Wework India Management Private Limited

Leases shared, fully or partly equipped spaces for businesses.

2016 | Bangalore, Karnataka (India) | Active
Last Updated: June 22, 2024

Wework India Management Profile

Key Indicators

  • Authorised Capital ₹ 202.49 Cr
  • Paid Up Capital ₹ 197.30 Cr
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 945.07 Cr
  • Satisfied Charges ₹ 100.00 Cr
  • Revenue Growth 72.11%
  • Profit Growth 68.71%
  • Ebitda 1252.23%
  • Net Worth -461.10%
  • Total Assets 245.26%

About Wework India Management

Wework India Management Private Limited (WIMPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 May 2016 (Eight years and nine months 16 days old ). Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Halosaur Bengaluru 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 202.49 Cr and a paid-up capital of Rs 197.30 Cr.

The company currently has active open charges totaling ₹945.07 Cr. The company has closed loans amounting to ₹100.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Wework India Management Private Limited India is Siddlingswamy Rithesh as COMPANY SECRETARY. Pandithacholanallur Rajagopalan, Manoj Kohli, Karan Virwani, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    wework.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2016PTC093227

  • Company No.

    093227

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 May 2016

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Wework India Management?

Executive Team (1)

NameDesignationAppointment DateStatus
Siddlingswamy Rithesh Company Secretary07-Mar-2022Current

Financial Performance of Wework India Management.

Wework India Management Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 72.11% increase. The company also saw a substantial improvement in profitability, with a 68.71% increase in profit. The company's net worth observed a substantial decline by a decrease of 461.1%.

Graph illustrating revenue growth over time
Graph showing 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
72.11%
Revenue from Operations
63.43%
Total Assets
245.26%
Profit or Loss
68.71%
Net Worth
-461.10%
EBITDA
1252.23%

What is the Ownership and Shareholding Structure of Wework India Management?

In 2022, Wework India Management had a promoter holding of 71.22% and a public holding of 28.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹945.07 Cr

Satisfied Charges

₹100.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 905.07 Cr
  • Tata Capital Financial Services Limited : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Feb 2023Tata Capital Financial Services Limited₹40.00 CrOpen
08 Dec 2022Others₹19.09 CrOpen
25 Nov 2022Others₹30.00 CrOpen
12 Nov 2022Others₹550.00 CrOpen
30 Jun 2022Others₹45.94 CrOpen

How Many Employees Work at Wework India Management?

Wework India Management has a workforce of 496 employees as of Apr 24, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wework India Management, 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 Wework India Management'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 Wework India Management

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 550.00 Cr registered on 12 Nov 2022 with Charge ID 100653168 was modified on 18 Jan 2024.

    18 Jan 2024

  • Annual General Meeting

    Wework India Management Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Director Appointment

    Manoj Kumar Kohli was appointed as a Director was appointed as a Director on 12 Apr 2023 & has been associated with this company since 1 year 10 months .

    12 Apr 2023

  • Director Appointment

    Anthony Yazbeck was appointed as a Director was appointed as a Director on 12 Apr 2023 & has been associated with this company since 1 year 10 months .

    12 Apr 2023

  • Charges

    A charge registered on 23 Aug 2019 via Charge ID 100290032 with Others was fully satisfied on 31 Mar 2023.

    31 Mar 2023

  • Balance Sheet

    Wework India Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Wework India Management Private Limited?

    Wework India Management Private Limited was incorporated on 13 May 2016.

  • What is authorized share capital and paid-up capital of Wework India Management Private Limited?

    The authorized share capital of Wework India Management Private Limited is ₹ 202.49 Cr and paid-up capital is ₹ 197.30 Cr.

  • Who are the current board members & directors of Wework India Management Private Limited?

    Currently 5 directors are associated with Wework India Management Private Limited.

    • Pandithacholanallur Ramakrishnan Rajagopalan
    • Manoj Kumar Kohli
    • Karan Virwani
    • Anthony Yazbeck
    • Siddlingswamy Rithesh
  • What is the registered address of Wework India Management Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Wework India Management Private Limited is 6Th Floor Prestige Central 36 Infantry Road, Shivaji Nagar, Bangalore, Karnataka, India, 560001.

  • What is the corporate identification number (CIN) and company number of Wework India Management Private Limited?

    The corporate identification number (CIN) of Wework India Management Private Limited is U74999KA2016PTC093227 and the company number is 093227 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Wework India Management Private Limited?

    The Official website of Wework India Management Private Limited is https://www.wework.co.in

  • What has been the recent revenue trend for Wework India Management Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Wework India Management Private Limited has risen by 72.11%.

  • How many employees does Wework India Management Private Limited currently have?

    As Per 2023 financial reports, 496 employees are currently employed by Wework India Management Private Limited.

  • What change has been observed in the net worth of Wework India Management Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Wework India Management Private Limited has experienced an downturn of -461.10%.

  • What are the total open charges for Wework India Management Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Wework India Management Private Limited amount to ₹ 945.07 Cr.

  • When was the last Balance Sheet of Wework India Management Private Limited filed with the ROC?

    The most recent Balance Sheet for Wework India Management Private Limited was filed with the ROC on 31 Mar 2023.

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