About Walchand Netsoft Private Limited
Data last updated:
Walchand Netsoft Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Walchand And Company Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 February 2000.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PTC124454. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹3.42 Cr and a paid-up capital of ₹3.38 Cr. It was formerly known as Walchand Cricketnext Com Private Limited. It was led by directors Sanjay Divakar Jha (Managing Director) and Pallavi Sanjay Jha (Whole-Time Director).
Its last annual general meeting (AGM) was held on 04 April 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹10,000. For the same year it recorded a net loss of ₹3.22 Lakh and EBITDA of -₹2.22 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 49% over three years.
Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it. The company has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in August 2006. Its 10 peer companies in the same principal business activity (data processing, hosting and related activities; web portal) are compared by revenue, 5 larger and 5 smaller; the largest is Threeside Technologies Private Limited with revenue of ₹10,400.
The last known website on record is walchandgroup.com.
Company details
Contact details
Walchand Netsoft Private Limited's registered office is in Mumbai, Maharashtra. Its website is walchandgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1st Floor Construction House 5 – Walchand Hirachand Marg Ballard Estat, E, Mumbai, Maharashtra, India – 400001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Walchand Netsoft 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 Walchand Netsoft is information and communication. In detail, this covers data processing, hosting and related activities; web portal.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J7 | Data processing, hosting and related activities; web portal |
Financials of Walchand Netsoft Private Limited
FY 2023 filings availableWalchand Netsoft Private Limited reported revenue of ₹10,000 for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 49% over three years. EBITDA fell 149% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹2.22 Lakh | ||||
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| Net Profit (PAT) | -₹3.22 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Walchand Netsoft Private Limited, buy the company report.
Board of directors of Walchand Netsoft Private Limited
Walchand Netsoft has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallavi Sanjay Jha Also directs: Walchand Peoplefirst Limited, Walchand and Company Private Limited | Whole-Time Director | 23 Feb 2000 | 26 Years 8 Months | As last reported |
| Sanjay Divakar Jha Also directs: Walchand Peoplefirst Limited, Walchand and Company Private Limited | Managing Director | 23 Feb 2000 | 26 Years 8 Months | As last reported |
Peer comparison
Walchand Netsoft Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (data processing, hosting and related activities; web portal), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Threeside Technologies Private Limited | ₹10,400 (FY 2025) | -10.0% | Mysore, Karnataka, India | |||
| Viswire Simulation and Training Private Limited | ₹10,367 (FY 2025) | -100.0% | Chennai, Tamil Nadu, India | |||
| Connecting World ITES Private Limited | ₹10,212 (FY 2022) | Bhopal, Madhya Pradesh, India | ||||
| Na3 Technologies Private Limited | ₹10,177 (FY 2024) | 5851.0% | Chennai, Tamil Nadu, India | |||
| SFDC Mindz Private Limited | ₹10,049 (FY 2023) | Nagpur, Maharashtra, India | ||||
| Walchand Netsoft Private Limitedthis company | ₹10,000 (FY 2023) | -₹3.22 Lakh | Mumbai, Maharashtra, India | |||
| Codefuel Software & Solutions (OPC) Private Limited | ₹10,000 (FY 2025) | -100.0% | Srinagar, Jammu and Kashmir, India | |||
| Syntrum Moderator Private Limited | ₹10,000 (FY 2025) | Indore, Madhya Pradesh, India | ||||
| Ecreeds Info Solutions Private Limited | ₹10,000 (FY 2019) | 541.0% | Thane, Maharashtra, India | |||
| Webinit Private Limited | ₹10,000 (FY 2024) | -46.0% | Kanpur, Uttar Pradesh, India | |||
| Vibrant Logtally Solutions Private Limited | ₹9,940 (FY 2021) | -99.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Walchand Netsoft Private Limited, buy the company report.
Auditor
Walchand Netsoft Private Limited is audited by K.S.AIYAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.S.AIYAR & CO | FY 2022 | 100186W |
Shareholding
The shareholding of Walchand Netsoft Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
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| Others |
To see the full shareholding pattern of Walchand Netsoft Private Limited, buy the company report.
Deals & funding
Walchand Netsoft Private Limited has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in August 2006.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2006 | Acquisition | Undisclosed | Buyer: Web18 Holdings Limited |
| Jan 2006 | Secondary share transfer | Undisclosed | Buyer: Centurian Bank of Punjab Seller: KVP Venture Capital Fund |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Walchand Netsoft Private Limited has 9 court cases on record: 1 filed by Walchand Netsoft, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 8 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APP) | Filed by the company against All Star Management Group Pvt.Ltd. | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by Commissioner of Income Tax-2 | Disposed |
| Bombay High Court | Company petition | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
| Bombay High Court | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Walchand Netsoft Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Walchand Netsoft Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Walchand Netsoft has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Walchand Netsoft Private Limited, buy the company report.
Recent activity
Walchand Netsoft Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Pallavi Sanjay Jha ceased to be Director on 01 Apr 2019.
Frequently asked questions
Walchand Netsoft has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Walchand Netsoft was a private limited company based in Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 23 February 2000 and is registered under CIN U72900MH2000PTC124454. The company has been struck off by the Registrar of Companies and is no longer operational.
Walchand Netsoft had 2 directors:
- Sanjay Divakar Jha - Managing Director
- Pallavi Sanjay Jha - Whole-Time Director
The CIN (Corporate Identification Number) of Walchand Netsoft is U72900MH2000PTC124454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Walchand Netsoft is at 1st Floor Construction House 5 – Walchand Hirachand Marg Ballard Estat, E, Mumbai, Maharashtra, India – 400001.
Walchand Netsoft was incorporated on 23 February 2000. It is registered with the Registrar of Companies, Mumbai.
Walchand Netsoft can be reached through the website walchandgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Walchand Netsoft on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 04 April 2023. Year-wise statements from 2015 are in the company report.
No. Walchand Netsoft has 1 GST registration on record and it is cancelled or inactive.
Walchand Netsoft operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
Walchand Netsoft has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in August 2006.