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Wolkus Technology Solutions Private Limited - information technology in Lucknow, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹35.51 Cr
▲ 89% YoY
Net loss · FY 2024
₹34.03 Cr
Net margin -95.8%
EBITDA · FY 2024
-₹32.52 Cr
EBITDA margin -91.6%
Authorised capital
₹13.35 Lakh
Registered with MCA
Paid-up capital
₹3.62 Lakh
Issued & subscribed
Open charges
₹18.45 Cr
Satisfied ₹10 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
105
Provident fund records
About Wolkus Technology Solutions Private Limited
Data last updated:
Wolkus Technology Solutions Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U72900UP2018PTC100161. Its GSTIN is 29AACCW1330L1Z8 (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹13.35 Lakh and a paid-up capital of ₹3.62 Lakh. It is led by directors including Shailendra Tiwari and Mohit Malhotra.
Its last annual general meeting (AGM) was held on 31 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ss – 95 Sector – N Aliganj, Lucknow, Uttar Pradesh, India – 226024.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.51 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net loss of ₹34.03 Cr (net margin -95.8%) and EBITDA of -₹32.52 Cr (EBITDA margin -91.6%). Revenue has grown at a compounded annual rate (CAGR) of 186% over three years and 182% over five years.
The company has about 105 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fasal. As per MCA filings, the company has open charges of ₹18.45 Cr and satisfied charges of ₹10 Cr on record. Court records list 19 cases involving the company, including 3 filed by the company and 16 filed against it; 4 cases are pending. The company has 19 deals on record (8 funding rounds, 5 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹164.73 Cr; the latest was in March 2025. The company has 2 MSME Form 1 returns on record between 2023 and 2024, listing 9 overdue payments to 7 micro and small suppliers.
Wolkus Technology Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0059835). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fasal.co.
Company details
CIN U72900UP2018PTC100161
Registration Number 100161
Incorporation Date 11 January 2018
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0059835
Recognitions & Rankings of Wolkus Technology Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0059835
Contact details
Wolkus Technology Solutions Private Limited's registered office is in Lucknow, Uttar Pradesh. Its website is fasal.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressSs – 95 Sector – N Aliganj, Lucknow, Uttar Pradesh, India – 226024
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Wolkus Technology Solutions Private Limited, buy the company report.
Comprehensive company report
Wolkus Technology Solutions Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Wolkus Technology Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Wolkus Technology Solutions Private Limited, buy the company report.
Financials of Wolkus Technology Solutions Private Limited
FY 2025 filings availableWolkus Technology Solutions Private Limited reported revenue of ₹35.51 Cr (up 89% YoY) for FY 2024.
Revenue · FY 2024
₹35.51 Cr ▲ 89%
Net loss · FY 2024
₹34.03 Cr margin -95.8%
EBITDA · FY 2024
-₹32.52 Cr margin -91.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 89%
3 years · compounded
▲ 186%
5 years · compounded
▲ 182%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 105%
5 years · compounded
▼ 122%
Revenue has grown at a compounded annual rate (CAGR) of 182% over five years, including 89% growth in the latest year. EBITDA fell 3% 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 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 | ₹35.51 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹32.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹34.03 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -91.6% | ||||
| Net Profit Margin | -95.8% | ||||
| 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 Wolkus Technology Solutions Private Limited, buy the company report.
Board of directors of Wolkus Technology Solutions Private Limited
Wolkus Technology Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra Tiwari | Director | 12 Nov 2018 | 8 Years 0 Months | Current |
| Mohit Malhotra | Director | 05 Jun 2025 | 1 Years 5 Months | Current |
| Ananda Prakash Verma | Director | 11 Jan 2018 | 8 Years 10 Months | Current |
Auditor
Wolkus Technology Solutions Private Limited is audited by Walker Chandiok & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co. LLP | FY 2024 | 001076N/N500013 |
Shareholding
The shareholding of Wolkus Technology Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wolkus Technology Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.45 Cr
Satisfied charges
₹10 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2026 | 101290210 | The Hongkong and Shanghai Banking Corporation Limited | ₹2.2 Cr | Open | |
| 27 Mar 2026 | 101267571 | Hdfc Bank Limited | ₹14.25 Cr | Open | |
| 19 Mar 2022 | 100564429 | Others | ₹2 Cr | Open | |
| 28 May 2024 | 100929408 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Wolkus Technology Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Wolkus Technology Solutions Private Limited has 19 deals on record (8 funding rounds, 5 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹164.73 Cr; the latest was in March 2025.
Total deals
19
Funding rounds
8
Convertible or debt financings
5
Secondary share transfers
3
Acquisition
1
Disclosed funding
₹164.73 Cr
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Acquisition | Undisclosed | Buyer: Innoterra India Private Limited Seller: Wolkus Technology Solutions Private Limited |
| Dec 2024 | Funding round | Undisclosed | Investors: Beyond Capital Ventures |
| Dec 2023 | Funding round · Series A | ₹87.85 Cr | Investors: TDK Ventures, British International Investment (CDC Group), 3One4 Capital |
| Nov 2023 | Debt financing | ₹3 Cr | Investors: ITI Growth Opportunities Fund |
| Nov 2021 | Funding round · Pre-Series A | ₹27.27 Cr | Investors: 3One4 Capital, Omnivore Partners, Wavemaker Partners |
To see the full deal history of Wolkus Technology Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Wolkus Technology Solutions Private Limited has 19 court cases on record: 3 filed by Wolkus Technology Solutions, 16 filed against it. 4 cases are pending and 15 are disposed.
Total cases
19
Filed by the company
3
Filed against the company
16
Pending
4
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 16 | 4 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Jagrawal Credits Pvt Ltd | Pending |
| District court, Central, Delhi | Commercial suit | Filed against the company by M/S Shiv Ratna Paper P. Ltd. | Disposed |
| District court, Thrissur, Kerala | Execution petition | Filed against the company by SML Finance Limited | Disposed |
| District court, Thrissur, Kerala | Civil suit | Filed against the company by SML Finance Limited | Disposed |
| District court, Sirmaur, Himachal Pradesh | Court case (Suit for Recovery) | Filed against the company by M/S Jasmer Bank Ltd Company | Pending |
To see the full case history of Wolkus Technology Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Wolkus Technology Solutions Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 9 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pulse Orbit Entertainment Private Limited | |||
| Verbly Integrated Communications Private Limited | |||
| Unisem Electronics Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Wolkus Technology Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Wolkus Technology Solutions Private Limited has a workforce of 105 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
105
Active EPFO establishments
1
Employee growth
-19.2%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 105 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Wolkus Technology Solutions Private Limited, buy the company report.
GST
Wolkus Technology Solutions has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW1330L1Z8 | Karnataka | Active | 19 Mar 2018 |
| 06AACCW1330L1ZG | Haryana | Active | 10 Feb 2023 |
| 36AACCW1330L1ZD | Telangana | Active | 30 May 2023 |
| 03AACCW1330L1ZM | Punjab | Active | 02 Nov 2023 |
To see the full GST registrations and return filing status of Wolkus Technology Solutions Private Limited, buy the company report.
Recent activity
Wolkus Technology Solutions Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Mohit Malhotra was appointed as Director on 05 Jun 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 220.00 Lakh with Charge ID 101290210 was registered on 27 Apr 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,425.00 Lakh with Charge ID 101267571 was registered on 27 Mar 2026.
AGM
Wolkus Technology Solutions Private Limited last Annual general meeting of members was held on 31 Dec 2025 as per latest MCA records.
Charges
A charge registered on 28 May 2024 via Charge ID 100929408 with Others was fully satisfied on 03 Jul 2025.
Appointed
Mohit Malhotra was appointed as Director.
Filing
Wolkus Technology Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh I.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 100929408 was registered on 28 May 2024.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 19 Mar 2022 with Charge ID 100564429 was modified on 25 Apr 2023.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100564429 was registered on 19 Mar 2022.
Ceased
Abhilash Kumar Sethi ceased to be Nominee Director.
Ceased
Mark Kahn ceased to be Nominee Director.
Ceased
Saurabh Tiwari ceased to be Director.
3 earlier events are in the company report.
News
From our blog
- Microsoft launches Agritech Accelerator08 Jun 2020
Frequently asked questions
Wolkus Technology Solutions is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 January 2018 (8+ years old) and is registered under CIN U72900UP2018PTC100161.
Wolkus Technology Solutions has 3 current directors:
- Shailendra Tiwari - Director
- Mohit Malhotra - Director
- Ananda Prakash Verma - Director
The latest financial statements of Wolkus Technology Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 December 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Wolkus Technology Solutions is 29AACCW1330L1Z8, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 06AACCW1330L1ZG (Haryana), 36AACCW1330L1ZD (Telangana), 03AACCW1330L1ZM (Punjab).
The CIN (Corporate Identification Number) of Wolkus Technology Solutions is U72900UP2018PTC100161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wolkus Technology Solutions has 19 court cases on record: 3 filed by the company and 16 filed against it. 4 are pending.
Wolkus Technology Solutions was incorporated on 11 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Wolkus Technology Solutions has 19 deals on record (8 funding rounds, 5 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹164.73 Cr; the latest was in March 2025.
Mohit Malhotra was appointed as Director on 05 Jun 2025. Abhilash Kumar Sethi ceased to be Nominee Director on 12 May 2021. Mark Kahn ceased to be Nominee Director on 18 Dec 2019. Wolkus Technology Solutions has 6 board changes on record in total.
Yes, Wolkus Technology Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Wolkus Technology Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0059835).
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