Whiz Enterprise Private Limited
About Whiz Enterprise Private Limited
Data last updated:
Whiz Enterprise Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 06 February 2004.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2004PTC144418. Its GSTIN is 27AAACW5132A1ZT (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pooja Ashok Rajani and Narendra Ashok Rajani.
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 B – 10 Gopi Chamberlink Road Opp Citimall Andheri (W), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2019, the company reported a revenue of ₹11.83 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹66.65 Lakh (net margin 5.6%) and EBITDA of ₹10.68 Cr (EBITDA margin 90.2%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
As per MCA filings, the company has open charges of ₹50.35 Cr and satisfied charges of ₹20 Cr on record. Court records list 43 cases involving the company, including 24 filed by the company and 19 filed against it; 9 cases are pending.
Company details
Contact details
Whiz Enterprise Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressB – 10 Gopi Chamberlink Road Opp Citimall Andheri (W), Mumbai, Maharashtra, India – 400053
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Whiz Enterprise 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 Whiz Enterprise is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Whiz Enterprise Private Limited, buy the company report.
Financials of Whiz Enterprise Private Limited
FY 2019 filings availableWhiz Enterprise Private Limited reported revenue of ₹11.83 Cr (down 6% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 4% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.83 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹10.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹66.65 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.2% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Whiz Enterprise Private Limited, buy the company report.
Board of directors of Whiz Enterprise Private Limited
Whiz Enterprise has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pooja Ashok Rajani Also directs: Aneeka Universal Private Limited | Director | 06 Feb 2004 | 22 Years 8 Months | As last reported |
| Narendra Ashok Rajani | Director | 06 Feb 2004 | 22 Years 8 Months | As last reported |
| Amrit Rajani Ashok Also directs: Aneeka Universal Private Limited | Director | 06 Feb 2004 | 22 Years 8 Months | As last reported |
Auditor
Whiz Enterprise Private Limited is audited by N P RAJPUT & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N P RAJPUT & CO | FY 2019 | 130379W |
Shareholding
The shareholding of Whiz Enterprise 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 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Whiz Enterprise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jan 2019 | 100241540 | Others | ₹40 Cr | Open | |
| 09 Jul 2015 | 10590758 | Axis Bank Limited | ₹10.35 Cr | Open | |
| 01 Sep 2015 | 10588302 | Ifci Venture Capital Funds Limited | ₹20 Cr | Satisfied |
To see the full charge records of Whiz Enterprise Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Whiz Enterprise Private Limited has 43 court cases on record: 24 filed by Whiz Enterprise, 19 filed against it. 9 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 7 | 6 |
| District courts | 10 | 8 | 3 |
| NCLAT | 7 | 3 | 0 |
| Supreme Court | 6 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Pegasus Assets Reconstruction Private Limited | Pending |
| Bombay High Court | Court case (AO) | Filed by the company against The Oriental Insurance Company Limited and Anr and 1 other | Pending |
| Bombay High Court | Court case (CAA) | Filed by the company against The Oriental Insurance Company Limited and Anr and 1 other | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Axis Bank Ltd. | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Pegasus Assets Reconstruction Pvt. Ltd | Disposed |
To see the full case history of Whiz Enterprise Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Whiz Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Whiz Enterprise has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW5132A1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Whiz Enterprise Private Limited, buy the company report.
Recent activity
Whiz Enterprise Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Amrit Rajani Ashok was appointed as Director on 06 Feb 2004.
Frequently asked questions
Whiz Enterprise is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Whiz Enterprise is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 06 February 2004 and is registered under CIN U51909MH2004PTC144418. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Whiz Enterprise has 3 current directors:
- Pooja Ashok Rajani - Director
- Narendra Ashok Rajani - Director
- Amrit Rajani Ashok - Director
The latest financial statements of Whiz Enterprise 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.
The CIN (Corporate Identification Number) of Whiz Enterprise is U51909MH2004PTC144418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Whiz Enterprise has open charges of ₹50.35 Cr and satisfied charges of ₹20 Cr as per latest MCA filings.
Whiz Enterprise has 43 court cases on record: 24 filed by the company and 19 filed against it. 9 are pending. Most are in the high courts.
Whiz Enterprise was incorporated on 06 February 2004. It is registered with the Registrar of Companies, Mumbai.
Amrit Rajani Ashok was appointed as Director on 06 Feb 2004. Narendra Ashok Rajani was appointed as Director on 06 Feb 2004. Pooja Ashok Rajani was appointed as Director on 06 Feb 2004.
The registered office of Whiz Enterprise is at B – 10 Gopi Chamberlink Road Opp Citimall Andheri W, Mumbai, Maharashtra, India – 400053.