
About Dhiwise Private Limited
Data last updated:
Dhiwise Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72900GJ2021PTC122126. Its GSTIN is 24AAICD4834C1ZZ (Gujarat).
The company has an authorised share capital of ₹55.17 Lakh and a paid-up capital of ₹18.96 Lakh. It is led by directors Vishal Virani and Rahul Vallabhbhai Shingala.
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 9th Fl. Office – 901 To 906 919 To 924 Infinity Tower Lal Darwaja Station Rd., Surat, Gujarat, India – 395003.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.45 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹12.64 Cr (net margin -366.1%) and EBITDA of -₹12.41 Cr (EBITDA margin -359.4%). Revenue has grown at a compounded annual rate (CAGR) of 108% over three years.
The company has about 57 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: DhiWise.
Dhiwise Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0060416). For more details, the company can be reached via its website dhiwise.com.
Company details
Recognitions & Rankings of Dhiwise
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-GJ-22-0060416
Contact details
Dhiwise Private Limited's registered office is in Surat, Gujarat. Its website is dhiwise.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9th Fl. Office – 901 To 906 919 To 924 Infinity Tower Lal Darwaja Station Rd., Surat, Gujarat, India – 395003
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Dhiwise 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
Dhiwise operates one associated brand: DhiWise. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs are converted into reusable code by an automation platform. | dhiwise.com |
Business activity
The main business activity of Dhiwise is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Dhiwise Private Limited, buy the company report.
Financials of Dhiwise Private Limited
FY 2025 filings availableDhiwise Private Limited reported revenue of ₹3.45 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 108% over three years, including 1% growth in the latest year. EBITDA fell 16% 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 |
|---|---|---|---|---|
| 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 | -₹12.41 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹12.64 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -359.4% | |||
| Net Profit Margin | -366.1% | |||
| 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 | ||||
To see the full financial statements and ratios of Dhiwise Private Limited, buy the company report.
Board of directors of Dhiwise Private Limited
Dhiwise has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Virani Also directs: SSMP Innovations LLP | Director | 20 Apr 2021 | 5 Years 6 Months | Current |
| Rahul Vallabhbhai Shingala Also directs: Coruscate Innovations LLP | Director | 20 Apr 2021 | 5 Years 6 Months | Current |
Auditor
Dhiwise Private Limited is audited by CA BHARAT POPATBHAI KAKADIYA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA BHARAT POPATBHAI KAKADIYA | FY 2023 | 129821 |
Shareholding
The shareholding of Dhiwise Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Dhiwise Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dhiwise 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 Dhiwise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dhiwise Private Limited has a workforce of 57 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Dhiwise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICD4834C1ZZ | Gujarat | Active | 11 May 2021 |
To see the full GST registrations and return filing status of Dhiwise Private Limited, buy the company report.
Recent activity
Dhiwise Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Rahul Vallabhbhai Shingala was appointed as Director on 20 Apr 2021.
From our blog
Frequently asked questions
Dhiwise is an active private limited company based in Surat, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 April 2021 (5+ years old) and is registered under CIN U72900GJ2021PTC122126.
Dhiwise has 2 current directors:
- Vishal Virani - Director
- Rahul Vallabhbhai Shingala - Director
The latest financial statements of Dhiwise on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Dhiwise is 24AAICD4834C1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Dhiwise is U72900GJ2021PTC122126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhiwise was incorporated on 20 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rahul Vallabhbhai Shingala was appointed as Director on 20 Apr 2021. Vishal Virani was appointed as Director on 20 Apr 2021.
Yes, Dhiwise is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Dhiwise is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0060416).
Dhiwise can be reached through the website dhiwise.com. Its registered office is in Surat, Gujarat, India.