Wits Interactive Private Limited

Provides application development, advertising, branding, and designing services to various clients.

2003 | Mumbai, Maharashtra (India) | Active
Last Updated: December 19, 2024

Wits Interactive Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.26 M
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.25 Cr
  • Satisfied Charges ₹ 1.50 M
  • Revenue Growth -20.06%
  • Profit Growth -46.97%
  • Ebitda -69.87%
  • Net Worth 3.27%
  • Total Assets 17.43%

About Wits Interactive

Wits Interactive Private Limited (WIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 June 2003 and has a history of 21 years and seven months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.26 M.

The company currently has active open charges totaling ₹2.25 Cr. The company has closed loans amounting to ₹1.50 M, as per Ministry of Corporate Affairs (MCA) records.

Hiteshkumar Jain, Champalal Jain, and Vinodkumar Jain serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900MH2003PTC141091

  • Company No.

    141091

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jun 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Wits Interactive Private Limited offer?

Wits Interactive Private Limited offers a wide range of products and services, including Call Centre & Customer Care Services, Help Desk Services, Event Management Services, Research and Development (R&D) Work, Product Development Research, Online Brand Building Services, Branding Design Services.

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

Board Members (3)

NameDesignationAppointment DateStatus
Hiteshkumar Jain Country flag representing In Director 27-Jun-2003Current
Champalal Jain Country flag representing In Director 27-Jun-2003Current
Vinodkumar Jain Country flag representing In Director 27-Jun-2003Current

Financial Performance of Wits Interactive.

Wits Interactive Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 20.06% decrease. The company also saw a substantial fall in profitability, with a 46.97% decrease in profit. The company's net worth moved up by a moderate rise of 3.27%.

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
-20.06%
Revenue from Operations
-21.50%
Total Assets
17.43%
Profit or Loss
-46.97%
Net Worth
3.27%
EBITDA
-69.87%

What is the Ownership and Shareholding Structure of Wits Interactive?

In 2020, Wits Interactive 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

₹22.49 M

Satisfied Charges

₹1.50 M

Charges Breakdown by Lending Institutions

  • Others : 2.25 Cr

Latest Charge Details

DateLenderAmountStatus
14 Sep 2020Others₹2.49 MOpen
17 Oct 2007Others₹2.00 CrOpen
19 Oct 2006Dena Bank₹1.50 MSatisfied

How Many Employees Work at Wits Interactive?

Wits Interactive has a workforce of 4 employees as of Mar 31, 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 Wits Interactive, 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 Interactive'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 Interactive

Recent activity within the organization

  • Annual General Meeting

    Wits Interactive Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Wits Interactive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.49 M with Charge ID 100377672 was registered on 14 Sep 2020.

    14 Sep 2020

  • Charges

    A charge with Others of Rs. 20.00 M registered on 17 Oct 2007 with Charge ID 10091810 was modified on 08 Aug 2019.

    08 Aug 2019

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 10091810 was registered on 17 Oct 2007.

    17 Oct 2007

  • Charges

    A charge registered on 19 Oct 2006 via Charge ID 10024192 with Dena Bank was fully satisfied on 17 Oct 2007.

    17 Oct 2007

Frequently asked questions

  • Wits Interactive Private Limited was incorporated on 27 Jun 2003.

  • The authorized share capital of Wits Interactive Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.26 M.

  • Currently 3 directors are associated with Wits Interactive Private Limited.

    • Hiteshkumar Champalal Jain
    • Champalal Mangilal Jain
    • Vinodkumar Champalal Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wits Interactive Private Limited is 76 Govt Industrial Estatecharkop Kandivali (West) India, Mumbai, Maharashtra, 400067.

  • The corporate identification number (CIN) of Wits Interactive Private Limited is U72900MH2003PTC141091 and the company number is 141091 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wits Interactive Private Limited is https://www.witsindia.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Wits Interactive Private Limited has fallen by -20.06%.

  • As Per 2020 financial reports, 4 employees are currently employed by Wits Interactive Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Wits Interactive Private Limited has experienced an upsurge of 3.27%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Wits Interactive Private Limited amount to ₹ 2.25 Cr.

  • The most recent Balance Sheet for Wits Interactive Private Limited was filed with the ROC on 31 Mar 2024.