Web Element Solutions Limited

Founded in 2008 and headquartered in Maharashtra, India.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: July 04, 2024

Web Element Solutions Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.78 Cr
  • Company Age 16 Year, 8 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 eight 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
  • 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 Country flag representing In CFO 01-Oct-2016 Current
Arihant Bhansali Company Secretary 05-Sep-2020 Current

Board Members (5)

Name Designation Appointment Date Status
Sunil Sharma Country flag representing In Director 02-Sep-2014 Current
Kirankumar Shukla Country flag representing In Director 02-Sep-2014 Current
Yadvender Kanwar Country flag representing In Whole-Time Director 16-May-2008 Current
Shailesh Patel Country flag representing In Director 16-May-2008 Current
Shrena Kalpesh Country flag representing In 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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
69.26%
Revenue from Operations
90.36%
Total Assets
3.46%
Profit or Loss
100.47%
Net Worth
4.86%
EBITDA
132.43%

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.

Shareholding Indicator graph

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

    30 Sep 2023

  • Balance Sheet

    Web Element Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100509556 was registered on 25 Nov 2021.

    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 9 months .

    05 May 2015

  • 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 5 months .

    02 Sep 2014

  • 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 5 months .

    02 Sep 2014

Frequently asked questions

  • Web Element Solutions Limited was incorporated on 16 May 2008.

  • The authorized share capital of Web Element Solutions Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.78 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Web Element Solutions Limited is https://www.webelementinc.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Web Element Solutions Limited has risen by 69.26%.

  • As Per 2023 financial reports, 6 employees are currently employed by Web Element Solutions Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Web Element Solutions Limited amount to ₹ 1.84 M.

  • The most recent Balance Sheet for Web Element Solutions Limited was filed with the ROC on 31 Mar 2023.

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