Wistec IT Learning Solutions India Private Limited
About Wistec IT Learning Solutions India Private Limited
Data last updated:
Wistec IT Learning Solutions India Private Limited is a foreign private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Wistec Training Oy, Finland. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the corporate training and development segment of the education sector. It was incorporated on 28 May 2019.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U80100MH2019FTC325980. Its GSTIN is 27AACCW4392E1Z7 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Juha Kalevi Huhtanen and Abhijit Murlidhar Dabhade.
Its last annual general meeting (AGM) was held on 10 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 16 Flat No. 1201 Sector 50 Nerul Navi Mumbai, Maharashtra, India – 400706.
As per the financials filed for FY 2021, the company reported a revenue of ₹24.21 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.41 Lakh (net margin 5.8%) and EBITDA of ₹1.53 Lakh (EBITDA margin 6.3%).
Company details
Contact details
Wistec IT Learning Solutions India Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 16 Flat No. 1201 Sector 50 Nerul Navi Mumbai, Maharashtra, India – 400706
- IndustryEducation, Corporate Training & Development
To see the full contact details of Wistec IT Learning Solutions 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
Financials of Wistec IT Learning Solutions India Private Limited
FY 2024 filings availableWistec IT Learning Solutions India Private Limited reported revenue of ₹24.21 Lakh (up 294% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 294% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹24.21 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.53 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.41 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 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.3% | |
| Net Profit Margin | 5.8% | |
| 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 Wistec IT Learning Solutions India Private Limited, buy the company report.
Board of directors of Wistec IT Learning Solutions India Private Limited
Wistec IT Learning Solutions India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Juha Kalevi Huhtanen | Director | 28 May 2019 | 7 Years 5 Months | Current |
| Abhijit Murlidhar Dabhade Also directs: Krit Sports Private Limited | Director | 28 May 2019 | 7 Years 5 Months | Current |
Auditor
Wistec IT Learning Solutions India Private Limited is audited by TANVEER BHAGAT & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TANVEER BHAGAT & CO | FY 2021 | 140696W |
Shareholding
The shareholding of Wistec IT Learning Solutions India Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Wistec IT Learning Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wistec IT Learning Solutions 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 Wistec IT Learning Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wistec IT Learning Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCW4392E1Z7 | Maharashtra | Active | 28 May 2020 |
To see the full GST registrations and return filing status of Wistec IT Learning Solutions India Private Limited, buy the company report.
Recent activity
Wistec IT Learning Solutions India Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Abhijit Murlidhar Dabhade was appointed as Director on 28 May 2019.
Frequently asked questions
Wistec IT Learning Solutions India is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Wistec IT Learning Solutions India is a company pending strike off, currently registered as a foreign private limited company based in Navi Mumbai, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 28 May 2019 and is registered under CIN U80100MH2019FTC325980. The company may be struck off soon - caution is advised.
Wistec IT Learning Solutions India has 2 current directors:
- Juha Kalevi Huhtanen - Director
- Abhijit Murlidhar Dabhade - Director
The CIN (Corporate Identification Number) of Wistec IT Learning Solutions India is U80100MH2019FTC325980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wistec IT Learning Solutions India was incorporated on 28 May 2019. It is registered with the Registrar of Companies, Mumbai.
The registered office of Wistec IT Learning Solutions India is at Plot No. 16 Flat No. 1201 Sector 50 Nerul Navi Mumbai, Maharashtra, India – 400706.
The latest financial statements of Wistec IT Learning Solutions India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 10 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Wistec IT Learning Solutions India is 27AACCW4392E1Z7, registered in Maharashtra.
Wistec IT Learning Solutions India operates in the education industry, in the corporate training and development segment.
Abhijit Murlidhar Dabhade was appointed as Director on 28 May 2019. Juha Kalevi Huhtanen was appointed as Director on 28 May 2019.
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.
