Witesand Systems India Private Limited - Company Profile

It is a information technology foreign private limited company based in Bangalore, Karnataka, India, established in 2020.
2020 Bangalore, Karnataka, India Struck Off
Last Updated:
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About Witesand Systems India Private Limited

Witesand Systems India Private Limited, a struck off foreign private limited company, was established on 19 May 2020 in Bangalore, Karnataka, India. Engaging in software development & support services within the information and communication sector, it holds CIN: U72900KA2020FTC134178. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Employing 7 professional, Its leadership includes Muthukumar Muthumavadi (Director), Ramakrishna Ravikumar (Director). Past directors included Praveen Jain, Madhava Rao Cheethirala, Sriharsha Jayanarayana. Its latest AGM occurred on 16 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1578, 11Th Main 4Th Block, Jayanagar, Bangalore, Karnataka, 560011.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U72900KA2020FTC134178

  • Registration Number

    134178

  • Incorporation Date

    19 May 2020

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -98.16%
  • Profit Growth **** -201.33%
  • Ebitda **** -165.52%
  • Net Worth -55.98%
  • Total Assets -76.89%
Company report

Witesand Systems India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Witesand Systems India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Witesand Systems India Private Limited?
Current Directors
Name Designation Appointment Date Status
Muthukumar Muthumavadi Director 16 Dec 2021 Current
Ramakrishna Ravikumar Director 16 Dec 2021 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 17 Dec 2021 Past
Pramod Abcsdd Director 17 Dec 2021 Past
Pramod Abcsdd Director 17 Dec 2021 Past
Pramod Abcsdd Additional Director 16 Dec 2021 Past
Pramod Abcsdd Additional Director 16 Dec 2021 Past
Pramod Abcsdd Additional Director 16 Dec 2021 Past

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Financial Performance of Witesand Systems India.

Witesand Systems India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 98.16% decrease. The company also saw a substantial fall in profitability, with a 201.33% decrease in profit. The company's net worth observed a substantial decline by a decrease of 55.98%.

Witesand Systems India revenue growth over time
Witesand Systems India profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -98.16%
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Revenue from Operations
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Total Assets
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 -76.89%
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Profit or Loss
*******
 -201.33%
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Net Worth
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 -55.98%
*******
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*******
*******
EBITDA
*******
 -165.52%
*******
*******
*******
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What is the Ownership and Shareholding Structure of Witesand Systems India?

In 2023, Witesand Systems India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Witesand Systems India?

Witesand Systems India has a workforce of 7 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Witesand Systems India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Witesand Systems India's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Witesand Systems India
Recent Activity within the Organization
  • Annual General Meeting

    The activity Witesand Systems India Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Witesand Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    The activity Muthukumar Muthumavadi was appointed as a Director was appointed as a Director on 16 Dec 2021 & has been associated with this company since 4 years 2 months . was completed.

  • Director Appointment

    The activity Ramakrishna Ravikumar was appointed as a Director was appointed as a Director on 16 Dec 2021 & has been associated with this company since 4 years 2 months . was completed.

  • Company Incorporation

    Progress on Witesand Systems India Private Limited was registered on 19 May 2020 with Roc Bangalore & aged 5 years 9 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Witesand Systems India Private Limited?

The CIN of Witesand Systems India Private Limited is U72900KA2020FTC134178.

Where is Witesand Systems India Private Limited headquartered?

Witesand Systems India Private Limited is headquartered at 1578, 11Th Main 4Th Block, Jayanagar, Bangalore, Karnataka, 560011.

When was Witesand Systems India Private Limited incorporated?

Witesand Systems India Private Limited was incorporated on 19 May 2020.

Who are the current directors of Witesand Systems India Private Limited?

The current directors of Witesand Systems India Private Limited are

What is the primary industry of Witesand Systems India Private Limited?

The primary industry of Witesand Systems India Private Limited is Information And Communication.

Is Witesand Systems India Private Limited a listed company?

Witesand Systems India Private Limited is unlisted.

What is the capital structure of Witesand Systems India Private Limited?

The authorized capital of Witesand Systems India Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

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