Wakefit Innovations Profile
Key Indicators
- Authorised Capital ₹ 29.81 Cr
- Paid Up Capital ₹ 20.28 Cr
- Company Age 8 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 241.01 Cr
- Revenue Growth 28.83%
- Profit Growth -43.15%
- Ebitda 1.73%
- Net Worth 46.03%
- Total Assets 73.72%
About Wakefit Innovations
Wakefit Innovations Private Limited (WIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 01 March 2016 (Eight years and 11 months 1 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Consumer Goods Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 29.81 Cr and a paid-up capital of Rs 20.28 Cr.
The company currently has active open charges totaling ₹241.01 Cr.
The Key Managerial Personnel (KMP) at Wakefit Innovations Private Limited India is Anil Arya as CFO. Chaitanya Ramalingegowda, Varun Laul, Sakshi Chopra, and Two other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U52590KA2016PTC086582
- Company No.
086582
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Mar 2016
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Wakefit Innovations Private Limited offer?
Wakefit Innovations Private Limited offers a wide range of products and services, including Bed Linen & Bedspreads, Bed Sheets, PU Foam, Coir & Jute Mattresses, Bed Mattress, Duvets & Comforters, Physiotherapy & Rehab Aids, Rehab Cushions, Cushion & Cushion Covers, Cushions, Household Furniture.
Who are the key members and board of directors at Wakefit Innovations?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anil Arya | CFO | 25-Jul-2023 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sakshi Chopra  | Nominee Director | 19-Dec-2018 | Current |
| Chaitanya Ramalingegowda | Director | 01-Mar-2016 | Current |
| Ankit Garg | Director | 01-Mar-2016 | Current |
| Varun Laul | Nominee Director | 01-Feb-2023 | Current |
| Arjun Anand | Nominee Director | 21-Jul-2021 | Current |
Financial Performance of Wakefit Innovations.
Wakefit Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.83% increase. The company also saw a substantial fall in profitability, with a 43.15% decrease in profit. The company's net worth Soared by an impressive increase of 46.03%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Wakefit Innovations?
In 2023, Wakefit Innovations had a promoter holding of 92.04% and a public holding of 7.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Drums Food International Private LimitedArjun Anand is a mutual person
Busybees Logistics Solutions Private LimitedVarun Laul is a mutual person
Indigo Paints LimitedSakshi Chopra is a mutual person
Cxio Technologies Private LimitedVarun Laul is a mutual person
Credavenue Private LimitedSakshi Chopra is a mutual person
Hathway Digital LimitedVarun Laul is a mutual person
Charges (Loans)
₹241.01 Cr
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 110.00 Cr
- Others : 50.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 40.00 Cr
- Yes Bank Limited : 26.00 Cr
- Axis Bank Limited : 15.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Mar 2024 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 22 Dec 2022 | Axis Bank Limited | ₹15.00 Cr | Open |
| 03 Jun 2022 | The Hongkong And Shanghai Banking Corporation Limited | ₹40.00 Cr | Open |
| 29 Nov 2021 | Yes Bank Limited | ₹26.00 Cr | Open |
| 22 Jul 2021 | Axis Bank Limited | ₹0.10 M | Open |
How Many Employees Work at Wakefit Innovations?
Wakefit Innovations has a workforce of 1616 employees as of Nov 20, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Wakefit Innovations, 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 Wakefit Innovations's trajectory.
Rating
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
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.
