Wits Innovation Lab Llp

IT and software services, mobile app development, outsourcing, and education.

2019 | Mohali, Punjab (India) | Active
Last Updated: January 19, 2024

Wits Innovation Lab Llp Profile

Key Indicators

  • Obligation of Contribution ₹ 0.10 M
  • Company Age 5 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 600.37%
  • Profit Growth 905.63%
  • Ebitda 597.09%
  • Total Assets 244.31%

About Wits Innovation Lab Llp

Wits Innovation Lab Llp (WILL) is 5 Year, 9 Months old Limited Liability Partnership 12 April 2019. Its registered office is in Mohali, Punjab, India.

The LLP status is Active, and it has filed its Accounts and Solvency Statement up to 31 Mar 2023 (FY 2022-2023). It's Total Obligation of Contribution is Rs 0.10 M as per MCA.

Company Details

  • Location

    Mohali, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN/FCRN

    AAO-8846

  • Incorporation Date

    12 Apr 2019

  • Date of Accounts and Solvency Statement

    31 Mar 2023

  • ROC Code

    Roc-Chandigarh

  • Company Classification

    Limited Liability Partnership

Industry

Information Technology

Who are the key members and board of directors at Wits Innovation Lab Llp?

Designated Partners (2)

Name Designation Appointment Date Status
Anshul Country flag representing In Designated Partner 12-Apr-2019 Current
Harkiran Kaur Country flag representing In Designated Partner 12-Apr-2019 Current

Financial Performance of Wits Innovation Lab Llp.

Wits Innovation Lab Llp, for the financial year ended 2021, experienced significant growth in revenue, with a 600.37% increase. The company also saw a substantial improvement in profitability, with a 905.63% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
600.37%
Revenue from Operations
599.05%
Total Assets
244.31%
Profit or Loss
905.63%
Net Worth
EBITDA
597.09%

What is the Ownership and Shareholding Structure of Wits Innovation Lab Llp?

Unlock access to Wits Innovation Lab Llp's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no Open Charges registered against the LLP as per our records.

How Many Employees Work at Wits Innovation Lab Llp?

Wits Innovation Lab Llp has a workforce of 42 employees as of Mar 28, 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 Innovation Lab Llp, 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 Innovation Lab Llp's trajectory.

Rating

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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 Innovation Lab Llp

Recent activity within the organization

  • Statement of Assets & Liabilities

    Wits Innovation Lab Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Chandigarh.

    31 Mar 2023

  • Director Appointment

    Anshul was appointed as a Designated Partner was appointed as a Designated Partner on 12 Apr 2019 & has been associated with this company since 5 years 9 months .

    12 Apr 2019

  • Director Appointment

    Harkiran Kaur was appointed as a Designated Partner was appointed as a Designated Partner on 12 Apr 2019 & has been associated with this company since 5 years 9 months .

    12 Apr 2019

  • LLP Incorporation

    Wits Innovation Lab Llp was registered on 12 Apr 2019 with RoC-Chandigarh & aged 5 years 9 months as per MCA records.

    12 Apr 2019

Frequently asked questions

  • Wits Innovation Lab Llp was incorporated on 12 Apr 2019.

  • The Obligation of Contribution of Wits Innovation Lab Llp is ₹ 0.10 M.

  • Currently 2 partners are associated with Wits Innovation Lab Llp.

    • Anshul
    • Harkiran Kaur
    AnshulHarkiran Kaur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wits Innovation Lab Llp is 2A 1St Floor Star Homes, Near City Heart Kharar, Mohali, Punjab, India, 140301.

  • The Limited Liability Partnership Identification Number (LLPIN) of Wits Innovation Lab Llp is AAO-8846.

  • According to the financial reports for the fiscal year 2021, the revenue trend for Wits Innovation Lab Llp has risen by 600.37%.

  • As Per 2021 financial reports, 42 employees are currently employed by Wits Innovation Lab Llp.

  • The most recent Balance Sheet for Wits Innovation Lab Llp was filed with the ROC on 31 Mar 2023.