Winways Systems Private Limited

Winways Systems Private Limited - service in Madurai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U72200TN2003PTC051517 Incorporated 05 September 2003 ROC Chennai HQ Madurai, Tamil Nadu, India
Struck Off Private Limited Company service
Revenue · FY 2023
₹47,303
▼ 94% YoY
Net loss · FY 2023
₹2.74 Lakh
Latest filing
EBITDA · FY 2023
-₹2.73 Lakh
Latest filing
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Satisfied charges
₹24 Lakh
No open charges
Company age
23 yrs
Est. 2003
Employees · EPFO
2
Provident fund records

About Winways Systems Private Limited

Data last updated:

Winways Systems Private Limited was a private limited company based in Madurai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT services segment of the services sector. It was incorporated on 05 September 2003.

The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2003PTC051517. Its GSTIN is 33AAACW4937H1ZB (Tamil Nadu).

The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It was led by directors Ramanathan Sivarajah (Managing Director) and Arumugasamy Palanikumar.

Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Door No: 44 Vpm Towers Vasantha Nagar Tpk Road, Madurai, Tamil Nadu, India – 625003.

As per the financials filed for FY 2023, the company reported a revenue of ₹47,303, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹2.74 Lakh and EBITDA of -₹2.73 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 66% over five years.

The company had about 2 employees on its provident fund (EPFO) records before it was struck off.

As per MCA filings, the company had satisfied charges of ₹24 Lakh on record.

The last known website on record is winways.co.in.

Company details

CIN U72200TN2003PTC051517
Registration Number 051517
Incorporation Date 05 September 2003
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Compliance Status Active Compliant

Contact details

Winways Systems Private Limited's registered office is in Madurai, Tamil Nadu. Its website is winways.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Door No: 44 Vpm Towers Vasantha Nagar Tpk Road, Madurai, Tamil Nadu, India – 625003
  • Industry
    Service, Information Technology Services

To see the full contact details of Winways Systems Private Limited, buy the company report.

Comprehensive company report
Winways Systems 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
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Business activity

The main business activity of Winways Systems is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Winways Systems Private Limited, buy the company report.

Financials of Winways Systems Private Limited

FY 2023 filings available

Winways Systems Private Limited reported revenue of ₹47,303 (down 94% YoY) for FY 2023.

Revenue · FY 2023
₹47,303 ▼ 94%
Net loss · FY 2023
₹2.74 Lakh
EBITDA · FY 2023
-₹2.73 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 85%
5 years · compounded
▼ 66%
EBITDA CAGR growth
1 year
▼ 188%
3 years · compounded
▼ 34%
5 years · compounded
▼ 20%

Revenue has declined at a compounded annual rate (CAGR) of 66% over five years, including a 94% fall in the latest year. EBITDA fell 188% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹2.73 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2.74 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
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 Winways Systems Private Limited, buy the company report.

Board of directors of Winways Systems Private Limited

Winways Systems has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ramanathan SivarajahManaging Director05 Sep 200323 Years 2 MonthsAs last reported
Arumugasamy PalanikumarDirector05 Sep 200323 Years 2 MonthsAs last reported

Peer comparison

Winways Systems Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Samanthi Publications Private Limited₹47,593 (FY 2023)-97.0%Chennai, Tamil Nadu, India
Mybuy4u Web Promotional Services Private Limited₹47,400 (FY 2016)-85.0%Dehradun, Uttarakhand, India
Fest Samachar Services Private Limited₹47,367 (FY 2022)-89.0%Guntur, Andhra Pradesh, India
Saturn Io Datasoft Private Limited₹47,360 (FY 2025)-91.0%Bangalore, Karnataka, India
Digital Point Fintech Private Limited₹47,336 (FY 2023)-80.0%Pali, Rajasthan, India
Winways Systems Private Limitedthis company₹47,303 (FY 2023)-₹2.74 Lakh-94.0%2Madurai, Tamil Nadu, India
SSLK Engineering & Technologies (OPC) Private Limited₹47,300 (FY 2021)Thiruvanmiyur, Tamil Nadu, India
Sr Knot Technologies Private Limited₹47,203 (FY 2024)-83.0%Visakhapatnam, Andhra Pradesh, India
Magurano Software Private Limited₹47,000 (FY 2018)Jaipur, Rajasthan, India
Yojask Tech Consulting Private Limited₹47,000 (FY 2019)Bangalore, Karnataka, India
Visnova Solutions Private Limited₹47,000 (FY 2018)New Delhi, Delhi, India

To see the full peer comparison of Winways Systems Private Limited, buy the company report.

Auditor

Winways Systems Private Limited is audited by K.MOHAN for the financial year 2017.

Auditor firmFinancial yearFirm registration number
K.MOHANFY 2017024592

Shareholding

The shareholding of Winways Systems Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Winways Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹24 Lakh
Breakdown by lending institutions
Indian Bank₹0.24 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Jun 201210365047Indian Bank₹24 LakhSatisfied

To see the full charge records of Winways Systems Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Winways Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Winways Systems Private Limited has a workforce of 2 employees on its EPFO records as of Sep 2022, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2022-232
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Winways Systems Private Limited, buy the company report.

GST

Winways Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACW4937H1ZBTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Winways Systems Private Limited, buy the company report.

Recent activity

Winways Systems Private Limited has 2 board changes on record since 2003: 2 appointments. The latest: Arumugasamy Palanikumar was appointed as Director on 05 Sep 2003.

AGM
Winways Systems Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
Filing
Winways Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Charges
A charge registered on 25 Jun 2012 via Charge ID 10365047 with Indian Bank was fully satisfied on 18 Nov 2021.
Charges
A charge with Indian Bank amounted to Rs. 24.00 Lakh with Charge ID 10365047 was registered on 25 Jun 2012.
Appointed
Arumugasamy Palanikumar was appointed as Director.
Appointed
Ramanathan Sivarajah was appointed as Managing Director.
Incorporation
05 Sep 2003
Winways Systems Private Limited was registered on 05 Sep 2003 with Roc Chennai & aged 23 years 2 months as per MCA records.

Frequently asked questions

Winways Systems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Winways Systems was a private limited company based in Madurai, Tamil Nadu, India. The company worked in information technology services, within the service industry. It was incorporated on 05 September 2003 and is registered under CIN U72200TN2003PTC051517. The company has been struck off by the Registrar of Companies and is no longer operational.

Winways Systems had 2 directors:

The CIN (Corporate Identification Number) of Winways Systems is U72200TN2003PTC051517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Winways Systems is at Door No: 44 Vpm Towers Vasantha Nagar Tpk Road, Madurai, Tamil Nadu, India – 625003.

Winways Systems was incorporated on 05 September 2003. It is registered with the Registrar of Companies, Chennai.

Winways Systems can be reached through the website winways.co.in. Its registered office is in Madurai, Tamil Nadu, India.

The latest financial statements of Winways Systems on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Winways Systems is 33AAACW4937H1ZB, registered in Tamil Nadu.

Winways Systems operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.

The peers of Winways Systems by revenue are Samanthi Publications Private Limited, Mybuy4u Web Promotional Services Private Limited, Fest Samachar Services Private Limited, Saturn Io Datasoft Private Limited, Digital Point Fintech Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).