Wb3 Ventures Private Limited
About Wb3 Ventures Private Limited
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Wb3 Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 29 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC115775. Its GSTIN is 29AACCW2594A1ZB (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sudhir Jain and Ankith Ladhulal Mehta.
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 No. 163 5th Main Chamrajapet, Bangalore, Karnataka, India – 560018.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.39 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2,945 (net margin 2.1%) and EBITDA of -₹1.01 Lakh (EBITDA margin -72.6%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.
Company details
Contact details
Wb3 Ventures Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 163 5th Main Chamrajapet, Bangalore, Karnataka, India – 560018
- IndustryE-Commerce, Online Healthcare Product Retail
To see the full contact details of Wb3 Ventures Private 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
Business activity
The main business activity of Wb3 Ventures is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Wb3 Ventures Private Limited, buy the company report.
Financials of Wb3 Ventures Private Limited
FY 2024 filings availableWb3 Ventures Private Limited reported revenue of ₹1.39 Lakh (up 10093% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over three years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹1.39 Lakh | ||||
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| EBITDA | -₹1.01 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹2,945 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -72.6% | ||||
| Net Profit Margin | 2.1% | ||||
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To see the full financial statements and ratios of Wb3 Ventures Private Limited, buy the company report.
Board of directors of Wb3 Ventures Private Limited
Wb3 Ventures has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Jain | Director | 29 Aug 2018 | 8 Years 2 Months | Current |
| Ankith Ladhulal Mehta Also directs: JGT Ventures Private Limited | Director | 29 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Wb3 Ventures Private Limited is audited by J.K Chopra & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.K Chopra & Associates | FY 2023 | 016071S |
Shareholding
The shareholding of Wb3 Ventures Private 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 Wb3 Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wb3 Ventures 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
No delayed payments to MSME suppliers are on our record for Wb3 Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wb3 Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW2594A1ZB | Karnataka | Active | 01 Nov 2018 |
To see the full GST registrations and return filing status of Wb3 Ventures Private Limited, buy the company report.
Recent activity
Wb3 Ventures Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Seema Mehta ceased to be Director on 18 Oct 2022.
Frequently asked questions
Wb3 Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in online healthcare product retail, within the e-commerce industry. It was incorporated on 29 August 2018 (8+ years old) and is registered under CIN U74999KA2018PTC115775.
Wb3 Ventures has 2 current directors:
- Sudhir Jain - Director
- Ankith Ladhulal Mehta - Director
The latest financial statements of Wb3 Ventures 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 FY 2019 are in the company report.
The GSTIN of Wb3 Ventures is 29AACCW2594A1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Wb3 Ventures is U74999KA2018PTC115775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wb3 Ventures was incorporated on 29 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Seema Mehta ceased to be Director on 18 Oct 2022. Ankith Ladhulal Mehta was appointed as Director on 29 Aug 2018. Sudhir Jain was appointed as Director on 29 Aug 2018.
The registered office of Wb3 Ventures is at No. 163 5th Main Chamrajapet, Bangalore, Karnataka, India – 560018.
Wb3 Ventures operates in the e-commerce industry, in the online healthcare product retail segment.
Wb3 Ventures can be reached at its registered office: No. 163 5th Main Chamrajapet, Bangalore, Karnataka, India – 560018.
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