About Wep Solutions India Limited
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Wep Solutions India Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Wep Peripherals Limited. It operates in the business support services segment of the business services sector. It was incorporated on 18 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32204KA2007PLC043900. Its GSTIN is 29AAACW7400P1ZV (Karnataka). The company holds 11 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹7.85 Cr. It was formerly known as Elnova Products Limited and Wep Solutions India Private Limited. It is led by directors including Sandeep Kumar Goyal and Chikkaiah Shivanna Hemachandra.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.40/1A Basappa Complex Lavelle Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹20 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.77 Lakh (net margin 8.9%) and EBITDA of ₹7.36 Lakh (EBITDA margin 36.8%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 26% over five years.
As per MCA filings, the company has satisfied charges of ₹52 Cr on record. Court records list 31 cases involving the company, including 26 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wepsolutionindia.com.
Company details
Name history
Wep Solutions India has undergone 4 name changes throughout its history. The current legal name is Wep Solutions India Limited.
| Company Name | Status |
|---|---|
| Wep Solutions India Limited | Current |
| Elnova Products Limited | Previous |
| Wep Solutions India Private Limited | Previous |
| Elnova India Limited | Previous |
| Elnova Peripherals Limited | Previous |
CIN history
Wep Solutions India has one previous CIN (Corporate Identification Number): U32204KA2007PTC043900. The current CIN is U32204KA2007PLC043900, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32204KA2007PLC043900 | Current |
| U32204KA2007PTC043900 | Previous |
Contact details
Wep Solutions India Limited's registered office is in Bangalore, Karnataka. Its website is wepsolutionindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.40/1A Basappa Complex Lavelle Road, Bangalore, Karnataka, India – 560001
- IndustryBusiness Services, Business Support Services
To see the full contact details of Wep Solutions India Limited, buy the company report.
- 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
Financials of Wep Solutions India Limited
FY 2025 filings availableWep Solutions India Limited reported revenue of ₹20 Lakh (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA rose 40% 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 | ₹7.36 Lakh | ||||
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| Net Profit (PAT) | ₹1.77 Lakh | ||||
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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 | 36.8% | ||||
| Net Profit Margin | 8.9% | ||||
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To see the full financial statements and ratios of Wep Solutions India Limited, buy the company report.
Board of directors of Wep Solutions India Limited
Wep Solutions India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Kumar Goyal Also directs: Emerge Power Solutions Private Limited, Wep Peripherals Limited | Director | 11 Sep 2017 | 9 Years 1 Months | Current |
| Chikkaiah Shivanna Hemachandra | Director | 22 Feb 2016 | 10 Years 8 Months | Current |
| Ram Narayan Agrawal Also directs: Wep Solutions Limited, Emerge Power Solutions Private Limited, Eperipherals Trading Limited and 2 more | Director | 18 Sep 2007 | 19 Years 1 Months | Current |
Auditor
Wep Solutions India Limited is audited by N. M. RAIJI & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. M. RAIJI & Co | FY 2023 | 108296W |
Shareholding
The shareholding of Wep Solutions India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wep Solutions India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2008 | 10128588 | Kotak Mahindra Bank Limited | ₹5 Cr | Satisfied | |
| 14 Oct 2008 | 10129288 | Corporation Bank | ₹25 Cr | Satisfied | |
| 25 Sep 2008 | 10124751 | Citibank N.A | ₹6 Cr | Satisfied | |
| 25 Jun 2008 | 10116366 | Hdfc Bank Limited | ₹16 Cr | Satisfied |
To see the full charge records of Wep Solutions India Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Wep Solutions India Limited has 31 court cases on record: 26 filed by Wep Solutions India, 5 filed against it. 2 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 2 | 1 |
| High courts | 11 | 3 | 1 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (COMP.A) | Filed by the company against Moka Technology Services Ltd. | Disposed |
| District court, South East, Delhi | Criminal case | Filed by the company against Kap4 Technologies Private Limited | Disposed |
| High Court, TAMIL NADU | Company petition | Filed by the company against Tvsnet Technologies Limited | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by M/S Tonerline Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against I Wire Network Designs Pvt Ltd | Disposed |
To see the full case history of Wep Solutions India 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 Wep Solutions India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Wep Solutions India Limited has 1 active EPFO establishment as of Sep 22, 2025.
GST
Wep Solutions India has 11 GST registrations: 1 active and 10 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW7400P1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wep Solutions India Limited, buy the company report.
Recent activity
Wep Solutions India Limited has 15 board changes on record since 2007: 9 appointments and 6 cessations. The latest: Deepak Aravamudha Chari ceased to be Director on 26 Sep 2017.
15 earlier events are in the company report.
News
Frequently asked questions
Wep Solutions India is an active public limited company based in Bangalore, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 18 September 2007 (19+ years old) and is registered under CIN U32204KA2007PLC043900.
Wep Solutions India has 3 current directors:
- Sandeep Kumar Goyal - Director
- Chikkaiah Shivanna Hemachandra - Director
- Ram Narayan Agrawal - Director
The latest financial statements of Wep Solutions India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Wep Solutions India is 29AAACW7400P1ZV, registered in Karnataka. The company has 11 GST registrations in all, of which 1 is active and 10 are cancelled or inactive.
The CIN (Corporate Identification Number) of Wep Solutions India is U32204KA2007PLC043900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wep Solutions India has 31 court cases on record: 26 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Wep Solutions India was incorporated on 18 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Deepak Aravamudha Chari ceased to be Director on 26 Sep 2017. Sandeep Kumar Goyal was appointed as Director on 11 Sep 2017. Chikkaiah Shivanna Hemachandra was appointed as Director on 22 Feb 2016. Wep Solutions India has 15 board changes on record in total.
Wep Solutions India can be reached through the website wepsolutionindia.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Wep Solutions India is at No.401A Basappa Complex Lavelle Road, Bangalore, Karnataka, India – 560001.