Northcap Services Private Limited - Due diligence report

A 360° intelligence report on Wit-Ace: trust score, financial health, credit view, compliance, directors, growth and distress signals - gene…

2020-09-05 Gurgaon, Haryana Active Unlisted Active Compliant
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NS Northcap Services Private Limited
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Wit-Ace — 360° Intelligence Report

Generated from MCA filings & public records
78/100
Trust Score
Low Risk

Wit-Ace is assessed as Low Risk with a Trust Score of 78/100. Wit-Ace is an active private limited indian non-government company incorporated in 2020, operating in the Business Outsourcing sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 09 Jul 2026 from the latest processed filings. Northcap Services Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
78/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
90/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
85/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 3 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 85/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.

Charges position: 1 open (1.00 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Hdfc Bank Limited1 48.0 cr
Compliance Score: 90/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 auditor resignation(s) filed - latest: GOYAL MALHOTRA & ASSOCIATES on 2022-07-04.
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
MEETA SRIVASTAVA 01234567 Director 01/04/2018 6 yrs Approved
ANURANJITA KUMAR 01234567 Director 01/04/2018 6 yrs Approved
RUCHI SHAH 01234567 Director 01/04/2018 6 yrs Approved
SUMITA AMBASTA 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • MEETA SRIVASTAVA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
6 allotment(s) · 6 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 80 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +2.1x over 2 year(s).
Latest year revenue grew 24%.
Operating for 5 years.
Active GST registration(s).
Distress signals & risk flags
1 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence86/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment82/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 1.00 cr already registered.
  • Compliance record supports lending.
Investor view76/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
18 Sep 2023
Charge created
Hdfc Bank Limited - 1.00 cr
31 Mar 2023
Share transfer (FY 2023)
8833.00000000 shares to JAGDISH JAMNADAS MOORJANI
Share transfer (FY 2023)
5000.00000000 shares to Anuranjita Kumar
Share transfer (FY 2023)
8834.00000000 shares to RIZWAN RAHIM KOITA
21 Sep 2022
Director ceased
RUCHI SHAH
13 May 2022
Director appointed
RUCHI SHAH (Director)
Director ceased
ANIRUDDHA SEN
16 Nov 2021
Director appointed
SUMITA AMBASTA (Director)
18 May 2021
Securities allotted
2944 Preference Shares - 49.99 Lakh raised
30 Apr 2021
Securities allotted
21199 Preference Shares - 3.60 cr raised
08 Apr 2021
Securities allotted
19139 Preference Shares - 3.25 cr raised
31 Mar 2021
Share transfer (FY 2021)
3000.00000000 shares to ANURANJITA KUMAR
Share transfer (FY 2021)
5000.00000000 shares to ANIRUDDHA SEN
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 2 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 6 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Quality Growth Services U74899DL1994PTC061064 New Delhi, Delhi, India
Aaramshop U52100DL2011PTC217159 New Delhi, Delhi, India
Mahindra And Mahindra Contech Limited U74140MH1992PLC066606 Mumbai, Maharashtra, India
Bmgi India U74140MH1993PTC074261 Mumbai, Maharashtra, India
Thinqloud U74999PN2016PTC164761 Pune, Maharashtra, India
Empasys Info Solutions Private Limited U72900KA2018PTC114854 Bangalore, Karnataka, India
Maier + Vidorno U64100DL2000PTC108556 New Delhi, Delhi, India
Os Hrs India Private Limited U72200KA2014FTC073490 Bangalore, Karnataka, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Wit-Ace before audits and certifications: compliance score 90/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Wit-Ace: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 85/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 80/100, margin trends, ownership structure and peer set for Wit-Ace - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 78/100, distress signals and MSME payment-delay disclosures - know whether Wit-Ace pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Wit-Ace - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Wit-Ace an active company?

Wit-Ace has MCA status “Active” with a compliance score of 90/100 (Low Risk).

Is Wit-Ace financially healthy?

Wit-Ace has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.

Should I do business with Wit-Ace?

Its overall Trust Score is 78/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Wit-Ace?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Wit-Ace have loans or charges against its assets?

1 open charge(s) are registered against its assets.

Is Wit-Ace up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 90/100 (Low Risk).

Is it risky to lend to Wit-Ace?

Its Credit Risk Score is 85/100 (Low Risk). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.