Wits Exports Private Limited

Trading yarn and fabric since 2017, based in Mumbai, Maharashtra.

2017 | Mumbai, Maharashtra (India) | Active
Last Updated: January 09, 2025

Wits Exports Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 8 Year, 1 Month
  • Last Filing with ROC 31 Mar 2020
  • Revenue Growth %
  • Profit Growth -219.27%
  • Ebitda 95.62%
  • Net Worth -9.16%
  • Total Assets -2.87%

About Wits Exports

Wits Exports Private Limited (WEPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 January 2017 (Eight years and one month 5 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Wits Ai Services Private Limited. The Company is engaged in the Home & Lifestyle 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 1.00 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Vinod Tanna and Dharmendra Palan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51100MH2017PTC289194

  • Company No.

    289194

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jan 2017

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

Who are the key members and board of directors at Wits Exports?

Board Members (2)

Name Designation Appointment Date Status
Vinod Tanna Country flag representing In Director 24-Nov-2020 Current
Dharmendra Palan Country flag representing In Director 28-Jun-2019 Current

Financial Performance of Wits Exports.

Wits Exports Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 219.27% decrease in profit. The company's net worth dipped by a decrease of 9.16%.

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
Revenue from Operations
Total Assets
-2.87%
Profit or Loss
-219.27%
Net Worth
-9.16%
EBITDA
95.62%

What is the Ownership and Shareholding Structure of Wits Exports?

In 2020, Wits Exports 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 Wits Exports?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wits Exports, 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 Wits Exports'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 Wits Exports

Recent activity within the organization

  • Annual General Meeting

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

    31 Dec 2020

  • Director Appointment

    Vinod Visanji Tanna was appointed as a Director was appointed as a Director on 24 Nov 2020 & has been associated with this company since 4 years 2 months .

    24 Nov 2020

  • Balance Sheet

    Wits Exports Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.

    31 Mar 2020

  • Director Appointment

    Dharmendra Mangaldas Palan was appointed as a Director was appointed as a Director on 28 Jun 2019 & has been associated with this company since 5 years 7 months .

    28 Jun 2019

  • Company Incorporation

    Wits Exports Private Limited was registered on 02 Jan 2017 with Roc Mumbai & aged 8 years 1 month as per MCA records.

    02 Jan 2017

Frequently asked questions

  • Wits Exports Private Limited was incorporated on 02 Jan 2017.

  • The authorized share capital of Wits Exports Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Wits Exports Private Limited.

    • Vinod Visanji Tanna
    • Dharmendra Mangaldas Palan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wits Exports Private Limited is A-203 Park Royale M Malviya Road, Mulund West India, Mumbai, Maharashtra, 400080.

  • The corporate identification number (CIN) of Wits Exports Private Limited is U51100MH2017PTC289194 and the company number is 289194 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Wits Exports Private Limited has experienced an downturn of -9.16%.

  • The most recent Balance Sheet for Wits Exports Private Limited was filed with the ROC on 31 Mar 2020.

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