About Nano Wicore Labs Private Limited
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Nano Wicore Labs Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 May 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U64203TG2003PTC040954. Its GSTIN is 36AABCN8001E1ZW (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹51 Lakh. It is led by directors Madasu Bobby Venkata Sai Vara Prasad (Managing Director) and Kanakadurga Devi Jetty.
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 Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹15.88 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹44,718 (net margin 0%) and EBITDA of ₹35.84 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 3% over five years.
The company is associated with 1 brand: WiCore. As per MCA filings, the company has open charges of ₹2.95 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website wicore.com.
Company details
CIN history
Nano Wicore Labs has one previous CIN (Corporate Identification Number): U64203AP2003PTC040954. The current CIN is U64203TG2003PTC040954, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64203TG2003PTC040954 | Current |
| U64203AP2003PTC040954 | Previous |
Contact details
Nano Wicore Labs Private Limited's registered office is in Hyderabad, Telangana. Its website is wicore.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH.No.1 – 10 – 74/C Old Sy.No.44 G – 01 Galada Towers Ville Bapuji Estate, Begump, Hyderabad, Telangana, India – 500016
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Nano Wicore Labs 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
Nano Wicore Labs operates one associated brand: WiCore. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers content management, billing, SMS, and games for digital monetization platforms. | wicore.com |
Business activity
The main business activity of Nano Wicore Labs is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Nano Wicore Labs Private Limited, buy the company report.
Financials of Nano Wicore Labs Private Limited
FY 2023 filings availableNano Wicore Labs Private Limited reported revenue of ₹15.88 Cr (down 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 5% 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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| Total Revenue | ₹15.88 Cr | ||||
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| EBITDA | ₹35.84 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹44,718 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nano Wicore Labs Private Limited, buy the company report.
Board of directors of Nano Wicore Labs Private Limited
Nano Wicore Labs has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madasu Bobby Venkata Sai Vara Prasad | Managing Director | 08 May 2003 | 23 Years 6 Months | Current |
| Kanakadurga Devi Jetty | Director | 14 Jul 2005 | 21 Years 3 Months | Current |
Peer comparison
Nano Wicore Labs Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Diligent Tech India Private Limited | ₹15.92 Cr (FY 2025) | -25.0% | Pune, Maharashtra, India | |||
| Nano Wicore Labs Private Limitedthis company | ₹15.88 Cr (FY 2023) | ₹44,718 | 0% | -3.0% | Hyderabad, Telangana, India | |
| Octaware Technologies Limited | ₹15.88 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Butterfly Innovations Private Limited | ₹15.84 Cr (FY 2025) | 35.0% | Gurgaon, Haryana, India | |||
| Heuristics Informatics Private Limited | ₹15.82 Cr (FY 2025) | 28.0% | New Delhi, Delhi, India |
To see the full peer comparison of Nano Wicore Labs Private Limited, buy the company report.
Auditor
Nano Wicore Labs Private Limited is audited by K.NAGARAJU & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.NAGARAJU & CO | FY 2023 | 002272S |
Shareholding
The shareholding of Nano Wicore Labs 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 Nano Wicore Labs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2017 | 100110375 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 27 Dec 2016 | 100109910 | Others | ₹1.95 Cr | Open |
To see the full charge records of Nano Wicore Labs Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Nano Wicore Labs Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nano Wicore Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nano Wicore Labs has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCN8001E1ZW | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nano Wicore Labs Private Limited, buy the company report.
Recent activity
Nano Wicore Labs Private Limited has 6 board changes on record since 2003: 2 appointments and 4 cessations. The latest: Bhupati Adinarayana ceased to be Director on 07 May 2018.
Frequently asked questions
Nano Wicore Labs is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 08 May 2003 (23+ years old) and is registered under CIN U64203TG2003PTC040954.
Nano Wicore Labs has 2 current directors:
- Madasu Bobby Venkata Sai Vara Prasad - Managing Director
- Kanakadurga Devi Jetty - Director
The latest financial statements of Nano Wicore Labs 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 2015 are in the company report.
The GSTIN of Nano Wicore Labs is 36AABCN8001E1ZW, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nano Wicore Labs is U64203TG2003PTC040954. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nano Wicore Labs was incorporated on 08 May 2003, making it 23+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Nano Wicore Labs by revenue are Diligent Tech India Private Limited, Octaware Technologies Limited, Butterfly Innovations Private Limited, Heuristics Informatics Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Bhupati Adinarayana ceased to be Director on 07 May 2018. Ratna Bhanu Yerubandi ceased to be Additional Director on 29 Sep 2017. Madasu Bobby Venkata Sai Vara Prasad ceased to be Director on 01 Apr 2014. Nano Wicore Labs has 6 board changes on record in total.
Nano Wicore Labs can be reached through the website wicore.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Nano Wicore Labs is at H.No.1 – 10 – 74C Old Sy.No.44 G – 01 Galada Towers Ville Bapuji Estate, Begump, Hyderabad, Telangana, India – 500016.
Nano Wicore Labs operates in the information technology industry, in the application development and software solutions segment.
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