- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0106680

About HW Wellness Solutions Private Limited
Data last updated:
HW Wellness Solutions Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Marico Limited. It operates in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 19 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51900MH2013PTC468449. Its GSTIN is 27AADCH3292H1ZI (Maharashtra). The company holds 18 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹2.25 Lakh. It is led by directors including Ishita Sharma (Whole-Time Director) and Amit Bhasin.
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 S. No 254 Tirumalla Industrial Estate Hinjewadi Taluka Mulshi, Pune, Maharashtra, India – 411057.
As per the financials filed for FY 2025, the company reported a revenue of ₹164.8 Cr, a growth of 110% compared to the previous year. For the same year it recorded a net loss of ₹23.3 Cr (net margin -14.1%) and EBITDA of -₹23 Cr (EBITDA margin -14%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 58% over five years.
The company has about 420 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: True Elements and Healthyworld. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹4 Cr on record. The company has 10 deals on record (6 funding rounds, 2 rights issues, 1 acquisition), with disclosed funding of ₹12.03 Cr; the latest was in September 2025. The company has 10 MSME Form 1 returns on record between 2022 and 2024, listing 1,221 overdue payments to 54 micro and small suppliers.
HW Wellness Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0106680). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website true-elements.com.
Company details
CIN history
HW Wellness Solutions has one previous CIN (Corporate Identification Number): U51900PN2013PTC149864. The current CIN is U51900MH2013PTC468449, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH2013PTC468449 | Current |
| U51900PN2013PTC149864 | Previous |
Recognitions & Rankings of HW Wellness Solutions
Contact details
HW Wellness Solutions Private Limited's registered office is in Pune, Maharashtra.
- Social Media
- Apps
- Registered AddressS. No 254 Tirumalla Industrial Estate Hinjewadi Taluka Mulshi, Pune, Maharashtra, India – 411057
- IndustryE-Commerce, Online Healthcare Product Retail
- 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
Brands
HW Wellness Solutions operates two associated brands: True Elements and Healthyworld. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Health snacks and supplements are manufactured and marketed. | true-elements.com | |
| Turnkey interior design and project execution services are offered. | healthyworld.in |
Business activity
The main business activity of HW Wellness Solutions is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of HW Wellness Solutions Private Limited, buy the company report.
Financials of HW Wellness Solutions Private Limited
FY 2025 filings availableHW Wellness Solutions Private Limited reported revenue of ₹164.8 Cr (up 110% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 110% growth in the latest year. EBITDA fell 23% 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 | -₹23 Cr | ||||
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| Net Profit (PAT) | -₹23.3 Cr | ||||
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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 | -14% | ||||
| Net Profit Margin | -14.1% | ||||
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To see the full financial statements and ratios of HW Wellness Solutions Private Limited, buy the company report.
Board of directors of HW Wellness Solutions Private Limited
HW Wellness Solutions has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Bhasin Also directs: Cosmix Wellness Private Limited, Zed Lifestyle Private Limited, Satiya Nutraceuticals Private Limited and 3 more | Director | 20 Jan 2024 | 2 Years 9 Months | Current |
| Anuj Kumar Khaitan | Director | 10 Jul 2024 | 2 Years 3 Months | Current |
| Akash Anilkumar Modi | Additional Director | 15 Apr 2025 | 1 Years 6 Months | Current |
| Nirlay Subhashbhai Sheth | Additional Director | 23 Jun 2025 | 1 Years 4 Months | Current |
| Ishita Sharma | Whole-Time Director | 24 Apr 2025 | 1 Years 5 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2024 | 100937455 | Others | ₹20 Cr | Open | |
| 03 Nov 2021 | 100504855 | Others | ₹2 Cr | Satisfied | |
| 28 Jul 2021 | 100497373 | Others | ₹2 Cr | Satisfied |
To see the full charge records of HW Wellness Solutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
HW Wellness Solutions Private Limited has 10 deals on record (6 funding rounds, 2 rights issues, 1 acquisition), with disclosed funding of ₹12.03 Cr; the latest was in September 2025.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Acquisition | ₹138 Cr | Buyer: Marico Limited |
| May 2022 | Secondary share transfer | Undisclosed | Buyer: Marico Limited Seller: CESC Ventures, SIDBI Ventures, 2 individuals |
| May 2022 | Rights issue | ₹74.99 Cr | Investors: Marico Limited |
| Jan 2022 | Funding round | ₹3.81 Cr | Investors: 4 individuals |
| Dec 2020 | Funding round | ₹2 Cr | Investors: SIDBI Ventures |
To see the full deal history of HW Wellness Solutions Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving HW Wellness Solutions 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
HW Wellness Solutions Private Limited has 10 MSME Form 1 returns on record between 2022 and 2024, listing 1,221 overdue payments to 54 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 54)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ankita Agro and Food Processing Private Limited | |||
| Hitesu Packaging | |||
| The New Ball Bearing Co LLP | |||
| Prajakta Technology Private Limited | |||
| an individual supplier |
To see the full MSME payment records of HW Wellness Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
HW Wellness Solutions has 18 GST registrations: 17 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCH3292H1ZI | Maharashtra | Active | 01 Jul 2017 |
| 27AADCH3292H2ZH | Maharashtra | Active | 01 Mar 2025 |
| 06AADCH3292H1ZM | Haryana | Active | 28 Sep 2018 |
| 29AADCH3292H1ZE | Karnataka | Active | 10 Oct 2018 |
To see the full GST registrations and return filing status of HW Wellness Solutions Private Limited, buy the company report.
Recent activity
HW Wellness Solutions Private Limited has 20 board changes on record since 2019: 6 appointments and 14 cessations. The latest: Nirlay Subhashbhai Sheth was appointed as Additional Director on 23 Jun 2025.
17 earlier events are in the company report.
News
Frequently asked questions
HW Wellness Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in online healthcare product retail, within the e-commerce industry. It was incorporated on 19 December 2013 (13+ years old) and is registered under CIN U51900MH2013PTC468449.
HW Wellness Solutions has 5 current directors:
- Ishita Sharma - Whole-Time Director
- Amit Bhasin - Director
- Anuj Kumar Khaitan - Director
- Akash Anilkumar Modi - Additional Director
- Nirlay Subhashbhai Sheth - Additional Director
The latest financial statements of HW Wellness Solutions 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 GSTIN of HW Wellness Solutions is 27AADCH3292H1ZI, registered in Maharashtra. The company has 18 GST registrations in all, of which 17 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCH3292H2ZH (Maharashtra), 06AADCH3292H1ZM (Haryana), 29AADCH3292H1ZE (Karnataka).
The CIN (Corporate Identification Number) of HW Wellness Solutions is U51900MH2013PTC468449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HW Wellness Solutions was incorporated on 19 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
HW Wellness Solutions has 10 deals on record (6 funding rounds, 2 rights issues, 1 acquisition), with disclosed funding of ₹12.03 Cr; the latest was in September 2025.
Nirlay Subhashbhai Sheth was appointed as Additional Director on 23 Jun 2025. Ishita Sharma was appointed as Whole-Time Director on 24 Apr 2025. Ishita Sharma ceased to be Additional Director on 24 Apr 2025. HW Wellness Solutions has 20 board changes on record in total.
Yes, HW Wellness Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0106680).
HW Wellness Solutions has 10 MSME Form 1 returns on record between 2022 and 2024, listing 1,221 overdue payments to 54 micro and small suppliers. The latest return was filed on 29 Apr 2024.
HW Wellness Solutions can be reached through the website true-elements.com. Its registered office is in Pune, Maharashtra, India.