About Wardwizard Solutions India Private Limited
Data last updated:
Wardwizard Solutions India Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 14 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74900GJ2016PTC086439. Its GSTIN is 24AABCW7891F1Z2 (Gujarat). The company holds 13 GST registrations, of which 12 are active.
The company has an authorised share capital of ₹302.35 Cr and a paid-up capital of ₹269.49 Cr. It is led by directors Sanjay Mahadev Gupte and Yatin Sanjay Gupte.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shed No.C – 222 GIDC Makarpura Industrial Estate, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2024, the company reported a revenue of ₹184.62 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹59.93 Cr (net margin -32.5%) and EBITDA of -₹24.2 Cr (EBITDA margin -13.1%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 101% over five years.
The company has about 414 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Joy e-bike and Wardwizard. As per MCA filings, the company has open charges of ₹187.26 Cr and satisfied charges of ₹1 Cr on record. Court records list 5 cases involving the company, including 2 filed against it; 3 cases are pending. The company has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹267.49 Cr; the latest was in January 2024. Its 10 peer companies in the Automobiles industry (Auto and Components Dealers) are compared by revenue, 5 larger and 5 smaller; the largest is Pandit Automotive Private Limited with revenue of ₹185.71 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2024, listing 83 overdue payments to 36 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wardwizard.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShed No.C – 222 GIDC Makarpura Industrial Estate, Vadodara, Gujarat, India – 390010
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
- 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
- One PDF report, delivered after checkout
Business Activity of Wardwizard Solutions India Private Limited
The main business activities of Wardwizard Solutions India are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Wardwizard Solutions India Private Limited FY 2024 filings available
Wardwizard Solutions India Private Limited reported revenue of ₹184.62 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Wardwizard Solutions India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 101% over five years, including 5% growth in the latest year. EBITDA fell 59% 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 of Wardwizard Solutions India Private Limited
| 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 | -₹24.2 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹59.93 Cr | •••• | •••• | •••• | •••• |
| 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 of Wardwizard Solutions India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -32.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Wardwizard Solutions India are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Wardwizard Solutions India Private Limited
Wardwizard Solutions India Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pandit Automotive Private Limited | ₹185.71 Cr (FY 2017) | •••• | •••• | -61.0% | •••• | Pune, Maharashtra, India |
| R.D. Computech and Agencies Private Limited | ₹185.56 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Assam, India |
| Progressive Automobiles Private Limited | ₹185.34 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Agartala, Tripura, India |
| Marina Motors (India) Private Limited | ₹185.33 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Kozhikode, Kerala, India |
| SS Motogen Private Limited | ₹185.14 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Ranchi, Jharkhand, India |
| Wardwizard Solutions India Private Limited this company | ₹184.62 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Vadodara, Gujarat, India |
| Rudra Automart Private Limited | ₹184.1 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Asansol, West Bengal, India |
| Bia Ventures Private Limited | ₹183.84 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Bangalore, Karnataka, India |
| Counto Automobiles Private Limited | ₹183.78 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Goa, India |
| Unnati Vehicles Private Limited | ₹183.65 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Nagpur, Maharashtra, India |
| Nath Motors Private Limited | ₹183.18 Cr (FY 2017) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Wardwizard Solutions India by revenue in the Automobiles industry (Auto and Components Dealers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Wardwizard Solutions India Private Limited
Wardwizard Solutions India Private Limited is audited by VCA & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VCA & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Wardwizard Solutions India Private Limited
Wardwizard Solutions India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Mahadev Gupte Also directs: Wardwizard Foods and Beverages Limited, Wardwizard Innovations & Mobility Limited, Wardwizard Aviation Private Limited and 1 more | Director | 27 Nov 2018 | 7 Years 10 Months | Current |
| Yatin Sanjay Gupte | Director | 14 Mar 2016 | 10 Years 7 Months | Current |
Ownership and Shareholding of Wardwizard Solutions India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Wardwizard Solutions India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2025 | Idbi Bank Limited | ₹15 Cr | Open |
| 11 Sep 2024 | Others | ₹3 Cr | Open |
| 30 Aug 2024 | Others | ₹1.5 Cr | Open |
| 29 May 2024 | Others | ₹4.2 Cr | Open |
| 14 Dec 2023 | Hdfc Bank Limited | ₹100 Cr | Open |
Total charge records: 13 View all charges
Deals & Funding of Wardwizard Solutions India Private Limited
Wardwizard Solutions India Private Limited has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹267.49 Cr; the latest was in January 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Rights issue | ₹1.65 Cr | Investors: an individual |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: Indian Cooperative Credit Society Limited Seller: an individual |
| Nov 2019 | Rights issue | ₹24 Lakh | Investors: an individual |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Apr 2017 | Rights issue | ₹10 Lakh | Investors: 2 individuals |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Wardwizard Solutions India Private Limited
Wardwizard Solutions India Private Limited has 5 court cases on record: 2 filed against it, 3 where it is another party. 3 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Keonjhar, Odisha | Court case (Cs (iii)) | Company is another party | Pending |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Pending |
| High Court of Gujarat | Appeal | Company is another party | Pending |
| District court, Vadodara, Gujarat | Court case (CMA DC) | Company is another party | Disposed |
| District court, North, Delhi | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Wardwizard Solutions India Private Limited
Wardwizard Solutions India Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 83 overdue payments to 36 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 (5 of 36)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Publicity Parlour | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Wardwizard Solutions India Private Limited
Wardwizard Solutions India operates two associated brands: Joy e-bike and Wardwizard. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops innovative technologies for electric scooters. | joyebike.com | |
| Multiple categories of electric vehicles are developed and offered. | wardwizard.in |
Employees and EPFO Compliance at Wardwizard Solutions India Private Limited
Wardwizard Solutions India Private Limited has a workforce of 414 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Wardwizard Solutions India Private Limited
Wardwizard Solutions India Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Sanjay Mahadev Gupte was appointed as Director on 27 Nov 2018.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wardwizard Solutions India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Wardwizard Solutions India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Wardwizard Solutions India Private Limited
Wardwizard Solutions India has 13 GST registrations: 12 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCW7891F1Z2 | Gujarat | Active | 01 Jul 2017 |
| 27AABCW7891F1ZW | Maharashtra | Active | 01 Sep 2017 |
| 08AABCW7891F1ZW | Rajasthan | Active | 19 Sep 2020 |
| 23AABCW7891F1Z4 | Madhya Pradesh | Active | 23 Sep 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Wardwizard Solutions India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Wardwizard Solutions India Private Limited
Frequently Asked Questions about Wardwizard Solutions India Private Limited
Wardwizard Solutions India is an active private limited company based in Vadodara, Gujarat, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 14 March 2016 (10+ years old) and is registered under CIN U74900GJ2016PTC086439.
Wardwizard Solutions India reported revenue of ₹184.62 Cr for FY 2024 (up 5% YoY).
Wardwizard Solutions India has 2 current directors:
- Sanjay Mahadev Gupte - Director
- Yatin Sanjay Gupte - Director
Wardwizard Solutions India reported a net loss of ₹59.93 Cr (net margin -32.5%) and EBITDA of -₹24.2 Cr (EBITDA margin -13.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wardwizard Solutions India is 26% over three years and 101% over five years. In the latest year (FY 2024) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wardwizard Solutions India is 24AABCW7891F1Z2, registered in Gujarat. The company has 13 GST registrations in all, of which 12 are active and 1 is cancelled or inactive. Other active GSTINs include 27AABCW7891F1ZW (Maharashtra), 08AABCW7891F1ZW (Rajasthan), 23AABCW7891F1Z4 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Wardwizard Solutions India is U74900GJ2016PTC086439. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wardwizard Solutions India has 5 court cases on record: 2 filed against it. 3 are pending. Most are in the district courts.
Wardwizard Solutions India was incorporated on 14 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Wardwizard Solutions India has 7 deals on record (3 rights issues, 2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹267.49 Cr; the latest was in January 2024.
The peers of Wardwizard Solutions India by revenue are Pandit Automotive Private Limited, R.D. Computech and Agencies Private Limited, Progressive Automobiles Private Limited, Marina Motors (India) Private Limited, SS Motogen Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Sanjay Mahadev Gupte was appointed as Director on 27 Nov 2018. Shefali Yatin Gupte ceased to be Director on 07 Nov 2018. Yatin Sanjay Gupte was appointed as Director on 14 Mar 2016.