About Wellit India Private Limited
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Wellit India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 31 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC315430. Its GSTIN is 07AABCW9796K1ZF (Delhi).
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Keshav Rathi and Ashutosh Kalani.
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. 27 Block – 7 3rd Floor Kirti Nagar Industrial Area, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.53 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹7.01 Lakh (net margin 0.5%) and EBITDA of ₹55.76 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹3.58 Cr on record. Court records list 16 cases involving the company, including 8 filed by the company and 8 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wellitled.com.
Company details
Contact details
Wellit India Private Limited's registered office is in New Delhi, Delhi. Its website is wellitled.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 27 Block – 7 3rd Floor Kirti Nagar Industrial Area, New Delhi, Delhi, India – 110015
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Wellit India 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 Wellit India 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 Wellit India Private Limited, buy the company report.
Financials of Wellit India Private Limited
FY 2024 filings availableWellit India Private Limited reported revenue of ₹14.53 Cr (up 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 32% growth in the latest year. EBITDA rose 53% 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 |
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| EBITDA | ₹55.76 Lakh | ||||
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| Net Profit (PAT) | ₹7.01 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Wellit India Private Limited, buy the company report.
Board of directors of Wellit India Private Limited
Wellit India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Keshav Rathi | Director | 08 Aug 2023 | 3 Years 2 Months | Current |
| Ashutosh Kalani Also directs: Zylos Technologies Private Limited | Director | 31 Mar 2017 | 9 Years 6 Months | Current |
| Parmil Kumar Kalani Also directs: Zylos Technologies Private Limited | Director | 31 Mar 2017 | 9 Years 6 Months | Current |
Peer comparison
Wellit India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| E India Electricals Private Limited | ₹14.56 Cr (FY 2024) | -72.0% | New Delhi, Delhi, India | |||
| KMGS Road Signs Private Limited | ₹14.56 Cr (FY 2024) | -20.0% | New Delhi, Delhi, India | |||
| Omec Cable Industries Private Limited | ₹14.54 Cr (FY 2025) | -16.0% | Chennai, Tamil Nadu, India | |||
| Mini Electronic Industries Pvt Ltd | ₹14.54 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Shrikant Enterprises Private Limited | ₹14.54 Cr (FY 2025) | 12.0% | Nashik, Maharashtra, India | |||
| Wellit India Private Limitedthis company | ₹14.53 Cr (FY 2024) | ₹7.01 Lakh | 0.5% | 32.0% | New Delhi, Delhi, India | |
| Pme Power Solutions (India) Limited | ₹14.53 Cr (FY 2024) | -44.0% | New Delhi, Delhi, India | |||
| Bondada E&E Private Limited | ₹14.52 Cr (FY 2024) | Secunderabad, Telangana, India | ||||
| Refcon Technologies and Systems Private Limited | ₹14.52 Cr (FY 2024) | 24.0% | Ahmedabad, Gujarat, India | |||
| Hans Modern Agriseeds Private Limited | ₹14.52 Cr (FY 2024) | 38.0% | Karnal, Haryana, India | |||
| Metrolab Engineering Private Limited | ₹14.52 Cr (FY 2023) | 37.0% | Pune, Maharashtra, India |
To see the full peer comparison of Wellit India Private Limited, buy the company report.
Auditor
Wellit India Private Limited is audited by SUMEET GUPTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUMEET GUPTA & ASSOCIATES | FY 2023 | 016452N |
Shareholding
The shareholding of Wellit India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Wellit India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2022 | 100545389 | Hdfc Bank Limited | ₹15.06 Lakh | Open | |
| 16 Dec 2019 | 100309296 | Hdfc Bank Limited | ₹3.43 Cr | Open |
To see the full charge records of Wellit India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Wellit India Private Limited has 16 court cases on record: 8 filed by Wellit India, 8 filed against it. 4 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 5 | 1 |
| High courts | 3 | 3 | 3 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by individuals | Pending |
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by individuals | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by individuals | Pending |
| District court, Fazilka, Punjab | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Wellit India 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 Wellit India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wellit India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCW9796K1ZF | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wellit India Private Limited, buy the company report.
Recent activity
Wellit India Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Keshav . Rathi ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Wellit India is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 31 March 2017 (9+ years old) and is registered under CIN U74999DL2017PTC315430.
Wellit India has 3 current directors:
- Keshav Rathi - Director
- Ashutosh Kalani - Director
- Parmil Kumar Kalani - Director
The latest financial statements of Wellit India 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 2017 are in the company report.
The GSTIN of Wellit India is 07AABCW9796K1ZF, registered in Delhi.
The CIN (Corporate Identification Number) of Wellit India is U74999DL2017PTC315430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wellit India has 16 court cases on record: 8 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Wellit India was incorporated on 31 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Wellit India by revenue are E India Electricals Private Limited, KMGS Road Signs Private Limited, Omec Cable Industries Private Limited, Mini Electronic Industries Pvt Ltd, Shrikant Enterprises Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Keshav . Rathi ceased to be Additional Director on 29 Sep 2023. Keshav Rathi was appointed as Director on 08 Aug 2023. Ashutosh Kalani was appointed as Director on 31 Mar 2017. Wellit India has 4 board changes on record in total.
Wellit India can be reached through the website wellitled.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Wellit India is at Plot No. 27 Block – 7 3rd Floor Kirti Nagar Industrial Area, New Delhi, Delhi, India – 110015.