About Wardwiz India Solutions Private Limited
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Wardwiz India Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 27 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2015PTC154519. Its GSTIN is 27AABCW6550B1ZI (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sushil Balkrishna Dhanawade and Prakash Nagesh Dhaware.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2019. The registered office is at S. No.130 Crossroads Bld Office No. 213 Bhumkar Chowk Wakad, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2019, the company reported a revenue of ₹37.8 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹12.58 Cr (net margin -33.3%) and EBITDA of -₹12.08 Cr (EBITDA margin -32%).
The company has about 60 employees on its provident fund (EPFO) records.
Court records list 37 cases involving the company, including 1 filed by the company and 36 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wardwiz.in.
Company details
Contact details
Wardwiz India Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is wardwiz.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressS. No.130 Crossroads Bld Office No. 213 Bhumkar Chowk Wakad, Pune, Maharashtra, India – 411057
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Wardwiz India 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 Wardwiz India Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Wardwiz India Solutions Private Limited, buy the company report.
Financials of Wardwiz India Solutions Private Limited
FY 2019 filings availableWardwiz India Solutions Private Limited reported revenue of ₹37.8 Cr (up 425% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 425% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹37.8 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹12.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.58 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -32% | ||||
| Net Profit Margin | -33.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Wardwiz India Solutions Private Limited, buy the company report.
Board of directors of Wardwiz India Solutions Private Limited
Wardwiz India Solutions has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Nagesh Dhaware Also directs: Pmart Retails Private Limited, Sarvamangalam Urban Nidhi Limited | Additional Director | 01 Nov 2021 | 5 Years 0 Months | Current |
| Kadam Mohanrao Mahendra | Additional Director | 16 Jan 2023 | 3 Years 9 Months | Current |
| Sushil Balkrishna Dhanawade | Director | 28 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Wardwiz India Solutions Private Limited is audited by BTN & CO. for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BTN & CO. | FY 2019 | 151953W |
Shareholding
The shareholding of Wardwiz India Solutions Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Wardwiz India Solutions Private Limited, buy the company report.
Legal cases
Wardwiz India Solutions Private Limited has 37 court cases on record: 1 filed by Wardwiz India Solutions, 36 filed against it. 12 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 26 | 12 |
| High courts | 4 | 4 | 0 |
| NCLT | 3 | 3 | 0 |
| NCLAT | 3 | 3 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by DC Infotech and Communication Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Grantrail Wholesale Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Probability Sports India Pvt. Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by M/S. Macro Trading LLP | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Quess Corp Limited and 1 other | Disposed |
To see the full case history of Wardwiz India 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 Wardwiz India Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wardwiz India Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCW6550B1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wardwiz India Solutions Private Limited, buy the company report.
Recent activity
Wardwiz India Solutions Private Limited has 8 board changes on record since 2017: 3 appointments and 5 cessations. The latest: Sushil Balkrishna Dhanawade was appointed as Director on 28 Apr 2023.
Frequently asked questions
Wardwiz India Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 27 March 2015 (11+ years old) and is registered under CIN U74900PN2015PTC154519.
Wardwiz India Solutions has 3 current directors:
- Prakash Nagesh Dhaware - Additional Director
- Kadam Mohanrao Mahendra - Additional Director
- Sushil Balkrishna Dhanawade - Director
The latest financial statements of Wardwiz India Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Wardwiz India Solutions is 27AABCW6550B1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Wardwiz India Solutions is U74900PN2015PTC154519. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wardwiz India Solutions has 37 court cases on record: 1 filed by the company and 36 filed against it. 12 are pending. Most are in the district courts.
Wardwiz India Solutions was incorporated on 27 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Sushil Balkrishna Dhanawade was appointed as Director on 28 Apr 2023. Sudheer Ramchandra Chamle ceased to be Additional Director on 18 Jan 2023. Kadam Mohanrao Mahendra was appointed as Additional Director on 16 Jan 2023. Wardwiz India Solutions has 8 board changes on record in total.
Wardwiz India Solutions can be reached through the website wardwiz.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Wardwiz India Solutions is at S. No.130 Crossroads Bld Office No. 213 Bhumkar Chowk Wakad, Pune, Maharashtra, India – 411057.
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