DPIIT recognised startup Government of India
Startup India
Ultiwise Ventures Private Limited - business outsourcing in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹7.3 Lakh
▲ 122% YoY
Net loss · FY 2023
₹16.35 Lakh
Net margin -224%
EBITDA · FY 2023
-₹16.34 Lakh
EBITDA margin -223.8%
Authorised capital
₹11 Lakh
Registered with MCA
Paid-up capital
₹6.02 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Brands
2
Associated brands
About Ultiwise Ventures Private Limited
Data last updated:
Ultiwise Ventures Private Limited is a private limited company based in Noida, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 19 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74140UP2019PTC122523.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹6.02 Lakh. It is led by directors including Prateek Vohra and Mayank Mehra.
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 G – 10 Second Floor Sector – 63, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.3 Lakh, a growth of 122% compared to the previous year. For the same year it recorded a net loss of ₹16.35 Lakh (net margin -224%) and EBITDA of -₹16.34 Lakh (EBITDA margin -223.8%). Revenue has grown at a compounded annual rate (CAGR) of 118% over three years.
The company is associated with 2 brands: Ultiwise and Corpzo.
Ultiwise Ventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0006873). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ultiwise.in.
Company details
CIN U74140UP2019PTC122523
Registration Number 122523
Incorporation Date 19 October 2019
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0006873
Recognitions & Rankings of Ultiwise Ventures
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-28-0006873
Contact details
Ultiwise Ventures Private Limited's registered office is in Noida, Uttar Pradesh. Its website is ultiwise.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG – 10 Second Floor Sector – 63, Noida, Uttar Pradesh, India – 201301
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Ultiwise Ventures Private Limited, buy the company report.
Comprehensive company report
Ultiwise Ventures 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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Brands
Ultiwise Ventures operates two associated brands: Ultiwise and Corpzo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides legal advice, financial optimization, and regulatory compliance for startups and enterprises. | ultiwise.in | |
| Offers business registration, compliance, and financial services for companies worldwide. | corpzo.com |
Business activity
The main business activity of Ultiwise Ventures 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 Ultiwise Ventures Private Limited, buy the company report.
Financials of Ultiwise Ventures Private Limited
FY 2023 filings availableUltiwise Ventures Private Limited reported revenue of ₹7.3 Lakh (up 122% YoY) for FY 2023.
Revenue · FY 2023
₹7.3 Lakh ▲ 122%
Net loss · FY 2023
₹16.35 Lakh margin -224%
EBITDA · FY 2023
-₹16.34 Lakh margin -223.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 122%
3 years · compounded
▲ 118%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 339%
Revenue has grown at a compounded annual rate (CAGR) of 118% over three years, including 122% growth in the latest year. EBITDA fell 18% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹7.3 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹16.34 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹16.35 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -223.8% | |||
| Net Profit Margin | -224% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Ultiwise Ventures Private Limited, buy the company report.
Board of directors of Ultiwise Ventures Private Limited
Ultiwise Ventures has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prateek Vohra Also directs: Octamill Renewables Private Limited, Corpzo Ventures Private Limited, Indartu Technologies Private Limited and 3 more | Director | 26 Feb 2024 | 2 Years 8 Months | Current |
| Mayank Mehra Also directs: Ultiwise Legal LLP, Octamill Renewables Private Limited, D'eurasia Investment Trustees Private Limited and 4 more | Director | 05 Dec 2019 | 6 Years 10 Months | Current |
| Vimal Kumar | Director | 01 Jan 2021 | 5 Years 9 Months | Current |
Auditor
Ultiwise Ventures Private Limited is audited by GEETA AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GEETA AND COMPANY | FY 2023 | 030750N |
Shareholding
The shareholding of Ultiwise Ventures Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ultiwise Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ultiwise Ventures 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 Ultiwise Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ultiwise Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ultiwise Ventures Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Prateek Vohra was appointed as Director on 26 Feb 2024.
Appointed
Prateek Vohra was appointed as Director.
AGM
Ultiwise Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Ultiwise Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.
Ceased
Mayur Maed ceased to be Director.
Appointed
Vimal Kumar was appointed as Director.
Appointed
Mayank Mehra was appointed as Director.
Ceased
Prateek Vohra ceased to be Director.
Incorporation
19 Oct 2019
Ultiwise Ventures Private Limited was registered on 19 Oct 2019 with Roc Kanpur & aged 7 years 9 days as per MCA records.
Frequently asked questions
Ultiwise Ventures is an active private limited company based in Noida, Uttar Pradesh, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 19 October 2019 (7+ years old) and is registered under CIN U74140UP2019PTC122523.
Ultiwise Ventures has 3 current directors:
- Prateek Vohra - Director
- Mayank Mehra - Director
- Vimal Kumar - Director
The latest financial statements of Ultiwise Ventures 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 2020 are in the company report.
The CIN (Corporate Identification Number) of Ultiwise Ventures is U74140UP2019PTC122523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ultiwise Ventures was incorporated on 19 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Kanpur.
Prateek Vohra was appointed as Director on 26 Feb 2024. Mayur Maed ceased to be Director on 01 Jan 2021. Vimal Kumar was appointed as Director on 01 Jan 2021. Ultiwise Ventures has 5 board changes on record in total.
Yes, Ultiwise Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ultiwise Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0006873).
Ultiwise Ventures can be reached through the website ultiwise.in. Its registered office is in Noida, Uttar Pradesh, India.
The registered office of Ultiwise Ventures is at G – 10 Second Floor Sector – 63, Noida, Uttar Pradesh, India – 201301.