About Welfia Solutions Private Limited
Data last updated:
Welfia Solutions Private Limited was a private limited company based in Banswara, Rajasthan, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 18 February 2013.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U52190RJ2013PTC041525. Its GSTIN is 08AABCW3606N1Z2 (Rajasthan).
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹37.5 Lakh. It was led by directors Vishamber Agrawal and Tanvi Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Khusalbagh Palace Near Tripura Foundation, Banswara, Rajasthan, India – 327001.
As per the financials filed for FY 2023, the company reported a revenue of ₹24.32 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Lakh (net margin 4.7%) and EBITDA of ₹14.8 Lakh (EBITDA margin 60.9%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 59% over five years.
As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record.
The last known website on record is marbleindian.com.
Company details
Contact details
Welfia Solutions Private Limited's registered office is in Banswara, Rajasthan. Its website is marbleindian.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKhusalbagh Palace Near Tripura Foundation, Banswara, Rajasthan, India – 327001
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Welfia 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
Financials of Welfia Solutions Private Limited
FY 2023 filings availableWelfia Solutions Private Limited reported revenue of ₹24.32 Lakh (down 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over five years, including a 6% fall in the latest year. EBITDA fell 8% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹24.32 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.8 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.13 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Total Liabilities | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.9% | ||||
| Net Profit Margin | 4.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Welfia Solutions Private Limited, buy the company report.
Board of directors of Welfia Solutions Private Limited
Welfia Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishamber Agrawal | Director | 31 Dec 2020 | 5 Years 9 Months | As last reported |
| Tanvi Agarwal Also directs: Welfia Solutions LLP | Director | 31 Dec 2020 | 5 Years 9 Months | As last reported |
Auditor
Welfia Solutions Private Limited is audited by ANJANI RAKESH AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANJANI RAKESH AND ASSOCIATES | FY 2023 | 003967C |
Shareholding
The shareholding of Welfia 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 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Welfia Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2013 | 10447905 | State Bank of Bikaner and Jaipur | ₹1.5 Cr | Satisfied |
To see the full charge records of Welfia Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Welfia 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
No delayed payments to MSME suppliers are on our record for Welfia Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Welfia Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCW3606N1Z2 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Welfia Solutions Private Limited, buy the company report.
Recent activity
Welfia Solutions Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Manish Kumar Sureka ceased to be Director on 01 Mar 2021.
Frequently asked questions
Welfia Solutions has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Welfia Solutions was a private limited company based in Banswara, Rajasthan, India. The company worked in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 18 February 2013 and is registered under CIN U52190RJ2013PTC041525. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Welfia Solutions is U52190RJ2013PTC041525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welfia Solutions had 2 directors:
- Vishamber Agrawal - Director
- Tanvi Agarwal - Director
Welfia Solutions was incorporated on 18 February 2013. It is registered with the Registrar of Companies, Jaipur.
Welfia Solutions can be reached through the website marbleindian.com. Its registered office is in Banswara, Rajasthan, India.
The registered office of Welfia Solutions is at Khusalbagh Palace Near Tripura Foundation, Banswara, Rajasthan, India – 327001.
The latest financial statements of Welfia Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Welfia Solutions is 08AABCW3606N1Z2, registered in Rajasthan.
Welfia Solutions operated in the information technology industry, in the electronic components and equipment manufacturing segment.