Weave Bytes Infotech Private Limited
About Weave Bytes Infotech Private Limited
Data last updated:
Weave Bytes Infotech Private Limited was a private limited company based in Kharar, Punjab, India. 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 services segment of the services sector. It was incorporated on 14 December 2011.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72200PB2011PTC035742. Its GSTIN is 03AABCW1741N1ZC (Punjab).
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Kulwant Singh and Surjit Kaur.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Showroom No. 81 – C 2nd Floor Hb No. 184 City Heart, Kharar, Punjab, India – 140301.
As per the financials filed for FY 2019, the company reported a revenue of ₹35.48 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹50,264 (net margin -1.4%) and EBITDA of ₹12.66 Lakh (EBITDA margin 35.7%).
Company details
Contact details
Weave Bytes Infotech Private Limited's registered office is in Kharar, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShowroom No. 81 – C 2nd Floor Hb No. 184 City Heart, Kharar, Punjab, India – 140301
- IndustryService, Information Technology Services
To see the full contact details of Weave Bytes Infotech 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 Weave Bytes Infotech Private Limited
FY 2023 filings availableWeave Bytes Infotech Private Limited reported revenue of ₹35.48 Lakh (down 38% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year. EBITDA fell 36% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹35.48 Lakh | ||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹12.66 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹50,264 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.7% | ||||
| Net Profit Margin | -1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Weave Bytes Infotech Private Limited, buy the company report.
Board of directors of Weave Bytes Infotech Private Limited
Weave Bytes Infotech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kulwant Singh | Director | 14 Dec 2011 | 14 Years 10 Months | As last reported |
| Surjit Kaur | Director | 01 Oct 2013 | 13 Years 1 Months | As last reported |
Auditor
Weave Bytes Infotech Private Limited is audited by PAWAN KATARIA AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PAWAN KATARIA AND COMPANY | FY 2017 | 023747N |
Shareholding
The shareholding of Weave Bytes Infotech Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Weave Bytes Infotech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Weave Bytes Infotech 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 Weave Bytes Infotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Weave Bytes Infotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCW1741N1ZC | Punjab | Active | 17 Aug 2017 |
To see the full GST registrations and return filing status of Weave Bytes Infotech Private Limited, buy the company report.
Recent activity
Weave Bytes Infotech Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Navjot Singh Kanda ceased to be Director on 08 Nov 2019.
Frequently asked questions
Weave Bytes Infotech 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.
Weave Bytes Infotech was a private limited company based in Kharar, Punjab, India. The company worked in information technology services, within the service industry. It was incorporated on 14 December 2011 and is registered under CIN U72200PB2011PTC035742. The company has been struck off by the Registrar of Companies and is no longer operational.
Weave Bytes Infotech had 2 directors:
- Kulwant Singh - Director
- Surjit Kaur - Director
The CIN (Corporate Identification Number) of Weave Bytes Infotech is U72200PB2011PTC035742. 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 Weave Bytes Infotech is at Showroom No. 81 – C 2nd Floor Hb No. 184 City Heart, Kharar, Punjab, India – 140301.
Weave Bytes Infotech was incorporated on 14 December 2011. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Weave Bytes Infotech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Weave Bytes Infotech is 03AABCW1741N1ZC, registered in Punjab.
Weave Bytes Infotech operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
Navjot Singh Kanda ceased to be Director on 08 Nov 2019. Surjit Kaur was appointed as Director on 01 Oct 2013. Kulwant Singh was appointed as Director on 14 Dec 2011.
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