Wemake Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 7 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.84 Cr
- Satisfied Charges ₹ 1.42 Cr
- Revenue Growth -53.33%
- Profit Growth -82.86%
- Ebitda -57.71%
- Net Worth -0.97%
- Total Assets 9.74%
About Wemake Solutions
Wemake Solutions Private Limited (WSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 05 September 2017 (Seven years and five months 19 days old ). Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Healthcare 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 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹1.84 Cr. The company has closed loans amounting to ₹1.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pandurangam Jagannathan, Swathika Ravi, and Sasikala serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29309TN2017PTC118451
- Company No.
118451
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Sep 2017
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Wemake Solutions Private Limited offer?
Wemake Solutions Private Limited offers a wide range of products and services, including Physiotherapy & Rehab Aids, Fracture Aid, Hospital and Medical Furniture, Hospital Furniture, Surgical & ICU Equipments, Ventilator Parts & Consumables, Computer Hardware & Peripherals, Monitor Accessories, Medical Trolley, Medical Surgery & Treatment Centres.
Who are the key members and board of directors at Wemake Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pandurangam Jagannathan  | Managing Director | 05-Sep-2017 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Swathika Ravi | Director | 05-Sep-2017 | Current |
| Sasikala | Director | 23-Sep-2021 | Current |
Financial Performance of Wemake Solutions.
Wemake Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.33% decrease. The company also saw a substantial fall in profitability, with a 82.86% decrease in profit. The company's net worth dipped by a decrease of 0.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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 Wemake Solutions?
In 2023, Wemake Solutions had a promoter holding of 86.00% and a public holding of 14.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹1.84 Cr
₹1.42 Cr
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 0.90 Cr
- Sidbi : 0.53 Cr
- Others : 0.41 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2023 | Sidbi | ₹3.52 M | Open |
| 06 Dec 2021 | City Union Bank Limited | ₹9.00 M | Open |
| 09 Aug 2021 | Others | ₹4.14 M | Open |
| 20 Apr 2020 | Sidbi | ₹1.77 M | Open |
| 02 Feb 2021 | City Union Bank Limited | ₹1.42 Cr | Satisfied |
How Many Employees Work at Wemake Solutions?
Wemake Solutions has a workforce of 22 employees as of Mar 27, 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 Wemake 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 Wemake Solutions'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.