About Vynath Wireless Private Limited
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Vynath Wireless Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT services segment of the services sector. It was incorporated on 13 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC085253. Its GSTIN is 29AAFCV3479A1Z7 (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Sondur Lakshmipathi and Babu Ranju.
Its last annual general meeting (AGM) was held on 08 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 445 8th Cross Coffee Board Kempapura Hebbal, Bangalore, Karnataka, India – 560024.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.43 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Lakh (net margin 42.4%) and EBITDA of ₹1.41 Lakh (EBITDA margin 58.1%). Revenue has declined at a compounded annual rate (CAGR) of 79% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mymowireless.com.
Company details
Contact details
Vynath Wireless Private Limited's registered office is in Bangalore, Karnataka. Its website is mymowireless.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 445 8th Cross Coffee Board Kempapura Hebbal, Bangalore, Karnataka, India – 560024
- IndustryService, Information Technology Services
To see the full contact details of Vynath Wireless 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
Financials of Vynath Wireless Private Limited
FY 2023 filings availableVynath Wireless Private Limited reported revenue of ₹2.43 Lakh (down 72% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 79% over three years, including a 72% fall in the latest year. EBITDA fell 74% 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
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| EBITDA | ₹1.41 Lakh | ||||
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| Net Profit (PAT) | ₹1.03 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 58.1% | ||||
| Net Profit Margin | 42.4% | ||||
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To see the full financial statements and ratios of Vynath Wireless Private Limited, buy the company report.
Board of directors of Vynath Wireless Private Limited
Vynath Wireless has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sondur Lakshmipathi | Director | 13 Jan 2016 | 10 Years 9 Months | Current |
| Babu Ranju | Director | 13 Jan 2016 | 10 Years 9 Months | Current |
| Sondur Madhan Babu Also directs: Mymo Wireless Technology Private Limited | Director | 13 Jan 2016 | 10 Years 9 Months | Current |
Auditor
Vynath Wireless Private Limited is audited by RAKCHAMPS&CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKCHAMPS&CO | FY 2017 | 131094W |
Shareholding
The shareholding of Vynath Wireless Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vynath Wireless Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vynath Wireless 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 Vynath Wireless Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vynath Wireless has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV3479A1Z7 | Karnataka | Active | 17 Aug 2017 |
To see the full GST registrations and return filing status of Vynath Wireless Private Limited, buy the company report.
Recent activity
Vynath Wireless Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Babu Ranju was appointed as Director on 13 Jan 2016.
Frequently asked questions
Vynath Wireless is an active private limited company based in Bangalore, Karnataka, India. The company works in information technology services, within the service industry. It was incorporated on 13 January 2016 (10+ years old) and is registered under CIN U74900KA2016PTC085253.
Vynath Wireless has 3 current directors:
- Sondur Lakshmipathi - Director
- Babu Ranju - Director
- Sondur Madhan Babu - Director
The latest financial statements of Vynath Wireless on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 08 September 2023. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Vynath Wireless is 29AAFCV3479A1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Vynath Wireless is U74900KA2016PTC085253. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vynath Wireless was incorporated on 13 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Babu Ranju was appointed as Director on 13 Jan 2016. Sondur Lakshmipathi was appointed as Director on 13 Jan 2016. Sondur Madhan Babu was appointed as Director on 13 Jan 2016.
Vynath Wireless can be reached through the website mymowireless.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Vynath Wireless is at No 445 8th Cross Coffee Board Kempapura Hebbal, Bangalore, Karnataka, India – 560024.
Vynath Wireless operates in the service industry, in the information technology services segment.