About Qwik Entertainment India Private Limited
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Qwik Entertainment India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online streaming platforms segment of the internet and digital services sector. It was incorporated on 05 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2010PTC199736. Its GSTIN is 27AADCV1900A2ZY (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹31.26 Cr. It was formerly known as Valuable Wireless Networks Private Limited. It is led by directors including Narendra Narayan Hete and Ameya Narendra Hete.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 53/1 Media Info Tech Park Road No. 7 Nr. Akruti Trade Centre Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.19 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Lakh (net margin -49.2%) and EBITDA of -₹92,545 (EBITDA margin -42.3%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 14% over five years.
The company is associated with 1 brand: Qwik Entertainment. As per MCA filings, the company has satisfied charges of ₹5 Cr on record. The company has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹31.25 Cr; the latest was in May 2018.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qwikentertainment.com.
Company details
Name history
Qwik Entertainment India has undergone 4 name changes throughout its history. The current legal name is Qwik Entertainment India Private Limited.
| Company Name | Status |
|---|---|
| Qwik Entertainment India Private Limited | Current |
| Valuable Wireless Networks Private Limited | Previous |
| Qwik Entertainment India Limited | Previous |
| Valuable Entertainment On Demand Private Limited | Previous |
CIN history
Qwik Entertainment India has one previous CIN (Corporate Identification Number): U72900MH2010PLC199736. The current CIN is U72900MH2010PTC199736, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900MH2010PTC199736 | Current |
| U72900MH2010PLC199736 | Previous |
Contact details
Qwik Entertainment India Private Limited's registered office is in Mumbai, Maharashtra. Its website is qwikentertainment.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address53/1 Media Info Tech Park Road No. 7 Nr. Akruti Trade Centre Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryInternet, Online Streaming Platforms
To see the full contact details of Qwik Entertainment India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Qwik Entertainment India operates one associated brand: Qwik Entertainment. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Content storage and distribution, video on demand & value added services. | qwikentertainment.com |
Business activity
The main business activity of Qwik Entertainment India is arts, entertainment and recreation. In detail, this covers creative, arts and entertainment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| R | Arts, entertainment and recreation | 90 | Creative, arts and entertainment activities |
Financials of Qwik Entertainment India Private Limited
FY 2025 filings availableQwik Entertainment India Private Limited reported revenue of ₹2.19 Lakh (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 21% fall in the latest year. EBITDA fell 72% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹92,545 | ||||
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| Net Profit (PAT) | -₹1.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -42.3% | ||||
| Net Profit Margin | -49.2% | ||||
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To see the full financial statements and ratios of Qwik Entertainment India Private Limited, buy the company report.
Board of directors of Qwik Entertainment India Private Limited
Qwik Entertainment India has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Narayan Hete | Director | 05 Feb 2010 | 16 Years 9 Months | Current |
| Ameya Narendra Hete Also directs: Naamam Developers LLP, Sky N Land Insights LLP, Valuable Infra-Tech Private Limited and 5 more | Director | 14 Oct 2013 | 13 Years 0 Months | Current |
| Sanjay Shankar Gaikwad Also directs: Sash Developers LLP, Nisarg Building Art & Technology Pvt. Ltd, Valuable Technologies Private Limited and 5 more | Director | 05 Feb 2010 | 16 Years 9 Months | Current |
Auditor
Qwik Entertainment India Private Limited is audited by SSRV ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SSRV ASSOCIATES | FY 2023 | 135901W |
Shareholding
The shareholding of Qwik Entertainment India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Qwik Entertainment India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2013 | 10450286 | Tjsb Sahakari Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Qwik Entertainment India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Qwik Entertainment India Private Limited has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹31.25 Cr; the latest was in May 2018.
Deals on record (4 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Nifty Portfolio Services Private Limited |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Nifty Portfolio Services Private Limited Seller: Florence Distributors Pvt.Ltd. , Salasar Silk Mills Private Limited , Anurag Commercials Private Limited |
| Jan 2013 | Funding round | ₹9.02 Cr | Investors: Anurag Commercials Private Limited , Florence Distributors Pvt.Ltd. , Salasar Silk Mills Private Limited , an individual |
| Jul 2012 | Funding round | ₹1.03 Cr | Investors: Nifty Portfolio Services Private Limited , Advent Fiscal Private Limited , 2 individuals |
To see the full deal history of Qwik Entertainment India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Qwik Entertainment India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Qwik Entertainment India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Qwik Entertainment India has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Qwik Entertainment India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV1900A2ZY | Maharashtra | Active | 05 Jul 2021 |
To see the full GST registrations and return filing status of Qwik Entertainment India Private Limited, buy the company report.
Recent activity
Qwik Entertainment India Private Limited has 9 board changes on record since 2010: 3 appointments and 6 cessations. The latest: Ashish Khandelwal ceased to be Company Secretary on 31 May 2022.
2 earlier events are in the company report.
Frequently asked questions
Qwik Entertainment India is an active private limited company based in Mumbai, Maharashtra, India. The company works in online streaming platforms, within the internet industry. It was incorporated on 05 February 2010 (16+ years old) and is registered under CIN U72900MH2010PTC199736.
Qwik Entertainment India has 3 current directors:
- Narendra Narayan Hete - Director
- Ameya Narendra Hete - Director
- Sanjay Shankar Gaikwad - Director
The latest financial statements of Qwik Entertainment India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Qwik Entertainment India is 27AADCV1900A2ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Qwik Entertainment India is U72900MH2010PTC199736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qwik Entertainment India was incorporated on 05 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Qwik Entertainment India has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹31.25 Cr; the latest was in May 2018.
Ashish Khandelwal ceased to be Company Secretary on 31 May 2022. Prafulla Shashikant Vaidya ceased to be Whole-Time Director on 21 Jun 2019. Nilesh Moreshwar Kulkarni ceased to be Additional Director on 30 Sep 2015. Qwik Entertainment India has 9 board changes on record in total.
Qwik Entertainment India can be reached through the website qwikentertainment.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Qwik Entertainment India is at 531 Media Info Tech Park Road No. 7 Nr. Akruti Trade Centre Andheri East, Mumbai, Maharashtra, India – 400093.
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