Wetake Express Logistics Private Limited

Wetake Express Logistics Private Limited - transport and logistics in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
CIN U63032GJ2020PTC113176 Incorporated 16 March 2020 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company transport and logistics
Data last updated
Revenue · FY 2023
₹1.23 Lakh
▼ 55% YoY
Net loss · FY 2023
₹1.6 Lakh
Net margin -130.2%
EBITDA · FY 2023
-₹1.27 Lakh
EBITDA margin -103.1%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Wetake Express Logistics Private Limited

Data last updated:

Wetake Express Logistics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 16 March 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63032GJ2020PTC113176. Its GSTIN is 24AAECF0494J1ZM (Gujarat).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Dineshbhai Kanabhai Solanki and Arasibhai Hardasbhai Solanki.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.23 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹1.6 Lakh (net margin -130.2%) and EBITDA of -₹1.27 Lakh (EBITDA margin -103.1%).

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U63032GJ2020PTC113176
Registration Number 113176
Incorporation Date 16 March 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant

Contact details

Wetake Express Logistics Private Limited's registered office is in Ahmedabad, Gujarat.

  • Registered Address
    9th/F – 08 Safal Prelude B/H Ashwaraj Bunglows, 100Ft. Road Prahladnagar Vejalpur, Ahmedabad, Gujarat, India – 380015
  • Industry
    Transport and Logistics, Express Logistics
Comprehensive company report
Wetake Express Logistics 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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Business activity

The main business activity of Wetake Express Logistics is transport and storage. In detail, this covers postal & courier activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
HTransport and storageH7Postal & Courier activities

To see the full business activity and turnover split of Wetake Express Logistics Private Limited, buy the company report.

Financials of Wetake Express Logistics Private Limited

FY 2023 filings available

Wetake Express Logistics Private Limited reported revenue of ₹1.23 Lakh (down 55% YoY) for FY 2023.

Revenue · FY 2023
₹1.23 Lakh ▼ 55%
Net loss · FY 2023
₹1.6 Lakh margin -130.2%
EBITDA · FY 2023
-₹1.27 Lakh margin -103.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 55%
EBITDA CAGR growth
1 year
▼ 35%

Revenue fell 55% in the latest year. EBITDA fell 35% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 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-₹1.27 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.6 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-103.1%
Net Profit Margin-130.2%
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

To see the full financial statements and ratios of Wetake Express Logistics Private Limited, buy the company report.

Board of directors of Wetake Express Logistics Private Limited

Wetake Express Logistics has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Dineshbhai Kanabhai SolankiDirector16 Mar 20206 Years 7 MonthsCurrent
Arasibhai Hardasbhai SolankiDirector16 Mar 20206 Years 7 MonthsCurrent

Peer comparison

Wetake Express Logistics Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Quickdee Private Limited₹1.43 Lakh (FY 2021)Delhi, India
Om Sai Courier and Cargo Private Limited₹1.26 Lakh (FY 2023)-84.0%New Delhi, Delhi, India
Wetake Express Logistics Private Limitedthis company₹1.23 Lakh (FY 2023)-₹1.6 Lakh-130.2%-55.0%Ahmedabad, Gujarat, India
Mshipper India Private Limited₹1.06 Lakh (FY 2017)60.0%New Delhi, Delhi, India
Services24 Express Private Limited₹1.01 Lakh (FY 2021)Jaipur, Rajasthan, India

To see the full peer comparison of Wetake Express Logistics Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Wetake Express Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Wetake Express Logistics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECF0494J1ZMGujaratActive03 Jun 2020

To see the full GST registrations and return filing status of Wetake Express Logistics Private Limited, buy the company report.

Recent activity

Wetake Express Logistics Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Arasibhai Hardasbhai Solanki was appointed as Director on 16 Mar 2020.

AGM
Wetake Express Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Wetake Express Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Appointed
Arasibhai Hardasbhai Solanki was appointed as Director.
Appointed
Dineshbhai Kanabhai Solanki was appointed as Director.
Incorporation
16 Mar 2020
Wetake Express Logistics Private Limited was registered on 16 Mar 2020 with Roc Ahmedabad & aged 6 years 7 months as per MCA records.

Frequently asked questions

Wetake Express Logistics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 16 March 2020 (6+ years old) and is registered under CIN U63032GJ2020PTC113176.

Wetake Express Logistics has 2 current directors:

The latest financial statements of Wetake Express Logistics on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Wetake Express Logistics is 24AAECF0494J1ZM, registered in Gujarat.

The CIN (Corporate Identification Number) of Wetake Express Logistics is U63032GJ2020PTC113176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Wetake Express Logistics was incorporated on 16 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Wetake Express Logistics by revenue are Quickdee Private Limited, Om Sai Courier and Cargo Private Limited, Mshipper India Private Limited, Services24 Express Private Limited, all in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities).

Arasibhai Hardasbhai Solanki was appointed as Director on 16 Mar 2020. Dineshbhai Kanabhai Solanki was appointed as Director on 16 Mar 2020.

The registered office of Wetake Express Logistics is at 9thF – 08 Safal Prelude BH Ashwaraj Bunglows, 100Ft. Road Prahladnagar Vejalpur, Ahmedabad, Gujarat, India – 380015.

Wetake Express Logistics operates in the transport and logistics industry, in the express logistics segment.

The compliance status of Wetake Express Logistics is compliant as of 26 July 2026. The company is actively filing with the Registrar of Companies.