Whynot Innovations Private Limited

Provides software development, IT services, and consulting for various industries.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated:

Whynot Innovations Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 6 Months
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth -68.93%
  • Profit Growth 42.68%
  • Ebitda 109.88%
  • Net Worth -125.65%
  • Total Assets -21.20%

About Whynot Innovations

Whynot Innovations Private Limited (WIPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 August 2013 and has a history of 11 years and six months. 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 2020. 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, as per Ministry of Corporate Affairs (MCA) records.

Ashok Sitaram, Roshan Bajpe, and Dipthi Aashok 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

    U72200KA2013PTC070707

  • Company No.

    070707

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 2013

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Company report

Whynot Innovations Private Limited

Explore comprehensive data for Whynot Innovations Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Whynot Innovations?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashok Sitaram Country flag representing In Managing Director27-Aug-2013Current

Board Members (2)

NameDesignationAppointment DateStatus
Roshan Bajpe Country flag representing In Director 27-Aug-2013Current
Dipthi Aashok Country flag representing In Director 27-Aug-2013Current

Financial Performance of Whynot Innovations.

Whynot Innovations Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 68.93% decrease. The company also saw a substantial improvement in profitability, with a 42.68% increase in profit. The company's net worth observed a substantial decline by a decrease of 125.65%.

Whynot Innovations revenue growth over time
Whynot Innovations 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
-68.93%
Revenue from Operations
-68.40%
Total Assets
-21.20%
Profit or Loss
42.68%
Net Worth
-125.65%
EBITDA
109.88%

What is the Ownership and Shareholding Structure of Whynot Innovations?

In 2019, Whynot Innovations 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Whynot Innovations?

Unlock and access historical data on people associated with Whynot Innovations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Whynot Innovations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Whynot 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 Whynot Innovations's trajectory.

Rating

Graph displaying rating trends over time

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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 Whynot Innovations

Recent activity within the organization

  • Annual General Meeting

    Whynot Innovations Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

  • Balance Sheet

    Whynot Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.

  • Director Appointment

    Ashok Yaraganal Sitaram was appointed as a Managing Director was appointed as a Managing Director on 27 Aug 2013 & has been associated with this company since 11 years 6 months .

  • Director Appointment

    Roshan Salian Bajpe was appointed as a Director was appointed as a Director on 27 Aug 2013 & has been associated with this company since 11 years 6 months .

  • Director Appointment

    Dipthi Aashok was appointed as a Director was appointed as a Director on 27 Aug 2013 & has been associated with this company since 11 years 6 months .

  • Company Incorporation

    Whynot Innovations Private Limited was registered on 27 Aug 2013 with Roc Bangalore & aged 11 years 6 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Whynot Innovations Private Limited?

    Whynot Innovations Private Limited was incorporated on 27 Aug 2013.

  • What is authorized share capital and paid-up capital of Whynot Innovations Private Limited?

    The authorized share capital of Whynot Innovations Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Whynot Innovations Private Limited?

    Currently 3 directors are associated with Whynot Innovations Private Limited.

    • Ashok Yaraganal Sitaram
    • Roshan Salian Bajpe
    • Dipthi Aashok
  • What is the registered address of Whynot Innovations Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Whynot Innovations Private Limited is No-233 Chandralokheights 12Thacross 1Stamainroad 2Ndstage Wocroad, Ra Jajinagar India, Bangalore, Karnataka, 560086.

  • What is the corporate identification number (CIN) and company number of Whynot Innovations Private Limited?

    The corporate identification number (CIN) of Whynot Innovations Private Limited is U72200KA2013PTC070707 and the company number is 070707 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Whynot Innovations Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Whynot Innovations Private Limited has fallen by -68.93%.

  • What change has been observed in the net worth of Whynot Innovations Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Whynot Innovations Private Limited has experienced an downturn of -125.65%.

  • When was the last Balance Sheet of Whynot Innovations Private Limited filed with the ROC?

    The most recent Balance Sheet for Whynot Innovations Private Limited was filed with the ROC on 31 Mar 2020.

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