MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-23-0012025
Walkover Web Solutions Private Limited - information technology in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹61.44 Cr
▲ 7% YoY
Net profit · FY 2025
₹2.07 Cr
Net margin 3.4%
EBITDA · FY 2025
₹4.06 Cr
EBITDA margin 6.6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹26 Lakh
Issued & subscribed
Open charges
₹3 Cr
Satisfied ₹90.72 Lakh
Company age
16 yrs
Est. 2010
Employees · EPFO
80
Provident fund records
About Walkover Web Solutions Private Limited
Data last updated:
Walkover Web Solutions Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 18 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72400MP2010PTC023806.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors including Pushpendra Agrawal (Managing Director) and Shubhendra Agrawal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹61.44 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.07 Cr (net margin 3.4%) and EBITDA of ₹4.06 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Giddh and MSG91. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹90.72 Lakh on record. Court records list 1 case involving the company, including 1 filed against it. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in March 2021. Its 3 peer companies in the Information Technology industry (Cloud Computing), with the same principal business activity (other information & communication service activities) are compared by revenue, 2 larger and 1 smaller; the largest is Skyhigh Networks Technologies Private Limited with revenue of ₹63.61 Cr.
Walkover Web Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0012025). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website msg91.com.
Company details
CIN U72400MP2010PTC023806
Registration Number 023806
Incorporation Date 18 June 2010
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-23-0012025
Key People
Pushpendra Agrawal Managing Director Shubhendra Agrawal Whole-Time Director Ravindra Singh Director Recognitions & Rankings of Walkover Web Solutions
Contact details
Walkover Web Solutions Private Limited's registered office is in Indore, Madhya Pradesh. Its website is msg91.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5th Floor Wing B Lic Tower, 28 – 29 – 30 Pu – 03 Scheme No 54, Indore, Madhya Pradesh, India – 452011
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Walkover Web Solutions Private Limited, buy the company report.
Comprehensive company report
Walkover Web Solutions 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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Brands
Walkover Web Solutions operates two associated brands: Giddh and MSG91. Each brand links to its own profile.
Business activity
The main business activity of Walkover Web Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Walkover Web Solutions Private Limited, buy the company report.
Financials of Walkover Web Solutions Private Limited
FY 2024 filings availableWalkover Web Solutions Private Limited reported revenue of ₹61.44 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹61.44 Cr ▲ 7%
Net profit · FY 2025
₹2.07 Cr margin 3.4%
EBITDA · FY 2025
₹4.06 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 668%
3 years · compounded
▲ 10%
5 years · compounded
▼ 6%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 7% growth in the latest year. EBITDA rose 668% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹61.44 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.07 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Walkover Web Solutions Private Limited, buy the company report.
Board of directors of Walkover Web Solutions Private Limited
Walkover Web Solutions has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpendra Agrawal Also directs: Walkover Technologies Private Limited | Managing Director | 20 Mar 2014 | 12 Years 7 Months | Current |
| Shubhendra Agrawal Also directs: Walkover Technologies Private Limited | Whole-Time Director | 18 Jun 2010 | 16 Years 4 Months | Current |
| Ravindra Singh | Director | 30 Sep 2016 | 10 Years 0 Months | Current |
Peer comparison
Walkover Web Solutions Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Cloud Computing), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Skyhigh Networks Technologies Private Limited | ₹63.61 Cr (FY 2019) | -22.0% | Bangalore, Karnataka, India | |||
| Walkover Web Solutions Private Limitedthis company | ₹61.44 Cr (FY 2025) | ₹2.07 Cr | 3.4% | 7.0% | 80 | Indore, Madhya Pradesh, India |
| Digitral Private Limited | ₹60.82 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Saviant Technology Consulting & Software Development Private Limited | ₹52.12 Cr (FY 2025) | 37.0% | Pune, Maharashtra, India |
To see the full peer comparison of Walkover Web Solutions Private Limited, buy the company report.
Auditor
Walkover Web Solutions Private Limited is audited by Shikha Agrawal & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shikha Agrawal & Associates | FY 2023 | 400291 |
Shareholding
The shareholding of Walkover Web Solutions Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Walkover Web Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3 Cr
Satisfied charges
₹90.72 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2021 | 100467814 | Others | ₹3 Cr | Open | |
| 05 Jun 2019 | 100270491 | Axis Bank Limited | ₹29.72 Lakh | Satisfied | |
| 20 Sep 2018 | 100209527 | Others | ₹11 Lakh | Satisfied | |
| 24 Sep 2015 | 10599670 | Axis Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Walkover Web Solutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Walkover Web Solutions Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in March 2021.
Total deals
2
Rights issue
1
Funding round
1
Disclosed funding
₹9 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Rights issue | ₹16 Lakh | Investors: 3 individuals |
| Mar 2014 | Funding round | ₹9 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Walkover Web Solutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Unicel Technologies Pvt. Ltd., | Disposed |
To see the full case history of Walkover Web Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Walkover Web Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Walkover Web Solutions Private Limited has a workforce of 80 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
Employee count
80
Active EPFO establishments
1
Employee growth
31.15%
GST
No GST registration is on our record for Walkover Web Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Walkover Web Solutions Private Limited has 10 board changes on record since 2010: 3 appointments and 7 cessations. The latest: Deepak Soni ceased to be Additional Director on 12 Aug 2022.
Charges
A charge with Others of Rs. 300.00 Lakh registered on 09 Jul 2021 with Charge ID 100467814 was modified on 23 Oct 2024.
AGM
Walkover Web Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Walkover Web Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge registered on 05 Jun 2019 via Charge ID 100270491 with Axis Bank Limited was fully satisfied on 12 Sep 2022.
Ceased
Deepak Soni ceased to be Additional Director.
Ceased
Ravi Paliwal ceased to be Director.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100467814 was registered on 09 Jul 2021.
Charges
A charge registered on 20 Sep 2018 via Charge ID 100209527 with Others was fully satisfied on 15 Jan 2021.
Charges
A charge with Axis Bank Limited amounted to Rs. 29.72 Lakh with Charge ID 100270491 was registered on 05 Jun 2019.
Charges
A charge with Others amounted to Rs. 11.00 Lakh with Charge ID 100209527 was registered on 20 Sep 2018.
Ceased
Aniket Jain Kumar ceased to be Director.
Ceased
Rahul Chordiya ceased to be Director.
10 earlier events are in the company report.
From our blog
Frequently asked questions
Walkover Web Solutions is an active private limited company based in Indore, Madhya Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 18 June 2010 (16+ years old) and is registered under CIN U72400MP2010PTC023806.
Walkover Web Solutions has 3 current directors:
- Pushpendra Agrawal - Managing Director
- Shubhendra Agrawal - Whole-Time Director
- Ravindra Singh - Director
The latest financial statements of Walkover Web Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Walkover Web Solutions is U72400MP2010PTC023806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Walkover Web Solutions has 1 court case on record: 1 filed against it.
Walkover Web Solutions was incorporated on 18 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Gwalior.
Walkover Web Solutions has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in March 2021.
The peers of Walkover Web Solutions by revenue are Skyhigh Networks Technologies Private Limited, Digitral Private Limited, Saviant Technology Consulting & Software Development Private Limited, all in the Information Technology industry (Cloud Computing), with the same principal business activity (other information & communication service activities).
Deepak Soni ceased to be Additional Director on 12 Aug 2022. Ravi Paliwal ceased to be Director on 23 Nov 2021. Aniket Jain Kumar ceased to be Director on 28 Mar 2018. Walkover Web Solutions has 10 board changes on record in total.
Yes, Walkover Web Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-23-0012025).
Walkover Web Solutions can be reached through the website msg91.com. Its registered office is in Indore, Madhya Pradesh, India.