Future Wings Visa Advisors Private Limited

Future Wings Visa Advisors Private Limited - business outsourcing in Chandigarh, India. FY 2026 financials & compliance.
CIN U74999CH2018PTC041896 Incorporated 08 March 2018 ROC Chandigarh HQ Chandigarh, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2023
₹38.77 Lakh
▲ 97% YoY
Net loss · FY 2023
₹18,283
Net margin -0.5%
EBITDA · FY 2023
₹88,322
EBITDA margin 2.3%
Authorised capital
₹6 Lakh
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
of 2 registered

About Future Wings Visa Advisors Private Limited

Data last updated:

Future Wings Visa Advisors Private Limited is a private limited company based in Chandigarh, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 08 March 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999CH2018PTC041896. Its GSTIN is 03AADCF3317K1ZX (Punjab). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Rita Sabherwal and Rajni.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at SCO – 172 2nd Floor Sector 37 – C, Chandigarh, India – 160036.

As per the financials filed for FY 2023, the company reported a revenue of ₹38.77 Lakh, a growth of 97% compared to the previous year. For the same year it recorded a net loss of ₹18,283 (net margin -0.5%) and EBITDA of ₹88,322 (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years.

Future Wings Visa Advisors Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0051941). For more details, the company can be reached via its website futurewingsvisa.in.

Company details

CIN U74999CH2018PTC041896
Registration Number 041896
Incorporation Date 08 March 2018
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
MSME Classification Micro
Udyam Registration UDYAM-PB-20-0051941

Recognitions & Rankings of Future Wings Visa Advisors

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-PB-20-0051941

Contact details

Future Wings Visa Advisors Private Limited's registered office is in Chandigarh, Chandigarh. Its website is futurewingsvisa.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    SCO – 172 2nd Floor Sector 37 – C, Chandigarh, India – 160036
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Future Wings Visa Advisors Private Limited, buy the company report.

Comprehensive company report
Future Wings Visa Advisors Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Future Wings Visa Advisors is support service to organizations. In detail, this covers travel agency and tour operators.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN3Travel agency and tour operators

To see the full business activity and turnover split of Future Wings Visa Advisors Private Limited, buy the company report.

Financials of Future Wings Visa Advisors Private Limited

FY 2023 filings available

Future Wings Visa Advisors Private Limited reported revenue of ₹38.77 Lakh (up 97% YoY) for FY 2023.

Revenue · FY 2023
₹38.77 Lakh ▲ 97%
Net loss · FY 2023
₹18,283 margin -0.5%
EBITDA · FY 2023
₹88,322 margin 2.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 97%
3 years · compounded
▲ 46%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 28%
5 years · compounded
▲ 131%

Revenue has grown at a compounded annual rate (CAGR) of 46% over three years, including 97% growth in the latest year. EBITDA fell 12% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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₹88,322
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹18,283
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin2.3%
Net Profit Margin-0.5%
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 Future Wings Visa Advisors Private Limited, buy the company report.

Board of directors of Future Wings Visa Advisors Private Limited

Future Wings Visa Advisors has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
RajniAdditional Director17 Nov 20214 Years 11 MonthsCurrent
Rita SabherwalDirector25 Mar 20197 Years 7 MonthsCurrent
Parvinder KaurAdditional Director16 Feb 20233 Years 8 MonthsCurrent

Auditor

Future Wings Visa Advisors Private Limited is audited by MITTAL LAXMI & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
MITTAL LAXMI & ASSOCIATESFY 2020010667N

Shareholding

The shareholding of Future Wings Visa Advisors Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Future Wings Visa Advisors Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Future Wings Visa Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Future Wings Visa Advisors has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
03AADCF3317K1ZXPunjabActive26 Jun 2019

To see the full GST registrations and return filing status of Future Wings Visa Advisors Private Limited, buy the company report.

Recent activity

Future Wings Visa Advisors Private Limited has 9 board changes on record since 2019: 3 appointments and 6 cessations. The latest: Parvinder Kaur was appointed as Additional Director on 16 Feb 2023.

AGM
Future Wings Visa Advisors Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Future Wings Visa Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
Appointed
Parvinder Kaur was appointed as Additional Director.
Ceased
Harmeet Kaur ceased to be Director.
Ceased
Pal Kaur ceased to be Additional Director.
Appointed
Rajni was appointed as Additional Director.
Ceased
Dilbagh Rai Sabherwal ceased to be Director.
Ceased
Ishu Kapoor ceased to be Director.
Ceased
Baljinder Singh Narula ceased to be Director.
Appointed
Rita Sabherwal was appointed as Director.
Ceased
Sharanjit ceased to be Director.
Incorporation
08 Mar 2018
Future Wings Visa Advisors Private Limited was registered on 08 Mar 2018 with Roc Chandigarh & aged 8 years 7 months as per MCA records.

Frequently asked questions

Future Wings Visa Advisors is an active private limited company based in Chandigarh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 08 March 2018 (8+ years old) and is registered under CIN U74999CH2018PTC041896.

Future Wings Visa Advisors has 3 current directors:

The latest financial statements of Future Wings Visa Advisors on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Future Wings Visa Advisors is 03AADCF3317K1ZX, registered in Punjab. 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 Future Wings Visa Advisors is U74999CH2018PTC041896. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Future Wings Visa Advisors was incorporated on 08 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.

Parvinder Kaur was appointed as Additional Director on 16 Feb 2023. Harmeet Kaur ceased to be Director on 09 Dec 2021. Pal Kaur ceased to be Additional Director on 09 Dec 2021. Future Wings Visa Advisors has 9 board changes on record in total.

Yes, Future Wings Visa Advisors is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-20-0051941).

Future Wings Visa Advisors can be reached through the website futurewingsvisa.in. Its registered office is in Chandigarh, India.

The registered office of Future Wings Visa Advisors is at SCO – 172 2nd Floor Sector 37 – C, Chandigarh, India – 160036.