Web-Ace Tech Services Private Limited
About Web-Ace Tech Services Private Limited
Data last updated:
Web-Ace Tech Services Private Limited is a private limited company based in Howrah, West Bengal, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 09 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72900WB2020PTC235786. Its GSTIN is 19AACCW5849E1Z0 (West Bengal).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹10,000. It is led by directors including Mahesh Pandey and Ekta Sewag.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 6 Narsingh Bose Lane 4th Floor Fazir Bazar, Howrah, West Bengal, India – 711101.
As per the financials filed for FY 2024, the company reported a revenue of ₹32,853, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹1.84 Lakh and EBITDA of ₹9,425 (EBITDA margin 28.7%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years.
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- Registered Address6 Narsingh Bose Lane 4th Floor Fazir Bazar, Howrah, West Bengal, India – 711101
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Web-Ace Tech Services Private Limited
The main business activity of Web-Ace Tech Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Web-Ace Tech Services Private Limited FY 2024 filings available
Web-Ace Tech Services Private Limited reported revenue of ₹32,853 (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Web-Ace Tech Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 81% over three years, including a 99% fall in the latest year. EBITDA fell 96% 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 of Web-Ace Tech Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹9,425 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.84 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 of Web-Ace Tech Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Web-Ace Tech Services are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Web-Ace Tech Services Private Limited
Web-Ace Tech Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nutritracs Systems Private Limited | ₹33,000 (FY 2017) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Globe IT Solution Private Limited | ₹33,000 (FY 2017) | •••• | •••• | -85.0% | •••• | Mumbai, Maharashtra, India |
| Hexcode Think Private Limited | ₹32,944 (FY 2023) | •••• | •••• | •••• | Malappuram, Kerala, India | |
| Aplopio Technology Private Limited | ₹32,932 (FY 2025) | •••• | •••• | -99.0% | •••• | Bangalore, Karnataka, India |
| CPJ Software Private Limited | ₹32,915 (FY 2025) | •••• | •••• | -85.0% | •••• | Chirala, Andhra Pradesh, India |
| Web-Ace Tech Services Private Limited this company | ₹32,853 (FY 2024) | •••• | •••• | -99.0% | •••• | Howrah, West Bengal, India |
| TRB Funtooss Private Limited | ₹32,840 (FY 2025) | •••• | •••• | 56.0% | •••• | Mumbai, Maharashtra, India |
| Red Angle Innovations Private Limited | ₹32,800 (FY 2025) | •••• | •••• | 20.0% | •••• | Bangalore, Karnataka, India |
| Ideasci Infoware Private Limited | ₹32,798 (FY 2018) | •••• | •••• | -99.0% | •••• | Mumbai, Maharashtra, India |
| Infonion Software Solutions Private Limited | ₹32,715 (FY 2024) | •••• | •••• | -87.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Lead Seeders Infocom Private Limited | ₹32,648 (FY 2025) | •••• | •••• | -96.0% | •••• | Kochi, Kerala, India |
Peers are the five companies nearest above and the five nearest below Web-Ace Tech Services by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Web-Ace Tech Services Private Limited
Web-Ace Tech Services has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Pandey | Director | 09 Jan 2020 | 6 Years 9 Months | Current |
| Ekta Sewag | Director | 09 Jan 2020 | 6 Years 9 Months | Current |
| Lovely Shah Also directs: Rajiv Automation Private Limited | Additional Director | 03 Feb 2026 | 0 Years 8 Months | Current |
| Biswa Prakash Mohanty | Additional Director | 05 Feb 2026 | 0 Years 8 Months | Current |
Ownership and Shareholding of Web-Ace Tech Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Web-Ace Tech Services Private Limited
Web-Ace Tech Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Web-Ace Tech Services Private Limited
Employment history and EPFO contributions of people linked to Web-Ace Tech Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Web-Ace Tech Services Private Limited
Web-Ace Tech Services Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Biswa Prakash Mohanty was appointed as Additional Director on 05 Feb 2026.
Credit Ratings, Litigation & Regulatory Alerts for Web-Ace Tech Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Web-Ace Tech Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Web-Ace Tech Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Web-Ace Tech Services Private Limited
Web-Ace Tech Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCW5849E1Z0 | West Bengal | Active | 25 Feb 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Web-Ace Tech Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Web-Ace Tech Services Private Limited
Web-Ace Tech Services is an active private limited company based in Howrah, West Bengal, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 09 January 2020 (6+ years old) and is registered under CIN U72900WB2020PTC235786.
Web-Ace Tech Services reported revenue of ₹32,853 for FY 2024 (down 99% YoY).
Web-Ace Tech Services has 4 current directors:
- Mahesh Pandey - Director
- Ekta Sewag - Director
- Lovely Shah - Additional Director
- Biswa Prakash Mohanty - Additional Director
Web-Ace Tech Services reported a net loss of ₹1.84 Lakh and EBITDA of ₹9,425 (EBITDA margin 28.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Web-Ace Tech Services is -81% over three years. In the latest year (FY 2024) revenue fell 99%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Web-Ace Tech Services is 19AACCW5849E1Z0, registered in West Bengal.
The CIN (Corporate Identification Number) of Web-Ace Tech Services is U72900WB2020PTC235786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Web-Ace Tech Services was incorporated on 09 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Web-Ace Tech Services by revenue are Nutritracs Systems Private Limited, Globe IT Solution Private Limited, Hexcode Think Private Limited, Aplopio Technology Private Limited, CPJ Software Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Biswa Prakash Mohanty was appointed as Additional Director on 05 Feb 2026. Lovely Shah was appointed as Additional Director on 03 Feb 2026. Ekta Sewag was appointed as Director on 09 Jan 2020. Web-Ace Tech Services has 4 board changes on record in total.
The registered office of Web-Ace Tech Services is at 6 Narsingh Bose Lane 4th Floor Fazir Bazar, Howrah, West Bengal, India – 711101.