Wellspring Software Labs Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 06-07-2024
- Paid Up Capital ₹ 1.00 M
as on 06-07-2024
- Company Age 13 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.32 M
as on 06-07-2024
- Revenue -70.20%
(FY 2022)
- Profit 26.77%
(FY 2022)
- Ebitda -26.09%
(FY 2022)
- Net Worth -903.90%
(FY 2022)
- Total Assets -17.30%
(FY 2022)
About Wellspring Software Labs
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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹1.32 M.
Satishkumar Rajalakshmi and Ramiahpillai Vadamalairaj serve as directors at the Company.
- CIN/LLPIN
U72100TN2011PTC081430
- Company No.
081430
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Jul 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Wellspring Software Labs?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satishkumar Rajalakshmi  | Director | 08-Jul-2011 | Current |
| Ramiahpillai Vadamalairaj | Director | 08-Jul-2011 | Current |
Financial Performance of Wellspring Software Labs.
Wellspring Software Labs Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 70.2% decrease. The company also saw a substantial improvement in profitability, with a 26.77% increase in profit. The company's net worth observed a substantial decline by a decrease of 903.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Wellspring Software Labs?
In 2021, Wellspring Software Labs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Artium Fusion Studio Private LimitedActive 8 years 3 monthsSatishkumar Rajalakshmi and Ramiahpillai Vadamalairaj are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 06 Sep 2016 | ₹1.32 M | Open |
How Many Employees Work at Wellspring Software Labs?
Wellspring Software Labs has a workforce of 11 employees as of Mar 29, 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 Wellspring Software Labs, 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 Wellspring Software Labs'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.
