MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0022674
Wishtel Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹50.14 Cr
▼ 1% YoY
Net profit · FY 2024
₹15.13 Lakh
Net margin 0.3%
EBITDA · FY 2024
₹39.8 Lakh
EBITDA margin 0.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10.29 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Directors on board
3
As per MCA filings
About Wishtel Private Limited
Data last updated:
Wishtel Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 09 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2012PTC230813. Its GSTIN is 27AABCW2627D1ZK (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Milind Ashok Shah and Bansri Milind Shah.
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 4 Champaklal Udyog Bhavan Sion, Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.14 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹15.13 Lakh (net margin 0.3%) and EBITDA of ₹39.8 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 29% over five years.
The company is associated with 2 brands: Wish Tel and IRA. As per MCA filings, the company has open charges of ₹10.29 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 1 case is pending.
Wishtel Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0022674). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wishtel.com.
Company details
CIN U72300MH2012PTC230813
Registration Number 230813
Incorporation Date 09 May 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0022674
Recognitions & Rankings of Wishtel
Contact details
Wishtel Private Limited's registered office is in Mumbai, Maharashtra. Its website is wishtel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4 Champaklal Udyog Bhavan Sion, Mumbai, Maharashtra, India – 400022
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Wishtel Private Limited, buy the company report.
Comprehensive company report
Wishtel Private Limited - one report that includes everything
- 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
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Brands
Wishtel operates two associated brands: Wish Tel and IRA. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and trader of tablets, POS systems, biometric devices, and tech products. | wishtel.co.in | |
| Tablet devices are branded and distributed by IRA in India. | wishtel.com |
Business activity
The main business activity of Wishtel is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Wishtel Private Limited, buy the company report.
Financials of Wishtel Private Limited
FY 2025 filings availableWishtel Private Limited reported revenue of ₹50.14 Cr (down 1% YoY) for FY 2024.
Revenue · FY 2024
₹50.14 Cr ▼ 1%
Net profit · FY 2024
₹15.13 Lakh margin 0.3%
EBITDA · FY 2024
₹39.8 Lakh margin 0.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 19%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 55%
5 years · compounded
▼ 11%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 92% 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 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 | ₹39.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.13 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 | 0.8% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 Wishtel Private Limited, buy the company report.
Board of directors of Wishtel Private Limited
Wishtel has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Ashok Shah Also directs: Armtex Rubber Private Limited, Fitech Equipments(India)Pvt Ltd, Newage Fire Protection Industries Private Limited and 5 more | Director | 09 May 2012 | 14 Years 5 Months | Current |
| Bansri Milind Shah | Director | 09 May 2012 | 14 Years 5 Months | Current |
| Ashok Jayantilal Shah | Director | 01 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Wishtel Private Limited is audited by K P SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P SHAH & CO | FY 2023 | 033501 |
Shareholding
The shareholding of Wishtel Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Wishtel Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.29 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2022 | 100554863 | Others | ₹6 Cr | Open | |
| 21 Oct 2021 | 100510895 | Others | ₹2 Cr | Open | |
| 19 Aug 2020 | 100372930 | Axis Bank Limited | ₹29 Lakh | Open | |
| 22 Mar 2016 | 100035938 | Axis Bank Limited | ₹2 Cr | Open |
To see the full charge records of Wishtel Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Wishtel Private Limited has 8 court cases on record: 4 filed by Wishtel, 4 filed against it. 1 case is pending and 7 are disposed.
Total cases
8
Filed by the company
4
Filed against the company
4
Pending
1
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary cases) | Filed by the company against Excelinstyn Private Limited | Pending |
| District court, New Delhi, Delhi | Execution petition | Filed against the company by RV Solutions Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Execution petition | Filed against the company by RV Solutions Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by RV Solutions Pvt Ltd | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Skytel Networks Ltd and Others | Disposed |
To see the full case history of Wishtel 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
Wishtel Private Limited has 3 MSME Form 1 returns on record between 2018 and 2021, listing 14 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Wishtel Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Wishtel has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCW2627D1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wishtel Private Limited, buy the company report.
Recent activity
Wishtel Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Ashok Jayantilal Shah ceased to be Additional Director on 29 Sep 2023.
Charges
A charge with Others of Rs. 600.00 Lakh registered on 27 Jan 2022 with Charge ID 100554863 was modified on 31 Oct 2025.
AGM
Wishtel Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Wishtel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Ashok Jayantilal Shah ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100554863 was registered on 27 Jan 2022.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100510895 was registered on 21 Oct 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 29.00 Lakh with Charge ID 100372930 was registered on 19 Aug 2020.
Charges
A charge with Axis Bank Limited of Rs. 200.00 Lakh registered on 22 Mar 2016 with Charge ID 100035938 was modified on 30 Aug 2018.
Appointed
Ashok Jayantilal Shah was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100035938 was registered on 22 Mar 2016.
Appointed
Bansri Milind Shah was appointed as Director.
Appointed
Milind Ashok Shah was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Wishtel is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 09 May 2012 (14+ years old) and is registered under CIN U72300MH2012PTC230813.
Wishtel has 3 current directors:
- Milind Ashok Shah - Director
- Bansri Milind Shah - Director
- Ashok Jayantilal Shah - Director
The latest financial statements of Wishtel 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.
The GSTIN of Wishtel is 27AABCW2627D1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Wishtel is U72300MH2012PTC230813. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wishtel has 8 court cases on record: 4 filed by the company and 4 filed against it. 1 is pending.
Wishtel was incorporated on 09 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Jayantilal Shah ceased to be Additional Director on 29 Sep 2023. Ashok Jayantilal Shah was appointed as Director on 01 Aug 2016. Bansri Milind Shah was appointed as Director on 09 May 2012. Wishtel has 4 board changes on record in total.
Yes, Wishtel is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0022674).
Wishtel has 3 MSME Form 1 returns on record between 2018 and 2021, listing 14 overdue payments to 2 micro and small suppliers. The latest return was filed on 03 Oct 2021.
Wishtel can be reached through the website wishtel.com. Its registered office is in Mumbai, Maharashtra, India.