Wep Solutions Limited

Provides printing, IT peripherals, and document management solutions with nationwide presence.

1995 | Bangalore, Karnataka (India) | Active
Last Updated:

Wep Solutions Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 36.60 Cr
  • Company Age 30 Year, 2 Days
  • 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 30 years. 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

    wepindia.com

  • 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

Information Technology

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)

NameDesignationAppointment DateStatus
Sandeep Goyal Country flag representing In CFO01-Nov-2014Current
Ashok Tripathy Country flag representing In Managing Director01-Sep-2022Current
Yashika Pardasani Company Secretary01-Mar-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Vandana Malaiya Country flag representing In Director 28-May-2021Current
Shruti Agarwal Country flag representing In Director 28-May-2021Current
Shankar Jaganathan Country flag representing In Director 08-May-2010Current
Sandeep Goyal Country flag representing In Whole-Time Director and Cfo 01-Jul-2020Current
Ayyagari Lakshmanarao Country flag representing In Director 30-Apr-2011Current
Ram Agarwal Country flag representing In Director 09-Jul-2011Current

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%.

Wep Solutions revenue growth over time
Wep Solutions 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
-16.22%
Revenue from Operations
-16.78%
Total Assets
-1.77%
Profit or Loss
125.44%
Net Worth
8.35%
EBITDA
4.67%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.58 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
22 Apr 2022Others₹7.00 CrOpen
04 Jan 2019Axis Bank Limited₹11.79 CrOpen
16 Mar 2012Corporation Bank₹9.00 CrOpen
17 Aug 2011Axis Bank Limited₹10.79 CrOpen
22 Aug 2011Axis Bank Limited₹5.00 CrSatisfied

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.

Employee growth trends for Wep Solutions Limited

Deals i

Graph showing company valuation over time

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

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 Wep Solutions

Recent activity within the organization

  • Annual General Meeting

    Wep Solutions Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 7.00 Cr registered on 22 Apr 2022 with Charge ID 100572339 was modified on 30 Aug 2023.

  • Balance Sheet

    Wep Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100572339 was registered on 22 Apr 2022.

  • Charges

    A charge registered on 14 Jul 2011 via Charge ID 10300652 with Hdfc Bank Limited was fully satisfied on 06 Apr 2021.

  • Charges

    A charge with Axis Bank Limited of Rs. 10.79 Cr registered on 17 Aug 2011 with Charge ID 10305783 was modified on 20 Dec 2020.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Wep Solutions Limited?

    Wep Solutions Limited was incorporated on 01 Mar 1995.

  • What is authorized share capital and paid-up capital of Wep Solutions Limited?

    The authorized share capital of Wep Solutions Limited is ₹ 40.00 Cr and paid-up capital is ₹ 36.60 Cr.

  • Who are the current board members & directors of Wep Solutions Limited?

    Currently 11 directors are associated with Wep Solutions Limited.

    • Ram Narayan Agarwal
    • Grama Hiriyannaiah Visweswara
    • Shankar Jaganathan
    • Ayyagari Lakshmanarao
    • Sandeep Kumar Goyal
    • Vandana Malaiya
    • Shruti Agarwal
    • Ashok Tripathy
    • Ashok Tripathy
    • Sandeep Goyal
    • Yashika Pardasani

  • What is the registered address of Wep Solutions Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Wep Solutions Limited is 40/1-A Basappa Complex, Lavelle Road, Bangalore, Karnataka, India, 560001.

  • What is the corporate identification number (CIN) and company number of Wep Solutions Limited?

    The corporate identification number (CIN) of Wep Solutions Limited is L72200KA1995PLC025617 and the company number is 025617 as per Ministry of Corporate Affairs (MCA).

  • Is Wep Solutions Limited registered with any stock exchange in India?

    Yes, Wep Solutions Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Wep Solutions Limited?

    The Official website of Wep Solutions Limited is https://www.wepindia.com

  • What has been the recent revenue trend for Wep Solutions Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Wep Solutions Limited has fallen by -16.22%.

  • How many employees does Wep Solutions Limited currently have?

    As Per 2023 financial reports, 116 employees are currently employed by Wep Solutions Limited.

  • What change has been observed in the net worth of Wep Solutions Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Wep Solutions Limited has experienced an upsurge of 8.35%.

  • What are the total open charges for Wep Solutions Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Wep Solutions Limited amount to ₹ 38.58 Cr.

  • When was the last Balance Sheet of Wep Solutions Limited filed with the ROC?

    The most recent Balance Sheet for Wep Solutions Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Electronic Components & Equipment Manufacturing