About Wipfli India Private Limited
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Wipfli India Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Spiderlogic Llc U.S.A.. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 24 September 2004.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2004PTC127940. The company has 5 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Spiderlogic India Private Limited.
Its last annual general meeting (AGM) was held on 09 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Floor 4 Tower B Global Village Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹44.59 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹4.79 Cr (net margin 10.7%) and EBITDA of ₹7.21 Cr (EBITDA margin 16.2%).
The company is associated with 1 brand: SpiderLogic.
The last known website on record is spiderlogic.com.
Company details
CIN history
Wipfli India has one previous CIN (Corporate Identification Number): U72200PN2004PTC131713. The current CIN is U72200KA2004PTC127940, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2004PTC127940 | Current |
| U72200PN2004PTC131713 | Previous |
Contact details
Wipfli India Private Limited's registered office is in Bangalore, Karnataka. Its website is spiderlogic.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressFloor 4 Tower B Global Village Tech Park Pattenegere Mylasandra Village Rvce Po, St, Bangalore, Karnataka, India – 560059
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Wipfli 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
Wipfli India operates one associated brand: SpiderLogic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides audit, tax, advisory, and digital services to businesses in multiple sectors. | spiderlogic.com |
Business activity
The main business activity of Wipfli India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Wipfli India Private Limited, buy the company report.
Financials of Wipfli India Private Limited
FY 2020 filings availableWipfli India Private Limited reported revenue of ₹44.59 Cr (up 25% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year. EBITDA rose 14% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹44.59 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹7.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.79 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.2% | ||||
| Net Profit Margin | 10.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Wipfli India Private Limited, buy the company report.
Board of directors of Wipfli India Private Limited
Wipfli India has 9 former directors on record and no current directors listed.
Auditor
Wipfli India Private Limited is audited by VIVEK PUROHIT & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIVEK PUROHIT & CO | FY 2020 | 120343W |
Shareholding
The shareholding of Wipfli India Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Wipfli India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wipfli 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 Wipfli India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wipfli India has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Wipfli India Private Limited, buy the company report.
Recent activity
Wipfli India Private Limited has 9 board changes on record since 2009: 0 appointments and 9 cessations. The latest: Ramanna Nagaraja ceased to be Director on 24 Nov 2020.
Frequently asked questions
Wipfli India has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Wipfli India was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 24 September 2004 and is registered under CIN U72200KA2004PTC127940. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Wipfli India is U72200KA2004PTC127940. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wipfli India was incorporated on 24 September 2004. It is registered with the Registrar of Companies, Bangalore.
Wipfli India can be reached through the website spiderlogic.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Wipfli India is at Floor 4 Tower B Global Village Tech Park Pattenegere Mylasandra Village Rvce Po, St, Bangalore, Karnataka, India – 560059.
The latest financial statements of Wipfli India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 09 October 2020. Year-wise statements from 2015 are in the company report.
No. Wipfli India has 5 GST registrations on record and all of them are cancelled or inactive.
Wipfli India operated in the information technology industry, in the application development and software solutions segment.
Ramanna Nagaraja ceased to be Director on 24 Nov 2020. Sumanth Kumar Padival Mudar Neminathaiah ceased to be Director on 24 Nov 2020. Murali Sreenivasa Iyer ceased to be Director on 17 Aug 2020. Wipfli India has 9 board changes on record in total.