About Widex India Private Limited
Data last updated:
Widex India Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Widex A/S,Denmark. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 28 September 2000.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74899KA2000PTC181470. Its GSTIN is 29AAACW3207E1ZL (Karnataka). The company held 15 GST registrations, of which 6 are active.
The company had an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.4 Cr. It was led by director Mohan Narasimha Swamy.
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 was at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹83.93 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹2.48 Cr (net margin 3%) and EBITDA of ₹4.26 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
The company had about 71 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Widex India and WS Audiology. Court records list 20 cases involving the company, including 15 filed by the company and 5 filed against it; 2 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹40.28 Cr; the latest was in April 2012. Its 10 peer companies in the Healthcare industry (Medical and Laboratory Equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Trident Equipments Private Limited with revenue of ₹88.48 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The last known website on record is widexindia.co.in.
CIN History of Widex India Private Limited
Widex India has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74899KA2000PTC181470, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899KA2000PTC181470 | Current |
| U74899CH2000PTC031135 | Previous |
| U74899DL2000PTC107955 | Previous |
| U74899DL2000PTC392005 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSattva Knowledge Court Ground Floor Wing A – Office 1 Plot No. 9, Doddenakundi I Phase Industrial Area Doddenakundi Village K.R. Puram, Bangalore, Karnataka, India – 560048
- IndustryHealthcare, Medical & Laboratory Equipment
- 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
- One PDF report, delivered after checkout
Associated Brands with Widex India Private Limited
Widex India operates two associated brands: Widex India and WS Audiology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides hearing aids, apps, and accessories for improved hearing health globally. | widexindia.co.in | |
| Hearing loss treatment devices are developed by WS Audiology. | wsa.com |
Business Activity of Widex India Private Limited
The main business activity of Widex India is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Widex India Private Limited FY 2024 filings available
Widex India Private Limited reported revenue of ₹83.93 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Widex India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 35% over three years, including 6% growth in the latest year. EBITDA rose 10% 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 of Widex India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹4.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.48 Cr | •••• | •••• | •••• | •••• |
| 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 of Widex India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Widex India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Widex India Private Limited
Widex India Private Limited currently reports 1 director and 1 key managerial person. 16 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Ashokrao Pawar | Ceo | 24 Apr 2020 | 6 Years 5 Months | As last reported |
| Mohan Narasimha Swamy Also directs: Sivantos India Private Limited | Director | 24 Jul 2024 | 2 Years 2 Months | As last reported |
Peer Comparison of Widex India Private Limited
Widex India Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Trident Equipments Private Limited | ₹88.48 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Thane, Maharashtra, India |
| Bmecimaging Private Limited | ₹88.12 Cr (FY 2024) | •••• | •••• | 51.0% | •••• | Chennai, Tamil Nadu, India |
| Appasamy Ocular Devices Private Limited | ₹87.93 Cr (FY 2022) | •••• | •••• | 60.0% | •••• | Chennai, Tamil Nadu, India |
| Medequip Healthcare Solutions Private Limited | ₹85.61 Cr (FY 2025) | •••• | •••• | 413.0% | •••• | Dod Ballapur, Karnataka, India |
| Srishty Medical Private Limited | ₹84.1 Cr (FY 2025) | •••• | •••• | 74.0% | •••• | New Delhi, Delhi, India |
| Widex India Private Limited this company | ₹83.93 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Time Medical International Ventures (India) Private Limited | ₹83.89 Cr (FY 2025) | •••• | •••• | 277.0% | •••• | Chennai, Tamil Nadu, India |
| Prama Instruments Private Limited | ₹82.64 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| Transasia Diagnostics Private Limited | ₹81.93 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Mumbai, Maharashtra, India |
| Smt Cardiovascular Private Limited | ₹81.66 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Surat, Gujarat, India |
| Alan Electronic Systems Private Limited | ₹81.46 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Thane, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Widex India by revenue in the Healthcare industry (Medical and Laboratory Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Widex India Private Limited
Widex India Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Widex India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Widex India Private Limited
Widex India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Widex India Private Limited
Widex India Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹40.28 Cr; the latest was in April 2012.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2012 | Funding round | ₹27.53 Cr | Investors: an individual |
| Aug 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2009 | Funding round | ₹4.64 Cr | Investors: 2 individuals |
| Feb 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2007 | Funding round | ₹8.12 Cr | Investors: an individual |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Widex India Private Limited
Widex India Private Limited has 20 court cases on record: 15 filed by Widex India, 5 filed against it. 2 cases are pending and 18 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 3 | 0 |
| High courts | 2 | 2 | 2 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Tax appeal | Filed against the company by PR. Commissioner of Incoem Tax-I, Chandigarh | Pending |
| High Court of Punjab and Haryana | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax -1 Chandigarh | Pending |
| District court, Chandigarh | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
Full case history
All 20 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Widex India Private Limited
Widex India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Widex India Private Limited
Widex India Private Limited has a workforce of 71 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Widex India Private Limited
Widex India Private Limited has 18 board changes on record since 2009: 2 appointments and 16 cessations. The latest: Mohan Narasimha Swamy ceased to be Additional Director on 29 Sep 2024.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Widex India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Widex India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Widex India Private Limited
Widex India has 15 GST registrations: 6 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW3207E1ZL | Karnataka | Active | 01 Jul 2017 |
| 29AAACW3207E2ZK | Karnataka | Active | 12 Mar 2025 |
| 19AAACW3207E1ZM | West Bengal | Active | 01 Jul 2017 |
| 27AAACW3207E1ZP | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Widex India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Widex India Private Limited
Frequently Asked Questions about Widex India Private Limited
Widex India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Widex India was a private limited company based in Bangalore, Karnataka, India. The company worked in medical and laboratory equipment, within the healthcare industry. It was incorporated on 28 September 2000 and is registered under CIN U74899KA2000PTC181470. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Widex India was incorporated on 28 September 2000. It is registered with the Registrar of Companies, Bangalore.
Widex India had 2 directors and KMP:
- Mohan Narasimha Swamy - Director
- Avinash Ashokrao Pawar - Ceo
The CIN (Corporate Identification Number) of Widex India is U74899KA2000PTC181470. 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 Widex India is at Sattva Knowledge Court Ground Floor Wing A – Office 1 Plot No. 9, Doddenakundi I Phase Industrial Area Doddenakundi Village K.R. Puram, Bangalore, Karnataka, India – 560048.
Widex India can be reached through the website widexindia.co.in. Its registered office is in Bangalore, Karnataka, India.
Widex India reported revenue of ₹83.93 Cr for FY 2024 (up 6% YoY).
Widex India has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.4 Cr.
Widex India reported a net profit of ₹2.48 Cr (net margin 3%) and EBITDA of ₹4.26 Cr (EBITDA margin 5.1%) for FY 2024, as per its filed financial statements.
The GSTIN of Widex India is 29AAACW3207E1ZL, registered in Karnataka. The company has 15 GST registrations in all, of which 6 are active and 9 are cancelled or inactive. Other active GSTINs include 29AAACW3207E2ZK (Karnataka), 19AAACW3207E1ZM (West Bengal), 27AAACW3207E1ZP (Maharashtra).
Widex India operated in the healthcare industry, in the medical and laboratory equipment segment.