Weforce Private Limited
About Weforce Private Limited
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Weforce Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 29 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72900AP2018PTC109843.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Varalakshmi Setti and Parvez Akram Siddiqui.
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 D.No. 14 – 506 1st Floor Sector – 3 Ambedkar New Colony Arilova, Visakhapatnam, Andhra Pradesh, India – 530040.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.91 Lakh. For the same year it recorded a net profit of ₹23,200 (net margin 1.6%) and EBITDA of ₹23,200 (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 430% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
Company details
Contact details
Weforce Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressD.No. 14 – 506 1st Floor Sector – 3 Ambedkar New Colony Arilova, Visakhapatnam, Andhra Pradesh, India – 530040
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Weforce 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
Business activity
The main business activity of Weforce is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Weforce Private Limited, buy the company report.
Financials of Weforce Private Limited
FY 2024 filings availableWeforce Private Limited reported revenue of ₹14.91 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 430% over three years. EBITDA rose 255% 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
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| EBITDA | ₹23,200 | ||||
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| Net Profit (PAT) | ₹23,200 | ||||
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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 | 1.6% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Weforce Private Limited, buy the company report.
Board of directors of Weforce Private Limited
Weforce 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 |
|---|---|---|---|---|
| Varalakshmi Setti Also directs: Srivedam Foundation | Director | 29 Nov 2018 | 7 Years 10 Months | Current |
| Parvez Akram Siddiqui Also directs: Zaitoon Lifestyle Private Limited, Dr. Supercar Care Private Limited, Spar Management & Technologies Private Limited and 2 more | Additional Director | 03 Feb 2025 | 1 Years 8 Months | Current |
| Appalanaidu Setti | Additional Director | 03 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Weforce Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gaps Technologies Private Limited | ₹14.92 Lakh (FY 2025) | 182.0% | Jodhpur, Rajasthan, India | |||
| Dotanddash Technologies Private Limited | ₹14.92 Lakh (FY 2025) | 34.0% | Pune, Maharashtra, India | |||
| Fluxchat Infinity Private Limited | ₹14.92 Lakh (FY 2024) | -57.0% | Bangalore, Karnataka, India | |||
| Weva Info Solution (OPC) Private Limited | ₹14.91 Lakh (FY 2024) | Ponnani, Kerala, India | ||||
| Weforce Private Limitedthis company | ₹14.91 Lakh (FY 2024) | ₹23,200 | 1.6% | Visakhapatnam, Andhra Pradesh, India | ||
| Cognit Technologies Private Limited | ₹14.91 Lakh (FY 2024) | -33.0% | Gurugram, Haryana, India | |||
| Rockstar Sr Software Solutions Private Limited | ₹14.9 Lakh (FY 2023) | -20.0% | Hyderabad, Telangana, India | |||
| Feasible Research & Technologies Private Limited | ₹14.9 Lakh (FY 2025) | 0.0% | Raipur, Chhattisgarh, India | |||
| Avance Ems (OPC) Private Limited | ₹14.9 Lakh (FY 2025) | -63.0% | Puppalaguda, Manikonda, Telangana, India | |||
| Fabtree Solutions Private Limited | ₹14.9 Lakh (FY 2025) | -8.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Weforce Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Weforce 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 Weforce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Weforce Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Weforce Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Appalanaidu Setti was appointed as Additional Director on 03 Feb 2025.
Frequently asked questions
Weforce is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 29 November 2018 (8+ years old) and is registered under CIN U72900AP2018PTC109843.
Weforce has 3 current directors:
- Varalakshmi Setti - Director
- Parvez Akram Siddiqui - Additional Director
- Appalanaidu Setti - Additional Director
The latest financial statements of Weforce 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 2019 are in the company report.
The CIN (Corporate Identification Number) of Weforce is U72900AP2018PTC109843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Weforce was incorporated on 29 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Weforce by revenue are Gaps Technologies Private Limited, Dotanddash Technologies Private Limited, Fluxchat Infinity Private Limited, Weva Info Solution (OPC) Private Limited, Cognit Technologies Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Appalanaidu Setti was appointed as Additional Director on 03 Feb 2025. Paluru Kirankumar ceased to be Director on 03 Feb 2025. Parvez Akram Siddiqui was appointed as Additional Director on 03 Feb 2025. Weforce has 4 board changes on record in total.
The registered office of Weforce is at D.No. 14 – 506 1st Floor Sector – 3 Ambedkar New Colony Arilova, Visakhapatnam, Andhra Pradesh, India – 530040.
Weforce operates in the information technology industry, in the other computer related activities segment.
Weforce can be reached at its registered office: D.No. 14 – 506 1st Floor Sector – 3 Ambedkar New Colony Arilova, Visakhapatnam, Andhra Pradesh, India – 530040.
Weforce is registered under the jurisdiction of the Registrar of Companies (ROC), Vijayawada.