Wel Intertrade Private Limited
About Wel Intertrade Private Limited
Data last updated:
Wel Intertrade Private Limited is a private limited company based in Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 17 February 1973.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL1973PTC006489. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.99 Cr. It was formerly known as Wel Intertrade Limited and Singh Enterprises (Export) Limited. It is led by directors including Shiv Kumar Jatia and Archana Jatia.
Its last annual general meeting (AGM) was held on 29 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at S – 2 2nd Floor Manish Chambers, L.S.C. Plot No. 6 Mayur Vihar Phase – II, Delhi, India – 110091.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.37 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹61.57 Lakh (net margin -45%) and EBITDA of -₹46.17 Lakh (EBITDA margin -33.7%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 25% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.46 Cr and satisfied charges of ₹178.9 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
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- Registered AddressS – 2 2nd Floor Manish Chambers, L.S.C. Plot No. 6 Mayur Vihar Phase – II, Delhi, India – 110091
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Business Activity of Wel Intertrade Private Limited
The main business activity of Wel Intertrade is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Wel Intertrade Private Limited FY 2020 filings available
Wel Intertrade Private Limited reported revenue of ₹1.37 Cr (down 37% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Wel Intertrade Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 37% fall in the latest year. EBITDA fell 158% 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 of Wel Intertrade Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.37 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹46.17 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹61.57 Lakh | •••• | •••• | •••• | •••• |
| 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 of Wel Intertrade Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -45% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Wel Intertrade are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Wel Intertrade Private Limited
Wel Intertrade Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services, HR Outsourcing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Good Search Knowledge Network Private Limited | ₹1.37 Cr (FY 2024) | •••• | •••• | 187.0% | •••• | Pune, Maharashtra, India |
| Alvin Security Services and Man Power Supply Private Limited | ₹1.37 Cr (FY 2025) | •••• | •••• | 123.0% | •••• | Narsinghpur, Madhya Pradesh, India |
| Bha Consulting Private Limited | ₹1.37 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, India |
| P 2 P Industrial Manpower Private Limited | ₹1.37 Cr (FY 2016) | •••• | •••• | 56.0% | •••• | New Delhi, Delhi, India |
| Eemausam Weather Risk Management Services Private Limited | ₹1.37 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Hyderabad, Telangana, India |
| Wel Intertrade Private Limited this company | ₹1.37 Cr (FY 2020) | •••• | •••• | -37.0% | •••• | Delhi, India |
| KKC Consulting Services Private Limited | ₹1.37 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Sangareddy, Telangana, India |
| Belongg Community Ventures Private Limited | ₹1.37 Cr (FY 2024) | •••• | •••• | 699.0% | •••• | New Delhi, Delhi, India |
| AAA+ Health Care Consultancy Services Private Limited | ₹1.37 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
| Pride Associates Private Limited | ₹1.37 Cr (FY 2024) | •••• | •••• | 118.0% | •••• | Delhi, India |
| Cognosin Private Limited | ₹1.37 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | Thiruvananthapuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Wel Intertrade by revenue in the Outsourcing industry (Consulting Services, HR Outsourcing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Wel Intertrade Private Limited
Wel Intertrade Private Limited is audited by SHARMA SUDHIR & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHARMA SUDHIR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Wel Intertrade Private Limited
Wel Intertrade has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiv Kumar Jatia Also directs: Sun Media Private Limited, Hind Broadcasting Company Pvt Ltd, Newtown Leisure Private Limited and 5 more | Director | 31 Jul 2020 | 6 Years 2 Months | As last reported |
| Archana Jatia Also directs: Sun Media Private Limited, Hind Broadcasting Company Pvt Ltd, Newtown Leisure Private Limited and 5 more | Director | 29 Sep 1997 | 29 Years 0 Months | As last reported |
| Mahesh Agarwal | Irp/Rp/Liquidator | 06 Feb 2025 | 1 Years 8 Months | As last reported |
Ownership and Shareholding of Wel Intertrade Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Wel Intertrade Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jul 2021 | Others | ₹1.6 Cr | Open |
| 18 Sep 2020 | Others | ₹6.7 Cr | Open |
| 02 Jul 1983 | Mercantile Bank Limited | ₹15 Lakh | Open |
| 17 Sep 1973 | United Commercial Bank | ₹1 Lakh | Open |
| 12 Jul 2021 | Others | ₹3.5 Cr | Satisfied |
Total charge records: 16 View all charges
Legal Cases of Wel Intertrade Private Limited
Wel Intertrade Private Limited has 5 court cases on record: 2 filed by Wel Intertrade, 3 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Tax appeal | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (CO.A(SB)) | Filed against the company by Yoroshii Investments (Mauritius) Pvt. Ltd | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by Commissioner of Income Tax | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Income Tax Officer Ward 18(3) New Delhi | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India Th.The Secretary | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Wel Intertrade Private Limited
Wel Intertrade Private Limited has a workforce of 2 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Wel Intertrade Private Limited
Wel Intertrade has undergone 4 name changes throughout its history. The current legal name is Wel Intertrade Private Limited.
| Company Name | Status |
|---|---|
| Wel Intertrade Private Limited | Current |
| Wel Intertrade Limited | Previous |
| Singh Enterprises (Export) Limited | Previous |
| Singh Enterprises (Export) Private Limited | Previous |
| Wimco Exports Limited | Previous |
Recent Activity on Wel Intertrade Private Limited
Wel Intertrade Private Limited has 7 board changes on record since 1997: 3 appointments and 4 cessations. The latest: Mahesh Agarwal was appointed as Irp/Rp/Liquidator on 06 Feb 2025.
33 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wel Intertrade Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Wel Intertrade Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Wel Intertrade Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Wel Intertrade Private Limited
Wel Intertrade has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Wel Intertrade Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Wel Intertrade Private Limited
Wel Intertrade is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Wel Intertrade is a company under insolvency, formerly operating as a private limited company based in Delhi, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 17 February 1973 and is registered under CIN U51909DL1973PTC006489. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Wel Intertrade reported revenue of ₹1.37 Cr for FY 2020 (down 37% YoY).
Wel Intertrade has 3 current directors:
- Shiv Kumar Jatia - Director
- Archana Jatia - Director
- Mahesh Agarwal - Irp/Rp/Liquidator
Wel Intertrade reported a net loss of ₹61.57 Lakh (net margin -45%) and EBITDA of -₹46.17 Lakh (EBITDA margin -33.7%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wel Intertrade is -6% over three years and -25% over five years. In the latest year (FY 2020) revenue fell 37%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Wel Intertrade is U51909DL1973PTC006489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wel Intertrade has open charges of ₹8.46 Cr and satisfied charges of ₹178.9 Cr as per latest MCA filings.
Wel Intertrade has 5 court cases on record: 2 filed by the company and 3 filed against it.
Wel Intertrade was incorporated on 17 February 1973. It is registered with the Registrar of Companies, Delhi.
The peers of Wel Intertrade by revenue are Good Search Knowledge Network Private Limited, Alvin Security Services and Man Power Supply Private Limited, Bha Consulting Private Limited, P 2 P Industrial Manpower Private Limited, Eemausam Weather Risk Management Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services, HR Outsourcing).