About Wibit Innovations LLP
Data last updated:
Wibit Innovations LLP is a limited liability partnership (LLP) based in Gandhinagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 23 November 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAL-2389. Its GSTIN is 24AACFW7785J1ZL (Gujarat).
The LLP has a total obligation of contribution of ₹50,000. It is led by designated partners Bhavinkumar Mahendrabhai Patel and Boni Anilkumar Patel.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at 284/20 Nr. Aradhna School Sector – 28 Gandhinagar, Gujarat, India – 382028.
The LLP is associated with 1 brand: Wibit Innovations.
For more details, the LLP can be reached via its website wibit.in.
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- Registered Address284/20 Nr. Aradhna School Sector – 28 Gandhinagar, Gujarat, India – 382028
- IndustryBusiness Services, Other Services
- 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
Financials of Wibit Innovations LLP FY 2024 filings available
Financial Statement Summary of Wibit Innovations LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | •••• | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Wibit Innovations LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Wibit Innovations are in the company report.
Financial statements from FY 2018
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.
Designated Partners of Wibit Innovations LLP
Wibit Innovations has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavinkumar Mahendrabhai Patel Also directs: Nxon AI Private Limited | Designated Partner | 23 Nov 2017 | 8 Years 10 Months | Current |
| Boni Anilkumar Patel | Designated Partner | 23 Nov 2017 | 8 Years 10 Months | Current |
Charges & Borrowings of Wibit Innovations LLP
Wibit Innovations LLP does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Wibit Innovations LLP
Wibit Innovations operates one associated brand: Wibit Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IoT products, services, and solutions for technology and transportation sectors. | wibit.in |
Employees and EPFO Compliance at Wibit Innovations LLP
Employment history and EPFO contributions of people linked to Wibit Innovations.
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 Wibit Innovations LLP
Wibit Innovations LLP has 4 designated partner changes on record since 2017: 2 appointments and 2 cessations. The latest: Chintan Arunbhai Joshi ceased to be Designated Partner on 11 Feb 2023.
Credit Ratings, Litigation & Regulatory Alerts for Wibit Innovations LLP
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.
MSME Payment Delays by Wibit Innovations LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Wibit Innovations LLP
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 Wibit Innovations LLP
Wibit Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACFW7785J1ZL | Gujarat | Active | 06 Mar 2018 |
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 Wibit Innovations LLP
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.
Frequently Asked Questions about Wibit Innovations LLP
Wibit Innovations is an active limited liability partnership based in Gandhinagar, Gujarat, India. The LLP works in other services, within the business services industry. It was incorporated on 23 November 2017 (9+ years old) and is registered under LLPIN AAL-2389.
Wibit Innovations has 2 current designated partners:
- Bhavinkumar Mahendrabhai Patel - Designated Partner
- Boni Anilkumar Patel - Designated Partner
The GSTIN of Wibit Innovations is 24AACFW7785J1ZL, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Wibit Innovations is AAL-2389. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Wibit Innovations was incorporated on 23 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chintan Arunbhai Joshi ceased to be Designated Partner on 11 Feb 2023. Maulika Bharatbhai Patel ceased to be Designated Partner on 01 Jul 2020. Bhavinkumar Mahendrabhai Patel was appointed as Designated Partner on 23 Nov 2017. Wibit Innovations has 4 designated partner changes on record in total.
Yes, Wibit Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Wibit Innovations can be reached through the website wibit.in. Its registered office is in Gandhinagar, Gujarat, India.
The registered office of Wibit Innovations is at 28420 Nr. Aradhna School Sector – 28 Gandhinagar, Gujarat, India – 382028.
The total obligation of contribution is ₹50,000.