About Wiznet India Private Limited
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Wiznet India Private Limited was a foreign private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Wiznet Co., Ltd. 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 November 2018.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018FTC118915. Its GSTIN is 29AACCW3219Q1ZQ (Karnataka).
The company had an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹2.1 Cr. It was led by directors Jae Won Lee and Geun Hyeong Lee.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at No. 7M – 211 2nd Floor 80Ft Road Kalyan Nagar Hrbr Layout 2nd Block, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2023, the company reported a revenue of ₹89.36 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.1 Cr (net margin -122.8%) and EBITDA of -₹1.05 Cr (EBITDA margin -117%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years.
The last known website on record is wiznet.io.
Company details
Contact details
Wiznet India Private Limited's registered office is in Bangalore, Karnataka. Its website is wiznet.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 7M – 211 2nd Floor 80Ft Road Kalyan Nagar Hrbr Layout 2nd Block, Bangalore, Karnataka, India – 560043
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Wiznet 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
Business activity
The main business activity of Wiznet India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Wiznet India Private Limited, buy the company report.
Financials of Wiznet India Private Limited
FY 2023 filings availableWiznet India Private Limited reported revenue of ₹89.36 Lakh (up 1035% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 37% over three years. EBITDA rose 18% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹1.05 Cr | ||||
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| Net Profit (PAT) | -₹1.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -117% | ||||
| Net Profit Margin | -122.8% | ||||
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To see the full financial statements and ratios of Wiznet India Private Limited, buy the company report.
Board of directors of Wiznet India Private Limited
Wiznet India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jae Won Lee | Director | 14 Apr 2021 | 5 Years 6 Months | As last reported |
| Geun Hyeong Lee | Director | 28 Nov 2018 | 7 Years 11 Months | As last reported |
Peer comparison
Wiznet India Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Coense Solutions Private Limited | ₹89.83 Lakh (FY 2024) | -17.0% | Mumbai, Maharashtra, India | |||
| Starmoon Consulting Services Private Limited | ₹89.6 Lakh (FY 2024) | -18.0% | Hisar, Haryana, India | |||
| Wiznet India Private Limitedthis company | ₹89.36 Lakh (FY 2023) | -₹1.1 Cr | -122.8% | 1035.0% | Bangalore, Karnataka, India | |
| Calibyte Private Limited | ₹89.2 Lakh (FY 2025) | 592.0% | Kurukshetra, Haryana, India | |||
| Cunomial Technologies Private Limited | ₹88.94 Lakh (FY 2024) | 64.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Wiznet India Private Limited, buy the company report.
Auditor
Wiznet India Private Limited is audited by Hemanth Jain and Associates for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hemanth Jain and Associates | FY 2021 | 018437S |
Shareholding
The shareholding of Wiznet 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 Wiznet India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wiznet 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 Wiznet India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wiznet India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW3219Q1ZQ | Karnataka | Active | 26 Jan 2019 |
To see the full GST registrations and return filing status of Wiznet India Private Limited, buy the company report.
Recent activity
Wiznet India Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Bohyun Bang ceased to be Director on 06 Apr 2022.
Frequently asked questions
Wiznet India 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.
Wiznet India was a foreign private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 28 November 2018 and is registered under CIN U74999KA2018FTC118915. The company has been struck off by the Registrar of Companies and is no longer operational.
Wiznet India had 2 directors:
- Jae Won Lee - Director
- Geun Hyeong Lee - Director
The CIN (Corporate Identification Number) of Wiznet India is U74999KA2018FTC118915. 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 Wiznet India is at No. 7M – 211 2nd Floor 80Ft Road Kalyan Nagar Hrbr Layout 2nd Block, Bangalore, Karnataka, India – 560043.
Wiznet India was incorporated on 28 November 2018. It is registered with the Registrar of Companies, Bangalore.
Wiznet India can be reached through the website wiznet.io. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Wiznet India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Wiznet India is 29AACCW3219Q1ZQ, registered in Karnataka.
Wiznet India operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
The peers of Wiznet India by revenue are Coense Solutions Private Limited, Starmoon Consulting Services Private Limited, Calibyte Private Limited, Cunomial Technologies Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (other professional, scientific and technical activities).
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