MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-CH-01-0000830
Wize Brains IT Solutions Private Limited - information technology in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹4.21 Cr
▲ 78% YoY
Net profit · FY 2022
₹3.2 Lakh
Net margin 0.8%
EBITDA · FY 2022
₹11.12 Lakh
EBITDA margin 2.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
15
Provident fund records
Directors on board
3
As per MCA filings
About Wize Brains IT Solutions Private Limited
Data last updated:
Wize Brains IT Solutions Private Limited is a private limited company based in Chandigarh, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900CH2020PTC042891. Its GSTIN is 04AACCW6006D1ZU (Chandigarh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Krishan Kanta Jain and Anil Kumar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Plot No. 10 Rajiv Gandhi Technology Park, Chandigarh, India – 160101.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.21 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹3.2 Lakh (net margin 0.8%) and EBITDA of ₹11.12 Lakh (EBITDA margin 2.6%).
The company has about 15 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed against it.
Wize Brains IT Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0000830). For more details, the company can be reached via its website wizebrains.com.
Company details
CIN U72900CH2020PTC042891
Registration Number 042891
Incorporation Date 28 January 2020
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
MSME Classification Micro
Udyam Registration UDYAM-CH-01-0000830
Recognitions & Rankings of Wize Brains IT Solutions
Contact details
Wize Brains IT Solutions Private Limited's registered office is in Chandigarh, Chandigarh. Its website is wizebrains.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 10 Rajiv Gandhi Technology Park, Chandigarh, India – 160101
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Wize Brains IT Solutions Private Limited, buy the company report.
Comprehensive company report
Wize Brains 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Wize Brains IT Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Wize Brains IT Solutions Private Limited, buy the company report.
Financials of Wize Brains IT Solutions Private Limited
FY 2022 filings availableWize Brains IT Solutions Private Limited reported revenue of ₹4.21 Cr (up 78% YoY) for FY 2022.
Revenue · FY 2022
₹4.21 Cr ▲ 78%
Net profit · FY 2022
₹3.2 Lakh margin 0.8%
EBITDA · FY 2022
₹11.12 Lakh margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 78%
EBITDA CAGR growth
1 year
▲ 205%
Revenue rose 78% in the latest year. EBITDA rose 205% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹4.21 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹11.12 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.2 Lakh | ||
| 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 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 2.6% | ||
| Net Profit Margin | 0.8% | ||
| 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 Wize Brains IT Solutions Private Limited, buy the company report.
Board of directors and KMP of Wize Brains IT Solutions Private Limited
Wize Brains IT Solutions Private Limited currently reports 2 directors and 1 key managerial person. 3 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishan Kanta Jain | Director | 23 Oct 2020 | 6 Years 0 Months | Current |
| Anil Kumar Also directs: Webgenius IT Solutions Private Limited, Xpertidea IT Solutions Private Limited, Bliss IT Solutions Private Limited and 1 more | Director | 28 Jan 2020 | 6 Years 9 Months | Current |
| Bindu Devi Also directs: Webgenius IT Solutions Private Limited | Cfo | 08 Nov 2022 | 3 Years 11 Months | Current |
Peer comparison
Wize Brains IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maxrad Software India Private Limited | ₹4.23 Cr (FY 2024) | 26.0% | Bangalore, Karnataka, India | |||
| Xpress Computers Limited | ₹4.22 Cr (FY 2024) | -35.0% | Mumbai, Maharashtra, India | |||
| Niksun India Private Limited | ₹4.22 Cr (FY 2024) | 34.0% | New Delhi, Delhi, India | |||
| Merp Systems Private Limited | ₹4.22 Cr (FY 2024) | 169.0% | Alappuzha, Kerala, India | |||
| Quodeck Technologies Private Limited | ₹4.21 Cr (FY 2024) | -21.0% | Mumbai, Maharashtra, India | |||
| Wize Brains IT Solutions Private Limitedthis company | ₹4.21 Cr (FY 2022) | ₹3.2 Lakh | 0.8% | 78.0% | 15 | Chandigarh, India |
| Hectae Analytics and Software Solutions Private Limited | ₹4.21 Cr (FY 2024) | 407.0% | Chennai, Tamil Nadu, India | |||
| Niantic India Private Limited | ₹4.2 Cr (FY 2025) | 38.0% | Hyderabad, Telangana, India | |||
| Kami Vision India Private Limited | ₹4.19 Cr (FY 2025) | -72.0% | Bangalore, Karnataka, India | |||
| Markivis Private Limited | ₹4.19 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Cloudsquads Private Limited | ₹4.18 Cr (FY 2025) | 10.0% | Madurai, Tamil Nadu, India |
To see the full peer comparison of Wize Brains IT Solutions Private Limited, buy the company report.
Auditor
Wize Brains IT Solutions Private Limited is audited by KHURANA VINEET & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHURANA VINEET & ASSOCIATES | FY 2021 | 011964N |
Shareholding
The shareholding of Wize Brains IT Solutions Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Wize Brains IT Solutions Private Limited, buy the company report.
Legal cases
Wize Brains IT Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Execution petition | Filed against the company by an individual | Disposed |
| District court, Chandigarh | Execution petition | Filed against the company by an individual | Disposed |
To see the full case history of Wize Brains IT Solutions Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Wize Brains IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Wize Brains IT Solutions Private Limited has a workforce of 15 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
-42.31%
GST
Wize Brains IT Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AACCW6006D1ZU | Chandigarh | Active | 17 Nov 2020 |
To see the full GST registrations and return filing status of Wize Brains IT Solutions Private Limited, buy the company report.
Recent activity
Wize Brains IT Solutions Private Limited has 6 board changes on record since 2020: 3 appointments and 3 cessations. The latest: Bindu Devi was appointed as CFO on 08 Nov 2022.
Appointed
Bindu Devi was appointed as CFO.
AGM
Wize Brains It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Wize Brains It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chandigarh.
Ceased
Krishan Kanta Jain ceased to be Additional Director.
Ceased
Sudhir Kumar ceased to be Additional Director.
Ceased
Jagdish Kumar ceased to be Director.
Appointed
Krishan Kanta Jain was appointed as Director.
Appointed
Anil Kumar was appointed as Director.
Incorporation
28 Jan 2020
Wize Brains It Solutions Private Limited was registered on 28 Jan 2020 with Roc Chandigarh & aged 6 years 9 months as per MCA records.
Frequently asked questions
Wize Brains IT Solutions is an active private limited company based in Chandigarh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 January 2020 (6+ years old) and is registered under CIN U72900CH2020PTC042891.
Wize Brains IT Solutions has 3 current directors and KMP:
- Krishan Kanta Jain - Director
- Anil Kumar - Director
- Bindu Devi - Cfo
The latest financial statements of Wize Brains IT Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Wize Brains IT Solutions is 04AACCW6006D1ZU, registered in Chandigarh.
The CIN (Corporate Identification Number) of Wize Brains IT Solutions is U72900CH2020PTC042891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wize Brains IT Solutions has 2 court cases on record: 2 filed against it.
Wize Brains IT Solutions was incorporated on 28 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Wize Brains IT Solutions by revenue are Maxrad Software India Private Limited, Xpress Computers Limited, Niksun India Private Limited, Merp Systems Private Limited, Quodeck Technologies Private Limited and 5 more, all in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.).
Bindu Devi was appointed as CFO on 08 Nov 2022. Krishan Kanta Jain ceased to be Additional Director on 31 Dec 2021. Sudhir Kumar ceased to be Additional Director on 31 Dec 2021. Wize Brains IT Solutions has 6 board changes on record in total.
Yes, Wize Brains IT Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-CH-01-0000830).
Wize Brains IT Solutions can be reached through the website wizebrains.com. Its registered office is in Chandigarh, India.