Wizard Insurance Services Private Limited
About Wizard Insurance Services Private Limited
Data last updated:
Wizard Insurance Services Private Limited was a private limited company based in Hyderabad, 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 insurance and pension funding segment of the insurance sector. It was incorporated on 17 May 2001.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U66030TG2001PTC036744.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Chintalapudi Pradeep and Raghavender Varanasi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2018, the company reported a revenue of ₹23.63 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹6.69 Cr and EBITDA of -₹1.54 Cr. Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
Company details
CIN history
Wizard Insurance Services has one previous CIN (Corporate Identification Number): U66030AP2001PTC036744. The current CIN is U66030TG2001PTC036744, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66030TG2001PTC036744 | Current |
| U66030AP2001PTC036744 | Previous |
Contact details
Wizard Insurance Services Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMantri Celestia Tower – B Flat – 2306 8 – 266/7 Gachibowli Financial District Nanakram, Guda, Hyderabad, Telangana, India – 500032
- IndustryInsurance, Insurance & Pension Funding, Non Life Insurance
To see the full contact details of Wizard Insurance Services 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 Wizard Insurance Services Private Limited
FY 2018 filings availableWizard Insurance Services Private Limited reported revenue of ₹23.63 Lakh (down 83% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 83% fall in the latest year. EBITDA fell 277% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 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 | -₹1.54 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.69 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Wizard Insurance Services Private Limited, buy the company report.
Board of directors of Wizard Insurance Services Private Limited
Wizard Insurance Services has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintalapudi Pradeep Also directs: Karvy Holdings Limited | Director | 30 Jul 2014 | 12 Years 2 Months | As last reported |
| Raghavender Varanasi | Director | 22 Jan 2019 | 7 Years 9 Months | As last reported |
Auditor
Wizard Insurance Services Private Limited is audited by B S K S & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S K S & Co. | FY 2017 | 017471S |
Shareholding
The shareholding of Wizard Insurance Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Wizard Insurance Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wizard Insurance Services 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 Wizard Insurance Services 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 Wizard Insurance Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Wizard Insurance Services Private Limited has 10 board changes on record since 2009: 2 appointments and 8 cessations. The latest: Raghavender Varanasi ceased to be Director on 06 Dec 2021.
1 earlier event is in the company report.
Frequently asked questions
Wizard Insurance Services 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.
Wizard Insurance Services was a private limited company based in Hyderabad, Telangana, India. The company worked in insurance and pension funding, within the insurance industry. It was incorporated on 17 May 2001 and is registered under CIN U66030TG2001PTC036744. The company has been struck off by the Registrar of Companies and is no longer operational.
Wizard Insurance Services had 2 directors:
- Chintalapudi Pradeep - Director
- Raghavender Varanasi - Director
The CIN (Corporate Identification Number) of Wizard Insurance Services is U66030TG2001PTC036744. 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 Wizard Insurance Services is at Mantri Celestia Tower – B Flat – 2306 8 – 2667 Gachibowli Financial District Nanakram, Guda, Hyderabad, Telangana, India – 500032.
Wizard Insurance Services was incorporated on 17 May 2001. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Wizard Insurance Services on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Wizard Insurance Services operated in the insurance industry, in the insurance and pension funding segment. It worked in this industry before it was struck off.
Raghavender Varanasi ceased to be Director on 06 Dec 2021. Annaluri Tirumaleswara Sai Krishna Raviprakash ceased to be Director on 22 Jan 2019. Raghavender Varanasi was appointed as Director on 22 Jan 2019. Wizard Insurance Services has 10 board changes on record in total.
The compliance status of Wizard Insurance Services is compliant as of 08 August 2026.