About Welcome Shoes
Welcome Shoes is a Consumer company based in Delhi (India) founded in 1972 by Subhash Ranchal, Satish Kumar Ranchal, Amit Ranchal, and Gaurav Rai Ranchal. Brand of multi category footwear for women and men. It operates on a Footwear Brands model. The company has 388 employees. Its chief executive, as recorded, is Gaurav Rai Ranchal. Its Indian entity Welcome Shoes Private Limited reported revenue of ₹167 Cr. Welcome Shoes offers products and services including Welcome Shoes Platform. Its focus areas include Fashion and Textile, Footwear Brands and Consumer Goods.
Company details
Welcome Shoes, founded in 1972 in Delhi, India, focuses on fashion and textile, footwear brands, footwear brands, and producing consumer products. Brand of multi category footwear for women and men. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Delhi, India
- Employees 388
- Founders Subhash Ranchal, Satish Kumar Ranchal, Amit Ranchal, Gaurav Rai Ranchal
- SectorsConsumer
- Website welcomeshoes.com
- Legal Name Welcome Shoes Private Limited
- Date of Incorporation 03 Jul, 1990
- Jurisdiction Delhi, India
- Annual Revenue₹167 Cr
FY 2025 · -7% YoY
- Net Loss-₹2.31 Cr
FY 2025 · -1% margin
- EBITDA₹7.37 Cr
FY 2025 · 4% margin
- Latest Funding Round$295.21K (USD), Unspecified
Nov 2023
- Employee Count388
Associated legal entities of Welcome Shoes
Welcome Shoes operates through Welcome Shoes Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Welcome Shoes Private Limited CIN U74899DL1990PTC040699 | Active | 03 Jul 1990 | Delhi, Delhi | ₹167 Cr | 388 | 5 | View details |
Products & Services of Welcome Shoes
Welcome Shoes offers a comprehensive portfolio of products and services, including Welcome Shoes Platform.
Brand of multi category footwear for women and men
Funding Insights of Welcome Shoes
- Total Rounds 4
- Last Round Unspecified — $295,208
- First Round $297,695
(Mar 2007)
All 4 funding rounds of Welcome Shoes with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2023 | $295,208 | Unspecified | – | – | – |
| Mar 2021 | $330,559 | Unspecified | – | – | – |
| Mar 2014 | $175,400 | Unspecified | – | – | – |
| Mar 2007 | $297,695 | Unspecified | – | – | – |
Board of directors of Welcome Shoes Private Limited (Welcome Shoes)
Welcome Shoes Private Limited is the primary company behind Welcome Shoes. The board of Welcome Shoes Private Limited currently have 5 directors; the longest-serving is Satish Kumar, appointed in 1990. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satish Kumar DIN 01514882 | Director | 04 Jul 1990 | 36 yrs 4 mo | Welcome Shoes Private Limited |
| Gaurav Ranchal DIN 00215335 | Director | 01 Apr 2003 | 23 yrs 7 mo | Welcome Shoes Private Limited |
| Amit Ranchal DIN 00116333 | Managing Director | 07 Dec 2006 | 19 yrs 11 mo | Welcome Shoes Private Limited |
| Saurabh Ranchal DIN 03595754 | Whole-time director | 18 Jul 2011 | 15 yrs 3 mo | Welcome Shoes Private Limited |
| Abhi Ranchal DIN 07865548 | Whole-time director | 03 Jul 2017 | 9 yrs 4 mo | Welcome Shoes Private Limited |
People of Welcome Shoes
4 people are tracked at Welcome Shoes (4 in leadership); the tracked headcount is 388.
| Name | Role | Group |
|---|---|---|
Subhash Ranchal | Co-Founder | Leadership |
Satish Kumar Ranchal | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder & Co-CEO | Leadership |
Complete people profiles for Welcome Shoes
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Welcome Shoes
Figures of Welcome Shoes Private Limited, the primary company behind Welcome Shoes, for FY 2025. Revenue was ₹167 Cr (-7% year on year). Net loss was -₹2.31 Cr (-1% margin). EBITDA was ₹7.37 Cr (4% margin). Revenue has grown at a compounded annual rate of +6% over three years and +8% over five years.
- ₹167 CrRevenue · FY 2025 · -7% YoY
- -₹2.31 CrNet loss · -1% margin
- ₹7.37 CrEBITDA · 4% margin
- ₹84.8 LakhPaid-up capital
- 388Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Welcome Shoes Private Limited are on its company page.
Detailed financial statements for Welcome Shoes
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Welcome Shoes
3 dated milestones of Welcome Shoes across 51 years, from founding to its latest funding, stage changes and deals.
- Founded Welcome Shoes is founded.
- Funding First funding round of $298K.
- Funding Latest funding round, Unspecified, of $295K.
Top companies in Footwear Brands
3 companies that operate in the same segment as Welcome Shoes (Footwear Brands) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category footwear for men, women, and kids is sold online. | 2005 | Delhi, Delhi, India | USD 48.76 M | USD 191.52 M | 967 | |
Manufacturer of slippers, sandals, and sports & casual shoes | 1976 | Rohtak, Haryana, India | USD 287.67 M | 3,823 | ||
Online platform for purchasing top international fashion and footwear brands. | 2016 | Bengaluru, Karnataka, India |
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Frequently Asked Questions about Welcome Shoes
Welcome Shoes was founded in 1972 and raised its 1st funding round 35 years after it was founded.
Welcome Shoes is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Gaurav Rai Ranchal is the CEO of Welcome Shoes, as recorded in our data. They have also founded this company.
Welcome Shoes has 388 employees.
The primary company behind Welcome Shoes, Welcome Shoes Private Limited, reported revenue of ₹167 Cr for FY 2025, down 7% year on year.
Welcome Shoes, founded in 1972 in Delhi, India, focuses on fashion and textile, footwear brands, footwear brands, and producing consumer products. Brand of multi category footwear for women and men. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Welcome Shoes offers Welcome Shoes Platform.
Welcome Shoes operates through Welcome Shoes Private Limited.
The legal entities of Welcome Shoes currently have 5 directors, including Abhi Ranchal, Gaurav Ranchal, Amit Ranchal and others.