We Zing Solutions Private Limited

We Zing Solutions Private Limited - internet in Patiala, Punjab, India. FY 2026 financials & compliance.
CIN U72900PB2021PTC054044 Incorporated 17 August 2021 ROC Chandigarh HQ Patiala, Punjab, India
Active Private Limited Company internet MSME · Micro
Data last updated
Revenue · FY 2024
₹1.48 Cr
▲ 89% YoY
Net loss · FY 2024
₹19.04 Lakh
Net margin -12.9%
EBITDA · FY 2024
-₹18.95 Lakh
EBITDA margin -12.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About We Zing Solutions Private Limited

Data last updated:

We Zing Solutions Private Limited is a private limited company based in Patiala, Punjab, India. It operates in the online gaming platforms segment of the internet and digital services sector. It was incorporated on 17 August 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2021PTC054044. Its GSTIN is 03AADCW0327J1ZM (Punjab).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Gurinder Verma and Ranjit Verma.

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 Patiala, Punjab.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.48 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net loss of ₹19.04 Lakh (net margin -12.9%) and EBITDA of -₹18.95 Lakh (EBITDA margin -12.8%).

We Zing Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0039312). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900PB2021PTC054044
Registration Number 054044
Incorporation Date 17 August 2021
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-20-0039312

Recognitions & Rankings of We Zing Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-PB-20-0039312

Contact details

We Zing Solutions Private Limited's registered office is in Patiala, Punjab. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Shop No. 1599/C/4, Bahera Road, Patiala, Punjab, India – 147001
  • Industry
    Internet, Online Gaming Platforms

To see the full contact details of We Zing Solutions Private Limited, buy the company report.

Comprehensive company report
We Zing Solutions Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of We Zing Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ2Publishing of computer operating systems, system software, application software, games, etc.

To see the full business activity and turnover split of We Zing Solutions Private Limited, buy the company report.

Financials of We Zing Solutions Private Limited

FY 2024 filings available

We Zing Solutions Private Limited reported revenue of ₹1.48 Cr (up 89% YoY) for FY 2024.

Revenue · FY 2024
₹1.48 Cr ▲ 89%
Net loss · FY 2024
₹19.04 Lakh margin -12.9%
EBITDA · FY 2024
-₹18.95 Lakh margin -12.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 89%
EBITDA CAGR growth
1 year
▼ 230%

Revenue rose 89% in the latest year. EBITDA fell 230% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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-₹18.95 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹19.04 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-12.8%
Net Profit Margin-12.9%
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 We Zing Solutions Private Limited, buy the company report.

Board of directors of We Zing Solutions Private Limited

We Zing Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Gurinder VermaDirector17 Aug 20215 Years 2 MonthsCurrent
Ranjit VermaDirector17 Aug 20215 Years 2 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for We Zing Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

We Zing Solutions Private Limited has 1 active EPFO establishment as of Apr 09, 2024.

Active EPFO establishments
1

GST

We Zing Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AADCW0327J1ZMPunjabActive21 Sep 2021

To see the full GST registrations and return filing status of We Zing Solutions Private Limited, buy the company report.

Recent activity

We Zing Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Gurinder Verma was appointed as Director on 17 Aug 2021.

AGM
We Zing Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
We Zing Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Appointed
Gurinder Verma was appointed as Director.
Appointed
Ranjit Verma was appointed as Director.
Incorporation
17 Aug 2021
We Zing Solutions Private Limited was registered on 17 Aug 2021 with Roc Chandigarh & aged 5 years 2 months as per MCA records.

Frequently asked questions

We Zing Solutions is an active private limited company based in Patiala, Punjab, India. The company works in online gaming platforms, within the internet industry. It was incorporated on 17 August 2021 (5+ years old) and is registered under CIN U72900PB2021PTC054044.

We Zing Solutions has 2 current directors:

The latest financial statements of We Zing 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 FY 2022 are in the company report.

The GSTIN of We Zing Solutions is 03AADCW0327J1ZM, registered in Punjab.

The CIN (Corporate Identification Number) of We Zing Solutions is U72900PB2021PTC054044. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

We Zing Solutions was incorporated on 17 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chandigarh.

Gurinder Verma was appointed as Director on 17 Aug 2021. Ranjit Verma was appointed as Director on 17 Aug 2021.

Yes, We Zing Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-20-0039312).

The registered office of We Zing Solutions is at Shop No. 1599C4, Bahera Road, Patiala, Punjab, India – 147001.

We Zing Solutions operates in the internet industry, in the online gaming platforms segment.