Web Initiate Systems Private Limited

Provides IT design and development services, including search engine optimization, website design, and online branding.

2011 | Delhi (India) | Active
Last Updated:

Web Initiate Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 13 Year, 9 Months
  • Last Filing with ROC 31 Mar 2017
  • Revenue Growth -54.16%
  • Profit Growth -457.14%
  • Ebitda -269.62%
  • Net Worth -20.81%
  • Total Assets -30.88%

About Web Initiate Systems

Web Initiate Systems Private Limited (WISPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 June 2011 and has a history of 13 years and nine months. Its registered office is in Delhi, 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 2017. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 2.00 M, as per Ministry of Corporate Affairs (MCA) records.

Vivek Kumar and Vikrant Tiwari serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900DL2011PTC221600

  • Company No.

    221600

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jun 2011

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology
Company report

Web Initiate Systems Private Limited

Explore comprehensive data for Web Initiate Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Web Initiate Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Vikrant Tiwari Country flag representing In Director 30-Apr-2015Current
Vivek Kumar Country flag representing In Director 28-Jun-2011Current

Financial Performance of Web Initiate Systems.

Web Initiate Systems Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 54.16% decrease. The company also saw a substantial fall in profitability, with a 457.14% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.81%.

Web Initiate Systems revenue growth over time
Web Initiate Systems 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
-54.16%
Revenue from Operations
-54.05%
Total Assets
-30.88%
Profit or Loss
-457.14%
Net Worth
-20.81%
EBITDA
-269.62%

What is the Ownership and Shareholding Structure of Web Initiate Systems?

In 2017, Web Initiate Systems had a promoter holding of 31.33% and a public holding of 68.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Web Initiate Systems?

Unlock and access historical data on people associated with Web Initiate Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Web Initiate Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Web Initiate Systems, 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 Initiate Systems'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 Initiate Systems

Recent activity within the organization

  • Annual General Meeting

    Web Initiate Systems Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

  • Balance Sheet

    Web Initiate Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Delhi.

  • Director Appointment

    Vikrant Tiwari was appointed as a Director was appointed as a Director on 30 Apr 2015 & has been associated with this company since 9 years 11 months .

  • Director Appointment

    Vivek Kumar was appointed as a Director was appointed as a Director on 28 Jun 2011 & has been associated with this company since 13 years 9 months .

  • Company Incorporation

    Web Initiate Systems Private Limited was registered on 28 Jun 2011 with Roc Delhi & aged 13 years 9 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Web Initiate Systems Private Limited?

    Web Initiate Systems Private Limited was incorporated on 28 Jun 2011.

  • What is authorized share capital and paid-up capital of Web Initiate Systems Private Limited?

    The authorized share capital of Web Initiate Systems Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Who are the current board members & directors of Web Initiate Systems Private Limited?

    Currently 2 directors are associated with Web Initiate Systems Private Limited.

    • Vivek Kumar
    • Vikrant Tiwari

  • What is the registered address of Web Initiate Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Web Initiate Systems Private Limited is 8/28 Iiird Floor, Wea Abdul Aziz Road Karol Bagh India, Delhi, 110005.

  • What is the corporate identification number (CIN) and company number of Web Initiate Systems Private Limited?

    The corporate identification number (CIN) of Web Initiate Systems Private Limited is U72900DL2011PTC221600 and the company number is 221600 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Web Initiate Systems Private Limited?

    The Official website of Web Initiate Systems Private Limited is https://www.webinitiate.com

  • What has been the recent revenue trend for Web Initiate Systems Private Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Web Initiate Systems Private Limited has fallen by -54.16%.

  • What change has been observed in the net worth of Web Initiate Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Web Initiate Systems Private Limited has experienced an downturn of -20.81%.

  • When was the last Balance Sheet of Web Initiate Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Web Initiate Systems Private Limited was filed with the ROC on 31 Mar 2017.

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