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.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Exoways Web Technologies Private Limited |
|---|---|
| CIN | U93090PB2018PTC048541 |
| PAN | AAFCE2332R (Falconebiz, corroborated by GSTIN prefix on Masters India/search) |
| Status | Active (Private Limited, Non-Government Company); Active Compliant per TheCompanyCheck (checked 29 Jul 2026 per Falconebiz) |
| Listing | Not listed (unlisted private limited company) |
| Incorporated | 22 October 2018 (Tofler/Falconebiz/TheCompanyCheck agree; Tracxn shows 21 Oct 2018 — minor 1-day discrepancy across sources) |
| ROC | RoC Chandigarh (state of registration: Punjab) |
| Sector (NIC) | NIC 93090 (Other information & communication service activities) per CIN prefix/Falconebiz; classified under Education — Test Prep & Competitive Exam Coaching per TheCompanyCheck. Brands: FourModules (fourmodules.com) and exoways.com |
| Registered address | SCO 144, Third Floor, Feroze Gandhi Market, Ludhiana, Punjab – 141001 (consistent across Tofler, Falconebiz, TheCompanyCheck) |
| 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 (2 sources) |
| Paid-up capital | ₹10,00,000 (₹10 lakh) — confirmed via Tofler, Falconebiz, TheCompanyCheck |
Business Overview
Partial / conflicting- 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 (per YourStory)
- 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 (source: YourStory/Tracxn aggregation via web search — not independently verified on a primary filing)
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Jagjeet Singh | 08261653 | likely a non-director co-founder/operator. | - |
GST Registration
Partial / conflicting| 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
Partial / conflicting- FY2022-23 (per Falconebiz, standalone, MCA-filing derived): 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 (via search, sourced from other registries) 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
Partial / conflicting- No charges registered on company assets ("Charges on Assets: None registered" — Falconebiz)
- 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
Partial / conflicting- Test-prep / English-proficiency exam platforms (rough scale tags, all approximate, unverified): 1) IELTS Ninja / IELTS Godfather — small-to-mid scale ed-tech test-prep player
- 2) PTE Champs — niche PTE-focused prep platform, similar small scale
- 3) Learnify / Learn Big — Punjab/immigration-corridor English test-prep coaching networks, comparable small-to-mid scale
- 4) BYJU'S / upGrad (broader ed-tech majors with test-prep verticals) — much larger scale, included only as adjacent-category reference
- 5) Global majors Magoosh and IDP/British Council's own PTE practice tools — larger international scale
- These are approximate category peers based on general market knowledge, not sourced from a registry filing
- treat as indicative only
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