W2tech Labs Private Limited
About W2tech Labs Private Limited
Data last updated:
W2tech Labs Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the diversified business activities segment of the business services sector. It was incorporated on 22 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2019PTC348972. Its GSTIN is 07AACCW4178J1ZY (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Chirag Sokhal and Avinash Anand.
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 Onward Coworkx E – 44/3 Ground Floor Okhla Industrial Area Phase – 2, Delhi, India – 110020.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.69 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹7.89 Lakh (net margin -214%) and EBITDA of -₹7.73 Lakh (EBITDA margin -209.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
The company is associated with 1 brand: Wonder Wagen.
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- Registered AddressOnward Coworkx E – 44/3 Ground Floor Okhla Industrial Area Phase – 2, Delhi, India – 110020
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- 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
- One PDF report, delivered after checkout
Business Activity of W2tech Labs Private Limited
The main business activity of W2tech Labs is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of W2tech Labs Private Limited FY 2025 filings available
W2tech Labs Private Limited reported revenue of ₹3.69 Lakh (down 92% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of W2tech Labs Private Limited
Revenue fell 92% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 43% 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 of W2tech Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹7.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.89 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 of W2tech Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -209.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -214% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of W2tech Labs are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of W2tech Labs Private Limited
W2tech Labs Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Retail Trading). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pragma Projects Private Limited | •••• | •••• | •••• | •••• | - | Barasat, West Bengal, India |
| Dhanurved Vanijya Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Utility Agency Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Abhinav Dealers Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Nitnui Technology Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| W2tech Labs Private Limited this company | •••• | •••• | •••• | •••• | - | Delhi, India |
| Golart India Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Pursuit Trade Solutions Private Limited | •••• | •••• | •••• | •••• | - | Ambernath East, Maharashtra, India |
| Lambodhar Tradecom Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Mobikpay E Commerce Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Bael Wellness Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below W2tech Labs by revenue in the same principal business activity (Retail Trading), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of W2tech Labs Private Limited
W2tech Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Sokhal | Director | 22 Apr 2019 | 7 Years 5 Months | Current |
| Avinash Anand | Director | 22 Apr 2019 | 7 Years 5 Months | Current |
Ownership and Shareholding of W2tech Labs Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of W2tech Labs Private Limited
W2tech Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with W2tech Labs Private Limited
W2tech Labs operates one associated brand: Wonder Wagen. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| GPS-based vehicle tracking systems are provided for vehicles. | wonderwagen.com |
Employees and EPFO Compliance at W2tech Labs Private Limited
Employment history and EPFO contributions of people linked to W2tech Labs.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on W2tech Labs Private Limited
W2tech Labs Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Avinash Anand was appointed as Director on 22 Apr 2019.
Credit Ratings, Litigation & Regulatory Alerts for W2tech Labs Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by W2tech Labs Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of W2tech Labs Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of W2tech Labs Private Limited
W2tech Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCW4178J1ZY | Delhi | Active | 21 May 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of W2tech Labs Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about W2tech Labs Private Limited
W2tech Labs is an active private limited company based in Delhi, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 22 April 2019 (7+ years old) and is registered under CIN U74999DL2019PTC348972.
W2tech Labs reported revenue of ₹3.69 Lakh for FY 2024 (down 92% YoY).
W2tech Labs has 2 current directors:
- Chirag Sokhal - Director
- Avinash Anand - Director
W2tech Labs reported a net loss of ₹7.89 Lakh (net margin -214%) and EBITDA of -₹7.73 Lakh (EBITDA margin -209.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of W2tech Labs is 18% over three years. In the latest year (FY 2024) revenue fell 92%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of W2tech Labs is 07AACCW4178J1ZY, registered in Delhi.
The CIN (Corporate Identification Number) of W2tech Labs is U74999DL2019PTC348972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
W2tech Labs was incorporated on 22 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of W2tech Labs by revenue are Pragma Projects Private Limited, Dhanurved Vanijya Limited, Utility Agency Private Limited, Abhinav Dealers Private Limited, Nitnui Technology Private Limited and 5 more, all in the same principal business activity (Retail Trading).
Avinash Anand was appointed as Director on 22 Apr 2019. Chirag Sokhal was appointed as Director on 22 Apr 2019.
Yes, W2tech Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).