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Wecareus Services Private Limited - business services in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹3.13 Lakh
▼ 52% YoY
Net loss · FY 2022
₹1.9 Lakh
Net margin -60.7%
EBITDA · FY 2022
-₹1.87 Lakh
EBITDA margin -59.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
GST registrations
1
None active
About Wecareus Services Private Limited
Data last updated:
Wecareus Services Private Limited is a private limited company based in Nashik, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diversified business activities segment of the business services sector. It was incorporated on 09 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2019PTC325204. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vaishali Santosh Patani and Santosh Rikhabchand Patni.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 11 Circle Tower Opp. Circle Cinema Ashok Stambh, Nashik, Maharashtra, India – 422002.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.13 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹1.9 Lakh (net margin -60.7%) and EBITDA of -₹1.87 Lakh (EBITDA margin -59.7%).
The company is associated with 1 brand: I am genii.
For more details, the company can be reached via its website iamgenii.com.
Company details
CIN U74999MH2019PTC325204
Registration Number 325204
Incorporation Date 09 May 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
Key People
Vaishali Santosh Patani Director Santosh Rikhabchand Patni Director Vijayraj Ranulal Surana Director Recognitions & Rankings of Wecareus Services
Contact details
Wecareus Services Private Limited's registered office is in Nashik, Maharashtra. Its website is iamgenii.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address11 Circle Tower Opp. Circle Cinema Ashok Stambh, Nashik, Maharashtra, India – 422002
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Wecareus Services Private Limited, buy the company report.
Comprehensive company report
Wecareus Services 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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Brands
Wecareus Services operates one associated brand: I am genii. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hosts a digital marketplace connecting users with local service providers. | iamgenii.com |
Business activity
The main business activity of Wecareus Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Wecareus Services Private Limited, buy the company report.
Financials of Wecareus Services Private Limited
FY 2022 filings availableWecareus Services Private Limited reported revenue of ₹3.13 Lakh (down 52% YoY) for FY 2022.
Revenue · FY 2022
₹3.13 Lakh ▼ 52%
Net loss · FY 2022
₹1.9 Lakh margin -60.7%
EBITDA · FY 2022
-₹1.87 Lakh margin -59.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 52%
Revenue fell 52% 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 | |||
| Other Income | |||
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| Employee Benefit Expense | |||
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| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.87 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.9 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -59.7% | ||
| Net Profit Margin | -60.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| 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 Wecareus Services Private Limited, buy the company report.
Board of directors of Wecareus Services Private Limited
Wecareus Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaishali Santosh Patani | Director | 31 Dec 2020 | 5 Years 9 Months | Current |
| Santosh Rikhabchand Patni | Director | 20 Jun 2019 | 7 Years 4 Months | Current |
| Vijayraj Ranulal Surana | Director | 20 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Wecareus Services Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meandcloud Digital Private Limited | ₹3.13 Lakh (FY 2016) | Mumbai, Maharashtra, India | ||||
| Oviya Technologies Private Limited | ₹3.13 Lakh (FY 2021) | 526.0% | Pudukkottai, Tamil Nadu, India | |||
| Deepak Divya Jyoti Private Limited | ₹3.13 Lakh (FY 2025) | -88.0% | Purulia, West Bengal, India | |||
| Sirohiestore Internet Private Limited | ₹3.13 Lakh (FY 2024) | 185.0% | Ambala, Haryana, India | |||
| Twashta Business Solutions Private Limited | ₹3.13 Lakh (FY 2025) | -50.0% | Delhi, India | |||
| Wecareus Services Private Limitedthis company | ₹3.13 Lakh (FY 2022) | -₹1.9 Lakh | -60.7% | -52.0% | Nashik, Maharashtra, India | |
| Dewangana Technologies Private Limited | ₹3.12 Lakh (FY 2019) | 195.0% | Chitrakoot Dham, Uttar Pradesh, India | |||
| Plus 91 Innovations Private Limited | ₹3.12 Lakh (FY 2025) | 216.0% | Indore, Madhya Pradesh, India | |||
| Choose Networks Private Limited | ₹3.12 Lakh (FY 2019) | 50.0% | Palakkad, Kerala, India | |||
| Cabyio Technology Private Limited | ₹3.12 Lakh (FY 2017) | -82.0% | Thiruvananthapuram, Kerala, India | |||
| Ruvix Technology (OPC) Private Limited | ₹3.12 Lakh (FY 2025) | 4.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Wecareus Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wecareus 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 Wecareus Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wecareus Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Wecareus Services Private Limited, buy the company report.
Recent activity
Wecareus Services Private Limited has 5 board changes on record since 2019: 3 appointments and 2 cessations. The latest: Parag Santosh Patani ceased to be Director on 09 Jan 2021.
AGM
Wecareus Services Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Wecareus Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Ceased
Parag Santosh Patani ceased to be Director.
Ceased
Samruddha Ghodake Vilas ceased to be Director.
Appointed
Vaishali Santosh Patani was appointed as Director.
Appointed
Santosh Rikhabchand Patni was appointed as Director.
Appointed
Vijayraj Ranulal Surana was appointed as Director.
Incorporation
09 May 2019
Wecareus Services Private Limited was registered on 09 May 2019 with Roc Mumbai & aged 7 years 5 months as per MCA records.
Frequently asked questions
Wecareus Services is an active private limited company based in Nashik, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 09 May 2019 (7+ years old) and is registered under CIN U74999MH2019PTC325204.
Wecareus Services has 3 current directors:
- Vaishali Santosh Patani - Director
- Santosh Rikhabchand Patni - Director
- Vijayraj Ranulal Surana - Director
The latest financial statements of Wecareus Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
No. Wecareus Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Wecareus Services is U74999MH2019PTC325204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wecareus Services was incorporated on 09 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Wecareus Services by revenue are Meandcloud Digital Private Limited, Oviya Technologies Private Limited, Deepak Divya Jyoti Private Limited, Sirohiestore Internet Private Limited, Twashta Business Solutions Private Limited and 5 more, all in the same principal business activity (other information & communication service activities).
Parag Santosh Patani ceased to be Director on 09 Jan 2021. Samruddha Ghodake Vilas ceased to be Director on 09 Jan 2021. Vaishali Santosh Patani was appointed as Director on 31 Dec 2020. Wecareus Services has 5 board changes on record in total.
Yes, Wecareus Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Wecareus Services can be reached through the website iamgenii.com. Its registered office is in Nashik, Maharashtra, India.
The registered office of Wecareus Services is at 11 Circle Tower Opp. Circle Cinema Ashok Stambh, Nashik, Maharashtra, India – 422002.