About Endurance Web Solutions Private Limited
Data last updated:
Endurance Web Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Endurance Singapore Holdings Pte. Ltd.. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 30 November 2012.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2012PTC290955. Its GSTIN is 27AADCE2603H1Z0 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.14 Cr. It is led by directors including Raviraj Ramesh Parab and Shankar Viswanathan (Irp/Rp/Liquidator).
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 017 Wework Nesco IT Park Building 4 Nesco IT Park, Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.34 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Lakh (net margin 65.4%) and EBITDA of -₹1.75 Lakh (EBITDA margin -40.2%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 70% over five years.
The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.34 Cr; the latest was in September 2018.
The last known website on record is endurance.com.
Company details
CIN history
Endurance Web Solutions has one previous CIN (Corporate Identification Number): U72200KA2012PTC066977. The current CIN is U72200MH2012PTC290955, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2012PTC290955 | Current |
| U72200KA2012PTC066977 | Previous |
Contact details
Endurance Web Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is endurance.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressHd – 017 Wework Nesco IT Park Building 4 Nesco IT Park Western Express Highway Go, Regaon (E), Mumbai, Maharashtra, India – 400063
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Endurance Web Solutions 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
Financials of Endurance Web Solutions Private Limited
FY 2024 filings availableEndurance Web Solutions Private Limited reported revenue of ₹4.34 Lakh (down 91% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 91% fall in the latest year. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.34 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.84 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -40.2% | ||||
| Net Profit Margin | 65.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Endurance Web Solutions Private Limited, buy the company report.
Board of directors of Endurance Web Solutions Private Limited
Endurance Web Solutions has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raviraj Ramesh Parab | Director | 21 Aug 2017 | 9 Years 2 Months | As last reported |
| Shankar Viswanathan | Irp/Rp/Liquidator | 31 Dec 2024 | 1 Years 10 Months | As last reported |
| Deepak Dalwani | Director | 17 Feb 2022 | 4 Years 8 Months | As last reported |
Auditor
Endurance Web Solutions Private Limited is audited by M S K A & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & ASSOCIATES | FY 2021 | 105047W |
Shareholding
The shareholding of Endurance Web Solutions Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Endurance Web Solutions Private Limited, buy the company report.
Deals & funding
Endurance Web Solutions Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.34 Cr; the latest was in September 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: The Endurance International Group Inc Seller: Endurance Web Solutions Private Limited |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Endurance Web Solutions Private Limited Seller: The Endurance International Group Inc |
| Mar 2015 | Funding round | ₹1.2 Cr | Investors: Endurance Singapore Holdings Pte Limited |
| Sep 2013 | Funding round | ₹12.14 Cr | Investors: Endurance Singapore Holdings Pte Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Endurance Web Solutions 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 Endurance Web Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Endurance Web Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCE2603H1Z0 | Maharashtra | Active | 21 Sep 2017 |
| 29AADCE2603H1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Endurance Web Solutions Private Limited, buy the company report.
Recent activity
Endurance Web Solutions Private Limited has 11 board changes on record since 2017: 3 appointments and 8 cessations. The latest: Shankar Viswanathan was appointed as Irp/Rp/Liquidator on 31 Dec 2024.
2 earlier events are in the company report.
Frequently asked questions
Endurance Web Solutions is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Endurance Web Solutions is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 30 November 2012 and is registered under CIN U72200MH2012PTC290955. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Endurance Web Solutions has 3 current directors:
- Raviraj Ramesh Parab - Director
- Deepak Dalwani - Director
- Shankar Viswanathan - Irp/Rp/Liquidator
The latest financial statements of Endurance Web Solutions 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Endurance Web Solutions is U72200MH2012PTC290955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Endurance Web Solutions was incorporated on 30 November 2012. It is registered with the Registrar of Companies, Mumbai.
Endurance Web Solutions has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹13.34 Cr; the latest was in September 2018.
Shankar Viswanathan was appointed as Irp/Rp/Liquidator on 31 Dec 2024. Deepak Dalwani ceased to be Additional Director on 30 Sep 2022. Deepak Dalwani was appointed as Director on 17 Feb 2022. Endurance Web Solutions has 11 board changes on record in total.
Endurance Web Solutions can be reached through the website endurance.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Endurance Web Solutions is at Hd – 017 Wework Nesco IT Park Building 4 Nesco IT Park Western Express Highway Go, Regaon E, Mumbai, Maharashtra, India – 400063.
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