Webovate Solutions Private Limited

IT offshoring, web scraping, web and mobile app development for clients like Idexcel and Power Play.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated: December 16, 2024

Webovate Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.62 M
  • Revenue Growth -48.26%
  • Profit Growth -456.52%
  • Ebitda -374.35%
  • Net Worth -483.14%
  • Total Assets -8.55%

About Webovate Solutions

Webovate Solutions Private Limited (WSPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 May 2013 and has a history of 11 years and eight months. Its registered office is in Bangaluru, Karnataka, 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹0.62 M.

Dheeraj Shetty and Ranjith Haridas serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2013PTC069161

  • Company No.

    069161

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 May 2013

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Webovate Solutions Private Limited offer?

Webovate Solutions Private Limited offers a wide range of products and services, including Data Entry & Data Processing Service, Data Collection Services, BPO Operations and Services, BPO Services.

Who are the key members and board of directors at Webovate Solutions?

Board Members (2)

Name Designation Appointment Date Status
Dheeraj Shetty Country flag representing In Director 17-May-2013 Current
Ranjith Haridas Country flag representing In Director 08-Jan-2015 Current

Financial Performance of Webovate Solutions.

Webovate Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 48.26% decrease. The company also saw a substantial fall in profitability, with a 456.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 483.14%.

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
-48.26%
Revenue from Operations
-46.85%
Total Assets
-8.55%
Profit or Loss
-456.52%
Net Worth
-483.14%
EBITDA
-374.35%

What is the Ownership and Shareholding Structure of Webovate Solutions?

In 2019, Webovate Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.62 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
20 Feb 2023 Hdfc Bank Limited ₹0.62 M Open

How Many Employees Work at Webovate Solutions?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Webovate 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 Webovate 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 Webovate Solutions

Recent activity within the organization

  • Annual General Meeting

    Webovate Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Webovate Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.62 M with Charge ID 100716612 was registered on 20 Feb 2023.

    20 Feb 2023

  • Director Appointment

    Ranjith Haridas was appointed as a Director was appointed as a Director on 08 Jan 2015 & has been associated with this company since 10 years 1 month .

    08 Jan 2015

  • Director Appointment

    Dheeraj Shetty was appointed as a Director was appointed as a Director on 17 May 2013 & has been associated with this company since 11 years 8 months .

    17 May 2013

  • Company Incorporation

    Webovate Solutions Private Limited was registered on 17 May 2013 with Roc Bangalore & aged 11 years 8 months as per MCA records.

    17 May 2013

Frequently asked questions

  • Webovate Solutions Private Limited was incorporated on 17 May 2013.

  • The authorized share capital of Webovate Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Webovate Solutions Private Limited.

    • Dheeraj Shetty
    • Ranjith Haridas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Webovate Solutions Private Limited is 2886 Bharadwaj 15Th A Cross, Banashankari 2Nd Stage India, Bengaluru, Karnataka, 560070.

  • The corporate identification number (CIN) of Webovate Solutions Private Limited is U72900KA2013PTC069161 and the company number is 069161 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Webovate Solutions Private Limited is https://www.webovatesolutions.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Webovate Solutions Private Limited has fallen by -48.26%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Webovate Solutions Private Limited has experienced an downturn of -483.14%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Webovate Solutions Private Limited amount to ₹ 0.62 M.

  • The most recent Balance Sheet for Webovate Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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