Startup India Government of India
Wimate Technology Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.67 Cr
▲ 59% YoY
Net profit · FY 2024
₹9.07 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹16.49 Lakh
EBITDA margin 4.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.1 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
35
Provident fund records
About Wimate Technology Solutions Private Limited
Data last updated:
Wimate Technology Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the cloud computing and cloud services segment of the technology and IT services sector. It was incorporated on 17 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72501KA2017PTC107239. Its GSTIN is 29AACCW0928L1ZY (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bhagyashri Patil and Koojugodu Kumar Vasanth.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Second Floor #43/262 5th Main 4th Block Jayanagar Bangalore., Karnataka, India – 560011.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.67 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹9.07 Lakh (net margin 2.5%) and EBITDA of ₹16.49 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 76% over three years and 35% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Wimate Technology Solutions. As per MCA filings, the company has open charges of ₹1.1 Cr on record.
Wimate Technology Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0188141). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wimate.in.
Company details
CIN U72501KA2017PTC107239
Registration Number 107239
Incorporation Date 17 October 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0188141
Key People
Bhagyashri Patil Director Koojugodu Kumar Vasanth Director Mangalore Parameshwar Aneesh Director Recognitions & Rankings of Wimate Technology Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0188141
Contact details
Wimate Technology Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is wimate.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSecond Floor #43/262 5th Main 4th Block Jayanagar Bangalore., Karnataka, India – 560011
- IndustryInformation Technology, Cloud Computing & Cloud Services
To see the full contact details of Wimate Technology Solutions Private Limited, buy the company report.
Comprehensive company report
Wimate Technology Solutions Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Wimate Technology Solutions operates one associated brand: Wimate Technology Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive IoT cloud platforms and devices for smart solutions. | wimate.in |
Business activity
The main business activity of Wimate Technology Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Wimate Technology Solutions Private Limited, buy the company report.
Financials of Wimate Technology Solutions Private Limited
FY 2025 filings availableWimate Technology Solutions Private Limited reported revenue of ₹3.67 Cr (up 59% YoY) for FY 2024.
Revenue · FY 2024
₹3.67 Cr ▲ 59%
Net profit · FY 2024
₹9.07 Lakh margin 2.5%
EBITDA · FY 2024
₹16.49 Lakh margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 76%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 52%
5 years · compounded
▲ 36%
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 59% growth in the latest year. EBITDA rose 31% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.07 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Wimate Technology Solutions Private Limited, buy the company report.
Board of directors of Wimate Technology Solutions Private Limited
Wimate Technology Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagyashri Patil Also directs: Untangled Technology Solutions Private Limited | Director | 17 Oct 2017 | 9 Years 0 Months | Current |
| Koojugodu Kumar Vasanth | Director | 17 Oct 2017 | 9 Years 0 Months | Current |
| Mangalore Parameshwar Aneesh Also directs: Untangled Technology Solutions Private Limited | Director | 26 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Wimate Technology Solutions Private Limited is audited by Masthan Vali S & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Masthan Vali S & Co | FY 2023 | 019309S |
Shareholding
The shareholding of Wimate Technology Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wimate Technology Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jan 2024 | 100860447 | Others | ₹1.1 Cr | Open |
To see the full charge records of Wimate Technology Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Wimate Technology Solutions 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 Wimate Technology Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Wimate Technology Solutions Private Limited has a workforce of 35 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Employee growth
20.7%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 35 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 |
To see the full employee and EPFO history of Wimate Technology Solutions Private Limited, buy the company report.
GST
Wimate Technology Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW0928L1ZY | Karnataka | Active | 15 Feb 2018 |
To see the full GST registrations and return filing status of Wimate Technology Solutions Private Limited, buy the company report.
Recent activity
Wimate Technology Solutions Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Mangalore Parameshwar Aneesh was appointed as Director on 26 Apr 2025.
AGM
Wimate Technology Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 110.00 Lakh registered on 19 Jan 2024 with Charge ID 100860447 was modified on 21 Jul 2025.
Appointed
Mangalore Parameshwar Aneesh was appointed as Director.
Ceased
Swathi Lakshmi Rama Kudian ceased to be Director.
Filing
Wimate Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 110.00 Lakh with Charge ID 100860447 was registered on 19 Jan 2024.
Appointed
Bhagyashri Patil was appointed as Director.
Appointed
Koojugodu Kumar Vasanth was appointed as Director.
Incorporation
17 Oct 2017
Wimate Technology Solutions Private Limited was registered on 17 Oct 2017 with Roc Bangalore & aged 9 years 25 days as per MCA records.
Frequently asked questions
Wimate Technology Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in cloud computing and cloud services, within the information technology industry. It was incorporated on 17 October 2017 (9+ years old) and is registered under CIN U72501KA2017PTC107239.
Wimate Technology Solutions has 3 current directors:
- Bhagyashri Patil - Director
- Koojugodu Kumar Vasanth - Director
- Mangalore Parameshwar Aneesh - Director
The latest financial statements of Wimate Technology Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Wimate Technology Solutions is 29AACCW0928L1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Wimate Technology Solutions is U72501KA2017PTC107239. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wimate Technology Solutions was incorporated on 17 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Mangalore Parameshwar Aneesh was appointed as Director on 26 Apr 2025. Swathi Lakshmi Rama Kudian ceased to be Director on 26 Apr 2025. Bhagyashri Patil was appointed as Director on 17 Oct 2017. Wimate Technology Solutions has 4 board changes on record in total.
Yes, Wimate Technology Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Wimate Technology Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0188141).
Wimate Technology Solutions can be reached through the website wimate.in. Its registered office is in Bangalore, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages