About Bective and Wesley Private Limited
Data last updated:
Bective and Wesley Private Limited is a foreign private limited company based in Indore, Madhya Pradesh, India, a subsidiary of Fusion Business Solutions (Uk) Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 16 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74999MP2018FTC045301. Its GSTIN is 23AAHCB7129D1Z0 (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ajit Kumar Patil (Whole-Time Director) and Hrishikesh Nandedkar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 488 2nd Floor M G Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.43 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.8 Cr (net margin 12.5%) and EBITDA of ₹2.47 Cr (EBITDA margin 17.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 19% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website fusiongbs.com.
Company details
Contact details
Bective and Wesley Private Limited's registered office is in Indore, Madhya Pradesh. Its website is fusiongbs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 488 2nd Floor M G Road, Indore, Madhya Pradesh, India – 452001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Bective and Wesley Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Bective and Wesley is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Bective and Wesley Private Limited, buy the company report.
Financials of Bective and Wesley Private Limited
FY 2024 filings availableBective and Wesley Private Limited reported revenue of ₹14.43 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.8 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.1% | ||||
| Net Profit Margin | 12.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bective and Wesley Private Limited, buy the company report.
Board of directors of Bective and Wesley Private Limited
Bective and Wesley has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Kumar Patil | Whole-Time Director | 26 Sep 2018 | 8 Years 1 Months | Current |
| John Christopher Mohan | Director | 16 Mar 2018 | 8 Years 7 Months | Current |
| Hrishikesh Nandedkar | Whole-Time Director | 19 Sep 2018 | 8 Years 1 Months | Current |
| Mark Kelvin Lyttle | Director | 16 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Bective and Wesley Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Capslock Marketplaces Private Limited | ₹14.46 Cr (FY 2025) | 425.0% | Bangalore, Karnataka, India | |||
| Inventum Technologies Private Limited | ₹14.46 Cr (FY 2025) | 31.0% | New Delhi, Delhi, India | |||
| Pivoting Owl Technologies Private Limited | ₹14.45 Cr (FY 2025) | 78.0% | Bangalore, Karnataka, India | |||
| Doordash Technologies India Private Limited | ₹14.44 Cr (FY 2025) | 137.0% | Pune, Maharashtra, India | |||
| Vui Consultancy Private Limited | ₹14.43 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Bective and Wesley Private Limitedthis company | ₹14.43 Cr (FY 2025) | ₹1.8 Cr | 12.5% | -3.0% | 55 | Indore, Madhya Pradesh, India |
| Airpush India Private Limited | ₹14.41 Cr (FY 2018) | -38.0% | Bengaluru, Karnataka, India | |||
| Siliconveins Private Limited | ₹14.41 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Aci Global Business Services Private Limited | ₹14.41 Cr (FY 2025) | 8.0% | Hyderabad, Telangana, India | |||
| Rolta India Limited | ₹14.4 Cr (FY 2025) | -23.0% | Mumbai, Maharashtra, India | |||
| Core Value Technologies Private Limited | ₹14.39 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India |
To see the full peer comparison of Bective and Wesley Private Limited, buy the company report.
Auditor
Bective and Wesley Private Limited is audited by MAHESHWARI MALPANI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESHWARI MALPANI & ASSOCIATES | FY 2022 | 018478C |
Shareholding
The shareholding of Bective and Wesley Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bective and Wesley Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bective and Wesley Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bective and Wesley Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bective and Wesley Private Limited has a workforce of 55 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Bective and Wesley has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAHCB7129D1Z0 | Madhya Pradesh | Active | 22 Nov 2018 |
To see the full GST registrations and return filing status of Bective and Wesley Private Limited, buy the company report.
Recent activity
Bective and Wesley Private Limited has 7 board changes on record since 2018: 4 appointments and 3 cessations. The latest: Ajit Kumar Patil ceased to be Additional Director on 19 Aug 2019.
Frequently asked questions
Bective and Wesley is an active foreign private limited company based in Indore, Madhya Pradesh, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 16 March 2018 (8+ years old) and is registered under CIN U74999MP2018FTC045301.
Bective and Wesley has 4 current directors:
- Ajit Kumar Patil - Whole-Time Director
- Hrishikesh Nandedkar - Whole-Time Director
- John Christopher Mohan - Director
- Mark Kelvin Lyttle - Director
The latest financial statements of Bective and Wesley on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Bective and Wesley is 23AAHCB7129D1Z0, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Bective and Wesley is U74999MP2018FTC045301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bective and Wesley was incorporated on 16 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Bective and Wesley by revenue are Capslock Marketplaces Private Limited, Inventum Technologies Private Limited, Pivoting Owl Technologies Private Limited, Doordash Technologies India Private Limited, Vui Consultancy Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).
Ajit Kumar Patil ceased to be Additional Director on 19 Aug 2019. Hrishikesh Nandedkar ceased to be Additional Director on 19 Aug 2019. Ajit Kumar Patil was appointed as Whole-Time Director on 26 Sep 2018. Bective and Wesley has 7 board changes on record in total.
Bective and Wesley can be reached through the website fusiongbs.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Bective and Wesley is at No. 488 2nd Floor M G Road, Indore, Madhya Pradesh, India – 452001.
Bective and Wesley operates in the information technology industry, in the IT consulting and support services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
