Company Intelligence Profile
Exoways Web Technologies Private Limited
Exoways Web Technologies Pvt Ltd operates FourModules (fourmodules.com), an online test-preparation platform for computer-delivered English proficiency exams (IELTS, PTE, CELPIP, CAEL) aimed at aspiring immigrants.
Last updated 11 August 2026
Exoways Web Technologies Pvt Ltd, based in Ludhiana, Punjab, operates FourModules, an online test-preparation platform for English proficiency exams like IELTS and PTE. The company achieved significant growth with a 114.31% increase in total revenue year-over-year in FY2022-23, despite reporting a net profit margin of -4.56% and rising leverage during the same period.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Exoways Web Technologies Private Limited |
|---|---|
| CIN | U93090PB2018PTC048541 |
| PAN | AAFCE2332R |
| Status |
|
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 22 October 2018 |
| ROC | RoC Chandigarh (state of registration: Punjab) |
| Sector (NIC) |
|
| Registered address | SCO 144, Third Floor, Feroze Gandhi Market, Ludhiana, Punjab – 141001 |
| Authorized capital | ₹11,00,000 (₹11 lakh) — Tofler, Falconebiz; note: one source (aggregated web-search summary) showed ₹1,00,000, likely reflecting only paid-up figure; treat ₹11 lakh authorized as confirmed |
| Paid-up capital | ₹10,00,000 (₹10 lakh) |
Business Overview
- Exoways Web Technologies Pvt Ltd operates FourModules (fourmodules.com), an online test-preparation platform for computer-delivered English proficiency exams (IELTS, PTE, CELPIP, CAEL) aimed at aspiring immigrants
- Founded in Ludhiana, Punjab in 2018 by Ramandeep Singh Aulakh, Jagjeet Singh and Rupinder Khangura; the platform reportedly reached 1 lakh+ students and 800+ partner institutes across 100+ countries within its first 3 years, with 11-50 employees as of July 2024
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Jagjeet Singh | 08261653 | - | 22 Oct 2018 |
| Ramandeep Singh | 08261654 | Director & Co-founder | 22 Oct 2018 |
GST Registration
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 04AAFCE2332R1ZJ | Chandigarh | AAFCE2332R (Falconebiz, corroborated by GSTIN prefix on Masters India/search) | Active |
Primary GSTIN: 04AAFCE2332R1ZJ (state code 04 = Chandigarh), status Active, Regular taxpayer, registered 26 Mar 2021, Principal Place of Business: SCO 66-67, Sector 34A, Chandigarh 160022 (Masters India GST search; cross-referenced by web search aggregation). PAN embedded: AAFCE2332R (matches Falconebiz PAN). Only 1 GST registration identified (no evidence of multi-state registrations found). Note: registered office (Ludhiana, Punjab) differs from GST principal place of business (Chandigarh) — both are legitimate/consistent with company operating from a Chandigarh office while Punjab is the state of MCA registration.
Financials
- Operating revenue range ₹1-10 crore
- Total revenue growth +114.31% YoY
- EBITDA growth +101.42% YoY
- Net worth growth +57.4% YoY
- Borrowings growth +1008.34% YoY (off a small base)
- Net Profit Margin -4.56%
- Operating Margin -1.13
- ROE -21.18%
- ROCE -41.93%
- Debt-to-Equity 2.18 (as of Mar 2023) — indicates the company was loss-making with rising leverage in FY23 despite strong topline growth. A separate web-aggregated figure cited FY2022 revenue growth of +71.88% and profit growth +75.32% — this conflicts with Falconebiz's FY23 negative margins, likely reflecting different fiscal years (FY22 vs FY23) rather than a direct contradiction. Exact absolute revenue/PAT/net-worth rupee figures were not obtainable without premium/paid access to Tofler or Falconebiz. Status: partial
Charges & Loans
- No charges registered on company assets
- Status: confirmed (no charges) though borrowings reportedly grew sharply in FY23 per financial ratios above — these may be unsecured or a discrepancy worth flagging
Competitors
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