Go Wallet Solutions Private Limited
About Go Wallet Solutions Private Limited
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Go Wallet Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Global Wallet Inc. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 27 August 2015.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC267854. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹2.32 Lakh. It was led by directors Allen Daniel Dsouza and Maruti Bhavakana Kokitkar.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 6 1st Floor Samruddhi Venture Park, Mumbai, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹7.34 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.84 Lakh (net margin -25%) and EBITDA of -₹1.84 Lakh (EBITDA margin -25%).
The company has 1 deal on record (1 secondary share transfer); the latest was in March 2017.
Company details
Contact details
Go Wallet Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGala 5 & 6 1st Floor Samruddhi Venture Park MIDC Central Rd Next To Tunga Paradise, Andheri(E), Mumbai, Maharashtra, India – 400093
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Go Wallet Solutions 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
Business activity
The main business activity of Go Wallet Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Go Wallet Solutions Private Limited, buy the company report.
Financials of Go Wallet Solutions Private Limited
FY 2017 filings availableGo Wallet Solutions Private Limited reported revenue of ₹7.34 Lakh (up 156091% YoY) for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹7.34 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.84 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.84 Lakh | |
| 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 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -25% | |
| Net Profit Margin | -25% | |
| 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 Go Wallet Solutions Private Limited, buy the company report.
Board of directors of Go Wallet Solutions Private Limited
Go Wallet Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Allen Daniel Dsouza Also directs: Arohi Technologies LLP | Director | 27 Aug 2015 | 11 Years 2 Months | As last reported |
| Maruti Bhavakana Kokitkar Also directs: Arohi Technologies LLP | Director | 27 Aug 2015 | 11 Years 2 Months | As last reported |
Auditor
Go Wallet Solutions Private Limited is audited by RAWANI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAWANI & CO | FY 2017 | 113651W |
Shareholding
The shareholding of Go Wallet Solutions Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Go Wallet Solutions Private Limited, buy the company report.
Deals & funding
Go Wallet Solutions Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
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 Go Wallet Solutions 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 Go Wallet Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Go Wallet Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Go Wallet Solutions Private Limited, buy the company report.
Recent activity
Go Wallet Solutions Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Maruti Bhavakana Kokitkar ceased to be Director on 16 Apr 2018.
Frequently asked questions
Go Wallet Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Go Wallet Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 27 August 2015 and is registered under CIN U74120MH2015PTC267854. The company has been struck off by the Registrar of Companies and is no longer operational.
Go Wallet Solutions had 2 directors:
- Allen Daniel Dsouza - Director
- Maruti Bhavakana Kokitkar - Director
The CIN (Corporate Identification Number) of Go Wallet Solutions is U74120MH2015PTC267854. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Go Wallet Solutions is at Gala 5 & 6 1st Floor Samruddhi Venture Park MIDC Central Rd Next To Tunga Paradise, AndheriE, Mumbai, Maharashtra, India – 400093.
Go Wallet Solutions was incorporated on 27 August 2015. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Go Wallet Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from FY 2016 are in the company report.
No. Go Wallet Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
Go Wallet Solutions operated in the financial services industry, in the diversified financial services segment. It worked in this industry before it was struck off.
Go Wallet Solutions has 1 deal on record (1 secondary share transfer); the latest was in March 2017.
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