We Tech India Private Limited
About We Tech India Private Limited
Data last updated:
We Tech India Private Limited was a foreign private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the special-purpose machinery segment of the industrial manufacturing sector. It was incorporated on 29 January 2015.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U29253DL2015FTC276117.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors Ajay Sareen and Pankaj Jangira.
Its last annual general meeting (AGM) was held on 27 June 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at B – 129 Khasra No. 299 Gali No. – 5 Village Gokulpur Shahdara, New Delhi, Delhi, India – 110094.
As per the financials filed for FY 2018, the company reported a revenue of ₹13,820, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹436 (net margin -3.2%) and EBITDA of ₹10,820 (EBITDA margin 78.3%).
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
We Tech India Private Limited's registered office is in New Delhi, Delhi.
- Registered AddressB – 129 Khasra No. 299 Gali No. – 5 Village Gokulpur Shahdara, New Delhi, Delhi, India – 110094
- IndustryIndustrial Manufacturing, Special Purpose Machinery, Manufacturing
- 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 We Tech India Private Limited
FY 2018 filings availableWe Tech India Private Limited reported revenue of ₹13,820 (down 13% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year. EBITDA rose 101% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹10,820 | |||
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| Net Profit (PAT) | -₹436 | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | 78.3% | |||
| Net Profit Margin | -3.2% | |||
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To see the full financial statements and ratios of We Tech India Private Limited, buy the company report.
Board of directors of We Tech India Private Limited
We Tech India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Sareen Also directs: Spectrum Technoprojects Private Limited | Director | 01 Sep 2016 | 10 Years 1 Months | As last reported |
| Pankaj Jangira | Director | 01 May 2015 | 11 Years 5 Months | As last reported |
Legal cases
We Tech India Private Limited has 1 court case on record: 1 filed by We Tech India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1418-Criminal Matters : Others) | Filed by the company against individuals | Disposed |
To see the full case history of We Tech India 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 We Tech India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for We Tech India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
We Tech India Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Nishant Khandelwal ceased to be Director on 01 Oct 2016.
Frequently asked questions
We Tech India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
We Tech India was a foreign private limited company based in New Delhi, Delhi, India. The company worked in special purpose machinery, within the industrial manufacturing industry. It was incorporated on 29 January 2015 and is registered under CIN U29253DL2015FTC276117. The company has been struck off by the Registrar of Companies and is no longer operational.
We Tech India had 2 directors:
- Ajay Sareen - Director
- Pankaj Jangira - Director
The CIN (Corporate Identification Number) of We Tech India is U29253DL2015FTC276117. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of We Tech India is at B – 129 Khasra No. 299 Gali No. – 5 Village Gokulpur Shahdara, New Delhi, Delhi, India – 110094.
We Tech India was incorporated on 29 January 2015. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of We Tech India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 27 June 2018. Year-wise statements from 2015 are in the company report.
We Tech India operated in the industrial manufacturing industry, in the special purpose machinery segment. It worked in this industry before it was struck off.
We Tech India has 1 court case on record: 1 filed by the company.
Nishant Khandelwal ceased to be Director on 01 Oct 2016. Ajay Sareen was appointed as Director on 01 Sep 2016. Shalini Jangira ceased to be Director on 15 Mar 2016. We Tech India has 5 board changes on record in total.