
About Rising Wings Creative Private Limited
Data last updated:
Rising Wings Creative Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 15 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2016PTC094375. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dinesh Jagdishlal Khanna and Varun Dineshbhai Khanna.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2019, the company reported a revenue of ₹9.74 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹52,157 (net margin 5.4%) and EBITDA of ₹2.1 Lakh (EBITDA margin 21.5%).
The company is associated with 1 brand: Rising Wings Creative.
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 risingwings.in.
Company details
Contact details
Rising Wings Creative Private Limited's registered office is in Surat, Gujarat. Its website is risingwings.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOff No.214 Jeevandeep Complex B/S Rajhans Complex Nr. Khatodra Char Rasta Opp. J.K Tower, Ring Road, Surat, Gujarat, India – 395002
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Rising Wings Creative 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
Rising Wings Creative operates one associated brand: Rising Wings Creative. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers ERP, CRM, website design, mobile apps, and SEO for business management. | risingwings.in |
Business activity
The main business activity of Rising Wings Creative 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 Rising Wings Creative Private Limited, buy the company report.
Financials of Rising Wings Creative Private Limited
FY 2019 filings availableRising Wings Creative Private Limited reported revenue of ₹9.74 Lakh (down 36% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 36% in the latest year. EBITDA rose 74% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹9.74 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.1 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹52,157 | ||
| 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 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 21.5% | ||
| Net Profit Margin | 5.4% | ||
| 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 Rising Wings Creative Private Limited, buy the company report.
Board of directors of Rising Wings Creative Private Limited
Rising Wings Creative has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Jagdishlal Khanna | Director | 15 Nov 2016 | 9 Years 11 Months | Current |
| Varun Dineshbhai Khanna | Director | 15 Nov 2016 | 9 Years 11 Months | Current |
Auditor
Rising Wings Creative Private Limited is audited by RAKESH SHAH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH SHAH & CO | FY 2019 | 112909W |
Shareholding
The shareholding of Rising Wings Creative Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rising Wings Creative Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rising Wings Creative 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 Rising Wings Creative Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rising Wings Creative has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rising Wings Creative Private Limited, buy the company report.
Recent activity
Rising Wings Creative Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Dinesh Jagdishlal Khanna was appointed as Director on 15 Nov 2016.
Frequently asked questions
Rising Wings Creative is an active private limited company based in Surat, Gujarat, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 15 November 2016 (10+ years old) and is registered under CIN U74999GJ2016PTC094375.
Rising Wings Creative has 2 current directors:
- Dinesh Jagdishlal Khanna - Director
- Varun Dineshbhai Khanna - Director
The latest financial statements of Rising Wings Creative on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
No. Rising Wings Creative has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rising Wings Creative is U74999GJ2016PTC094375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rising Wings Creative was incorporated on 15 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dinesh Jagdishlal Khanna was appointed as Director on 15 Nov 2016. Varun Dineshbhai Khanna was appointed as Director on 15 Nov 2016.
Rising Wings Creative can be reached through the website risingwings.in. Its registered office is in Surat, Gujarat, India.
The registered office of Rising Wings Creative is at Off No.214 Jeevandeep Complex BS Rajhans Complex Nr. Khatodra Char Rasta Opp. J.K Tower, Ring Road, Surat, Gujarat, India – 395002.
Rising Wings Creative operates in the information technology industry, in the web design and maintenance services segment.