Wits Solutions Private Limited

IT company providing software development, testing, web design, mobile app development, and digital marketing services.

2014 | Bangalore, Karnataka (India) | Inactive
Last Updated: April 22, 2024

Wits Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 1 Month
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth 139.35%
  • Profit Growth -20.06%
  • Ebitda -14.18%
  • Net Worth -152.15%
  • Total Assets -40.50%

About Wits Solutions

Wits Solutions Private Limited (WSPL) is Strike Off company established on 22 Jan 2014 with its office registered at Bangalore, Karnataka, India and has been running since 11 Year, 1 Month with a paid up capital of 0.10 M. According to MCA records, 2 Directors are linked to this company as of 22 Apr 2024.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    witssolutions.co

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2014PTC073170

  • Company No.

    073170

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jan 2014

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

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

Board Members (2)

NameDesignationAppointment DateStatus
Amit Garg Country flag representing In Nominee Director 17-Jul-2017Current
Ashwani Singh Country flag representing In Nominee Director 22-Jan-2014Current

Financial Performance of Wits Solutions.

Wits Solutions Private Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 139.35% increase. The company also saw a substantial fall in profitability, with a 20.06% decrease in profit. The company's net worth observed a substantial decline by a decrease of 152.15%.

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
139.35%
Revenue from Operations
137.68%
Total Assets
-40.50%
Profit or Loss
-20.06%
Net Worth
-152.15%
EBITDA
-14.18%

What is the Ownership and Shareholding Structure of Wits Solutions?

In 2017, Wits Solutions 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 Solutions?

Unlock and access historical data on people associated with Wits Solutions, 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 Solutions, 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 Solutions'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 Solutions

Recent activity within the organization

  • Annual General Meeting

    Wits Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Wits Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Bangalore.

    31 Mar 2019

  • Director Appointment

    Amit Garg was appointed as a Nominee Director was appointed as a Nominee Director on 17 Jul 2017 & has been associated with this company since 7 years 7 months .

    17 Jul 2017

  • Director Appointment

    Ashwani Kumar Singh was appointed as a Nominee Director was appointed as a Nominee Director on 22 Jan 2014 & has been associated with this company since 11 years 1 month .

    22 Jan 2014

  • Company Incorporation

    Wits Solutions Private Limited was registered on 22 Jan 2014 with Roc Bangalore & aged 11 years 1 month as per MCA records.

    22 Jan 2014

Frequently asked questions

  • Wits Solutions Private Limited was incorporated on 22 Jan 2014.

  • The authorized share capital of Wits Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

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

    • Amit Garg
    • Ashwani Kumar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wits Solutions Private Limited is 251/62 Aishwarya Towers 9Th Main, 43Rd Cross 5Th Block, Bangalore, Karnataka, India, 560041.

  • The corporate identification number (CIN) of Wits Solutions Private Limited is U72200KA2014PTC073170 and the company number is 073170 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wits Solutions Private Limited is https://www.witssolutions.co

  • According to the financial reports for the fiscal year 2015, the revenue trend for Wits Solutions Private Limited has risen by 139.35%.

  • The financial reports for the fiscal year 2015 indicates that The net worth of Wits Solutions Private Limited has experienced an downturn of -152.15%.

  • The most recent Balance Sheet for Wits Solutions Private Limited was filed with the ROC on 31 Mar 2019.

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