Welon Advisory Services Pvt Ltd
About Welon Advisory Services Pvt Ltd
Data last updated:
Welon Advisory Services Pvt Ltd is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Raghubar Suppliers Limited. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 25 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74140WB1995PTC073137.
The company has an authorised share capital of ₹14.12 Cr and a paid-up capital of ₹11.13 Cr. It is led by directors Kaushik Palit and Aparna Palit.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Premises No. 57 Nirmal Chandra Street 1st Floor P.S – Muchipara, Kolkata, West Bengal, India – 700012.
As per the financials filed for FY 2023, the company reported a revenue of ₹49.7 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹63,071 (net margin -1.3%) and EBITDA of -₹63,071 (EBITDA margin -1.3%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 42% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Welon Advisory Services Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPremises No. 57 Nirmal Chandra Street 1st Floor P.S – Muchipara, Kolkata, West Bengal, India – 700012
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Welon Advisory Services Pvt Ltd, 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 Welon Advisory Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Welon Advisory Services Pvt Ltd, buy the company report.
Financials of Welon Advisory Services Pvt Ltd
FY 2025 filings availableWelon Advisory Services Pvt Ltd reported revenue of ₹49.7 Lakh (down 48% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 48% fall in the latest year. EBITDA fell 153% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹49.7 Lakh | ||||
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| EBITDA | -₹63,071 | ||||
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| Net Profit (PAT) | -₹63,071 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -1.3% | ||||
| Net Profit Margin | -1.3% | ||||
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To see the full financial statements and ratios of Welon Advisory Services Pvt Ltd, buy the company report.
Board of directors of Welon Advisory Services Pvt Ltd
Welon Advisory Services has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushik Palit Also directs: Goldensight Commotrade Private Limited, Swarnganga Vinimay Ltd., Elgin Sales Promotion Ltd and 5 more | Additional Director | 15 Jun 2022 | 4 Years 4 Months | Current |
| Aparna Palit Also directs: Swarnganga Vinimay Ltd., Elgin Sales Promotion Ltd, Galore Suppliers Pvt Ltd and 4 more | Additional Director | 15 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Welon Advisory Services Pvt Ltd is audited by M. K. K. AGARWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. K. K. AGARWAL & ASSOCIATES | FY 2023 | 328816E |
Shareholding
The shareholding of Welon Advisory Services Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Welon Advisory Services Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Welon Advisory Services Pvt Ltd 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 Welon Advisory Services Pvt Ltd; 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 Welon Advisory Services Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Welon Advisory Services Pvt Ltd has 7 board changes on record since 2009: 2 appointments and 5 cessations. The latest: Sanjay Kumar Chaturvedi ceased to be Director on 16 Jun 2022.
Frequently asked questions
Welon Advisory Services is an active private limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 25 July 1995 (31+ years old) and is registered under CIN U74140WB1995PTC073137.
Welon Advisory Services has 2 current directors:
- Kaushik Palit - Additional Director
- Aparna Palit - Additional Director
The latest financial statements of Welon Advisory Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Welon Advisory Services is U74140WB1995PTC073137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welon Advisory Services was incorporated on 25 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
Sanjay Kumar Chaturvedi ceased to be Director on 16 Jun 2022. Suman Singhania ceased to be Director on 16 Jun 2022. Aparna Palit was appointed as Additional Director on 15 Jun 2022. Welon Advisory Services has 7 board changes on record in total.
The registered office of Welon Advisory Services is at Premises No. 57 Nirmal Chandra Street 1st Floor P.S – Muchipara, Kolkata, West Bengal, India – 700012.
Welon Advisory Services operates in the financial services industry, in the investment and credit nbfc segment.
The compliance status of Welon Advisory Services is compliant as of 19 September 2026. The company is actively filing with the Registrar of Companies.
Welon Advisory Services can be reached at its registered office: Premises No. 57 Nirmal Chandra Street 1st Floor P.S – Muchipara, Kolkata, West Bengal, India – 700012.