Web Initiate Systems Private Limited - Company Profile

It is a information technology private limited company based in Delhi, Delhi, India, established in 2011.
2011 Delhi, Delhi, India Active
Last Updated:
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About Web Initiate Systems Private Limited

Web Initiate Systems Private Limited, a active private limited company, was established on 28 June 2011 in Delhi, Delhi, India. Engaging in application development & software solutions within the information technology sector, it holds CIN: U72900DL2011PTC221600. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹2.00 M and a paid-up capital of ₹2.00 M.

It upholds a active non-compliant status. Its leadership includes Vivek Kumar (Director), Vikrant Tiwari (Director). Past directors included Manohar Lal Vij, Shubham Kapoor, Nitin Kapoor. Its latest AGM occurred on 30 September 2017, with the balance sheet filed on 31 March 2017. It is based at 8/28, Iiird Floor, Wea Abdul Aziz Road Karol Bagh, Delhi, Delhi, 110005.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72900DL2011PTC221600

  • Registration Number

    221600

  • Incorporation Date

    28 June 2011

  • Authorized Capital

    ₹2.00 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 14 Year, 7 Months
  • Last Filing with ROC 31 Mar 2017
  • Revenue Growth **** -54.16%
  • Profit Growth **** -457.14%
  • Ebitda **** -269.62%
  • Net Worth -20.81%
  • Total Assets -30.88%
Company report

Web Initiate Systems Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Web Initiate Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Web Initiate Systems Private Limited?
Current Directors
Name Designation Appointment Date Status
Vivek Kumar Director 28 Jun 2011 Current
Vikrant Tiwari Director 30 Apr 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 18 Nov 2016 Past
Pramod Abcsdd Director 28 Feb 2017 Past
Pramod Abcsdd Director 07 Mar 2015 Past
Pramod Abcsdd Additional Director 28 Mar 2014 Past
Pramod Abcsdd Director 19 Mar 2014 Past
Pramod Abcsdd Director 06 Nov 2012 Past

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Financial Performance of Web Initiate Systems.

Web Initiate Systems Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 54.16% decrease. The company also saw a substantial fall in profitability, with a 457.14% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.81%.

Web Initiate Systems revenue growth over time
Web Initiate Systems profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -54.16%
*******
*******
*******
*******
Revenue from Operations
*******
 -54.05%
*******
*******
*******
*******
Total Assets
*******
 -30.88%
*******
*******
*******
*******
Profit or Loss
*******
 -457.14%
*******
*******
*******
*******
Net Worth
*******
 -20.81%
*******
*******
*******
*******
EBITDA
*******
 -269.62%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Web Initiate Systems?

In 2017, Web Initiate Systems had a promoter holding of 31.33% and a public holding of 68.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Web Initiate Systems?

Unlock and access historical data on people associated with Web Initiate Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
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Latest Updates, News, and FAQs on Web Initiate Systems
Recent Activity within the Organization
  • Annual General Meeting

    The activity Web Initiate Systems Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records. was completed.

  • Balance Sheet

    Web Initiate Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Delhi. was recorded as a recent event.

  • Director Appointment

    Progress on Vikrant Tiwari was appointed as a Director was appointed as a Director on 30 Apr 2015 & has been associated with this company since 10 years 9 months . was documented.

  • Director Appointment

    Progress on Vivek Kumar was appointed as a Director was appointed as a Director on 28 Jun 2011 & has been associated with this company since 14 years 7 months . was documented.

  • Company Incorporation

    The activity Web Initiate Systems Private Limited was registered on 28 Jun 2011 with Roc Delhi & aged 14 years 7 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Web Initiate Systems Private Limited?

The CIN of Web Initiate Systems Private Limited is U72900DL2011PTC221600.

Where is Web Initiate Systems Private Limited headquartered?

Web Initiate Systems Private Limited is headquartered at 8/28, Iiird Floor, Wea Abdul Aziz Road Karol Bagh, Delhi, Delhi, 110005.

When was Web Initiate Systems Private Limited incorporated?

Web Initiate Systems Private Limited was incorporated on 28 June 2011.

Who are the current directors of Web Initiate Systems Private Limited?

The current directors of Web Initiate Systems Private Limited are

What is the primary industry of Web Initiate Systems Private Limited?

The primary industry of Web Initiate Systems Private Limited is Information Technology.

Is Web Initiate Systems Private Limited a listed company?

Web Initiate Systems Private Limited is unlisted.

What is the capital structure of Web Initiate Systems Private Limited?

The authorized capital of Web Initiate Systems Private Limited is ₹2.00 M, and the paid-up capital is ₹2.00 M.

What is the compliance status of Web Initiate Systems Private Limited?

The compliance status of Web Initiate Systems Private Limited is Active Non-Compliant.

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