
About Wcube Solutions Private Limited
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Wcube Solutions Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 25 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2019PTC357976. Its GSTIN is 07AACCW5518Q1ZQ (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹8.9 Lakh. It is led by directors Udit Karan Chandhok and Vinay Chandhok.
Its last annual general meeting (AGM) was held on 30 December 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 1793 – C S/F Parsadi Gali, Kotla Mubarak Pur, New Delhi, Delhi, India – 110003.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.04 Cr (net margin -35.4%) and EBITDA of -₹3 Cr (EBITDA margin -34.9%).
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: WCube. Court records list 29 cases involving the company, including 20 filed by the company and 9 filed against it; 8 cases are pending. The company has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹2.74 Cr; the latest was in December 2022. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Greenways Tradelink Private Limited with revenue of ₹8.58 Cr.
Wcube Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-04-0017788). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wcubeindia.com.
Company details
Recognitions & Rankings of Wcube Solutions
- Category
- Small (2023-24)
- Udyam number
- UDYAM-DL-04-0017788
Contact details
Wcube Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is wcubeindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1793 – C S/F Parsadi Gali, Kotla Mubarak Pur, New Delhi, Delhi, India – 110003
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Wcube 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
Brands
Wcube Solutions operates one associated brand: WCube. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| B2B procurement marketplace is operated for mid-sized enterprises. | wcubeindia.com |
Business activity
The main business activity of Wcube Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Wcube Solutions Private Limited, buy the company report.
Financials of Wcube Solutions Private Limited
FY 2022 filings availableWcube Solutions Private Limited reported revenue of ₹8.58 Cr (up 464% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 464% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹8.58 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.04 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 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -34.9% | ||
| Net Profit Margin | -35.4% | ||
| 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 Wcube Solutions Private Limited, buy the company report.
Board of directors of Wcube Solutions Private Limited
Wcube Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udit Karan Chandhok Also directs: Kairosco Technologies Private Limited | Director | 25 Nov 2019 | 6 Years 11 Months | Current |
| Vinay Chandhok Also directs: Udayah Advisors LLP, Buildnscale Brands Private Limited | Director | 12 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Wcube Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greenways Tradelink Private Limited | ₹8.58 Cr (FY 2024) | 6.0% | New Delhi, Delhi, India | |||
| Biomed (I) Healthcare Private Limited | ₹8.58 Cr (FY 2019) | -4.0% | Hyderabad, Telangana, India | |||
| Ky Smart Gold Private Limited | ₹8.58 Cr (FY 2025) | -2.0% | Surat, Gujarat, India | |||
| Modasa Pharmaceuticals Private Limited | ₹8.58 Cr (FY 2025) | 37.0% | Modasa, Gujarat, India | |||
| Shree Matre Trading Private Limited | ₹8.58 Cr (FY 2025) | 613.0% | Hyderabad, Telangana, India | |||
| Wcube Solutions Private Limitedthis company | ₹8.58 Cr (FY 2022) | -₹3.04 Cr | -35.4% | 464.0% | 26 | New Delhi, Delhi, India |
| Tawwab Pharma Private Limited | ₹8.58 Cr (FY 2024) | 3.0% | Thane, Maharashtra, India | |||
| Reloved Gadgets Private Limited | ₹8.58 Cr (FY 2025) | -20.0% | New Delhi, Delhi, India | |||
| Fronteria Systems Private Limited | ₹8.57 Cr (FY 2021) | 309.0% | Mumbai, Maharashtra, India | |||
| Susri Computers and Consultancy Private Limited | ₹8.57 Cr (FY 2025) | -28.0% | Khurda, Odisha, India | |||
| Gagan Impex Private Limited | ₹8.57 Cr (FY 2025) | -46.0% | Vijayawada, Andhra Pradesh, India |
To see the full peer comparison of Wcube Solutions Private Limited, buy the company report.
Auditor
Wcube Solutions Private Limited is audited by SUDESH D KUMAR & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDESH D KUMAR & COMPANY | FY 2022 | 0020614N |
Shareholding
The shareholding of Wcube Solutions Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Wcube Solutions Private Limited, buy the company report.
Deals & funding
Wcube Solutions Private Limited has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹2.74 Cr; the latest was in December 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Funding round | ₹2.74 Cr | Investors: 4 individuals |
| Aug 2021 | Rights issue | ₹6.3 Cr | Investors: Netgraph Investment In Enterprises Llc, ProgressiveConsultancy Services Private Limited, 2 individuals |
| Aug 2021 | Rights issue | ₹6.7 Lakh | Investors: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Wcube Solutions Private Limited has 29 court cases on record: 20 filed by Wcube Solutions, 9 filed against it. 8 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 24 | 4 | 4 |
| District courts | 5 | 5 | 4 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Cheque dishonour complaint | Filed against the company by Bluwheelz Mobility Services Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Crescent Office Solutions Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Unique Hygiene Products | Pending |
To see the full case history of Wcube Solutions 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 Wcube Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Wcube Solutions Private Limited has a workforce of 26 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Wcube Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCW5518Q1ZQ | Delhi | Active | 10 Dec 2019 |
| 06AACCW5518Q1ZS | Haryana | Active | 04 Jul 2022 |
To see the full GST registrations and return filing status of Wcube Solutions Private Limited, buy the company report.
Recent activity
Wcube Solutions Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Akash Narain Mittal ceased to be Director on 31 Dec 2022.
Frequently asked questions
Wcube Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in wholesale, within the trading industry. It was incorporated on 25 November 2019 (7+ years old) and is registered under CIN U74999DL2019PTC357976.
Wcube Solutions has 2 current directors:
- Udit Karan Chandhok - Director
- Vinay Chandhok - Director
The latest financial statements of Wcube Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 December 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Wcube Solutions is 07AACCW5518Q1ZQ, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AACCW5518Q1ZS (Haryana).
The CIN (Corporate Identification Number) of Wcube Solutions is U74999DL2019PTC357976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wcube Solutions has 29 court cases on record: 20 filed by the company and 9 filed against it. 8 are pending. Most are in the nclat.
Wcube Solutions was incorporated on 25 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
Wcube Solutions has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹2.74 Cr; the latest was in December 2022.
The peers of Wcube Solutions by revenue are Greenways Tradelink Private Limited, Biomed (I) Healthcare Private Limited, Ky Smart Gold Private Limited, Modasa Pharmaceuticals Private Limited, Shree Matre Trading Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Akash Narain Mittal ceased to be Director on 31 Dec 2022. Vinay Chandhok ceased to be Additional Director on 30 Dec 2022. Vinay Chandhok was appointed as Director on 12 Dec 2022. Wcube Solutions has 5 board changes on record in total.
Yes, Wcube Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).