MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-GJ-01-0114999
Wetrade Private Limited
Wetrade Private Limited - information technology in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2024
₹1.88 Cr
▲ 210% YoY
Net profit · FY 2024
₹1.11 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹1.61 Lakh
EBITDA margin 0.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Wetrade Private Limited
Data last updated:
Wetrade Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 20 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63030GJ2021PTC125024. Its GSTIN is 24AADCW0348M1Z7 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nirav Patel Devchandbhai and Chetankumar Patel Jayantibhai.
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 9 Adesh Complex Nr Bhagyodayhotel Sanand Viramgamhighway Vill Vasana Iyava Sanand, Ahmedabad, Gujarat, India – 382170.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.88 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.11 Lakh (net margin 0.6%) and EBITDA of ₹1.61 Lakh (EBITDA margin 0.9%).
Wetrade Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0114999).
Company details
CIN U63030GJ2021PTC125024
Registration Number 125024
Incorporation Date 20 August 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0114999
Key People
Nirav Patel Devchandbhai Director Chetankumar Patel Jayantibhai Director Urvesh Navnitbhai Patel Director Recognitions & Rankings of Wetrade
Contact details
Wetrade Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered Address9 Adesh Complex Nr Bhagyodayhotel Sanand Viramgamhighway Vill Vasana Iyava Sanand, Ahmedabad, Gujarat, India – 382170
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
Comprehensive company report
Wetrade 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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Financials of Wetrade Private Limited
FY 2025 filings availableWetrade Private Limited reported revenue of ₹1.88 Cr (up 210% YoY) for FY 2024.
Revenue · FY 2024
₹1.88 Cr ▲ 210%
Net profit · FY 2024
₹1.11 Lakh margin 0.6%
EBITDA · FY 2024
₹1.61 Lakh margin 0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 210%
EBITDA CAGR growth
1 year
▲ 5%
Revenue rose 210% in the latest year. EBITDA rose 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹1.61 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.11 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.9% | ||
| Net Profit Margin | 0.6% | ||
| 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 Wetrade Private Limited, buy the company report.
Board of directors of Wetrade Private Limited
Wetrade has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirav Patel Devchandbhai Also directs: Western Power Projects Private Limited | Director | 20 Aug 2021 | 5 Years 2 Months | Current |
| Chetankumar Patel Jayantibhai Also directs: Western Power Projects Private Limited | Director | 20 Aug 2021 | 5 Years 2 Months | Current |
| Urvesh Navnitbhai Patel | Director | 01 Jun 2022 | 4 Years 5 Months | Current |
| Kaushik Patel | Director | 20 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Wetrade Private Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Transpace Technologies Private Limited | ₹1.9 Cr (FY 2024) | -32.0% | Bangalore, Karnataka, India | |||
| Salt River Info Systems Private Limited | ₹1.89 Cr (FY 2024) | 10.0% | Mumbai, Maharashtra, India | |||
| Prompt Audio Visual Private Limited | ₹1.89 Cr (FY 2024) | 138.0% | Mumbai, Maharashtra, India | |||
| Realbio Advanced Systems Private Limited | ₹1.88 Cr (FY 2025) | 18.0% | Bangalore, Karnataka, India | |||
| Techtrio Solutions Private Limited | ₹1.88 Cr (FY 2024) | 21.0% | Ahmedabad, Gujarat, India | |||
| Wetrade Private Limitedthis company | ₹1.88 Cr (FY 2024) | ₹1.11 Lakh | 0.6% | 210.0% | Ahmedabad, Gujarat, India | |
| Essen Connectors Private Limited | ₹1.88 Cr (FY 2025) | 2.0% | Panchkula, Haryana, India | |||
| Voxeljet India Private Limited | ₹1.88 Cr (FY 2025) | -11.0% | Pune, Maharashtra, India | |||
| Safetech Products & Services Private Limited | ₹1.87 Cr (FY 2025) | -18.0% | Bangalore, Karnataka, India | |||
| Teckno Fusion Automation Private Limited | ₹1.87 Cr (FY 2025) | 24.0% | Faridabad, Haryana, India | |||
| Emit Peripherals Private Limited | ₹1.86 Cr (FY 2025) | 41.0% | New Delhi, Delhi, India |
To see the full peer comparison of Wetrade Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wetrade 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 Wetrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wetrade has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCW0348M1Z7 | Gujarat | Active | 11 Oct 2021 |
To see the full GST registrations and return filing status of Wetrade Private Limited, buy the company report.
Recent activity
Wetrade Private Limited has 5 board changes on record since 2021: 4 appointments and 1 cessation. The latest: Urvesh Navnitbhai Patel was appointed as Director on 01 Jun 2022.
AGM
Wetrade Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Wetrade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Urvesh Navnitbhai Patel was appointed as Director.
Ceased
Vipulkumar Jayantibhai Patel ceased to be Director.
Appointed
Chetankumar Patel Jayantibhai was appointed as Director.
Appointed
Kaushik Patel was appointed as Director.
Appointed
Nirav Patel Devchandbhai was appointed as Director.
Incorporation
20 Aug 2021
Wetrade Private Limited was registered on 20 Aug 2021 with Roc Ahmedabad & aged 5 years 2 months as per MCA records.
Frequently asked questions
Wetrade is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 20 August 2021 (5+ years old) and is registered under CIN U63030GJ2021PTC125024.
Wetrade has 4 current directors:
- Nirav Patel Devchandbhai - Director
- Chetankumar Patel Jayantibhai - Director
- Urvesh Navnitbhai Patel - Director
- Kaushik Patel - Director
The latest financial statements of Wetrade 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 FY 2022 are in the company report.
The GSTIN of Wetrade is 24AADCW0348M1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Wetrade is U63030GJ2021PTC125024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wetrade was incorporated on 20 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Wetrade by revenue are Transpace Technologies Private Limited, Salt River Info Systems Private Limited, Prompt Audio Visual Private Limited, Realbio Advanced Systems Private Limited, Techtrio Solutions Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Urvesh Navnitbhai Patel was appointed as Director on 01 Jun 2022. Vipulkumar Jayantibhai Patel ceased to be Director on 11 Mar 2022. Chetankumar Patel Jayantibhai was appointed as Director on 20 Aug 2021. Wetrade has 5 board changes on record in total.
Yes, Wetrade is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0114999).
The registered office of Wetrade is at 9 Adesh Complex Nr Bhagyodayhotel Sanand Viramgamhighway Vill Vasana Iyava Sanand, Ahmedabad, Gujarat, India – 382170.
Wetrade operates in the information technology industry, in the electronic components and equipment manufacturing segment.
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