About We3folks Data Services Private Limited
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We3folks Data Services Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Oremus Corporate Services Private Limited. It operates in the business process outsourcing sector. It was incorporated on 17 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U66190TG2016PTC111508. Its GSTIN is 36AACCO3760G1ZI (Telangana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Padmanabhan Balasubramanian and Raj Shekhar Rayaprolu.
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 Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.25 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹11.88 Lakh (net margin -9.5%) and EBITDA of -₹9.41 Lakh (EBITDA margin -7.5%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 2% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website oremuscorp.com.
Company details
CIN history
We3folks Data Services has one previous CIN (Corporate Identification Number): U72200TG2016PTC111508. The current CIN is U66190TG2016PTC111508, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66190TG2016PTC111508 | Current |
| U72200TG2016PTC111508 | Previous |
Contact details
We3folks Data Services Private Limited's registered office is in Hyderabad, Telangana.
- Social Media
- Registered Address8 – 2 – 630/B/B/1 Mount Banjara Complex, Road No. 12, Hyderabad, Telangana, India – 500034
- IndustryBusiness Outsourcing, Business Process Outsourcing
- 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 We3folks Data Services is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of We3folks Data Services Private Limited, buy the company report.
Financials of We3folks Data Services Private Limited
FY 2024 filings availableWe3folks Data Services Private Limited reported revenue of ₹1.25 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹9.41 Lakh | ||||
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| Net Profit (PAT) | -₹11.88 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -7.5% | ||||
| Net Profit Margin | -9.5% | ||||
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To see the full financial statements and ratios of We3folks Data Services Private Limited, buy the company report.
Board of directors of We3folks Data Services Private Limited
We3folks Data Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padmanabhan Balasubramanian | Director | 17 Aug 2016 | 10 Years 2 Months | Current |
| Raj Shekhar Rayaprolu | Director | 19 Aug 2016 | 10 Years 2 Months | Current |
| Suresh Kumar Gupta | Director | 17 Aug 2016 | 10 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving We3folks Data Services 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 We3folks Data Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
We3folks Data Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCO3760G1ZI | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of We3folks Data Services Private Limited, buy the company report.
Recent activity
We3folks Data Services Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Raj Shekhar Rayaprolu ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
We3folks Data Services is an active private limited company based in Hyderabad, Telangana, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 17 August 2016 (10+ years old) and is registered under CIN U66190TG2016PTC111508.
We3folks Data Services has 3 current directors:
- Padmanabhan Balasubramanian - Director
- Raj Shekhar Rayaprolu - Director
- Suresh Kumar Gupta - Director
The latest financial statements of We3folks Data Services 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 2017 are in the company report.
The GSTIN of We3folks Data Services is 36AACCO3760G1ZI, registered in Telangana.
The CIN (Corporate Identification Number) of We3folks Data Services is U66190TG2016PTC111508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
We3folks Data Services was incorporated on 17 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
Raj Shekhar Rayaprolu ceased to be Additional Director on 29 Sep 2017. Raj Shekhar Rayaprolu was appointed as Director on 19 Aug 2016. Padmanabhan Balasubramanian was appointed as Director on 17 Aug 2016. We3folks Data Services has 4 board changes on record in total.
We3folks Data Services can be reached through the website oremuscorp.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of We3folks Data Services is at 8 – 2 – 630BB1 Mount Banjara Complex, Road No. 12, Hyderabad, Telangana, India – 500034.
We3folks Data Services operates in the business outsourcing industry, in the business process outsourcing segment.
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