Watsar Infotech Private Limited
About Watsar Infotech Private Limited
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Watsar Infotech Private Limited was a private limited company based in Patan, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 March 2013.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2013PTC073934. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Mayur Jashubhai Patel and Mehul Jashubhai Patel.
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 was at Shop No. 18/19 Rajanish Park Near Gungdi Shakmarket Village: Patan, Gujarat, India – 384265.
As per the financials filed for FY 2019, the company reported a revenue of ₹30,172, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹1.54 Lakh and EBITDA of ₹25,481 (EBITDA margin 84.5%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years.
Company details
Contact details
Watsar Infotech Private Limited's registered office is in Patan, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 18/19 Rajanish Park Near Gungdi Shakmarket Village: Patan, Gujarat, India – 384265
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Watsar Infotech 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 Watsar Infotech is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Watsar Infotech Private Limited, buy the company report.
Financials of Watsar Infotech Private Limited
FY 2019 filings availableWatsar Infotech Private Limited reported revenue of ₹30,172 (down 98% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over three years, including a 98% fall in the latest year. EBITDA fell 79% 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
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| EBITDA | ₹25,481 | ||||
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| Net Profit (PAT) | -₹1.54 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 84.5% | ||||
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To see the full financial statements and ratios of Watsar Infotech Private Limited, buy the company report.
Board of directors of Watsar Infotech Private Limited
Watsar Infotech has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayur Jashubhai Patel | Director | 12 Mar 2013 | 13 Years 7 Months | As last reported |
| Mehul Jashubhai Patel | Director | 12 Mar 2013 | 13 Years 7 Months | As last reported |
| Jasubhai Hirabhai Patel | Director | 12 Mar 2013 | 13 Years 7 Months | As last reported |
| Pravinbhai Hirabhai Patel | Director | 12 Mar 2013 | 13 Years 7 Months | As last reported |
Auditor
Watsar Infotech Private Limited is audited by TEJAS R PATEL & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TEJAS R PATEL & CO | FY 2018 | 134337W |
Shareholding
The shareholding of Watsar Infotech Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Watsar Infotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Watsar Infotech 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 Watsar Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Watsar Infotech 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 Watsar Infotech Private Limited, buy the company report.
Recent activity
Watsar Infotech Private Limited has 4 board changes on record since 2013: 4 appointments. The latest: Jasubhai Hirabhai Patel was appointed as Director on 12 Mar 2013.
Frequently asked questions
Watsar Infotech has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Watsar Infotech was a private limited company based in Patan, Gujarat, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 12 March 2013 and is registered under CIN U72200GJ2013PTC073934. The company has been struck off by the Registrar of Companies and is no longer operational.
Watsar Infotech had 4 directors:
- Mayur Jashubhai Patel - Director
- Mehul Jashubhai Patel - Director
- Jasubhai Hirabhai Patel - Director
- Pravinbhai Hirabhai Patel - Director
The CIN (Corporate Identification Number) of Watsar Infotech is U72200GJ2013PTC073934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Watsar Infotech is at Shop No. 1819 Rajanish Park Near Gungdi Shakmarket Village: Patan, Gujarat, India – 384265.
Watsar Infotech was incorporated on 12 March 2013. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Watsar Infotech 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 2015 are in the company report.
No. Watsar Infotech has 1 GST registration on record and it is cancelled or inactive.
Watsar Infotech operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
Jasubhai Hirabhai Patel was appointed as Director on 12 Mar 2013. Mayur Jashubhai Patel was appointed as Director on 12 Mar 2013. Mehul Jashubhai Patel was appointed as Director on 12 Mar 2013. Watsar Infotech has 4 board changes on record in total.
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