Wepay Finance Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.64 Cr
- Company Age 31 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 17.22 Cr
- Satisfied Charges ₹ 96.57 Cr
- Revenue Growth -16.06%
- Profit Growth 2148.20%
- Ebitda -17.77%
- Net Worth 35.45%
- Total Assets -14.13%
About Wepay Finance
Wepay Finance Private Limited (WFPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 September 1993 and has a history of 31 years and five months. Its registered office is in Ludhiana, Punjab, India.
The Corporate was formerly known as Samra Leasing Private Limited. The Company is engaged in the Financial Services 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 3.00 Cr and a paid-up capital of Rs 2.64 Cr.
The company currently has active open charges totaling ₹17.22 Cr. The company has closed loans amounting to ₹96.57 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dalbir Singh, Sukhwinder Singh, Paramjit Randhawa, and Two other members serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65910CH1993PTC013669
- Company No.
013669
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Sep 1993
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Wepay Finance?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jasjot Virk  | Director | 18-Jan-2019 | Current |
| Dalbir Singh | Director | 14-Oct-2018 | Current |
| Sukhwinder Singh | Director | 31-Jan-2010 | Current |
| Paramjit Randhawa | Director | 23-Jan-2015 | Current |
| Vikramdeep Singh | Director | 20-Apr-2019 | Current |
Financial Performance of Wepay Finance.
Wepay Finance Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.06% decrease. The company also saw a substantial improvement in profitability, with a 2148.2% increase in profit. The company's net worth Soared by an impressive increase of 35.45%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Wepay Finance?
In 2022, Wepay Finance had a public holding of 59.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ujjwal Finserv Private LimitedDalbir Singh and Sukhwinder Singh are mutual person
- Glosec Finance Private Limited
Sukhwinder Singh and Paramjit Randhawa are mutual person
- Insectos Systems Private Limited
Paramjit Randhawa is a mutual person
- Wepay Foodtech Private Limited
Jasjot Virk and Vikramdeep Singh are mutual person
Charges (Loans)
₹17.22 Cr
₹96.57 Cr
Charges Breakdown by Lending Institutions
- Others : 14.47 Cr
- Ca Sangeeta Sharma : 2.74 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2023 | Others | ₹1.00 Cr | Open |
| 29 Nov 2023 | Others | ₹3.00 Cr | Open |
| 15 Dec 2022 | Others | ₹5.00 M | Open |
| 11 May 2022 | Others | ₹8.61 M | Open |
| 06 Dec 2021 | Others | ₹1.25 Cr | Open |
How Many Employees Work at Wepay Finance?
Wepay Finance has a workforce of 14 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 Wepay Finance, 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 Wepay Finance'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.
