About Wellnest India Projects Private Limited
Data last updated:
Wellnest India Projects Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93000KA2009PTC051395. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹66.33 Lakh. It was formerly known as Wellnest India Projects Limited and Core Nest Realty Private Limited. It is led by directors Siddaiah Purushotham and Arvind Kotikere Paramshwar.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Property No. 4/1 Hotel Tribhuvan 4th Floor 5th Main Gandhinagar, Bangalore, Karnataka, India – 560009.
As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹45 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is 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 wellnestindia.com.
Company details
Name history
Wellnest India Projects has undergone 4 name changes throughout its history. The current legal name is Wellnest India Projects Private Limited.
| Company Name | Status |
|---|---|
| Wellnest India Projects Private Limited | Current |
| Wellnest India Projects Limited | Previous |
| Core Nest Realty Private Limited | Previous |
| Fitness And Lifespace Projects Limited. | Previous |
| Core Nest Holdings Private Limited | Previous |
CIN history
Wellnest India Projects has one previous CIN (Corporate Identification Number): U93000KA2009PLC051395. The current CIN is U93000KA2009PTC051395, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93000KA2009PTC051395 | Current |
| U93000KA2009PLC051395 | Previous |
Contact details
Wellnest India Projects Private Limited's registered office is in Bangalore, Karnataka. Its website is wellnestindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressProperty No. 4/1 Hotel Tribhuvan 4th Floor 5th Main Gandhinagar, Bangalore, Karnataka, India – 560009
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Wellnest India Projects 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 Wellnest India Projects Private Limited
FY 2018 filings availableFinancial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ||||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ||||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 | ||||
To see the full financial statements and ratios of Wellnest India Projects Private Limited, buy the company report.
Board of directors of Wellnest India Projects Private Limited
Wellnest India Projects has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddaiah Purushotham | Additional Director | 18 Nov 2019 | 6 Years 11 Months | Current |
| Arvind Kotikere Paramshwar | Additional Director | 05 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Wellnest India Projects Private Limited is audited by T SRIRAM MEHTA & TADIMALLA for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T SRIRAM MEHTA & TADIMALLA | FY 2018 | 004064S |
Shareholding
The shareholding of Wellnest India Projects Private Limited is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Wellnest India Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2014 | 10523634 | Edelweiss Finance & Investments Limited | ₹20 Cr | Open | |
| 25 Sep 2014 | 10523435 | Edelweiss Housing Finance Limited | ₹15 Cr | Satisfied | |
| 02 Jan 2013 | 10406963 | Housing Development Finance Corporation Limited | ₹30 Cr | Satisfied |
To see the full charge records of Wellnest India Projects Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Wellnest India Projects Private Limited has 4 court cases on record: 2 filed by Wellnest India Projects, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, CHIKKABALLAPUR, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Additional/Joint/Deputy/Assistant Commissioner of Income Tax and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Wellnest India Projects 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 Wellnest India Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Wellnest India Projects has 2 associated companies. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
Employees & EPFO
Wellnest India Projects Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Wellnest India Projects has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Wellnest India Projects Private Limited, buy the company report.
Recent activity
Wellnest India Projects Private Limited has 12 board changes on record since 2011: 2 appointments and 10 cessations. The latest: Anand Suresh Kumar ceased to be Additional Director on 09 Aug 2021.
8 earlier events are in the company report.
Frequently asked questions
Wellnest India Projects is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 November 2009 (17+ years old) and is registered under CIN U93000KA2009PTC051395.
Wellnest India Projects has 2 current directors:
- Siddaiah Purushotham - Additional Director
- Arvind Kotikere Paramshwar - Additional Director
The latest financial statements of Wellnest India Projects on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Wellnest India Projects has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Wellnest India Projects is U93000KA2009PTC051395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wellnest India Projects has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Wellnest India Projects was incorporated on 06 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Anand Suresh Kumar ceased to be Additional Director on 09 Aug 2021. Arvind Kotikere Paramshwar was appointed as Additional Director on 05 Aug 2021. Chandrashekar Varada Raju ceased to be Managing Director on 03 Dec 2020. Wellnest India Projects has 12 board changes on record in total.
Wellnest India Projects can be reached through the website wellnestindia.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Wellnest India Projects is at Property No. 41 Hotel Tribhuvan 4th Floor 5th Main Gandhinagar, Bangalore, Karnataka, India – 560009.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
