Way Beyond Infotech Private Limited
About Way Beyond Infotech Private Limited
Data last updated:
Way Beyond Infotech Private Limited was a private limited company based in Panchkula, Haryana, 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 data processing and IT services segment of the technology and IT services sector. It was incorporated on 12 October 2015.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72300HR2015PTC056943.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Harit Jain and Karan Jindal.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at House No. 137 Sector – 8, Panchkula, Haryana, India – 134109.
As per the financials filed for FY 2017, the company reported a revenue of ₹5.34 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.94 Lakh (net margin -73.8%) and EBITDA of -₹3.83 Lakh (EBITDA margin -71.7%).
Company details
Contact details
Way Beyond Infotech Private Limited's registered office is in Panchkula, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No. 137 Sector – 8, Panchkula, Haryana, India – 134109
- IndustryInformation Technology, Data Processing, Hosting and Related Activities
To see the full contact details of Way Beyond 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 Way Beyond Infotech is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
To see the full business activity and turnover split of Way Beyond Infotech Private Limited, buy the company report.
Financials of Way Beyond Infotech Private Limited
FY 2017 filings availableWay Beyond Infotech Private Limited reported revenue of ₹5.34 Lakh (up 187% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 187% in the latest year. EBITDA fell 316% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹5.34 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹3.83 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.94 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 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -71.7% | |
| Net Profit Margin | -73.8% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Way Beyond Infotech Private Limited, buy the company report.
Board of directors of Way Beyond Infotech Private Limited
Way Beyond Infotech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harit Jain | Director | 12 Oct 2015 | 11 Years 0 Months | As last reported |
| Karan Jindal Also directs: KS Apexcon LLP, K S Infracon Private Limited, K.S. Renewable Energy Private Limited and 1 more | Director | 12 Oct 2015 | 11 Years 0 Months | As last reported |
Peer comparison
Way Beyond Infotech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avidex Infotech Private Limited | ₹5.37 Lakh (FY 2020) | -41.0% | Chennai, Tamil Nadu, India | |||
| Rootlet Technologies Private Limited | ₹5.37 Lakh (FY 2018) | 590.0% | Asramom, Kerala, India | |||
| Ashovanit Solutions Private Limited | ₹5.36 Lakh (FY 2024) | Pune, Maharashtra, India | ||||
| Rollnumber Technologies Private Limited | ₹5.34 Lakh (FY 2024) | 523498.0% | Hyderabad, Telangana, India | |||
| Hugh Technolabs Private Limited | ₹5.34 Lakh (FY 2019) | -70.0% | Rawatsar, Rajasthan, India | |||
| Way Beyond Infotech Private Limitedthis company | ₹5.34 Lakh (FY 2017) | -₹3.94 Lakh | -73.8% | 187.0% | Panchkula, Haryana, India | |
| Austal India Private Limited | ₹5.33 Lakh (FY 2024) | 1855.0% | Bangalore, Karnataka, India | |||
| Mobi Neton Private Limited | ₹5.33 Lakh (FY 2024) | -95.0% | Roorkee, Uttarakhand, India | |||
| Konto Infosolutions Private Limited | ₹5.32 Lakh (FY 2020) | 25.0% | New Delhi, Delhi, India | |||
| Xpedient Technologies Private Limited | ₹5.32 Lakh (FY 2017) | -56.0% | New Delhi, Delhi, India | |||
| Premgranth Productions Private Limited | ₹5.3 Lakh (FY 2025) | -62.0% | Delhi, India |
To see the full peer comparison of Way Beyond Infotech Private Limited, buy the company report.
Auditor
Way Beyond Infotech Private Limited is audited by DEEPAK JINDAL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK JINDAL & CO. | FY 2017 | 023023N |
Shareholding
The shareholding of Way Beyond Infotech Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Way Beyond Infotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Way Beyond 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 Way Beyond Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Way Beyond Infotech Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Way Beyond Infotech Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Harit Jain was appointed as Director on 12 Oct 2015.
Frequently asked questions
Way Beyond 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.
Way Beyond Infotech was a private limited company based in Panchkula, Haryana, India. The company worked in data processing, within the information technology industry. It was incorporated on 12 October 2015 and is registered under CIN U72300HR2015PTC056943. The company has been struck off by the Registrar of Companies and is no longer operational.
Way Beyond Infotech had 2 directors:
- Harit Jain - Director
- Karan Jindal - Director
The CIN (Corporate Identification Number) of Way Beyond Infotech is U72300HR2015PTC056943. 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 Way Beyond Infotech is at House No. 137 Sector – 8, Panchkula, Haryana, India – 134109.
Way Beyond Infotech was incorporated on 12 October 2015. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Way Beyond Infotech on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from FY 2016 are in the company report.
Way Beyond Infotech operated in the information technology industry, in the data processing segment. It worked in this industry before it was struck off.
The peers of Way Beyond Infotech by revenue are Avidex Infotech Private Limited, Rootlet Technologies Private Limited, Ashovanit Solutions Private Limited, Rollnumber Technologies Private Limited, Hugh Technolabs Private Limited and 5 more, all in the same principal business activity (data processing, hosting and related activities; web portal).
Harit Jain was appointed as Director on 12 Oct 2015. Karan Jindal was appointed as Director on 12 Oct 2015.
Way Beyond Infotech can be reached at its registered office: House No. 137 Sector – 8, Panchkula, Haryana, India – 134109.