Web Element Solutions Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.78 Cr
- Company Age 16 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.84 M
- Revenue Growth 69.26%
- Profit Growth 100.47%
- Ebitda 132.43%
- Net Worth 4.86%
- Total Assets 3.46%
About Web Element Solutions
Web Element Solutions Limited (WESL) is a Public Limited Indian Non-Government Company incorporated in India on 16 May 2008 and has a history of 16 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Web Element Solutions Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.78 Cr.
The company currently has active open charges totaling ₹1.84 M.
The Key Managerial Personnel (KMP) at Web Element Solutions Limited India are Shrena Shah as CFO and Arihant Bhansali as Company Secretary. Sunil Sharma, Kirankumar Shukla, Yadvender Kanwar, and Two other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L72200MH2008PLC182320
- Company No.
182320
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 May 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Information Technology
Who are the key members and board of directors at Web Element Solutions?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shrena Shah  | CFO | 01-Oct-2016 | Current |
| Arihant Bhansali | Company Secretary | 05-Sep-2020 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sunil Sharma | Director | 02-Sep-2014 | Current |
| Kirankumar Shukla | Director | 02-Sep-2014 | Current |
| Yadvender Kanwar | Whole-Time Director | 16-May-2008 | Current |
| Shailesh Patel | Director | 16-May-2008 | Current |
| Shrena Kalpesh | Director and Cfo | 05-May-2015 | Current |
Financial Performance of Web Element Solutions.
Web Element Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 69.26% increase. The company also saw a substantial improvement in profitability, with a 100.47% increase in profit. The company's net worth moved up by a moderate rise of 4.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Web Element Solutions?
In 2022, Web Element Solutions had a promoter holding of 21.91% and a public holding of 78.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sandeep (India) LtdShailesh Patel is a mutual person
Balgopal Commercial LimitedShailesh Patel and Shrena Kalpesh are mutual person
Shivnarayan Nemani Commodities Private LimitedSunil Sharma and Kirankumar Shukla are mutual person
- Shivnarayan Nemani Share And Stock Brokers Private Limited
Sunil Sharma is a mutual person
Charges (Loans)
Open Charges
₹0.18 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 2021 | Axis Bank Limited | ₹1.84 M | Open |
How Many Employees Work at Web Element Solutions?
Web Element Solutions has a workforce of 6 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Web Element Solutions, 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 Web Element Solutions'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.
Latest Updates, News, and FAQs on Web Element Solutions
Recent activity within the organization
- Annual General Meeting
Web Element Solutions Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Web Element Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100509556 was registered on 25 Nov 2021.
- Director Appointment
Shrena Shah Kalpesh was appointed as a Director was appointed as a Director on 05 May 2015 & has been associated with this company since 9 years 10 months .
- Director Appointment
Sunil Satyanarayan Sharma was appointed as a Director was appointed as a Director on 02 Sep 2014 & has been associated with this company since 10 years 6 months .
- Director Appointment
Kirankumar Navinchandra Shukla was appointed as a Director was appointed as a Director on 02 Sep 2014 & has been associated with this company since 10 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Web Element Solutions Limited?
Web Element Solutions Limited was incorporated on 16 May 2008.
What is authorized share capital and paid-up capital of Web Element Solutions Limited?
The authorized share capital of Web Element Solutions Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.78 Cr.
Who are the current board members & directors of Web Element Solutions Limited?
Currently 7 directors are associated with Web Element Solutions Limited.
- Sunil Satyanarayan Sharma
- Kirankumar Navinchandra Shukla
- Yadvender Singh Kanwar
- Shailesh Becharbhai Patel
- Shrena Shah Kalpesh
- Shrena Kalpesh Shah
- Arihant Bhansali
What is the registered address of Web Element Solutions Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Web Element Solutions Limited is 301 Corporate Arena Off Aarey Piramal X Road, Behind Mahindra Gardens Goregaon West, Mumbai, Maharashtra, India, 400062.
What is the corporate identification number (CIN) and company number of Web Element Solutions Limited?
The corporate identification number (CIN) of Web Element Solutions Limited is L72200MH2008PLC182320 and the company number is 182320 as per Ministry of Corporate Affairs (MCA).
What is the official website of Web Element Solutions Limited?
The Official website of Web Element Solutions Limited is https://www.webelementinc.com
What has been the recent revenue trend for Web Element Solutions Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Web Element Solutions Limited has risen by 69.26%.
How many employees does Web Element Solutions Limited currently have?
As Per 2023 financial reports, 6 employees are currently employed by Web Element Solutions Limited.
What change has been observed in the net worth of Web Element Solutions Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Web Element Solutions Limited has experienced an upsurge of 4.86%.
What are the total open charges for Web Element Solutions Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Web Element Solutions Limited amount to ₹ 1.84 M.
When was the last Balance Sheet of Web Element Solutions Limited filed with the ROC?
The most recent Balance Sheet for Web Element Solutions Limited was filed with the ROC on 31 Mar 2023.
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