- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0007892

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
Recognitions & Rankings of Wegot Utility Solutions
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 AddressPlot No 45 Second Street Raju Nagar Mettukuppam Okkiyam Thoraipakkam, Chennai, Tamil Nadu, India – 600097
- IndustryEnvironment, Water Treatment
To see the full contact details of Wegot Utility 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
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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical 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 availableWegot Utility Solutions Private Limited reported revenue of ₹13.95 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Selvakumar Ayapakkam Balakumar | Director | 21 Jul 2017 | 9 Years 3 Months | Current |
| Santhanaraman Vijaykrishna Also directs: Denvik Technology Private Limited | Whole-Time Director | 01 Apr 2015 | 11 Years 6 Months | Current |
| Abilash Haridass Also directs: Melandro Ventures LLP, PHQ Sports LLP | Director | 29 Jul 2015 | 11 Years 2 Months | Current |
Auditor
Wegot Utility Solutions Private Limited is audited by R Bupathy & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R Bupathy & Co. | FY 2023 | 000525S |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2023 | 100757154 | Others | ₹6 Cr | Open | |
| 25 Apr 2022 | 100573211 | Hdfc Bank Limited | ₹5.77 Cr | Open | |
| 05 Jun 2021 | 100450287 | The Hongkong and Shanghai Banking Corporation Limited | ₹3.5 Cr | Satisfied | |
| 12 Jan 2017 | 100184784 | State Bank of India | ₹56.93 Lakh | Satisfied |
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.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2024 | Rights issue | ₹14.65 Cr | Investors: Mudhal Partners, Ithought wealth Analytics LLP, 2 individuals |
| Jan 2022 | Funding round | ₹3.75 Cr | Investors: Gruhas, HDFC Capital Advisors Limited |
| Dec 2021 | Funding round | ₹5.07 Cr | Investors: DLF Family Office, Pinnacle Investments, KVN Enterprises LLP , an individual |
| Dec 2021 | Funding round | ₹1.99 Cr | Investors: Aapex Power and Industries Private Limited |
| Feb 2021 | Funding round | ₹12.8 Lakh | Investors: 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.
Legal cases
No court or tribunal cases involving Wegot Utility 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
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)
| Supplier | Amount due | Due since | Reported 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.
GST
Wegot Utility Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCW6423B1ZT | Tamil Nadu | Active | 01 Jul 2017 |
| 29AABCW6423B1ZI | Karnataka | Active | 26 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.
6 earlier events are in the company report.
News
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:
- Santhanaraman Vijaykrishna - Whole-Time Director
- Selvakumar Ayapakkam Balakumar - Director
- Abilash Haridass - Director
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.