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Wandx Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹41.18 Lakh
▼ 75% YoY
Net loss · FY 2025
₹66.81 Lakh
Net margin -162.2%
EBITDA · FY 2025
-₹47.7 Lakh
EBITDA margin -115.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.41 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
16
Provident fund records
Directors on board
2
As per MCA filings
About Wandx Solutions Private Limited
Data last updated:
Wandx Solutions Private Limited is a private limited company based in Bangalore, Karnataka, 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 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC114114. Its GSTIN is 29AACCW2279C1Z9 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.41 Lakh. It is led by directors Abhinav Ramesh and Amit Maurya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sparkplug Coworks Blg C/O Hyggelig Co – Working No42 2nd Flr 100 Ft Rd 4th Block, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.18 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹66.81 Lakh (net margin -162.2%) and EBITDA of -₹47.7 Lakh (EBITDA margin -115.8%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 5% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Chainflux. The company has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹7.29 Cr; the latest was in March 2021. Its 10 peer companies in the same principal business activity (other information & communication service activities) are compared by revenue, 5 larger and 5 smaller; the largest is Rayuwa Home Health Solutions Private Limited with revenue of ₹41.25 Lakh.
For more details, the company can be reached via its website chainflux.com.
Company details
CIN U74999KA2018PTC114114
Registration Number 114114
Incorporation Date 20 June 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Key People
Abhinav Ramesh Director Amit Maurya Director Recognitions & Rankings of Wandx Solutions
Contact details
Wandx Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is chainflux.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSparkplug Coworks Blg C/O Hyggelig Co – Working No42 2nd Flr 100 Ft Rd 4th Block, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Wandx Solutions Private Limited, buy the company report.
Comprehensive company report
Wandx Solutions 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
Wandx Solutions operates one associated brand: Chainflux. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Blockchain projects and applications development services are provided. | chainflux.com |
Business activity
The main business activity of Wandx Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Wandx Solutions Private Limited, buy the company report.
Financials of Wandx Solutions Private Limited
FY 2024 filings availableWandx Solutions Private Limited reported revenue of ₹41.18 Lakh (down 75% YoY) for FY 2025.
Revenue · FY 2025
₹41.18 Lakh ▼ 75%
Net loss · FY 2025
₹66.81 Lakh margin -162.2%
EBITDA · FY 2025
-₹47.7 Lakh margin -115.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 50%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 70%
3 years · compounded
▲ 30%
5 years · compounded
▼ 53%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 75% fall in the latest year. EBITDA rose 70% 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 | FY 2020-21 |
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| EBITDA | -₹47.7 Lakh | ||||
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| Net Profit (PAT) | -₹66.81 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -115.8% | ||||
| Net Profit Margin | -162.2% | ||||
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To see the full financial statements and ratios of Wandx Solutions Private Limited, buy the company report.
Board of directors of Wandx Solutions Private Limited
Wandx Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhinav Ramesh | Director | 20 Jun 2018 | 8 Years 4 Months | Current |
| Amit Maurya Also directs: Doctortalk Technologies Private Limited | Director | 11 Jan 2023 | 3 Years 9 Months | Current |
Peer comparison
Wandx Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rayuwa Home Health Solutions Private Limited | ₹41.25 Lakh (FY 2024) | 213.0% | Bangalore, Karnataka, India | |||
| Shivro Technologies Private Limited | ₹41.24 Lakh (FY 2025) | 273.0% | Lucknow, Uttar Pradesh, India | |||
| Ominfowave Software Services Private Limited | ₹41.23 Lakh (FY 2025) | -30.0% | Rajkot, Gujarat, India | |||
| Shareit Technology India Private Limited | ₹41.23 Lakh (FY 2025) | -91.0% | Gurugram, Haryana, India | |||
| Shiro Technologies Private Limited | ₹41.19 Lakh (FY 2024) | -27.0% | Mysore, Karnataka, India | |||
| Wandx Solutions Private Limitedthis company | ₹41.18 Lakh (FY 2025) | -₹66.81 Lakh | -162.2% | -75.0% | 16 | Bangalore, Karnataka, India |
| Autodit Private Limited | ₹41.15 Lakh (FY 2023) | Hyderabad, Telangana, India | ||||
| Vee EEE Technologies Solution Private Limited | ₹41.13 Lakh (FY 2024) | 9.0% | Chennai, Tamil Nadu, India | |||
| VRD Web Services Private Limited | ₹41.12 Lakh (FY 2025) | 7.0% | Ulhasnagar, Maharashtra, India | |||
| Naukridaddy HR Solutions Private Limited | ₹41.11 Lakh (FY 2024) | 974.0% | New Delhi, Delhi, India | |||
| Dewallstreet Private Limited | ₹41.09 Lakh (FY 2025) | -10.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Wandx Solutions Private Limited, buy the company report.
Auditor
Wandx Solutions Private Limited is audited by R K PATNIA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K PATNIA & CO | FY 2020 | 002158C |
Shareholding
The shareholding of Wandx Solutions Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Wandx Solutions Private Limited, buy the company report.
Deals & funding
Wandx Solutions Private Limited has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹7.29 Cr; the latest was in March 2021.
Total deals
5
Secondary share transfers
3
Rights issue
1
Funding round
1
Disclosed funding
₹7.29 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Funding round | ₹7.29 Cr | Investors: Chiratae Ventures (IDG) |
| May 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2020 | Rights issue | ₹31.2 Lakh | Investors: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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 Wandx 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 Wandx Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Wandx Solutions Private Limited has a workforce of 16 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
16
Active EPFO establishments
1
Employee growth
-38.46%
GST
Wandx Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW2279C1Z9 | Karnataka | Active | 30 Jul 2018 |
To see the full GST registrations and return filing status of Wandx Solutions Private Limited, buy the company report.
Recent activity
Wandx Solutions Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Amit Maurya was appointed as Director on 11 Jan 2023.
AGM
Wandx Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Wandx Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Amit Maurya was appointed as Director.
Ceased
Radhey Shyam Mamidi ceased to be Director.
Appointed
Abhinav Ramesh was appointed as Director.
Incorporation
20 Jun 2018
Wandx Solutions Private Limited was registered on 20 Jun 2018 with Roc Bangalore & aged 8 years 4 months as per MCA records.
Frequently asked questions
Wandx Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 20 June 2018 (8+ years old) and is registered under CIN U74999KA2018PTC114114.
Wandx Solutions has 2 current directors:
- Abhinav Ramesh - Director
- Amit Maurya - Director
The latest financial statements of Wandx Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Wandx Solutions is 29AACCW2279C1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Wandx Solutions is U74999KA2018PTC114114. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wandx Solutions was incorporated on 20 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Wandx Solutions has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹7.29 Cr; the latest was in March 2021.
The peers of Wandx Solutions by revenue are Rayuwa Home Health Solutions Private Limited, Shivro Technologies Private Limited, Ominfowave Software Services Private Limited, Shareit Technology India Private Limited, Shiro Technologies Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Amit Maurya was appointed as Director on 11 Jan 2023. Radhey Shyam Mamidi ceased to be Director on 11 Jan 2023. Abhinav Ramesh was appointed as Director on 20 Jun 2018.
Yes, Wandx Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Wandx Solutions can be reached through the website chainflux.com. Its registered office is in Bangalore, Karnataka, India.