Wig Associates Private Limited
About Wig Associates Private Limited
Data last updated:
Wig Associates Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 07 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2007PTC173910. Its GSTIN is 27AAACW7353F1Z8 (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Puneet Mahendra Wig and Dolly Mahendrakumar Wig.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 102 Amar Residency Punjab Wadi Sion Trombay Road Deonar, Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.84 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹6,242 (net margin 0%) and EBITDA of ₹4.25 Lakh (EBITDA margin 1.5%).
As per MCA filings, the company has satisfied charges of ₹6.24 Cr on record. Court records list 10 cases involving the company, including 1 filed by the company and 9 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Wig Associates Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address102 Amar Residency Punjab Wadi Sion Trombay Road Deonar, Mumbai, Maharashtra, India – 400088
- IndustryTrading, Other Wholesale, Wholesale
- 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 Wig Associates is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Wig Associates Private Limited, buy the company report.
Financials of Wig Associates Private Limited
FY 2016 filings availableWig Associates Private Limited reported revenue of ₹2.84 Cr (down 22% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year. EBITDA fell 15% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
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| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹4.25 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹6,242 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
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| Investments | ||
| Inventories | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.5% | |
| Net Profit Margin | 0% | |
| 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 | ||
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| Receivable Days | ||
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To see the full financial statements and ratios of Wig Associates Private Limited, buy the company report.
Board of directors of Wig Associates Private Limited
Wig Associates has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puneet Mahendra Wig | Director | 07 Sep 2007 | 19 Years 1 Months | Current |
| Dolly Mahendrakumar Wig | Director | 07 Sep 2007 | 19 Years 1 Months | Current |
Peer comparison
Wig Associates Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Magnus Wellness Private Limited | ₹2.84 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Maple Computer and Communication Private Limited | ₹2.84 Cr (FY 2025) | 106.0% | Bhubaneswar, Odisha, India | |||
| Manohar Dealcom Private Limited | ₹2.84 Cr (FY 2025) | 24.0% | Kolkata, West Bengal, India | |||
| Mahseer Product Private Limited | ₹2.84 Cr (FY 2025) | -40.0% | Aligarh, Uttar Pradesh, India | |||
| Luft Power Private Limited | ₹2.84 Cr (FY 2018) | -2.0% | Vadodara, Gujarat, India | |||
| Wig Associates Private Limitedthis company | ₹2.84 Cr (FY 2016) | ₹6,242 | 0% | -22.0% | Mumbai, Maharashtra, India | |
| Ferozson Exports Private Limited | ₹2.84 Cr (FY 2025) | -61.0% | Jammu and Kashmir, India | |||
| Popular Distributors Private Limited | ₹2.83 Cr (FY 2024) | -13.0% | Ratnagiri, Maharashtra, India | |||
| Pakkun Technologies Private Limited | ₹2.83 Cr (FY 2025) | 44.0% | Secunderabad, Telangana, India | |||
| Bright Cutting Tools Private Limited | ₹2.83 Cr (FY 2025) | -4.0% | Delhi, India | |||
| Macro Labs Private Limited | ₹2.83 Cr (FY 2025) | 16.0% | Chandigarh, India |
To see the full peer comparison of Wig Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jan 2011 | 10266783 | Bank of Baroda | ₹54 Lakh | Satisfied | |
| 20 Jul 2010 | 10243366 | Bank of Baroda | ₹35 Lakh | Satisfied | |
| 12 Oct 2009 | 10186291 | Bank of Baroda | ₹25 Lakh | Satisfied | |
| 02 Jul 2008 | 10114620 | Bank of Baroda | ₹4.85 Cr | Satisfied | |
| 02 Jul 2008 | 10114622 | Bank of Baroda | ₹25 Lakh | Satisfied |
To see the full charge records of Wig Associates Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Wig Associates Private Limited has 10 court cases on record: 1 filed by Wig Associates, 9 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
| NCLAT | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| NCLT, Mumbai | Appeal | Filed by the company against Registrar of Companies | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by an individual | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by an individual | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Insolvency and Bankruptcy Board of India | Disposed |
To see the full case history of Wig Associates 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 Wig Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wig Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW7353F1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wig Associates Private Limited, buy the company report.
Recent activity
Wig Associates Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Dolly Mahendrakumar Wig was appointed as Director on 07 Sep 2007.
4 earlier events are in the company report.
Frequently asked questions
Wig Associates is an active private limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 07 September 2007 (19+ years old) and is registered under CIN U25209MH2007PTC173910.
Wig Associates has 2 current directors:
- Puneet Mahendra Wig - Director
- Dolly Mahendrakumar Wig - Director
The latest financial statements of Wig Associates on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Wig Associates is 27AAACW7353F1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Wig Associates is U25209MH2007PTC173910. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wig Associates has 10 court cases on record: 1 filed by the company and 9 filed against it. 1 is pending. Most are in the district courts.
Wig Associates was incorporated on 07 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Wig Associates by revenue are Magnus Wellness Private Limited, Maple Computer and Communication Private Limited, Manohar Dealcom Private Limited, Mahseer Product Private Limited, Luft Power Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Dolly Mahendrakumar Wig was appointed as Director on 07 Sep 2007. Puneet Mahendra Wig was appointed as Director on 07 Sep 2007.
The registered office of Wig Associates is at 102 Amar Residency Punjab Wadi Sion Trombay Road Deonar, Mumbai, Maharashtra, India – 400088.
Wig Associates operates in the trading industry, in the other wholesale segment.