Wipro Technology Productservices Private Limited

Wipro Technology Productservices Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2006PTC161048 Incorporated 13 November 2006 ROC Bangalore HQ Bangalore, Karnataka, India
Merged Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹69.77 Cr
▼ 18% YoY
Net profit · FY 2024
₹30.44 Lakh
Net margin 0.4%
EBITDA · FY 2024
-₹2.69 Cr
EBITDA margin -3.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹22.89 Lakh
Issued & subscribed
Satisfied charges
₹15.2 Cr
No open charges
Company age
20 yrs
Est. 2006
Employees · EPFO
52
Provident fund records

About Wipro Technology Productservices Private Limited

Data last updated:

Wipro Technology Productservices Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Wipro Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 13 November 2006.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC161048. Its GSTIN is 33AACCT5816C1ZQ (Tamil Nadu).

The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹22.89 Lakh. It was formerly known as Theme Technologies Private Limited and Encore Theme Technologies Limited. It was led by directors including Navin Gadia and Dipak Bohra Kumar.

Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Sjp – 1 Ground Floor E Block Doddakannelli Sarjapur Road, Bangalore, Karnataka, India – 560035.

As per the financials filed for FY 2024, the company reported a revenue of ₹69.77 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹30.44 Lakh (net margin 0.4%) and EBITDA of -₹2.69 Cr (EBITDA margin -3.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 4% over five years.

The company had about 52 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 2 brands: Encore Theme Technologies and Wipro. As per MCA filings, the company had satisfied charges of ₹15.2 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending. The company has 12 deals on record (6 funding rounds, 6 secondary share transfers), with disclosed funding of ₹4.48 Cr; the latest was in December 2022. The company has 2 MSME Form 1 returns on record between 2021 and 2022, listing 4 overdue payments to 3 micro and small suppliers.

The last known website on record is wipro.com.

Company details

CIN U72200KA2006PTC161048
Registration Number 161048
Incorporation Date 13 November 2006
ROC Bangalore
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 23 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Wipro Limited
Compliance Status Active Compliant

Name history

Wipro Technology Productservices has undergone 3 name changes throughout its history. The company was previously known as Theme Technologies Private Limited, Encore Theme Technologies Limited, and Encore Theme Technologies Private Limited. The current legal name is Wipro Technology Productservices Private Limited.

Company NameStatus
Wipro Technology Productservices Private LimitedCurrent
Theme Technologies Private LimitedPrevious
Encore Theme Technologies LimitedPrevious
Encore Theme Technologies Private LimitedPrevious

CIN history

Wipro Technology Productservices has one previous CIN (Corporate Identification Number): U72200TN2006PTC061497. The current CIN is U72200KA2006PTC161048, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72200KA2006PTC161048Current
U72200TN2006PTC061497Previous

Contact details

Wipro Technology Productservices Private Limited's registered office is in Bangalore, Karnataka. Its website is wipro.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Sjp – 1 Ground Floor E Block Doddakannelli Sarjapur Road, Bangalore, Karnataka, India – 560035
  • Industry
    Information Technology, Software Development & Support Services

To see the full contact details of Wipro Technology Productservices Private Limited, buy the company report.

Comprehensive company report
Wipro Technology Productservices 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

Wipro Technology Productservices operates two associated brands: Encore Theme Technologies and Wipro. Each brand links to its own profile.

BrandDescriptionWebsite
End-to-end software solutions and services are provided for BFSI sectors.encoretheme.com
Wipro is recognized as a consulting-led, AI-powered technology services company.wipro.com

Business activity

The main business activity of Wipro Technology Productservices is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Wipro Technology Productservices Private Limited, buy the company report.

Financials of Wipro Technology Productservices Private Limited

FY 2024 filings available

Wipro Technology Productservices Private Limited reported revenue of ₹69.77 Cr (down 18% YoY) for FY 2024.

Revenue · FY 2024
₹69.77 Cr ▼ 18%
Net profit · FY 2024
₹30.44 Lakh margin 0.4%
EBITDA · FY 2024
-₹2.69 Cr margin -3.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 14%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 21%
5 years · compounded
▼ 18%

Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 9% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹2.69 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹30.44 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-3.9%
Net Profit Margin0.4%
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 Wipro Technology Productservices Private Limited, buy the company report.

Board of directors of Wipro Technology Productservices Private Limited

Wipro Technology Productservices has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Navin GadiaDirector08 Apr 20242 Years 6 MonthsAs last reported
Dipak Bohra KumarDirector01 Oct 20233 Years 0 MonthsAs last reported
Preeti GuptaAdditional Director28 Feb 20251 Years 8 MonthsAs last reported

Auditor

Wipro Technology Productservices Private Limited is audited by M S K A & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
M S K A & AssociatesFY 2022105047W

Shareholding

The shareholding of Wipro Technology Productservices Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Wipro Technology Productservices Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹15.2 Cr
Breakdown by lending institutions
State Bank of India₹15.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Jun 201010221198State Bank of India₹15.2 CrSatisfied

To see the full charge records of Wipro Technology Productservices Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Wipro Technology Productservices Private Limited has 12 deals on record (6 funding rounds, 6 secondary share transfers), with disclosed funding of ₹4.48 Cr; the latest was in December 2022.

Total deals
12
Funding rounds
6
Secondary share transfers
6
Disclosed funding
₹4.48 Cr

Deals on record (5 of 12)

WhenDealAmountParties
Dec 2022Secondary share transferUndisclosedBuyer: Wipro Limited
Seller: Encore Operating Partners
Jan 2022Secondary share transferUndisclosedBuyer: Wipro Limited
Seller: Encore Operating Partners
Dec 2020Secondary share transferUndisclosedBuyer: Wipro Limited
Seller: Encore Operating Partners
Dec 2020Secondary share transferUndisclosedBuyer: Wipro Limited
Seller: an individual
Dec 2013Funding round₹2.84 CrInvestors: Encore Operating Partners

To see the full deal history of Wipro Technology Productservices Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Wipro Technology Productservices Private Limited has 2 MSME Form 1 returns on record between 2021 and 2022, listing 4 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (3 of 3)

SupplierAmount dueDue sinceReported on
Uncia Technologies Private Limited
G.C.T. Tours & Travels Private Limited
Bluescope Information Technology Private Limited

To see the full MSME payment records of Wipro Technology Productservices Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Wipro Technology Productservices Private Limited has a workforce of 52 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
52
Active EPFO establishments
1
Employee growth
-31.58%

GST

Wipro Technology Productservices has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AACCT5816C1ZQTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Wipro Technology Productservices Private Limited, buy the company report.

Recent activity

Wipro Technology Productservices Private Limited has 21 board changes on record since 2008: 3 appointments and 18 cessations. The latest: Preeti Gupta was appointed as Additional Director on 28 Feb 2025.

Appointed
Preeti Gupta was appointed as Additional Director.
AGM
Wipro Technology Productservices Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
Ceased
Dipak Bohra Kumar ceased to be Additional Director.
Ceased
Navin Gadia ceased to be Additional Director.
Appointed
Navin Gadia was appointed as Director.
Filing
Wipro Technology Productservices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Dipak Bohra Kumar was appointed as Director.
Charges
A charge registered on 09 Jun 2010 via Charge ID 10221198 with State Bank Of India was fully satisfied on 14 Feb 2023.
Ceased
Krishnan Subramanian ceased to be Additional Director.
Ceased
Amit Bajoria ceased to be Director.
Ceased
Ashish Chawla ceased to be Additional Director.
Ceased
Aravind Viswanathan Sundaresan ceased to be Director.

15 earlier events are in the company report.

Frequently asked questions

Wipro Technology Productservices has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Wipro Technology Productservices was a private limited company based in Bangalore, Karnataka, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 13 November 2006 and is registered under CIN U72200KA2006PTC161048. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Wipro Technology Productservices was incorporated on 13 November 2006. It is registered with the Registrar of Companies, Bangalore.

Wipro Technology Productservices had 3 directors:

The CIN (Corporate Identification Number) of Wipro Technology Productservices is U72200KA2006PTC161048. 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 Wipro Technology Productservices is at Sjp – 1 Ground Floor E Block Doddakannelli Sarjapur Road, Bangalore, Karnataka, India – 560035.

Wipro Technology Productservices can be reached through the website wipro.com. Its registered office is in Bangalore, Karnataka, India.

The latest financial statements of Wipro Technology Productservices on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Wipro Technology Productservices is 33AACCT5816C1ZQ, registered in Tamil Nadu.

Wipro Technology Productservices operated in the information technology industry, in the software development and support services segment.

Wipro Technology Productservices has 12 deals on record (6 funding rounds, 6 secondary share transfers), with disclosed funding of ₹4.48 Cr; the latest was in December 2022.