MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-MH-27-0011616
Wellmax Oilfield Technologies Private Limited - energy and power in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹55,800
▼ 90% YoY
Net loss · FY 2022
₹6.67 Lakh
Latest filing
EBITDA · FY 2022
-₹3.36 Lakh
Latest filing
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
4
As per MCA filings
Active GSTINs
1
of 2 registered
About Wellmax Oilfield Technologies Private Limited
Data last updated:
Wellmax Oilfield Technologies Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the oil and gas marketing services segment of the energy and power sector. It was incorporated on 12 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2016PTC273099. Its GSTIN is 27AABCW7742D1ZA (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Ravi Kiran Kumar Ganti and Boopathi Rajan Sonaimuthu Pillai.
Its last annual general meeting (AGM) was held on 27 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Office No 804 8th Floor Ellora Fiesta Plot No 08 Sector 11 Sanpada, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2022, the company reported a revenue of ₹55,800, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹6.67 Lakh and EBITDA of -₹3.36 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 76% over three years and 43% over five years.
The company is associated with 1 brand: WellMax.
Wellmax Oilfield Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0011616). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wellmaxot.com.
Company details
CIN U74900MH2016PTC273099
Registration Number 273099
Incorporation Date 12 February 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-27-0011616
Key People
Ravi Kiran Kumar Ganti Director Surekha Ganti Additional Director Boopathi Rajan Sonaimuthu Pillai Director Recognitions & Rankings of Wellmax Oilfield Technologies
Contact details
Wellmax Oilfield Technologies Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is wellmaxot.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No 804 8th Floor Ellora Fiesta Plot No 08 Sector 11 Sanpada, Navi Mumbai, Maharashtra, India – 400705
- IndustryEnergy and Power, Oil & Gas Marketing Services
To see the full contact details of Wellmax Oilfield Technologies Private Limited, buy the company report.
Comprehensive company report
Wellmax Oilfield Technologies Private Limited - one report that includes everything
- 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
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Brands
Wellmax Oilfield Technologies operates one associated brand: WellMax. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Oilfield services encompassing well intervention and testing in India. | wellmaxot.com |
Business activity
The main business activity of Wellmax Oilfield Technologies is mining and quarrying. In detail, this covers mining support services activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B5 | Mining Support Services activities |
To see the full business activity and turnover split of Wellmax Oilfield Technologies Private Limited, buy the company report.
Financials of Wellmax Oilfield Technologies Private Limited
FY 2022 filings availableWellmax Oilfield Technologies Private Limited reported revenue of ₹55,800 (down 90% YoY) for FY 2022.
Revenue · FY 2022
₹55,800 ▼ 90%
Net loss · FY 2022
₹6.67 Lakh
EBITDA · FY 2022
-₹3.36 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 90%
3 years · compounded
▼ 76%
5 years · compounded
▼ 43%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 36%
5 years · compounded
▲ 29%
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 90% fall in the latest year. EBITDA rose 6% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹55,800 | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.36 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.67 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
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| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Wellmax Oilfield Technologies Private Limited, buy the company report.
Board of directors of Wellmax Oilfield Technologies Private Limited
Wellmax Oilfield Technologies has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kiran Kumar Ganti Also directs: Rann Acres Private Limited | Director | 12 Feb 2016 | 10 Years 8 Months | Current |
| Surekha Ganti | Additional Director | 16 Jun 2022 | 4 Years 4 Months | Current |
| Boopathi Rajan Sonaimuthu Pillai Also directs: Sparc Oilfield Services Private Limited | Director | 12 Feb 2016 | 10 Years 8 Months | Current |
| Devashis Nagen Thakur | Additional Director | 06 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Wellmax Oilfield Technologies Private Limited is audited by ABHIJIT SHAHA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHIJIT SHAHA & CO | FY 2020 | 129744W |
Shareholding
The shareholding of Wellmax Oilfield Technologies Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Wellmax Oilfield Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wellmax Oilfield Technologies 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 Wellmax Oilfield Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wellmax Oilfield Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCW7742D1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Wellmax Oilfield Technologies Private Limited, buy the company report.
Recent activity
Wellmax Oilfield Technologies Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Surekha Ganti was appointed as Additional Director on 16 Jun 2022.
AGM
Wellmax Oilfield Technologies Private Limited last Annual general meeting of members was held on 27 Sep 2022 as per latest MCA records.
Appointed
Surekha Ganti was appointed as Additional Director.
Filing
Wellmax Oilfield Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai Ii.
Ceased
Mohammed Salim Ansari ceased to be Additional Director.
Appointed
Devashis Nagen Thakur was appointed as Additional Director.
Appointed
Boopathi Rajan Sonaimuthu Pillai was appointed as Director.
Appointed
Ravi Kiran Kumar Ganti was appointed as Director.
Incorporation
12 Feb 2016
Wellmax Oilfield Technologies Private Limited was registered on 12 Feb 2016 with Roc Mumbai Ii & aged 10 years 8 months as per MCA records.
Frequently asked questions
Wellmax Oilfield Technologies is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in oil and gas marketing services, within the energy and power industry. It was incorporated on 12 February 2016 (10+ years old) and is registered under CIN U74900MH2016PTC273099.
Wellmax Oilfield Technologies has 4 current directors:
- Ravi Kiran Kumar Ganti - Director
- Surekha Ganti - Additional Director
- Boopathi Rajan Sonaimuthu Pillai - Director
- Devashis Nagen Thakur - Additional Director
The latest financial statements of Wellmax Oilfield Technologies on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 27 September 2022. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Wellmax Oilfield Technologies is 27AABCW7742D1ZA, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Wellmax Oilfield Technologies is U74900MH2016PTC273099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wellmax Oilfield Technologies was incorporated on 12 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Surekha Ganti was appointed as Additional Director on 16 Jun 2022. Mohammed Salim Ansari ceased to be Additional Director on 26 Aug 2018. Devashis Nagen Thakur was appointed as Additional Director on 06 Jun 2016. Wellmax Oilfield Technologies has 5 board changes on record in total.
Yes, Wellmax Oilfield Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-27-0011616).
Wellmax Oilfield Technologies can be reached through the website wellmaxot.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Wellmax Oilfield Technologies is at Office No 804 8th Floor Ellora Fiesta Plot No 08 Sector 11 Sanpada, Navi Mumbai, Maharashtra, India – 400705.
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