About Wifin Technologies India Private Limited
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Wifin Technologies India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Kailash Shipping Services Private Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2004PTC077377. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12.56 Lakh. It is led by directors Vengatachala Velkesh and Raghavendra Prasad Venkataraman.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Door No.7/5 Amient House I Floor(Western Portion) Kodambakkam High Road Nungambakkam, Chennai, Tamil Nadu, India – 600034.
As per the financials filed for FY 2021, the company reported a revenue of ₹30,945, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹14.12 Lakh and EBITDA of -₹1.53 Lakh (EBITDA margin -494.2%). Revenue has declined at a compounded annual rate (CAGR) of 91% over three years and 72% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Wifin Technologies. As per MCA filings, the company has satisfied charges of ₹2 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in March 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wifintech.com.
Company details
CIN history
Wifin Technologies India has one previous CIN (Corporate Identification Number): U72200TZ2004PTC011191. The current CIN is U72200TN2004PTC077377, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TN2004PTC077377 | Current |
| U72200TZ2004PTC011191 | Previous |
Contact details
Wifin Technologies India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is wifintech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No.7/5 Amient House I Floor(Western Portion) Kodambakkam High Road Nungambakkam, Chennai, Tamil Nadu, India – 600034
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Wifin Technologies India 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
Brands
Wifin Technologies India operates one associated brand: Wifin Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Blockchain solutions for enterprises are developed and deployed. | wifintech.com |
Financials of Wifin Technologies India Private Limited
FY 2021 filings availableWifin Technologies India Private Limited reported revenue of ₹30,945 (down 98% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years, including a 98% fall in the latest year. EBITDA rose 94% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹30,945 | ||||
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| EBITDA | -₹1.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.12 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -494.2% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of Wifin Technologies India Private Limited, buy the company report.
Board of directors of Wifin Technologies India Private Limited
Wifin Technologies India has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vengatachala Velkesh Also directs: Astraquark Digi Solutions Private Limited | Director | 27 Feb 2019 | 7 Years 8 Months | Current |
| Raghavendra Prasad Venkataraman Also directs: Gap Miners India Private Limited, Astraquark Digi Solutions Private Limited, Kapiital Kapslock Private Limited and 2 more | Director | 27 Feb 2019 | 7 Years 8 Months | Current |
Shareholding
The shareholding of Wifin Technologies India Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Wifin Technologies India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2016 | 100075480 | Axis Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Wifin Technologies India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Wifin Technologies India Private Limited has 1 deal on record (1 acquisition); the latest was in March 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Acquisition | Undisclosed | Buyer: Dahnay Infra Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Wifin Technologies India 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 Wifin Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Wifin Technologies India Private Limited has a workforce of 15 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Wifin Technologies India 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 Wifin Technologies India Private Limited, buy the company report.
Recent activity
Wifin Technologies India Private Limited has 16 board changes on record since 2009: 2 appointments and 14 cessations. The latest: Raghavendra Prasad Venkataraman ceased to be Additional Director on 30 Sep 2019.
9 earlier events are in the company report.
Frequently asked questions
Wifin Technologies India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 21 June 2004 (22+ years old) and is registered under CIN U72200TN2004PTC077377.
Wifin Technologies India has 2 current directors:
- Vengatachala Velkesh - Director
- Raghavendra Prasad Venkataraman - Director
The latest financial statements of Wifin Technologies India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Wifin Technologies India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Wifin Technologies India is U72200TN2004PTC077377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wifin Technologies India was incorporated on 21 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
Wifin Technologies India has 1 deal on record (1 acquisition); the latest was in March 2016.
Raghavendra Prasad Venkataraman ceased to be Additional Director on 30 Sep 2019. Vengatachala Velkesh ceased to be Additional Director on 30 Sep 2019. Raghavendra Prasad Venkataraman was appointed as Director on 27 Feb 2019. Wifin Technologies India has 16 board changes on record in total.
Wifin Technologies India can be reached through the website wifintech.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Wifin Technologies India is at Door No.75 Amient House I FloorWestern Portion Kodambakkam High Road Nungambakkam, Chennai, Tamil Nadu, India – 600034.
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