About Websym Solutions Private Limited
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Websym Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 24 September 2003.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74140PN2003PTC018387. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹8.25 Lakh. It was formerly known as Amigo Consultancy Private Limited. It is led by directors including Shripad Krishna Shingne and Ashish Nene.
Its last annual general meeting (AGM) was held on 15 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Fl B703 S 155/1A/1A/1 Pinnac Kanchanganga P67A7B 8 Aundh, Pune, Maharashtra, India – 411007.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.89 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.72 Cr (net margin 35.1%) and EBITDA of ₹3.16 Cr (EBITDA margin 64.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Websym Solutions. The company has 1 deal on record (1 acquisition); the latest was in May 2023. The company has 6 MSME Form 1 returns on record between 2020 and 2023, listing 40 overdue payments to 9 micro and small suppliers.
The last known website on record is websym.com.
Company details
Contact details
Websym Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is websym.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFl B703 S 155/1A/1A/1 Pinnac Kanchanganga P67A7B 8 Aundh, Pune, Maharashtra, India – 411007
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Websym Solutions 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
Brands
Websym Solutions operates one associated brand: Websym Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Global IT provider offering outsourcing, product development, and technical support services. | websym.com |
Business activity
The main business activity of Websym Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Websym Solutions Private Limited, buy the company report.
Financials of Websym Solutions Private Limited
FY 2023 filings availableWebsym Solutions Private Limited reported revenue of ₹4.89 Cr (down 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 78% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹3.16 Cr | ||||
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| Net Profit (PAT) | ₹1.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 64.7% | ||||
| Net Profit Margin | 35.1% | ||||
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To see the full financial statements and ratios of Websym Solutions Private Limited, buy the company report.
Board of directors of Websym Solutions Private Limited
Websym Solutions has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shripad Krishna Shingne | Director | 07 Jan 2015 | 11 Years 9 Months | As last reported |
| Ashish Nene Also directs: Torotoro Technologies Private Limited | Director | 09 Feb 2015 | 11 Years 8 Months | As last reported |
| Subramhanya Sudhakar Hathwar | Director | 09 Feb 2015 | 11 Years 8 Months | As last reported |
| Anagha Srinivas Rao Anasingaraju | Irp/Rp/Liquidator | 18 May 2024 | 2 Years 5 Months | As last reported |
Auditor
Websym Solutions Private Limited is audited by NATU AND PATHAK CHARTERED ACCOUNTANTS for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NATU AND PATHAK CHARTERED ACCOUNTANTS | FY 2022 | 112219W |
Shareholding
The shareholding of Websym Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Public | |||||
| Others |
To see the full shareholding pattern of Websym Solutions Private Limited, buy the company report.
Deals & funding
Websym Solutions Private Limited has 1 deal on record (1 acquisition); the latest was in May 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Acquisition | Undisclosed | Buyer: Deloitte Touche Tohmatsu India LLP Seller: Websym Solutions Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Websym Solutions 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
Websym Solutions Private Limited has 6 MSME Form 1 returns on record between 2020 and 2023, listing 40 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Telemerge IT Services Private Limited | |||
| NP Consulting Private Limited | |||
| Into Wellness Private Limited | |||
| Prajot Tungare & Associates | |||
| Texple Technologies LLP |
To see the full MSME payment records of Websym Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Websym Solutions Private Limited has a workforce of 2 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Websym Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Websym Solutions Private Limited, buy the company report.
Recent activity
Websym Solutions Private Limited has 10 board changes on record since 2015: 4 appointments and 6 cessations. The latest: Anagha Srinivas Rao Anasingaraju was appointed as Irp/Rp/Liquidator on 18 May 2024.
1 earlier event is in the company report.
Frequently asked questions
Websym Solutions is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Websym Solutions is a company under liquidation, formerly operating as a private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 24 September 2003 and is registered under CIN U74140PN2003PTC018387. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Websym Solutions has 4 current directors:
- Shripad Krishna Shingne - Director
- Ashish Nene - Director
- Subramhanya Sudhakar Hathwar - Director
- Anagha Srinivas Rao Anasingaraju - Irp/Rp/Liquidator
The latest financial statements of Websym Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 15 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Websym Solutions is U74140PN2003PTC018387. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Websym Solutions was incorporated on 24 September 2003. It is registered with the Registrar of Companies, Pune.
Websym Solutions has 1 deal on record (1 acquisition); the latest was in May 2023.
Anagha Srinivas Rao Anasingaraju was appointed as Irp/Rp/Liquidator on 18 May 2024. Ashish Nene ceased to be Additional Director on 21 Sep 2015. Shripad Krishna Shingne ceased to be Additional Director on 21 Sep 2015. Websym Solutions has 10 board changes on record in total.
Websym Solutions has 6 MSME Form 1 returns on record between 2020 and 2023, listing 40 overdue payments to 9 micro and small suppliers. The latest return was filed on 28 Apr 2023.
Websym Solutions can be reached through the website websym.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Websym Solutions is at Fl B703 S 1551A1A1 Pinnac Kanchanganga P67A7B 8 Aundh, Pune, Maharashtra, India – 411007.