We Excel Software Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 18 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.74 Cr
- Satisfied Charges ₹ 1.75 Cr
- Revenue Growth 33.43%
- Profit Growth 47.69%
- Ebitda -17.86%
- Net Worth 50.59%
- Total Assets 11.35%
About We Excel Software
We Excel Software Private Limited (WESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 December 2006 and has a history of 18 years and one month. Its registered office is in Chandigarh, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹18.74 Cr. The company has closed loans amounting to ₹1.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nitin Monga and Navdeep Monga serve as directors at the Company.
Company Details
- Location
Chandigarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200CH2006PTC030655
- Company No.
030655
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Dec 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
What products or services does We Excel Software Private Limited offer?
We Excel Software Private Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Application Development Service, SEO Consultation Service, Website Promotion Services, Web Applications Services, Web Application Development, Website Designing, E Commerce Website Design.
Who are the key members and board of directors at We Excel Software?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Monga  | Director | 28-Dec-2006 | Current |
| Navdeep Monga | Director | 11-Mar-2019 | Current |
Financial Performance of We Excel Software.
We Excel Software Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 33.43% increase. The company also saw a substantial improvement in profitability, with a 47.69% increase in profit. The company's net worth Soared by an impressive increase of 50.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of We Excel Software?
In 2022, We Excel Software had a public holding of 0.03%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Future Fueltech Private LimitedNitin Monga is a mutual person
- Iprofit Private Limited
Nitin Monga is a mutual person
Charges (Loans)
₹187.40 M
₹17.47 M
Charges Breakdown by Lending Institutions
- Others : 16.85 Cr
- Hdfc Bank Limited : 1.89 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2024 | Hdfc Bank Limited | ₹1.25 Cr | Open |
| 30 May 2023 | Others | ₹15.50 Cr | Open |
| 19 Jul 2022 | Others | ₹1.35 Cr | Open |
| 21 Oct 2020 | Hdfc Bank Limited | ₹6.40 M | Open |
| 20 Jul 2018 | Axis Bank Limited | ₹2.47 M | Satisfied |
How Many Employees Work at We Excel Software?
Unlock and access historical data on people associated with We Excel Software, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of We Excel Software, 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 We Excel Software's trajectory.
Rating
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
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.
