
About Ewire Softtech Private Limited
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Ewire Softtech Private Limited is a private limited company based in Ernakulam, Kerala, India, a subsidiary of Impel Traders India Private Limited and recognised as a startup by DPIIT. It operates in the digital payment solutions segment of the financial services sector. It was incorporated on 19 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2018PTC052979. Its GSTIN is 32AAFCE0219H1Z7 (Kerala).
The company has an authorised share capital of ₹22 Lakh and a paid-up capital of ₹21 Lakh. It is led by directors including Udayabhanu Damodaran (Managing Director) and Sujatha Udayabhanu (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 64/3834 Ujjaini Vyloppilly Lane Azad Road Kaloor, Ernakulam, Kerala, India – 682017.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.93 Cr, a growth of 114% compared to the previous year. For the same year it recorded a net profit of ₹36.61 Lakh (net margin 5.3%) and EBITDA of ₹84.3 Lakh (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 167% over three years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ewire. As per MCA filings, the company has open charges of ₹48 Lakh on record. Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it; 6 cases are pending.
Ewire Softtech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0020326). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ewiresofttech.com.
Company details
Recognitions & Rankings of Ewire Softtech
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-02-0020326
Contact details
Ewire Softtech Private Limited's registered office is in Ernakulam, Kerala. Its website is ewiresofttech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address64/3834 Ujjaini Vyloppilly Lane Azad Road Kaloor, Ernakulam, Kerala, India – 682017
- IndustryFinancial Services, Digital Payment Solutions
To see the full contact details of Ewire Softtech 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
Ewire Softtech operates one associated brand: Ewire. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile wallet app for recharges, transfers, and payments is provided. | ewiresofttech.com |
Business activity
The main business activity of Ewire Softtech 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 Ewire Softtech Private Limited, buy the company report.
Financials of Ewire Softtech Private Limited
FY 2023 filings availableEwire Softtech Private Limited reported revenue of ₹6.93 Cr (up 114% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 167% over three years, including 114% growth in the latest year. EBITDA rose 12% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹84.3 Lakh | ||||
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| Net Profit (PAT) | ₹36.61 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Ewire Softtech Private Limited, buy the company report.
Board of directors of Ewire Softtech Private Limited
Ewire Softtech has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sajeev Pushpamangalam | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
| Udayabhanu Damodaran | Managing Director | 19 Apr 2018 | 8 Years 6 Months | Current |
| Sujatha Udayabhanu Also directs: Impel Traders India Private Limited, Pomona IT Services Private Limited, Biggro Enterprises Private Limited and 1 more | Whole-Time Director | 19 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Ewire Softtech Private Limited is audited by VIJAYARAJAN AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAYARAJAN AND ASSOCIATES | FY 2022 | 006272S |
Shareholding
The shareholding of Ewire Softtech Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ewire Softtech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 May 2023 | 100711093 | Others | ₹48 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Ewire Softtech Private Limited has 14 court cases on record: 6 filed by Ewire Softtech, 8 filed against it. 6 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 3 | 2 |
| District courts | 5 | 5 | 4 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against Kerala Financial Corporation | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed against the company by Amv Tel Pvt. Ltd. | Disposed |
| District court, Ernakulam, Kerala | Court case (OP(MV)) | Filed against the company by an individual | Pending |
| District court, Kollam, Kerala | Civil suit | Filed against the company by The Mayyanad Regional Co-Operative Bank Ltd. | Pending |
| District court, Kottayam, Kerala | Court case (MA(Arb)) | Filed against the company by Kaduthuruthi Regional Service Co-Op Bank Ltd | Pending |
To see the full case history of Ewire Softtech 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.
Credit ratings & regulatory alerts
Ewire Softtech Private Limited was last rated by Crisil on 22 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Oct 2021 |
To see the full credit ratings and regulatory alerts of Ewire Softtech Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ewire Softtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ewire Softtech Private Limited has a workforce of 13 employees on its EPFO records as of Mar 20, 2024, across 1 active EPFO establishment.
GST
Ewire Softtech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAFCE0219H1Z7 | Kerala | Active | 13 Sep 2018 |
To see the full GST registrations and return filing status of Ewire Softtech Private Limited, buy the company report.
Recent activity
Ewire Softtech Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Nidhi Sujatha Udaya Bhanu ceased to be Director on 19 Jan 2024.
Frequently asked questions
Ewire Softtech is an active private limited company based in Ernakulam, Kerala, India. The company works in digital payment solutions, within the financial services industry. It was incorporated on 19 April 2018 (8+ years old) and is registered under CIN U72900KL2018PTC052979.
Ewire Softtech has 3 current directors:
- Udayabhanu Damodaran - Managing Director
- Sujatha Udayabhanu - Whole-Time Director
- Sajeev Pushpamangalam - Director
The latest financial statements of Ewire Softtech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Ewire Softtech is 32AAFCE0219H1Z7, registered in Kerala.
The CIN (Corporate Identification Number) of Ewire Softtech is U72900KL2018PTC052979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ewire Softtech has 14 court cases on record: 6 filed by the company and 8 filed against it. 6 are pending. Most are in the high courts.
Ewire Softtech was incorporated on 19 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ernakulam.
Nidhi Sujatha Udaya Bhanu ceased to be Director on 19 Jan 2024. Sajeev Pushpamangalam was appointed as Director on 30 Sep 2023. Purthen Yunus Purayil Muhammed ceased to be Whole-Time Director on 12 Jul 2022. Ewire Softtech has 5 board changes on record in total.
Yes, Ewire Softtech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ewire Softtech is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0020326).