About Datawind Innovations Private Limited
Data last updated:
Datawind Innovations Private Limited is a private limited company based in Amritsar, Punjab, India, a subsidiary of Datawind Uk Plc. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 05 February 2009.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2009PTC032583. Its GSTIN is 06AABCU0603K1ZN (Haryana). The company holds 10 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹81 Lakh. It was formerly known as Unique Mobinet Surfers Private Limited. It is led by directors Suneet Singh Tuli and Tejinder Singh.
Its last annual general meeting (AGM) was held on 15 November 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 94 City Center Opposite Guru Nanak Bhawan, Amritsar, Punjab, India – 143001.
As per the financials filed for FY 2016, the company reported a revenue of ₹287.28 Cr, a growth of 110% compared to the previous year. For the same year it recorded a net profit of ₹23.16 Lakh (net margin 0.1%) and EBITDA of ₹1.01 Cr (EBITDA margin 0.4%).
The company has about 34 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Datawind. As per MCA filings, the company has open charges of ₹91.92 Cr on record. Court records list 60 cases involving the company, including 28 filed by the company and 33 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹80 Lakh; the latest was in March 2015.
The last known website on record is datawind.com.
Company details
Contact details
Datawind Innovations Private Limited's registered office is in Amritsar, Punjab. Its website is datawind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address94 City Center Opposite Guru Nanak Bhawan, Amritsar, Punjab, India – 143001
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Datawind Innovations 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
Datawind Innovations operates one associated brand: Datawind. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Full-service commercial concrete construction is provided across project phases. | datawind.com |
Business activity
The main business activity of Datawind Innovations is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Datawind Innovations Private Limited, buy the company report.
Financials of Datawind Innovations Private Limited
FY 2016 filings availableDatawind Innovations Private Limited reported revenue of ₹287.28 Cr (up 110% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 110% in the latest year. EBITDA rose 125% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹287.28 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.01 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹23.16 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.4% | |
| Net Profit Margin | 0.1% | |
| 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 Datawind Innovations Private Limited, buy the company report.
Board of directors of Datawind Innovations Private Limited
Datawind Innovations has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suneet Singh Tuli | Director | 16 Dec 2011 | 14 Years 10 Months | As last reported |
| Tejinder Singh | Additional Director | 25 Mar 2017 | 9 Years 6 Months | As last reported |
Auditor
Datawind Innovations Private Limited is audited by S. N. DHAWAN & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. N. DHAWAN & Co. | FY 2016 | 000050N/N5 |
Shareholding
The shareholding of Datawind Innovations Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Datawind Innovations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2018 | 100241231 | Others | ₹91.42 Cr | Open | |
| 27 Apr 2012 | 10355242 | Bank of Baroda | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Deals & funding
Datawind Innovations Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹80 Lakh; the latest was in March 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Datawind UK PLC Seller: 2 individuals |
| Feb 2012 | Secondary share transfer | Undisclosed | Buyer: Datawind UK PLC Seller: 2 individuals |
| Feb 2012 | Funding round | ₹80 Lakh | Investors: Datawind UK PLC |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Datawind Innovations Private Limited has 60 court cases on record: 28 filed by Datawind Innovations, 33 filed against it. 2 cases are pending and 58 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 26 | 2 |
| High courts | 16 | 4 | 0 |
| Supreme Court | 3 | 2 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 60)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by M/S Dimerco Express India Private Limited | Disposed |
| District court, South East, Delhi | Execution petition | Filed against the company by Ecom Express Limited | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Ecom Express Limited | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by M/S Hanaro Logistics Private Limited | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Simran Kaur Shareholder of M/S Datawind Innovations Private Limited 195, Ajit Nagar, ,Amritsar , Punjab | Disposed |
To see the full case history of Datawind Innovations 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 Datawind Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Datawind Innovations Private Limited has a workforce of 34 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Datawind Innovations has 10 GST registrations: 2 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCU0603K1ZN | Haryana | Active | 01 Jul 2017 |
| 36AABCU0603K2ZJ | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Datawind Innovations Private Limited, buy the company report.
Recent activity
Datawind Innovations Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Ibadat Singh ceased to be Additional Director on 31 Mar 2017.
Frequently asked questions
Datawind Innovations is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Datawind Innovations is a company under insolvency, formerly operating as a private limited company based in Amritsar, Punjab, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 05 February 2009 and is registered under CIN U72900PB2009PTC032583. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Datawind Innovations has 2 current directors:
- Suneet Singh Tuli - Director
- Tejinder Singh - Additional Director
The latest financial statements of Datawind Innovations on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 15 November 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Datawind Innovations is U72900PB2009PTC032583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Datawind Innovations has open charges of ₹91.92 Cr and no satisfied charges on record as per latest MCA filings.
Datawind Innovations has 60 court cases on record: 28 filed by the company and 33 filed against it. 2 are pending. Most are in the district courts.
Datawind Innovations was incorporated on 05 February 2009. It is registered with the Registrar of Companies, Chandigarh.
Datawind Innovations has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹80 Lakh; the latest was in March 2015.
Ibadat Singh ceased to be Additional Director on 31 Mar 2017. Tejinder Singh was appointed as Additional Director on 25 Mar 2017. Simran Kaur Bhatia ceased to be Director on 24 Feb 2014. Datawind Innovations has 5 board changes on record in total.