Wisig Networks Private Limited

Develops 5G mobile products and solutions, including base stations and UE products.

2016 | Hyderabad, Telangana (India) | Active
Last Updated: July 26, 2024

Wisig Networks Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.94 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.20 Cr
  • Revenue Growth -61.79%
  • Profit Growth -93.87%
  • Ebitda -82.91%
  • Net Worth 5.67%
  • Total Assets 237.80%

About Wisig Networks

Wisig Networks Private Limited (WNPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 21 July 2016 (Eight years and six months 25 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Telecom 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 2.00 M and a paid-up capital of Rs 0.94 M.

The company currently has active open charges totaling ₹2.20 Cr.

Kiran Kuchi, Venkataramaiah Kuchi, and Srujana Tiruveedhi serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    wisig.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2016PTC111037

  • Company No.

    111037

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Telecom

Who are the key members and board of directors at Wisig Networks?

Executive Team (1)

Name Designation Appointment Date Status
Srujana Tiruveedhi Country flag representing In Managing Director 26-Dec-2017 Current

Board Members (2)

Name Designation Appointment Date Status
Kiran Kuchi Country flag representing In Director 21-Jul-2016 Current
Venkataramaiah Kuchi Country flag representing In Director 21-Jul-2016 Current

Financial Performance of Wisig Networks.

Wisig Networks Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 61.79% decrease. The company also saw a substantial fall in profitability, with a 93.87% decrease in profit. The company's net worth moved up by a moderate rise of 5.67%.

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
-61.79%
Revenue from Operations
-62.02%
Total Assets
237.80%
Profit or Loss
-93.87%
Net Worth
5.67%
EBITDA
-82.91%

What is the Ownership and Shareholding Structure of Wisig Networks?

In 2023, Wisig Networks had a public holding of 11.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • United Bank Of India : 2.20 Cr

Latest Charge Details

Date Lender Amount Status
19 Sep 2022 United Bank Of India ₹2.20 Cr Open

How Many Employees Work at Wisig Networks?

Wisig Networks has a workforce of 61 employees as of Jul 23, 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 Wisig Networks, 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 Wisig Networks'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 Wisig Networks

Recent activity within the organization

  • Charges

    A charge with United Bank Of India of Rs. 22.00 M registered on 19 Sep 2022 with Charge ID 100615237 was modified on 12 Jan 2024.

    12 Jan 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Wisig Networks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with United Bank Of India amounted to Rs. 22.00 M with Charge ID 100615237 was registered on 19 Sep 2022.

    19 Sep 2022

  • Director Appointment

    Srujana Tiruveedhi was appointed as a Managing Director was appointed as a Managing Director on 26 Dec 2017 & has been associated with this company since 7 years 1 month .

    26 Dec 2017

  • Director Appointment

    Kiran Kumar Kuchi was appointed as a Director was appointed as a Director on 21 Jul 2016 & has been associated with this company since 8 years 6 months .

    21 Jul 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Wisig Networks Private Limited was incorporated on 21 Jul 2016.

  • The authorized share capital of Wisig Networks Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.94 M.

  • Currently 3 directors are associated with Wisig Networks Private Limited.

    • Kiran Kumar Kuchi
    • Venkataramaiah Choudary Kuchi
    • Srujana Tiruveedhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wisig Networks Private Limited is 604Turquoise BlockMy Home Jewel Madinaguda, Hyderabad, Telangana, India, 500049.

  • The corporate identification number (CIN) of Wisig Networks Private Limited is U74999TG2016PTC111037 and the company number is 111037 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wisig Networks Private Limited is https://www.wisig.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wisig Networks Private Limited has fallen by -61.79%.

  • As Per 2023 financial reports, 61 employees are currently employed by Wisig Networks Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wisig Networks Private Limited has experienced an upsurge of 5.67%.

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

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