Welcare Services Private Limited
About Welcare Services Private Limited
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Welcare Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 21 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U91100MH1999PTC120908. Its GSTIN is 27AAACW2209A1ZX (Maharashtra).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Niru Geigy Sharma and Ashish Sharma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2 Vishwashanti Apartments7 Bunglows Versova Andheri West, Mumbai, Maharashtra, India – 400061.
As per the financials filed for FY 2025, the company reported a revenue of ₹25,215, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹38,246 (net margin -151.7%) and EBITDA of -₹35,440 (EBITDA margin -140.6%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 73% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Welcare Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 Vishwashanti Apartments7 Bunglows Versova Andheri West, Mumbai, Maharashtra, India – 400061
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Welcare Services 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 Welcare Services is support service to organizations. In detail, this covers placement agencies and hr management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N2 | Placement agencies and HR management services |
To see the full business activity and turnover split of Welcare Services Private Limited, buy the company report.
Financials of Welcare Services Private Limited
FY 2025 filings availableWelcare Services Private Limited reported revenue of ₹25,215 (down 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 73% over five years, including a 96% fall in the latest year. EBITDA rose 75% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹35,440 | ||||
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| Net Profit (PAT) | -₹38,246 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -140.6% | ||||
| Net Profit Margin | -151.7% | ||||
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To see the full financial statements and ratios of Welcare Services Private Limited, buy the company report.
Board of directors of Welcare Services Private Limited
Welcare Services has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niru Geigy Sharma Also directs: Apt Placement and Consultancy Services Private Limited | Director | 12 Mar 2018 | 8 Years 7 Months | Current |
| Ashish Sharma Also directs: Apt Placement and Consultancy Services Private Limited | Director | 21 Jul 1999 | 27 Years 3 Months | Current |
Auditor
Welcare Services Private Limited is audited by H M MALIK & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H M MALIK & CO | FY 2018 | 105911W |
Shareholding
The shareholding of Welcare Services Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Welcare Services Private Limited, buy the company report.
Legal cases
Welcare Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Welcare Services Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Welcare Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Welcare Services Private Limited has a workforce of 7 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Welcare Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW2209A1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Welcare Services Private Limited, buy the company report.
Recent activity
Welcare Services Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Geigy Himatrai Sharma ceased to be Director on 18 Apr 2019.
Frequently asked questions
Welcare Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 21 July 1999 (27+ years old) and is registered under CIN U91100MH1999PTC120908.
Welcare Services has 2 current directors:
- Niru Geigy Sharma - Director
- Ashish Sharma - Director
The latest financial statements of Welcare Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Welcare Services is 27AAACW2209A1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Welcare Services is U91100MH1999PTC120908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welcare Services has 1 court case on record: 1 filed against it.
Welcare Services was incorporated on 21 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Geigy Himatrai Sharma ceased to be Director on 18 Apr 2019. Niru Geigy Sharma was appointed as Director on 12 Mar 2018. Ashish Sharma was appointed as Director on 21 Jul 1999.
The registered office of Welcare Services is at 2 Vishwashanti Apartments7 Bunglows Versova Andheri West, Mumbai, Maharashtra, India – 400061.
Welcare Services operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
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