Way IT Solutions Private Limited

Way IT Solutions Private Limited - information technology in Karimnagar, Telangana, India. Directors, charges & compliance details.
CIN U72200TG2013PTC086573 Incorporated 22 March 2013 ROC Hyderabad HQ Karimnagar, Telangana, India
Struck Off Private Limited Company information technology
Data last updated
Revenue · FY 2016
₹7.69 Lakh
▼ 15% YoY
Net loss · FY 2016
₹62,193
Net margin -8.1%
EBITDA · FY 2016
-₹38,907
EBITDA margin -5.1%
Authorised capital
₹1.5 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
Last financials
Mar 2015
Balance sheet date

About Way IT Solutions Private Limited

Data last updated:

Way IT Solutions Private Limited was a private limited company based in Karimnagar, Telangana, India. 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 data processing and IT services segment of the technology and IT services sector. It was incorporated on 22 March 2013.

The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2013PTC086573.

The company had an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1.5 Lakh. It was led by directors including Dinesh Nalumachu and Abhishek Ganji.

Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 7 – 1 – 532/1 Mankammathota, Karimnagar, Telangana, India – 505001.

As per the financials filed for FY 2016, the company reported a revenue of ₹7.69 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹62,193 (net margin -8.1%) and EBITDA of -₹38,907 (EBITDA margin -5.1%).

Company details

CIN U72200TG2013PTC086573
Registration Number 086573
Incorporation Date 22 March 2013
ROC Hyderabad
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2015
Date of Balance Sheet 31 March 2015
Compliance Status Active Non-Compliant

CIN history

Way IT Solutions has one previous CIN (Corporate Identification Number): U72200AP2013PTC086573. The current CIN is U72200TG2013PTC086573, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200TG2013PTC086573Current
U72200AP2013PTC086573Previous

Contact details

Way IT Solutions Private Limited's registered office is in Karimnagar, Telangana.

  • Registered Address
    7 – 1 – 532/1 Mankammathota, Karimnagar, Telangana, India – 505001
  • Industry
    Information Technology, Data Processing, Hosting and Related Activities
Comprehensive company report
Way IT 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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Business activity

The main business activity of Way IT Solutions is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Way IT Solutions Private Limited, buy the company report.

Financials of Way IT Solutions Private Limited

FY 2015 filings available

Way IT Solutions Private Limited reported revenue of ₹7.69 Lakh (down 15% YoY) for FY 2016.

Revenue · FY 2016
₹7.69 Lakh ▼ 15%
Net loss · FY 2016
₹62,193 margin -8.1%
EBITDA · FY 2016
-₹38,907 margin -5.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 15%

Revenue fell 15% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
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-₹38,907
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹62,193
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 2015-16FY 2014-15
Profitability
EBITDA Margin-5.1%
Net Profit Margin-8.1%
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 Way IT Solutions Private Limited, buy the company report.

Board of directors of Way IT Solutions Private Limited

Way IT Solutions has 3 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Dinesh NalumachuDirector22 Mar 201313 Years 7 MonthsAs last reported
Abhishek GanjiDirector22 Mar 201313 Years 7 MonthsAs last reported
Chaitanya Reddy VelumulaDirector22 Mar 201313 Years 7 MonthsAs last reported

Peer comparison

Way IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Purr Infomedia Private Limited₹7.79 Lakh (FY 2018)-6.0%Delhi, India
Greatplayers Sports Private Limited₹7.78 Lakh (FY 2020)1087.0%Bhopal, Madhya Pradesh, India
Webside Technologies Private Limited₹7.77 Lakh (FY 2025)-30.0%New Delhi, Delhi, India
Brillytics Technology Solutions Private Limited₹7.77 Lakh (FY 2024)1194.0%Madurai, Tamil Nadu, India
Widespread Integra Paper Solutions Private Limited₹7.73 Lakh (FY 2024)Kanchipuram, Tamil Nadu, India
Way IT Solutions Private Limitedthis company₹7.69 Lakh (FY 2016)-₹62,193-8.1%-15.0%Karimnagar, Telangana, India
Uniquecoder Private Limited₹7.65 Lakh (FY 2020)83.0%Allahabad, Uttar Pradesh, India
Vidusys Infosystem Private Limited₹7.65 Lakh (FY 2024)-51.0%Dombivali, Maharashtra, India
Escalent Technologies Private Limited₹7.64 Lakh (FY 2019)-31.0%Pune, Maharashtra, India
Hezemon Technologies Private Limited₹7.64 Lakh (FY 2025)154.0%Hyderabad, Telangana, India
VSH Financial Consultants Private Limited₹7.62 Lakh (FY 2025)-31.0%Delhi, India

To see the full peer comparison of Way IT Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Way IT Solutions 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 Way IT Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Way IT Solutions Private Limited has 3 board changes on record since 2013: 3 appointments. The latest: Abhishek Ganji was appointed as Director on 22 Mar 2013.

AGM
Way It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.
Filing
Way It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Hyderabad.
Appointed
Abhishek Ganji was appointed as Director.
Appointed
Chaitanya Reddy Velumula was appointed as Director.
Appointed
Dinesh Nalumachu was appointed as Director.
Incorporation
22 Mar 2013
Way It Solutions Private Limited was registered on 22 Mar 2013 with Roc Hyderabad & aged 13 years 7 months as per MCA records.

Frequently asked questions

Way IT 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.

Way IT Solutions was a private limited company based in Karimnagar, Telangana, India. The company worked in data processing, within the information technology industry. It was incorporated on 22 March 2013 and is registered under CIN U72200TG2013PTC086573. The company has been struck off by the Registrar of Companies and is no longer operational.

Way IT Solutions had 3 directors:

The CIN (Corporate Identification Number) of Way IT Solutions is U72200TG2013PTC086573. 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 Way IT Solutions is at 7 – 1 – 5321 Mankammathota, Karimnagar, Telangana, India – 505001.

Way IT Solutions was incorporated on 22 March 2013. It is registered with the Registrar of Companies, Hyderabad.

The latest financial statements of Way IT Solutions on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.

Way IT Solutions operated in the information technology industry, in the data processing segment. It worked in this industry before it was struck off.

The peers of Way IT Solutions by revenue are Purr Infomedia Private Limited, Greatplayers Sports Private Limited, Webside Technologies Private Limited, Brillytics Technology Solutions Private Limited, Widespread Integra Paper Solutions Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).

Abhishek Ganji was appointed as Director on 22 Mar 2013. Chaitanya Reddy Velumula was appointed as Director on 22 Mar 2013. Dinesh Nalumachu was appointed as Director on 22 Mar 2013.

The compliance status of Way IT Solutions is active non-compliant as of 13 September 2026.