Company Intelligence Profile
Quantsolar Technologies Private Limited
Quantsolar Technologies (Quant Solar) is a New Delhi-headquartered, Kolkata-registered EPC specialist in Floating Solar Photovoltaic (FSPV) power plants, founded in 2016.
Last updated 17 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Quantsolar Technologies Private Limited |
|---|---|
| CIN | U74999WB2016PTC216281 |
| PAN | AAACQ4317K |
| Status | Active |
| Listing | No — unlisted private limited company |
| Incorporated | 22 June 2016 |
| ROC | Registrar of Companies, Kolkata (West Bengal) |
| Sector (NIC) |
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| Registered address | Shop No. 5, Ellora Market, 2 Sourin Road, Behala Tram Depot, Kolkata, West Bengal, 700034 |
| Authorized capital |
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| Paid-up capital |
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Business Overview
Confirmed- Quant Solar (Quantsolar Technologies Pvt Ltd), founded 2016, is a clean-tech firm specializing in Floating Solar Photovoltaic (FSPV) power-plant solutions — site feasibility, design & engineering, material procurement, installation & commissioning, and O&M, with in-house design/engineering/manufacturing capability and several patent filings
- Reported track record: ~9 MWp of turnkey EPC projects and ~108.5 MWp of cumulative floating-systems supply, with 200 MW/yr installed production capacity (300 MW/yr upcoming)
- HQ: New Delhi, with offices in Kolkata, Hyderabad and Visakhapatnam
- EPFO-registered headcount ~56 vs Tracxn's ~106 (May 2025) — two sources disagree on employee count, reported as range
Directors
Partial / conflictingPartial (single primary source for DINs — Tofler; not cross-confirmed by a second source, so treat DINs as partial/unconfirmed):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Pankaj Kumar | 07800727 | Whole-time Director & Co-founder | 21 Apr 2017 |
| Siddhant Agarwal | 07797236 | Whole-time Director & Co-founder | 21 Apr 2017 |
GST Registration
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 19AAACQ4317K1ZA | West Bengal | AAACQ4317K (confirmed — Tofler; consistent with PAN segment embedded in GSTIN 19AAACQ4317K1ZA) | Active |
Primary GSTIN: 19AAACQ4317K1ZA (confirmed — mastersindia.co, PAN segment matches AAACQ4317K). State: West Bengal. Registration date: 24 July 2017. Status: Active, Regular taxpayer. Principal place of business: Shop No 9, Ellora Market, Sourin Roy Road, Behala Tram Depot, Kolkata, WB 700034. Total number of state-wise GST registrations: not obtained (only the West Bengal GSTIN was located; company also operates from Hyderabad/Visakhapatnam per site, so additional state registrations likely exist but were not confirmed).
Financials
Partial / conflicting- Revenue FY ending 31 Mar 2024: ₹34.6 crore, CAGR ~41% (1-yr).
- Revenue FY2025: ₹62.46 crore, up 81% YoY — this is broadly consistent with the ₹34.6cr→₹62.5cr YoY trajectory implied by the two figures, though exact FY-end dates were not independently verified.
- EBITDA and PAT: locked behind premium paywalls on TheCompanyCheck — not obtained.
- Net worth: not obtained.
- Borrowings/charges: Open charges ₹35.36 crore; satisfied charges ₹3.51 crore; key charge-holder HDFC Bank Ltd (₹10 crore facility) — source: TheCompanyCheck only.
No standalone-vs-consolidated distinction was stated by any source; company has no listed subsidiaries identified, so figures are presumed standalone.
Funding
Partial / conflicting- Partial: Total funding reported as $818K over 2 rounds — a Seed round (11 Feb 2022) and an Angel round (6 Sep 2023)
- Investor count: 3 institutional + 4 angel investors reported; only IIT Guwahati (as an incubator/accelerator-linked investor) is named specifically — remaining investor names not disclosed in accessible content
Charges / Borrowings
Partial / conflictingPartial — Open charges ₹35.36 crore, satisfied charges ₹3.51 crore, with HDFC Bank Limited named as a charge-holder (₹10 crore) — sourced solely from TheCompanyCheck; not cross-confirmed by a second source.
Competitors
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