Wardwizard Solutions India Private Limited

Manufactures electric bikes and bicycles under 'Joy E-Bike' and 'VYOM Innovation' brands.

2016 | Vadodara, Gujarat (India) | Active
Last Updated: July 17, 2024

Wardwizard Solutions India Profile

Key Indicators

  • Authorised Capital ₹ 302.35 Cr
  • Paid Up Capital ₹ 269.49 Cr
  • Company Age 8 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 132.56 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth -19.04%
  • Profit Growth -1363.44%
  • Ebitda -446.17%
  • Net Worth 340.63%
  • Total Assets 100.79%

About Wardwizard Solutions India

Wardwizard Solutions India Private Limited (WSIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 14 March 2016 (Eight years and ten months 18 days old ). Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Automotive 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 302.35 Cr and a paid-up capital of Rs 269.49 Cr.

The company currently has active open charges totaling ₹132.56 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Wardwizard Solutions India Private Limited India is Kashish Purohit as COMPANY SECRETARY. Yatin Gupte and Sanjay Gupte serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900GJ2016PTC086439

  • Company No.

    086439

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

What products or services does Wardwizard Solutions India Private Limited offer?

Wardwizard Solutions India Private Limited offers a wide range of products and services, including Kids, Racing Bicycles and Rickshaws, Bicycle, Sports Bicycles, Water Treatment & Purification Plant, Water Purification Plants, E Vehicles, Electric Two Wheelers, Parts And Kits.

Who are the key members and board of directors at Wardwizard Solutions India?

Executive Team (1)

NameDesignationAppointment DateStatus
Kashish Purohit Company Secretary19-Apr-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Yatin Gupte Country flag representing In Director 14-Mar-2016Current
Sanjay Gupte Country flag representing In Director 27-Nov-2018Current

Financial Performance of Wardwizard Solutions India.

Wardwizard Solutions India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.04% decrease. The company also saw a substantial fall in profitability, with a 1363.44% decrease in profit. The company's net worth Soared by an impressive increase of 340.63%.

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
-19.04%
Revenue from Operations
-18.56%
Total Assets
100.79%
Profit or Loss
-1363.44%
Net Worth
340.63%
EBITDA
-446.17%

What is the Ownership and Shareholding Structure of Wardwizard Solutions India?

In 2023, Wardwizard Solutions India 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

₹132.56 Cr

Satisfied Charges

₹1.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 91.82 Cr
  • Others : 35.93 Cr
  • Axis Bank Limited : 4.81 Cr

Latest Charge Details

DateLenderAmountStatus
14 Dec 2023Hdfc Bank Limited₹70.00 CrOpen
23 Oct 2023Hdfc Bank Limited₹21.82 CrOpen
05 Jun 2023Others₹1.65 CrOpen
23 Dec 2022Others₹4.28 CrOpen
08 Aug 2022Axis Bank Limited₹2.21 CrOpen

How Many Employees Work at Wardwizard Solutions India?

Wardwizard Solutions India has a workforce of 414 employees as of Mar 28, 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 Wardwizard Solutions India, 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 Wardwizard Solutions India'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 Wardwizard Solutions India

Recent activity within the organization

  • Director Appointment

    Kashish Arjunbhai Purohit was appointed as a Company Secretary was appointed as a Company Secretary on 19 Apr 2024 & has been associated with this company since 9 months 13 days .

    19 Apr 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 70.00 Cr with Charge ID 100848005 was registered on 14 Dec 2023.

    14 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 21.82 Cr with Charge ID 100865168 was registered on 23 Oct 2023.

    23 Oct 2023

  • Annual General Meeting

    Wardwizard Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 17 Mar 2022 with Charge ID 100558885 was modified on 27 Jun 2023.

    27 Jun 2023

  • Charges

    A charge with Others amounted to Rs. 1.65 Cr with Charge ID 100734135 was registered on 05 Jun 2023.

    05 Jun 2023

Frequently asked questions

  • Wardwizard Solutions India Private Limited was incorporated on 14 Mar 2016.

  • The authorized share capital of Wardwizard Solutions India Private Limited is ₹ 302.35 Cr and paid-up capital is ₹ 269.49 Cr.

  • Currently 3 directors are associated with Wardwizard Solutions India Private Limited.

    • Yatin Sanjay Gupte
    • Sanjay Mahadev Gupte
    • Kashish Arjunbhai Purohit
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wardwizard Solutions India Private Limited is Shed No.C- 222 Gidc Makarpura Industrial Estate, Vadodara, Gujarat, India, 390010.

  • The corporate identification number (CIN) of Wardwizard Solutions India Private Limited is U74900GJ2016PTC086439 and the company number is 086439 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wardwizard Solutions India Private Limited is https://www.wardwizard.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wardwizard Solutions India Private Limited has fallen by -19.04%.

  • As Per 2023 financial reports, 414 employees are currently employed by Wardwizard Solutions India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wardwizard Solutions India Private Limited has experienced an upsurge of 340.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Wardwizard Solutions India Private Limited amount to ₹ 132.56 Cr.

  • The most recent Balance Sheet for Wardwizard Solutions India Private Limited was filed with the ROC on 31 Mar 2023.

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