Wep Solutions Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 36.60 Cr
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 38.58 Cr
- Satisfied Charges ₹ 10.25 Cr
- Revenue Growth -16.22%
- Profit Growth 125.44%
- Ebitda 4.67%
- Net Worth 8.35%
- Total Assets -1.77%
About Wep Solutions
Wep Solutions Limited (WSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 March 1995 and has a history of 29 years and 11 months. Its registered office is in Bangalore, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532373.
The Corporate was formerly known as Datanet Systems Limited. 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 40.00 Cr and a paid-up capital of Rs 36.60 Cr.
The company currently has active open charges totaling ₹38.58 Cr. The company has closed loans amounting to ₹10.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Wep Solutions Limited India are Ashok Tripathy as Ceo, Sandeep Goyal as Cfo, and Yashika Pardasani as Company Secretary. Ram Agarwal, Grama Visweswara, Shankar Jaganathan, and Five other members serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
L72200KA1995PLC025617
- Company No.
025617
- Stock Symbol
BSE : 532373
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Mar 1995
- Date of AGM
21 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Bangalore
Industry
What products or services does Wep Solutions Limited offer?
Wep Solutions Limited offers a wide range of products and services, including Receipt Printers, Dot Matrix Printers, POS Machine, Retail POS Printer, Multifunction Printer, Laser Multifunction Printer, IT, Networking & Automation Solution, IT Solutions, Printing Machinery Spares, Printer Head.
Who are the key members and board of directors at Wep Solutions?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Goyal  | CFO | 01-Nov-2014 | Current |
| Ashok Tripathy | Managing Director | 01-Sep-2022 | Current |
| Yashika Pardasani | Company Secretary | 01-Mar-2023 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vandana Malaiya | Director | 28-May-2021 | Current |
| Shruti Agarwal | Director | 28-May-2021 | Current |
| Shankar Jaganathan | Director | 08-May-2010 | Current |
| Sandeep Goyal | Whole-Time Director and Cfo | 01-Jul-2020 | Current |
| Ayyagari Lakshmanarao | Director | 30-Apr-2011 | Current |
| Ram Agarwal | Director | 09-Jul-2011 | Current |
Financial Performance of Wep Solutions.
Wep Solutions Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.22% decrease. The company also saw a substantial improvement in profitability, with a 125.44% increase in profit. The company's net worth moved up by a moderate rise of 8.35%.
- 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 Wep Solutions?
In 2023, Wep Solutions had a promoter holding of 41.87% and a public holding of 58.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Trianz Digital Consulting Private LimitedAyyagari Lakshmanarao is a mutual person
Trianz It & Cloud Solutions Private LimitedAyyagari Lakshmanarao is a mutual person
Right Horizons Portfolio Management Private LimitedShankar Jaganathan is a mutual person
Wep Solutions India LimitedRam Agarwal and Sandeep Goyal are mutual person
Sumeru Software Solutions Private LimitedAyyagari Lakshmanarao is a mutual person
Charges (Loans)
₹38.58 Cr
₹10.25 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 22.58 Cr
- Corporation Bank : 9.00 Cr
- Others : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Apr 2022 | Others | ₹7.00 Cr | Open |
| 04 Jan 2019 | Axis Bank Limited | ₹11.79 Cr | Open |
| 16 Mar 2012 | Corporation Bank | ₹9.00 Cr | Open |
| 17 Aug 2011 | Axis Bank Limited | ₹10.79 Cr | Open |
| 22 Aug 2011 | Axis Bank Limited | ₹5.00 Cr | Satisfied |
How Many Employees Work at Wep Solutions?
Wep Solutions has a workforce of 116 employees as of Apr 03, 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 Wep 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 Wep 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.
