Wegot Utility Solutions Private Limited

Wegot Utility Solutions Private Limited - environment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U31401TN2015PTC099911 Incorporated 01 April 2015 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company environment MSME · Small
Data last updated
Revenue · FY 2024
₹13.95 Cr
▼ 4% YoY
Net loss · FY 2024
₹7.36 Cr
Net margin -52.8%
EBITDA · FY 2024
-₹3.13 Cr
EBITDA margin -22.4%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹41.98 Lakh
Issued & subscribed
Open charges
₹11.77 Cr
Satisfied ₹4.07 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
126
Provident fund records

About Wegot Utility Solutions Private Limited

Data last updated:

Wegot Utility Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the water treatment segment of the environmental services sector. It was incorporated on 01 April 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31401TN2015PTC099911. Its GSTIN is 33AABCW6423B1ZT (Tamil Nadu). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹41.98 Lakh. It is led by directors including Santhanaraman Vijaykrishna (Whole-Time Director) and Selvakumar Ayapakkam Balakumar.

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 Plot No 45 Second Street Raju Nagar Mettukuppam Okkiyam Thoraipakkam, Chennai, Tamil Nadu, India – 600097.

As per the financials filed for FY 2024, the company reported a revenue of ₹13.95 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹7.36 Cr (net margin -52.8%) and EBITDA of -₹3.13 Cr (EBITDA margin -22.4%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 18% over five years.

The company has about 126 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: WEGoT. As per MCA filings, the company has open charges of ₹11.77 Cr and satisfied charges of ₹4.07 Cr on record. The company has 20 deals on record (12 funding rounds, 4 rights issues, 3 secondary share transfers), with disclosed funding of ₹41.89 Cr; the latest was in June 2024. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 2,097 overdue payments to 24 micro and small suppliers.

Wegot Utility Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0007892). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wegot.in.

Company details

CIN U31401TN2015PTC099911
Registration Number 099911
Incorporation Date 01 April 2015
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0007892

Recognitions & Rankings of Wegot Utility Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0007892

Contact details

Wegot Utility Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is wegot.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    Plot No 45 Second Street Raju Nagar Mettukuppam Okkiyam Thoraipakkam, Chennai, Tamil Nadu, India – 600097
  • Industry
    Environment, Water Treatment

To see the full contact details of Wegot Utility Solutions Private Limited, buy the company report.

Comprehensive company report
Wegot Utility Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Wegot Utility Solutions operates one associated brand: WEGoT. Each brand links to its own profile.

BrandDescriptionWebsite
Smart water management solutions are provided for buildings.wegot.in

Business activity

The main business activity of Wegot Utility Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Wegot Utility Solutions Private Limited, buy the company report.

Financials of Wegot Utility Solutions Private Limited

FY 2024 filings available

Wegot Utility Solutions Private Limited reported revenue of ₹13.95 Cr (down 4% YoY) for FY 2024.

Revenue · FY 2024
₹13.95 Cr ▼ 4%
Net loss · FY 2024
₹7.36 Cr margin -52.8%
EBITDA · FY 2024
-₹3.13 Cr margin -22.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 27%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 12%
5 years · compounded
▼ 23%

Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 33% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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-₹3.13 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.36 Cr
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-22.4%
Net Profit Margin-52.8%
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 Wegot Utility Solutions Private Limited, buy the company report.

Board of directors of Wegot Utility Solutions Private Limited

Wegot Utility Solutions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Selvakumar Ayapakkam BalakumarDirector21 Jul 20179 Years 3 MonthsCurrent
Santhanaraman VijaykrishnaWhole-Time Director01 Apr 201511 Years 6 MonthsCurrent
Abilash HaridassDirector29 Jul 201511 Years 2 MonthsCurrent

Auditor

Wegot Utility Solutions Private Limited is audited by R Bupathy & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R Bupathy & Co.FY 2023000525S

Shareholding

The shareholding of Wegot Utility Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Wegot Utility Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹11.77 Cr
Satisfied charges
₹4.07 Cr
Breakdown by lending institutions
Others₹6.00 Cr
Hdfc Bank Limited₹5.77 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Jun 2023100757154Others₹6 CrOpen
25 Apr 2022100573211Hdfc Bank Limited₹5.77 CrOpen
05 Jun 2021100450287The Hongkong and Shanghai Banking Corporation Limited₹3.5 CrSatisfied
12 Jan 2017100184784State Bank of India₹56.93 LakhSatisfied

To see the full charge records of Wegot Utility Solutions Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Wegot Utility Solutions Private Limited has 20 deals on record (12 funding rounds, 4 rights issues, 3 secondary share transfers), with disclosed funding of ₹41.89 Cr; the latest was in June 2024.

Total deals
20
Funding rounds
12
Rights issues
4
Secondary share transfers
3
Debt financing
1
Disclosed funding
₹41.89 Cr

Deals on record (5 of 20)

WhenDealAmountParties
Jun 2024Rights issue₹14.65 CrInvestors: Mudhal Partners, Ithought wealth Analytics LLP, 2 individuals
Jan 2022Funding round₹3.75 CrInvestors: Gruhas, HDFC Capital Advisors Limited
Dec 2021Funding round₹5.07 CrInvestors: DLF Family Office, Pinnacle Investments, KVN Enterprises LLP , an individual
Dec 2021Funding round₹1.99 CrInvestors: Aapex Power and Industries Private Limited
Feb 2021Funding round₹12.8 LakhInvestors: HDFC Capital Advisors Limited

To see the full deal history of Wegot Utility Solutions Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Wegot Utility Solutions Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 2,097 overdue payments to 24 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 24)

SupplierAmount dueDue sinceReported on
Mekr Technologies Private Limited
an individual supplier
an individual supplier
Agrya Consulting Private Limited
IT Service

To see the full MSME payment records of Wegot Utility Solutions Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Wegot Utility Solutions Private Limited has a workforce of 126 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
126
Active EPFO establishments
1
Employee growth
10.53%

GST

Wegot Utility Solutions has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
33AABCW6423B1ZTTamil NaduActive01 Jul 2017
29AABCW6423B1ZIKarnatakaActive26 Jul 2017

To see the full GST registrations and return filing status of Wegot Utility Solutions Private Limited, buy the company report.

Recent activity

Wegot Utility Solutions Private Limited has 7 board changes on record since 2015: 5 appointments and 2 cessations. The latest: Sundeep Donthamshetty ceased to be Director on 26 Jan 2023.

AGM
Wegot Utility Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Wegot Utility Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100757154 was registered on 14 Jun 2023.
Ceased
Sundeep Donthamshetty ceased to be Director.
Ceased
Haja Mohideen ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 577.07 Lakh registered on 25 Apr 2022 with Charge ID 100573211 was modified on 07 Jan 2023.
Charges
A charge registered on 05 Jun 2021 via Charge ID 100450287 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 07 Jul 2022.
Charges
A charge registered on 12 Jan 2017 via Charge ID 100184784 with State Bank Of India was fully satisfied on 06 Jun 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 577.07 Lakh with Charge ID 100573211 was registered on 25 Apr 2022.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 350.00 Lakh with Charge ID 100450287 was registered on 05 Jun 2021.
Charges
A charge with State Bank Of India of Rs. 56.93 Lakh registered on 12 Jan 2017 with Charge ID 100184784 was modified on 11 Jun 2020.
Appointed
Selvakumar Ayapakkam Balakumar was appointed as Director.

6 earlier events are in the company report.

Frequently asked questions

Wegot Utility Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in water treatment, within the environment industry. It was incorporated on 01 April 2015 (11+ years old) and is registered under CIN U31401TN2015PTC099911.

Wegot Utility Solutions has 3 current directors:

The latest financial statements of Wegot Utility Solutions 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 Wegot Utility Solutions is 33AABCW6423B1ZT, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AABCW6423B1ZI (Karnataka).

The CIN (Corporate Identification Number) of Wegot Utility Solutions is U31401TN2015PTC099911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Wegot Utility Solutions was incorporated on 01 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.

Wegot Utility Solutions has 20 deals on record (12 funding rounds, 4 rights issues, 3 secondary share transfers), with disclosed funding of ₹41.89 Cr; the latest was in June 2024.

Sundeep Donthamshetty ceased to be Director on 26 Jan 2023. Haja Mohideen ceased to be Director on 25 Jan 2023. Selvakumar Ayapakkam Balakumar was appointed as Director on 21 Jul 2017. Wegot Utility Solutions has 7 board changes on record in total.

Yes, Wegot Utility Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0007892).

Wegot Utility Solutions has 15 MSME Form 1 returns on record between 2019 and 2024, listing 2,097 overdue payments to 24 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Wegot Utility Solutions can be reached through the website wegot.in. Its registered office is in Chennai, Tamil Nadu, India.