Wizard Insurance Services Private Limited
About Wizard Insurance Services Private Limited
Data last updated:
Wizard Insurance Services Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the insurance and pension funding segment of the insurance sector. It was incorporated on 17 May 2001.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U66030TG2001PTC036744.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Chintalapudi Pradeep and Raghavender Varanasi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2018, the company reported a revenue of ₹23.63 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹6.69 Cr and EBITDA of -₹1.54 Cr. Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
CIN History of Wizard Insurance Services Private Limited
Wizard Insurance Services has one previous CIN (Corporate Identification Number): U66030AP2001PTC036744. The current CIN is U66030TG2001PTC036744, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66030TG2001PTC036744 | Current |
| U66030AP2001PTC036744 | Previous |
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- WebsiteLocked
- Social MediaLocked
- Registered AddressMantri Celestia Tower – B Flat – 2306 8 – 266/7 Gachibowli Financial District Nanakram, Guda, Hyderabad, Telangana, India – 500032
- IndustryInsurance, Insurance & Pension Funding, Non Life Insurance
- 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
- One PDF report, delivered after checkout
Financials of Wizard Insurance Services Private Limited FY 2018 filings available
Wizard Insurance Services Private Limited reported revenue of ₹23.63 Lakh (down 83% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Wizard Insurance Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 83% fall in the latest year. EBITDA fell 277% 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 Wizard Insurance Services Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | -₹1.54 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.69 Cr | •••• | •••• | •••• |
| 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 Wizard Insurance Services Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• |
| 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 Wizard Insurance Services are in the company report.
Financial statements from 2015
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 Wizard Insurance Services Private Limited
Wizard Insurance Services has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintalapudi Pradeep Also directs: Karvy Holdings Limited | Director | 30 Jul 2014 | 12 Years 2 Months | As last reported |
| Raghavender Varanasi | Director | 22 Jan 2019 | 7 Years 9 Months | As last reported |
Auditor Details of Wizard Insurance Services Private Limited
Wizard Insurance Services Private Limited is audited by B S K S & Co. for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S K S & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Wizard Insurance Services Private Limited
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 Wizard Insurance Services Private Limited
Wizard Insurance Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Wizard Insurance Services Private Limited
Employment history and EPFO contributions of people linked to Wizard Insurance Services.
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 Wizard Insurance Services Private Limited
Wizard Insurance Services Private Limited has 10 board changes on record since 2009: 2 appointments and 8 cessations. The latest: Raghavender Varanasi ceased to be Director on 06 Dec 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wizard Insurance Services Private Limited
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 Wizard Insurance Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Wizard Insurance Services Private Limited
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 Wizard Insurance Services Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Wizard Insurance Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Wizard Insurance Services Private Limited
Wizard Insurance Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Wizard Insurance Services was a private limited company based in Hyderabad, Telangana, India. The company worked in insurance and pension funding, within the insurance industry. It was incorporated on 17 May 2001 and is registered under CIN U66030TG2001PTC036744. The company has been struck off by the Registrar of Companies and is no longer operational.
Wizard Insurance Services had 2 directors:
- Chintalapudi Pradeep - Director
- Raghavender Varanasi - Director
The CIN (Corporate Identification Number) of Wizard Insurance Services is U66030TG2001PTC036744. 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 Wizard Insurance Services is at Mantri Celestia Tower – B Flat – 2306 8 – 2667 Gachibowli Financial District Nanakram, Guda, Hyderabad, Telangana, India – 500032.
Wizard Insurance Services was incorporated on 17 May 2001. It is registered with the Registrar of Companies, Hyderabad.
Wizard Insurance Services reported revenue of ₹23.63 Lakh for FY 2018 (down 83% YoY).
Wizard Insurance Services has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Wizard Insurance Services reported a net loss of ₹6.69 Cr and EBITDA of -₹1.54 Cr for FY 2018, as per its filed financial statements.
Wizard Insurance Services operated in the insurance industry, in the insurance and pension funding segment. It worked in this industry before it was struck off.