We33ras IT Private Limited - information technology in Vaijapur, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2018PTC311449 Incorporated 02 July 2018 ROC Mumbai HQ Vaijapur, Maharashtra, India
Active Private Limited Company information technology DPIIT Startup
Data last updated
Revenue · FY 2022
₹19,900
▼ 74% YoY
Net loss · FY 2022
₹19,521
Net margin -98.1%
EBITDA · FY 2022
-₹10,665
EBITDA margin -53.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹90,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
GST registrations
1
None active

About We33ras IT Private Limited

Data last updated:

We33ras IT Private Limited is a private limited company based in Vaijapur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 02 July 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2018PTC311449. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹90,000. It is led by directors Ajay Suresh Tambe and Rohit Suresh Tambe.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 4/40 Gangapur Road, Vaijapur, Maharashtra, India – 423701.

As per the financials filed for FY 2022, the company reported a revenue of ₹19,900, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹19,521 (net margin -98.1%) and EBITDA of -₹10,665 (EBITDA margin -53.6%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years.

The company is associated with 2 brands: We33ras and Jfc Foods.

For more details, the company can be reached via its website weras.in.

Company details

CIN U72900MH2018PTC311449
Registration Number 311449
Incorporation Date 02 July 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup

Recognitions & Rankings of We33ras IT

DPIIT recognised startup Government of India
Startup India

Contact details

We33ras IT Private Limited's registered office is in Vaijapur, Maharashtra. Its website is weras.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    4/40 Gangapur Road, Vaijapur, Maharashtra, India – 423701
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of We33ras IT Private Limited, buy the company report.

Comprehensive company report
We33ras IT 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

We33ras IT operates two associated brands: WE33RAS and JFC FOODS. Each brand links to its own profile.

BrandDescriptionWebsite
Offers custom software development services to create tailored applications for businesses.weras.in
Brand specializing in fresh cakes and fruit products.jfcfoods.com

Business activity

The main business activity of We33ras IT is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of We33ras IT Private Limited, buy the company report.

Financials of We33ras IT Private Limited

FY 2022 filings available

We33ras IT Private Limited reported revenue of ₹19,900 (down 74% YoY) for FY 2022.

Revenue · FY 2022
₹19,900 ▼ 74%
Net loss · FY 2022
₹19,521 margin -98.1%
EBITDA · FY 2022
-₹10,665 margin -53.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 74%
3 years · compounded
▼ 64%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▼ 34%

Revenue has declined at a compounded annual rate (CAGR) of 64% over three years, including a 74% fall in the latest year. EBITDA rose 49% 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹10,665
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹19,521
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-53.6%
Net Profit Margin-98.1%
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

To see the full financial statements and ratios of We33ras IT Private Limited, buy the company report.

Board of directors of We33ras IT Private Limited

We33ras IT has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ajay Suresh TambeDirector02 Jul 20188 Years 3 MonthsCurrent
Rohit Suresh TambeDirector12 Jun 20197 Years 4 MonthsCurrent

Peer comparison

We33ras IT Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Homerazzle Interior Solutions Private Limited₹20,000 (FY 2019)Bangalore, Karnataka, India
Adeep My IT Solution Private Limited₹19,943 (FY 2022)-92.0%New Delhi, Delhi, India
Blazingminds Eduserv Private Limited₹19,930 (FY 2021)-86.0%Gurgaon, Haryana, India
Mercemur Private Limited₹19,903 (FY 2022)Chennai, Tamil Nadu, India
We33ras IT Private Limitedthis company₹19,900 (FY 2022)-₹19,521-98.1%-74.0%Vaijapur, Maharashtra, India
Rishi Info Media Solutions Private Limited₹19,890 (FY 2016)Coimbatore, Tamil Nadu, India
Technophore Solutions Private Limited₹19,864 (FY 2023)1886.0%Tri Nagar, Delhi, India
Blusys Info Private Limited₹19,824 (FY 2025)-70.0%Greater Noida, Uttar Pradesh, India
Pravis Consultancy Solutions Private Limited₹19,800 (FY 2024)133.0%Ahmednagar, Maharashtra, India

To see the full peer comparison of We33ras IT Private Limited, buy the company report.

Auditor

We33ras IT Private Limited is audited by P S AUTADE & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
P S AUTADE & ASSOCIATESFY 2020151222W

Shareholding

The shareholding of We33ras IT Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of We33ras IT Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for We33ras IT Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

We33ras IT has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of We33ras IT Private Limited, buy the company report.

Recent activity

We33ras IT Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Rohit Suresh Tambe ceased to be Additional Director on 31 Dec 2019.

AGM
We33Ras It Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
We33Ras It Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Ceased
Rohit Suresh Tambe ceased to be Additional Director.
Appointed
Rohit Suresh Tambe was appointed as Director.
Ceased
Sudarshan Dhanraj Kete ceased to be Director.
Ceased
Ravindra Nivrutti Pawar ceased to be Director.
Appointed
Ajay Suresh Tambe was appointed as Director.
Incorporation
02 Jul 2018
We33Ras It Private Limited was registered on 02 Jul 2018 with Roc Mumbai & aged 8 years 3 months as per MCA records.

Frequently asked questions

We33ras IT is an active private limited company based in Vaijapur, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 02 July 2018 (8+ years old) and is registered under CIN U72900MH2018PTC311449.

We33ras IT has 2 current directors:

The latest financial statements of We33ras IT on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.

No. We33ras IT has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of We33ras IT is U72900MH2018PTC311449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

We33ras IT was incorporated on 02 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of We33ras IT by revenue are Homerazzle Interior Solutions Private Limited, Adeep My IT Solution Private Limited, Blazingminds Eduserv Private Limited, Mercemur Private Limited, Rishi Info Media Solutions Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).

Rohit Suresh Tambe ceased to be Additional Director on 31 Dec 2019. Rohit Suresh Tambe was appointed as Director on 12 Jun 2019. Sudarshan Dhanraj Kete ceased to be Director on 17 May 2019. We33ras IT has 5 board changes on record in total.

Yes, We33ras IT is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

We33ras IT can be reached through the website weras.in. Its registered office is in Vaijapur, Maharashtra, India.

The registered office of We33ras IT is at 440 Gangapur Road, Vaijapur, Maharashtra, India – 423701.