
About CWX Craftworks Solutions Private Limited
Data last updated:
CWX Craftworks Solutions Private Limited was a private limited company based in Bangalore, Karnataka, 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 16 October 2017.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC107233. Its GSTIN is 29AAHCC2431K1ZL (Karnataka).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Shamik Das Sharma and Charu Varshney.
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 No 436 Adarsh Palm Retreat Outer Ring Road Bellandur, Bangalore, Karnataka, India – 560103.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.02 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹77.83 Lakh (net margin -457.4%) and EBITDA of -₹77.83 Lakh (EBITDA margin -457.4%). Revenue has declined at a compounded annual rate (CAGR) of 45% over five years.
The last known website on record is craftworks.in.
Company details
Contact details
CWX Craftworks Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is craftworks.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo 436 Adarsh Palm Retreat Outer Ring Road Bellandur, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of CWX Craftworks Solutions 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
Business activity
The main business activity of CWX Craftworks Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of CWX Craftworks Solutions Private Limited
FY 2024 filings availableCWX Craftworks Solutions Private Limited reported revenue of ₹17.02 Lakh (up 9098% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years. 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 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 | -₹77.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹77.83 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -457.4% | ||||
| Net Profit Margin | -457.4% | ||||
| 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 CWX Craftworks Solutions Private Limited, buy the company report.
Board of directors of CWX Craftworks Solutions Private Limited
CWX Craftworks Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shamik Das Sharma | Director | 16 Oct 2017 | 9 Years 0 Months | As last reported |
| Charu Varshney Also directs: Karmaki Technologies Private Limited | Director | 16 Oct 2017 | 9 Years 0 Months | As last reported |
Auditor
CWX Craftworks Solutions Private Limited is audited by MANISH DALMIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISH DALMIA & ASSOCIATES | FY 2021 | 016670S |
Shareholding
The shareholding of CWX Craftworks 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 CWX Craftworks Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving CWX Craftworks 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 CWX Craftworks Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
CWX Craftworks Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCC2431K1ZL | Karnataka | Active | 18 Dec 2017 |
To see the full GST registrations and return filing status of CWX Craftworks Solutions Private Limited, buy the company report.
Recent activity
CWX Craftworks Solutions Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Charu Varshney was appointed as Director on 16 Oct 2017.
Frequently asked questions
CWX Craftworks 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.
CWX Craftworks Solutions was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 16 October 2017 and is registered under CIN U74999KA2017PTC107233. The company has been struck off by the Registrar of Companies and is no longer operational.
CWX Craftworks Solutions had 2 directors:
- Shamik Das Sharma - Director
- Charu Varshney - Director
The CIN (Corporate Identification Number) of CWX Craftworks Solutions is U74999KA2017PTC107233. 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 CWX Craftworks Solutions is at No 436 Adarsh Palm Retreat Outer Ring Road Bellandur, Bangalore, Karnataka, India – 560103.
CWX Craftworks Solutions was incorporated on 16 October 2017. It is registered with the Registrar of Companies, Bangalore.
CWX Craftworks Solutions can be reached through the website craftworks.in. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of CWX Craftworks 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 2018 are in the company report.
The GSTIN of CWX Craftworks Solutions is 29AAHCC2431K1ZL, registered in Karnataka.
CWX Craftworks Solutions operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.

