Wefivesoft Private Limited
About Wefivesoft Private Limited
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Wefivesoft Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72200TZ2015PTC022012. Its GSTIN is 33AANCA9735E1ZK (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Absence Soft Private Limited. It is led by directors Boochiappachetty Saminathan and Swaminathan Ravichandran.
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.64 Ramlakshman Nagar II West Cross Street Sowripalayam, Coimbatore, Tamil Nadu, India – 641028.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.18 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹23.91 Lakh (net margin -2.9%) and EBITDA of -₹13.58 Lakh (EBITDA margin -1.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 9% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Wefivesoft.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Wefivesoft Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.64 Ramlakshman Nagar II West Cross Street Sowripalayam, Coimbatore, Tamil Nadu, India – 641028
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Wefivesoft 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
Wefivesoft operates one associated brand: Wefivesoft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers cloud-based solutions for efficient school management and administration. | wefivesoft.com |
Business activity
The main business activity of Wefivesoft is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Wefivesoft Private Limited, buy the company report.
Financials of Wefivesoft Private Limited
FY 2024 filings availableWefivesoft Private Limited reported revenue of ₹8.18 Cr (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 151% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹13.58 Lakh | ||||
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| Net Profit (PAT) | -₹23.91 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -1.7% | ||||
| Net Profit Margin | -2.9% | ||||
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To see the full financial statements and ratios of Wefivesoft Private Limited, buy the company report.
Board of directors of Wefivesoft Private Limited
Wefivesoft has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Boochiappachetty Saminathan Also directs: SK Ganga Infrastructure Development Private Limited | Director | 26 Nov 2015 | 10 Years 10 Months | Current |
| Swaminathan Ravichandran Also directs: SK Ganga Infrastructure Development Private Limited | Director | 26 Nov 2015 | 10 Years 10 Months | Current |
Auditor
Wefivesoft Private Limited is audited by RADHAKRISHNAN S & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RADHAKRISHNAN S & CO | FY 2021 | 015304S |
Shareholding
The shareholding of Wefivesoft Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Wefivesoft Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wefivesoft 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 Wefivesoft Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Wefivesoft Private Limited has a workforce of 49 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Wefivesoft has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AANCA9735E1ZK | Tamil Nadu | Active | 18 Aug 2017 |
| 27AANCA9735E1ZD | Maharashtra | Active | 03 Jan 2020 |
To see the full GST registrations and return filing status of Wefivesoft Private Limited, buy the company report.
Recent activity
Wefivesoft Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Boochiappachetty Saminathan was appointed as Director on 26 Nov 2015.
Frequently asked questions
Wefivesoft is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 26 November 2015 (11+ years old) and is registered under CIN U72200TZ2015PTC022012.
Wefivesoft has 2 current directors:
- Boochiappachetty Saminathan - Director
- Swaminathan Ravichandran - Director
The latest financial statements of Wefivesoft 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 2016 are in the company report.
The GSTIN of Wefivesoft is 33AANCA9735E1ZK, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AANCA9735E1ZD (Maharashtra).
The CIN (Corporate Identification Number) of Wefivesoft is U72200TZ2015PTC022012. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wefivesoft was incorporated on 26 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.
Boochiappachetty Saminathan was appointed as Director on 26 Nov 2015. Swaminathan Ravichandran was appointed as Director on 26 Nov 2015.
The registered office of Wefivesoft is at No.64 Ramlakshman Nagar II West Cross Street Sowripalayam, Coimbatore, Tamil Nadu, India – 641028.
Wefivesoft operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Wefivesoft is compliant as of 10 August 2026. The company is actively filing with the Registrar of Companies.