About Dwise Solutions and Services Private Limited
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Dwise Solutions and Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 09 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31409KA2007PTC042748. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20.67 Lakh. It is led by directors Reena Koipuram Rasheed and Rasheed Vellooparam Riyad.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 588 Hmt Layout Vidyaranyapura Main Road Vidyaranyapura, Bangalore, Karnataka, India – 560097.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.03 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹10.53 Lakh and EBITDA of -₹12.32 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 56% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Quickerwork and DwiseSolutions. As per MCA filings, the company has open charges of ₹20 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dwisesolutions.in.
Company details
Contact details
Dwise Solutions and Services Private Limited's registered office is in Bangalore, Karnataka. Its website is dwisesolutions.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address588 Hmt Layout Vidyaranyapura Main Road Vidyaranyapura, Bangalore, Karnataka, India – 560097
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Dwise Solutions and 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
Brands
Dwise Solutions and Services operates two associated brands: Quickerwork and DwiseSolutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A cloud-based platform for HRMS suite and human resources management. | quickerwork.com | |
| Provides comprehensive business process management solutions. | dwisesolutions.com |
Financials of Dwise Solutions and Services Private Limited
FY 2025 filings availableDwise Solutions and Services Private Limited reported revenue of ₹2.03 Lakh (down 88% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 88% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.03 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹12.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.53 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of Dwise Solutions and Services Private Limited, buy the company report.
Board of directors of Dwise Solutions and Services Private Limited
Dwise Solutions and Services has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reena Koipuram Rasheed Also directs: Xcelaudit Technologies LLP, Mobil80 Solutions and Services Private Limited, Wrktop Technologies Private Limited and 1 more | Director | 18 Nov 2019 | 6 Years 11 Months | Current |
| Rasheed Vellooparam Riyad Also directs: Xcelaudit Technologies LLP, Mobil80 Solutions and Services Private Limited, Wrktop Technologies Private Limited and 1 more | Director | 11 Sep 2008 | 18 Years 2 Months | Current |
Auditor
Dwise Solutions and Services Private Limited is audited by SATISH & RAVI ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATISH & RAVI ASSOCIATES | FY 2019 | 007214S |
Shareholding
The shareholding of Dwise Solutions and Services Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Dwise Solutions and Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2012 | 10374010 | Hdfc Bank Limited | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Dwise Solutions and Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by Razor Insights LLC and Anr | Disposed |
To see the full case history of Dwise Solutions and Services 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 Dwise Solutions and Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Dwise Solutions and Services Private Limited has a workforce of 6 employees on its EPFO records as of Mar 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 6 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Dwise Solutions and Services Private Limited, buy the company report.
GST
Dwise Solutions and Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Dwise Solutions and Services Private Limited, buy the company report.
Recent activity
Dwise Solutions and Services Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Reena Koipuram Rasheed ceased to be Additional Director on 30 Sep 2020.
Frequently asked questions
Dwise Solutions and Services is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 09 May 2007 (19+ years old) and is registered under CIN U31409KA2007PTC042748.
Dwise Solutions and Services has 2 current directors:
- Reena Koipuram Rasheed - Director
- Rasheed Vellooparam Riyad - Director
The latest financial statements of Dwise Solutions and Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Dwise Solutions and Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Dwise Solutions and Services is U31409KA2007PTC042748. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dwise Solutions and Services has 1 court case on record: 1 filed against it.
Dwise Solutions and Services was incorporated on 09 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Reena Koipuram Rasheed ceased to be Additional Director on 30 Sep 2020. Reena Koipuram Rasheed was appointed as Director on 18 Nov 2019. Philipose Chacko Panicker ceased to be Director on 17 Mar 2017. Dwise Solutions and Services has 8 board changes on record in total.
Dwise Solutions and Services can be reached through the website dwisesolutions.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Dwise Solutions and Services is at 588 Hmt Layout Vidyaranyapura Main Road Vidyaranyapura, Bangalore, Karnataka, India – 560097.
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