Watsonite Systems Private Limited

Provides contract staffing and temporary employment agency services.

2017 | Bangaluru, Karnataka (India) | Active
Last Updated: December 27, 2024

Watsonite Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.20 Cr
  • Revenue Growth -0.77%
  • Profit Growth -47.80%
  • Ebitda -50.21%
  • Net Worth 27.42%
  • Total Assets 2.81%

About Watsonite Systems

Watsonite Systems Private Limited (WSPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 September 2017 (Seven years and four months 6 days old ). Its registered office is in Bangaluru, Karnataka, 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 2023. 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 ₹2.20 Cr.

Harish Kumar and Amita Awasare serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2017PTC106751

  • Company No.

    106751

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Business Outsourcing

Who are the key members and board of directors at Watsonite Systems?

Board Members (2)

Name Designation Appointment Date Status
Amita Awasare Country flag representing In Director 27-Sep-2017 Current
Harish Kumar Country flag representing In Director 27-Sep-2017 Current

Financial Performance of Watsonite Systems.

Watsonite Systems Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.77% decrease. The company also saw a substantial fall in profitability, with a 47.8% decrease in profit. The company's net worth Soared by an impressive increase of 27.42%.

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
-0.77%
Revenue from Operations
-0.96%
Total Assets
2.81%
Profit or Loss
-47.80%
Net Worth
27.42%
EBITDA
-50.21%

What is the Ownership and Shareholding Structure of Watsonite Systems?

Unlock access to Watsonite Systems's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 2.20 Cr

Latest Charge Details

Date Lender Amount Status
25 Dec 2021 Standard Chartered Bank ₹1.10 Cr Open
13 Mar 2019 Standard Chartered Bank ₹1.10 Cr Open

How Many Employees Work at Watsonite Systems?

Watsonite Systems has a workforce of 232 employees as of Mar 30, 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 Watsonite Systems, 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 Watsonite Systems'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 Watsonite Systems

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Watsonite Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 11.00 M with Charge ID 100519876 was registered on 25 Dec 2021.

    25 Dec 2021

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 11.00 M with Charge ID 100246515 was registered on 13 Mar 2019.

    13 Mar 2019

  • Director Appointment

    Harish Mahadevaiah Kumar was appointed as a Director was appointed as a Director on 27 Sep 2017 & has been associated with this company since 7 years 4 months .

    27 Sep 2017

  • Director Appointment

    Amita Anil Awasare was appointed as a Director was appointed as a Director on 27 Sep 2017 & has been associated with this company since 7 years 4 months .

    27 Sep 2017

Frequently asked questions

  • Watsonite Systems Private Limited was incorporated on 27 Sep 2017.

  • The authorized share capital of Watsonite Systems Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Watsonite Systems Private Limited.

    • Harish Mahadevaiah Kumar
    • Amita Anil Awasare
  • As per Ministry of Corporate Affairs (Mca), the registered address of Watsonite Systems Private Limited is No 601 Brigade Rubix 20/53 6Th Floor H.M.T Layout, India, Bangalore, Karnataka, 560022.

  • The corporate identification number (CIN) of Watsonite Systems Private Limited is U74999KA2017PTC106751 and the company number is 106751 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Watsonite Systems Private Limited is https://www.watsonite.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Watsonite Systems Private Limited has fallen by -0.77%.

  • As Per 2023 financial reports, 232 employees are currently employed by Watsonite Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Watsonite Systems Private Limited has experienced an upsurge of 27.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Watsonite Systems Private Limited amount to ₹ 2.20 Cr.

  • The most recent Balance Sheet for Watsonite Systems Private Limited was filed with the ROC on 31 Mar 2023.