Research Wallet Services Private Limited

IT company providing application development, research data management, and editorial services since 2014.

2014 | Rangareddy, Telangana (India) | Active
Last Updated: December 25, 2024

Research Wallet Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 10 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.60 Cr
  • Revenue Growth -20.60%
  • Profit Growth -31.66%
  • Ebitda -23.88%
  • Net Worth 19.58%
  • Total Assets -12.92%

About Research Wallet Services

Research Wallet Services Private Limited (RWSPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 December 2014 and has a history of Ten years and one month. Its registered office is in Rangareddy, Telangana, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.60 Cr.

Uppalapu Reddy and Khalid Mohamed serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900TG2014PTC097002

  • Company No.

    097002

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Dec 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Research Wallet Services?

Board Members (2)

Name Designation Appointment Date Status
Uppalapu Reddy Country flag representing In Director 04-May-2016 Current
Khalid Mohamed Country flag representing In Director 26-Dec-2014 Current

Financial Performance of Research Wallet Services.

Research Wallet Services Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 20.6% decrease. The company also saw a substantial fall in profitability, with a 31.66% decrease in profit. The company's net worth Soared by an impressive increase of 19.58%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-20.60%
Revenue from Operations
-20.60%
Total Assets
-12.92%
Profit or Loss
-31.66%
Net Worth
19.58%
EBITDA
-23.88%

What is the Ownership and Shareholding Structure of Research Wallet Services?

In 2020, Research Wallet Services 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 Indicator graph

Charges (Loans)

Open Charges

₹16.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.60 Cr

Latest Charge Details

Date Lender Amount Status
15 Sep 2021 Axis Bank Limited ₹8.00 M Open
17 Jun 2021 Axis Bank Limited ₹8.00 M Open

How Many Employees Work at Research Wallet Services?

Research Wallet Services has a workforce of 5 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Research Wallet Services, 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 Research Wallet Services'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.

Latest Updates, News, and FAQs on Research Wallet Services

Recent activity within the organization

  • Annual General Meeting

    Research Wallet Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Research Wallet Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.00 M with Charge ID 100496781 was registered on 15 Sep 2021.

    15 Sep 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.00 M with Charge ID 100484420 was registered on 17 Jun 2021.

    17 Jun 2021

  • Director Appointment

    Uppalapu Navaneeth Reddy was appointed as a Director was appointed as a Director on 04 May 2016 & has been associated with this company since 8 years 8 months .

    04 May 2016

  • Director Appointment

    Khalid Mohamed was appointed as a Director was appointed as a Director on 26 Dec 2014 & has been associated with this company since 10 years 1 month .

    26 Dec 2014

Frequently asked questions

  • Research Wallet Services Private Limited was incorporated on 26 Dec 2014.

  • The authorized share capital of Research Wallet Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Research Wallet Services Private Limited.

    • Uppalapu Navaneeth Reddy
    • Khalid Mohamed
  • As per Ministry of Corporate Affairs (Mca), the registered address of Research Wallet Services Private Limited is Ground Floor South Tower Of Phase I Bar Building Wave Rock Building Tsiic It/Ties Sez, Na Nakramguda India, Hyderabad, Telangana, 500008.

  • The corporate identification number (CIN) of Research Wallet Services Private Limited is U74900TG2014PTC097002 and the company number is 097002 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Research Wallet Services Private Limited is https://www.researchwallet.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Research Wallet Services Private Limited has fallen by -20.60%.

  • As Per 2020 financial reports, 5 employees are currently employed by Research Wallet Services Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Research Wallet Services Private Limited has experienced an upsurge of 19.58%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Research Wallet Services Private Limited amount to ₹ 1.60 Cr.

  • The most recent Balance Sheet for Research Wallet Services Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Application Development & Software Solutions