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Wellmo Services Private Limited - financial services in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.97 Cr
▲ 691% YoY
Net profit · FY 2025
₹4.69 Lakh
Net margin 2.4%
EBITDA · FY 2025
₹8.48 Lakh
EBITDA margin 4.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About Wellmo Services Private Limited
Data last updated:
Wellmo Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 31 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2017PTC117857. Its GSTIN is 33AACCW0517B1Z1 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Wellmo Services (Opc) Private Limited. It is led by directors Varun Kumar Vummidi and Divya Chopra.
Its last annual general meeting (AGM) was held on 09 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No – 42 Ablock 6 Thstreet Annanagarannananagareast, Chennai, Tamil Nadu, India – 600102.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.97 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.69 Lakh (net margin 2.4%) and EBITDA of ₹8.48 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 327% over three years and 127% over five years.
The company is associated with 1 brand: Varniya.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wellmo.in.
Company details
CIN U74999TN2017PTC117857
Registration Number 117857
Incorporation Date 31 July 2017
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 09 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Wellmo Services has one previous CIN (Corporate Identification Number): U74999TN2017OPC117857. The current CIN is U74999TN2017PTC117857, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999TN2017PTC117857 | Current |
| U74999TN2017OPC117857 | Previous |
Recognitions & Rankings of Wellmo Services
Contact details
Wellmo Services Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo – 42 Ablock 6 Thstreet Annanagarannananagareast, Chennai, Tamil Nadu, India – 600102
- IndustryFinancial Services, Insurance Brokerage & Advisory
Comprehensive company report
Wellmo 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Wellmo Services operates one associated brand: Varniya. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers certified lab-grown diamond rings and jewelry for online purchase. | varniya.com |
Business activity
The main business activity of Wellmo Services is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K3 | Life/Non-life Insurance and Reinsurance activities |
To see the full business activity and turnover split of Wellmo Services Private Limited, buy the company report.
Financials of Wellmo Services Private Limited
FY 2025 filings availableWellmo Services Private Limited reported revenue of ₹1.97 Cr (up 691% YoY) for FY 2025.
Revenue · FY 2025
₹1.97 Cr ▲ 691%
Net profit · FY 2025
₹4.69 Lakh margin 2.4%
EBITDA · FY 2025
₹8.48 Lakh margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 691%
3 years · compounded
▲ 327%
5 years · compounded
▲ 127%
EBITDA CAGR growth
1 year
▲ 142%
3 years · compounded
▲ 113%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 127% over five years, including 691% growth in the latest year. EBITDA rose 142% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.48 Lakh | ||||
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| Net Profit (PAT) | ₹4.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Wellmo Services Private Limited, buy the company report.
Board of directors of Wellmo Services Private Limited
Wellmo Services has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divya Chopra Also directs: Brewsome LLP | Additional Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Varun Kumar Vummidi Also directs: Brewsome LLP | Director | 31 Jul 2017 | 9 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Wellmo 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 Wellmo Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wellmo Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCW0517B1Z1 | Tamil Nadu | Active | 26 Sep 2019 |
To see the full GST registrations and return filing status of Wellmo Services Private Limited, buy the company report.
Recent activity
Wellmo Services Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Divya Chopra was appointed as Additional Director on 15 Mar 2024.
AGM
Wellmo Services Private Limited last Annual general meeting of members was held on 09 Aug 2025 as per latest MCA records.
Filing
Wellmo Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Divya Chopra was appointed as Additional Director.
Appointed
Varun Kumar Vummidi was appointed as Director.
Incorporation
31 Jul 2017
Wellmo Services Private Limited was registered on 31 Jul 2017 with Roc Chennai & aged 9 years 2 months as per MCA records.
Frequently asked questions
Wellmo Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 31 July 2017 (9+ years old) and is registered under CIN U74999TN2017PTC117857.
Wellmo Services has 2 current directors:
- Divya Chopra - Additional Director
- Varun Kumar Vummidi - Director
The latest financial statements of Wellmo Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 August 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Wellmo Services is 33AACCW0517B1Z1, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Wellmo Services is U74999TN2017PTC117857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wellmo Services was incorporated on 31 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
Divya Chopra was appointed as Additional Director on 15 Mar 2024. Varun Kumar Vummidi was appointed as Director on 31 Jul 2017.
Yes, Wellmo Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Wellmo Services can be reached through the website wellmo.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Wellmo Services is at No – 42 Ablock 6 Thstreet Annanagarannananagareast, Chennai, Tamil Nadu, India – 600102.