Wehear Innovations Private Limited

Manufactures Bluetooth headsets, hearing aids, headphones, and silent disco headphones.

2021 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Wehear Innovations Profile

Key Indicators

  • Authorised Capital ₹ 8.10 Cr
  • Paid Up Capital ₹ 0.14 M
  • Company Age 4 Year, 3 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 180.08%
  • Profit Growth -17.79%
  • Ebitda -20.65%
  • Net Worth 402.80%
  • Total Assets 265.72%

About Wehear Innovations

Wehear Innovations Private Limited (WIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 26 February 2021 (Four years 3 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Consumer Electronics & Durables 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 8.10 Cr and a paid-up capital of Rs 0.14 M, as per Ministry of Corporate Affairs (MCA) records.

Peyush Bansal, Harbir Banga, Raj Shah, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    wehear.in

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U31909GJ2021PTC120671

  • Company No.

    120671

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Feb 2021

  • Date of AGM

    13 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Wehear Innovations?

Executive Team (1)

NameDesignationAppointment DateStatus
Kanishka Patel Country flag representing In Managing Director26-Feb-2021Current

Board Members (5)

NameDesignationAppointment DateStatus
Harbir Banga Country flag representing In Director 04-Aug-2021Current
Raj Shah Country flag representing In Director 21-Apr-2021Current
Peyush Bansal Country flag representing In Director 01-Oct-2024Current
Kevin Narola Country flag representing In Director 03-Nov-2022Current
Devangbhai Brambhatt Country flag representing In Director Current

Financial Performance of Wehear Innovations.

Wehear Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 180.08% increase. The company also saw a substantial fall in profitability, with a 17.79% decrease in profit. The company's net worth Soared by an impressive increase of 402.8%.

Wehear Innovations revenue growth over time
Wehear Innovations 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
180.08%
Revenue from Operations
178.56%
Total Assets
265.72%
Profit or Loss
-17.79%
Net Worth
402.80%
EBITDA
-20.65%

What is the Ownership and Shareholding Structure of Wehear Innovations?

In 2023, Wehear Innovations had a promoter holding of 71.00% and a public holding of 29.00%. 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 Wehear Innovations?

Wehear Innovations has a workforce of 0 employees as of Apr 06, 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.

Employee growth trends for Wehear Innovations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wehear Innovations, 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 Wehear Innovations'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 Wehear Innovations

Recent activity within the organization

  • Director Appointment

    Peyush Bansal was appointed as a Director was appointed as a Director on 01 Oct 2024 & has been associated with this company since 5 months .

  • Annual General Meeting

    Wehear Innovations Private Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Wehear Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Kevin Dineshbhai Narola was appointed as a Director was appointed as a Director on 03 Nov 2022 & has been associated with this company since 2 years 3 months .

  • Director Appointment

    Harbir Singh Banga was appointed as a Director was appointed as a Director on 04 Aug 2021 & has been associated with this company since 3 years 6 months .

  • Director Appointment

    Raj Vijay Shah was appointed as a Director was appointed as a Director on 21 Apr 2021 & has been associated with this company since 3 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Wehear Innovations Private Limited?

    Wehear Innovations Private Limited was incorporated on 26 Feb 2021.

  • What is authorized share capital and paid-up capital of Wehear Innovations Private Limited?

    The authorized share capital of Wehear Innovations Private Limited is ₹ 8.10 Cr and paid-up capital is ₹ 0.14 M.

  • Who are the current board members & directors of Wehear Innovations Private Limited?

    Currently 6 directors are associated with Wehear Innovations Private Limited.

    • Peyush Bansal
    • Harbir Singh Banga
    • Raj Vijay Shah
    • Kevin Dineshbhai Narola
    • Kanishka Rakeshkumar Patel
    • Devangbhai Mahendrabhai Brambhatt

  • What is the registered address of Wehear Innovations Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Wehear Innovations Private Limited is 805 Supath Apartment Vijay Char Rasta, Navrangpura India, Ahmedabad, Gujarat, 380009.

  • What is the corporate identification number (CIN) and company number of Wehear Innovations Private Limited?

    The corporate identification number (CIN) of Wehear Innovations Private Limited is U31909GJ2021PTC120671 and the company number is 120671 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Wehear Innovations Private Limited?

    The Official website of Wehear Innovations Private Limited is https://www.wehear.in

  • What has been the recent revenue trend for Wehear Innovations Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Wehear Innovations Private Limited has risen by 180.08%.

  • What change has been observed in the net worth of Wehear Innovations Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Wehear Innovations Private Limited has experienced an upsurge of 402.80%.

  • When was the last Balance Sheet of Wehear Innovations Private Limited filed with the ROC?

    The most recent Balance Sheet for Wehear Innovations Private Limited was filed with the ROC on 31 Mar 2024.

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