MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-TN-02-0147769
Sq1 Security Technology Private Limited
Sq1 Security Technology Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹40.56 Cr
▲ 126% YoY
Net profit · FY 2025
₹7.35 Cr
Net margin 18.1%
EBITDA · FY 2025
₹11.36 Cr
EBITDA margin 28%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹3 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
49
Provident fund records
About Sq1 Security Technology Private Limited
Data last updated:
Sq1 Security Technology Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 08 July 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2022PTC153723. Its GSTIN is 33ABICS9254L1ZS (Tamil Nadu).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors Mahadevan Satish Narayanan and Mahadevan Suresh Krishnan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Futura Tech Park No.334 Block B 2nd Floor, Rajiv Gandhi Salai Omr Sholinganalkur Chennai, Tamil Nadu, India – 600119.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.56 Cr, a growth of 126% compared to the previous year. For the same year it recorded a net profit of ₹7.35 Cr (net margin 18.1%) and EBITDA of ₹11.36 Cr (EBITDA margin 28%).
The company has about 49 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3 Cr on record.
Sq1 Security Technology Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-02-0147769).
Company Details of Sq1 Security Technology Private Limited
CIN U72200TN2022PTC153723
Registration Number 153723
Incorporation Date 08 July 2022
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-TN-02-0147769
Recognitions & Rankings of Sq1 Security Technology
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFutura Tech Park No.334 Block B 2nd Floor, Rajiv Gandhi Salai Omr Sholinganalkur Chennai, Tamil Nadu, India – 600119
- IndustryInformation Technology, IT Consulting & Support Services, IT Products Retail & Distribution
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Business Activity of Sq1 Security Technology Private Limited
The main business activity of Sq1 Security Technology is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Sq1 Security Technology Private Limited FY 2025 filings available
Sq1 Security Technology Private Limited reported revenue of ₹40.56 Cr (up 126% YoY) for FY 2025.
Revenue · FY 2025
₹40.56 Cr ▲ 126%
Net profit · FY 2025
₹7.35 Cr margin 18.1%
EBITDA · FY 2025
₹11.36 Cr margin 28%
Compounded Annual Growth Rate (CAGR) of Sq1 Security Technology Private Limited
Revenue CAGR growth
1 year
▲ 126%
EBITDA CAGR growth
1 year
▲ 114%
Revenue rose 126% in the latest year. EBITDA rose 114% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Sq1 Security Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹11.36 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.35 Cr | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Sq1 Security Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 28% | •••• | •••• |
| Net Profit Margin | 18.1% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sq1 Security Technology are in the company report.
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Financial statements from FY 2023
Earlier years and trend charts are in the company report.
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Board of Directors of Sq1 Security Technology Private Limited
Sq1 Security Technology has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahadevan Satish Narayanan | Director | 08 Jul 2022 | 4 Years 3 Months | Current |
| Mahadevan Suresh Krishnan | Director | 08 Jul 2022 | 4 Years 3 Months | Current |
Peer Comparison of Sq1 Security Technology Private Limited
Sq1 Security Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Guavus Network Systems Private Limited | ₹40.74 Cr (FY 2024) | •••• | •••• | -34.0% | •••• | New Delhi, Delhi, India |
| Prime Tech Solutions Private Limited | ₹40.62 Cr (FY 2016) | •••• | •••• | 157.0% | •••• | Gurgaon, Haryana, India |
| Nettlinx Limited Listed | ₹40.62 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Hyderabad, Telangana, India |
| MSBC Solutions (India) Private Limited | ₹40.6 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Ahmedabad, Gujarat, India |
| PWW Distribution India Private Limited | ₹40.59 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Elphinstone Road West, Maharashtra, India |
| Sq1 Security Technology Private Limited this company | ₹40.56 Cr (FY 2025) | •••• | •••• | 126.0% | •••• | Chennai, Tamil Nadu, India |
| Ricoh Innovations Private Limited | ₹40.52 Cr (FY 2020) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Remiges Technologies Private Limited | ₹40.5 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Navi Mumbai, Maharashtra, India |
| Drishtee Development and Communication Limited | ₹40.49 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Scapia Technology Private Limited | ₹40.42 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Bangalore, Karnataka, India |
| Lingaro India Private Limited | ₹40.4 Cr (FY 2025) | •••• | •••• | 93.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Sq1 Security Technology by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sq1 Security Technology Private Limited
Sq1 Security Technology Private Limited is audited by C R B S & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C R B S & Associates LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Sq1 Security Technology Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Sq1 Security Technology Private Limited
Open charges
₹3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2026 | Others | ₹3 Cr | Open |
Total charge records: 1 View all charges
MSME Payment Delays by Sq1 Security Technology Private Limited
Sq1 Security Technology Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 4 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Unicare Hospitality Services Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Sq1 Security Technology Private Limited
Sq1 Security Technology Private Limited has a workforce of 49 employees as of Apr 08, 2024.
Employee count
49
Active EPFO establishments
1
Employee growth
75%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Sq1 Security Technology Private Limited
Sq1 Security Technology Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Mahadevan Satish Narayanan was appointed as Director on 08 Jul 2022.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101222685 was registered on 19 Jan 2026.
AGM
Sq1 Security Technology Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sq1 Security Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Mahadevan Satish Narayanan was appointed as Director.
Appointed
Mahadevan Suresh Krishnan was appointed as Director.
Incorporation
08 Jul 2022
Sq1 Security Technology Private Limited was registered on 08 Jul 2022 with Roc Chennai & aged 4 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Sq1 Security Technology Private Limited
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Credit ratings, litigation, and regulatory alerts
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Subsidiaries & Group Companies of Sq1 Security Technology Private Limited
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Corporate group structure
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GST Compliance of Sq1 Security Technology Private Limited
Sq1 Security Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABICS9254L1ZS | Tamil Nadu | Active | 08 Aug 2022 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Sq1 Security Technology Private Limited
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MCA filings and documents
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Frequently Asked Questions about Sq1 Security Technology Private Limited
Sq1 Security Technology is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 08 July 2022 (4+ years old) and is registered under CIN U72200TN2022PTC153723.
Sq1 Security Technology reported revenue of ₹40.56 Cr for FY 2025 (up 126% YoY).
Sq1 Security Technology has 2 current directors:
- Mahadevan Satish Narayanan - Director
- Mahadevan Suresh Krishnan - Director
Sq1 Security Technology reported a net profit of ₹7.35 Cr (net margin 18.1%) and EBITDA of ₹11.36 Cr (EBITDA margin 28%) for FY 2025, as per its filed financial statements.
The GSTIN of Sq1 Security Technology is 33ABICS9254L1ZS, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sq1 Security Technology is U72200TN2022PTC153723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sq1 Security Technology was incorporated on 08 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sq1 Security Technology by revenue are Guavus Network Systems Private Limited, Prime Tech Solutions Private Limited, Nettlinx Limited, MSBC Solutions (India) Private Limited, PWW Distribution India Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Mahadevan Satish Narayanan was appointed as Director on 08 Jul 2022. Mahadevan Suresh Krishnan was appointed as Director on 08 Jul 2022.
Yes, Sq1 Security Technology is registered as an MSME under Udyam registration (number: UDYAM-TN-02-0147769).
Sq1 Security Technology has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Aug 2023.
The registered office of Sq1 Security Technology is at Futura Tech Park No.334 Block B 2nd Floor, Rajiv Gandhi Salai Omr Sholinganalkur Chennai, Tamil Nadu, India – 600119.