MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-33-0034891
Wit IT Core Private Limited
Wit IT Core Private Limited - information technology in Udaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹66.51 Lakh
▼ 23% YoY
Net profit · FY 2024
₹3.38 Lakh
Net margin 5.1%
EBITDA · FY 2024
₹6.66 Lakh
EBITDA margin 10%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Wit IT Core Private Limited
Data last updated:
Wit IT Core Private Limited is a private limited company based in Udaipur, Rajasthan, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 30 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72900RJ2019PTC063828. Its GSTIN is 08AACCW3648M1ZT (Rajasthan).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vikram Pareek and Manish Pareek.
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 5 Rajshree Colony Danglio Ki Magri Bhuwana, Udaipur, Rajasthan, India – 313001.
As per the financials filed for FY 2024, the company reported a revenue of ₹66.51 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹3.38 Lakh (net margin 5.1%) and EBITDA of ₹6.66 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 179% over three years.
Wit IT Core Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-33-0034891). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Wit IT Core Private Limited
CIN U72900RJ2019PTC063828
Registration Number 063828
Incorporation Date 30 January 2019
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-RJ-33-0034891
Key People
Vikram Pareek Director Manish Pareek Director Recognitions & Rankings of Wit IT Core
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address5 Rajshree Colony Danglio Ki Magri Bhuwana, Udaipur, Rajasthan, India – 313001
- IndustryInformation Technology, Other Computer Related Activities
Comprehensive company report
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Business Activity of Wit IT Core Private Limited
The main business activity of Wit IT Core is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Wit IT Core Private Limited FY 2025 filings available
Wit IT Core Private Limited reported revenue of ₹66.51 Lakh (down 23% YoY) for FY 2024.
Revenue · FY 2024
₹66.51 Lakh ▼ 23%
Net profit · FY 2024
₹3.38 Lakh margin 5.1%
EBITDA · FY 2024
₹6.66 Lakh margin 10%
Compounded Annual Growth Rate (CAGR) of Wit IT Core Private Limited
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 179%
EBITDA CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 490%
Revenue fell 23% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 179%. EBITDA rose 66% 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 of Wit IT Core Private Limited
| 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 | ₹6.66 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.38 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 of Wit IT Core Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Wit IT Core are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Wit IT Core Private Limited
Wit IT Core has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Pareek | Director | 30 Jan 2019 | 7 Years 8 Months | Current |
| Manish Pareek Also directs: Shri D.K.M. Engineers and Impex Private Limited | Director | 30 Jan 2019 | 7 Years 8 Months | Current |
Peer Comparison of Wit IT Core Private Limited
Wit IT Core Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Architecture, engineering activities, technical testing and analysis activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Highway Consulting Engineers Private Limited | ₹66.63 Lakh (FY 2025) | •••• | •••• | 115.0% | •••• | Delhi, India |
| Ipco Explotech Solutions Private Limited | ₹66.62 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Jaipur, Rajasthan, India |
| Carelabs Innovations Private Limited | ₹66.6 Lakh (FY 2025) | •••• | •••• | 14.0% | •••• | Ponnani, Kerala, India |
| Manne Fintech Private Limited | ₹66.57 Lakh (FY 2025) | •••• | •••• | 116.0% | •••• | Hyderabad, Telangana, India |
| Dcent Roof Solutions Private Limited | ₹66.53 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Wit IT Core Private Limited this company | ₹66.51 Lakh (FY 2024) | •••• | •••• | -23.0% | •••• | Udaipur, Rajasthan, India |
| Saksham Energy Solutions Private Limited | ₹66.51 Lakh (FY 2024) | •••• | •••• | 80.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Futuronics Technology Private Limited | ₹66.5 Lakh (FY 2025) | •••• | •••• | 73.0% | •••• | Kochi, Kerala, India |
| Trainance India Private Limited | ₹66.45 Lakh (FY 2024) | •••• | •••• | 384.0% | •••• | New Delhi, Delhi, India |
| Metey Engineering & Consultancy Private Limited | ₹66.41 Lakh (FY 2024) | •••• | •••• | -25.0% | •••• | Hyderabad, Telangana, India |
| Bimroot Technologies Private Limited | ₹66.37 Lakh (FY 2024) | •••• | •••• | 37.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Wit IT Core by revenue in the same principal business activity (Architecture, engineering activities, technical testing and analysis activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Wit IT Core Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Wit IT Core Private Limited
Wit IT Core Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Wit IT Core Private Limited
Employment history and EPFO contributions of people linked to Wit IT Core.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Wit IT Core Private Limited
Wit IT Core Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Manish Pareek was appointed as Director on 30 Jan 2019.
AGM
Wit It Core Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Wit It Core Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Appointed
Manish Pareek was appointed as Director.
Appointed
Vikram Pareek was appointed as Director.
Incorporation
30 Jan 2019
Wit It Core Private Limited was registered on 30 Jan 2019 with Roc Jaipur & aged 7 years 8 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Wit IT Core Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Wit IT Core Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Wit IT Core Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Wit IT Core Private Limited
Wit IT Core has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCW3648M1ZT | Rajasthan | Active | 07 Jun 2022 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Wit IT Core Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Wit IT Core Private Limited
Wit IT Core is an active private limited company based in Udaipur, Rajasthan, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 30 January 2019 (7+ years old) and is registered under CIN U72900RJ2019PTC063828.
Wit IT Core reported revenue of ₹66.51 Lakh for FY 2024 (down 23% YoY).
Wit IT Core has 2 current directors:
- Vikram Pareek - Director
- Manish Pareek - Director
Wit IT Core reported a net profit of ₹3.38 Lakh (net margin 5.1%) and EBITDA of ₹6.66 Lakh (EBITDA margin 10%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wit IT Core is 179% over three years. In the latest year (FY 2024) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wit IT Core is 08AACCW3648M1ZT, registered in Rajasthan.
The CIN (Corporate Identification Number) of Wit IT Core is U72900RJ2019PTC063828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wit IT Core was incorporated on 30 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Wit IT Core by revenue are Highway Consulting Engineers Private Limited, Ipco Explotech Solutions Private Limited, Carelabs Innovations Private Limited, Manne Fintech Private Limited, Dcent Roof Solutions Private Limited and 5 more, all in the same principal business activity (Architecture, engineering activities, technical testing and analysis activities).
Manish Pareek was appointed as Director on 30 Jan 2019. Vikram Pareek was appointed as Director on 30 Jan 2019.
Yes, Wit IT Core is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-33-0034891).