About Wellnet Services Private Limited
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Wellnet Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 20 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC080462. Its GSTIN is 29AABCW6546R1ZD (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Narayan Sridhar Prasad and Suresh Tyagadabaagi Murthy Niranjana.
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 No.1 Sri Prem Prasad Complex 1st Floor New Bel Road Rmv Extension, Bangalore, Karnataka, India – 560094.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.65 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹31.3 Lakh (net margin 4.1%) and EBITDA of ₹52.68 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wellnetservices.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.1 Sri Prem Prasad Complex 1st Floor New Bel Road Rmv Extension, Bangalore, Karnataka, India – 560094
- IndustryAgriculture, Agro Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Wellnet Services Private Limited
The main business activity of Wellnet Services is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Wellnet Services Private Limited FY 2025 filings available
Wellnet Services Private Limited reported revenue of ₹7.65 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Wellnet Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 9% growth in the latest year. EBITDA fell 19% 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 of Wellnet Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹52.68 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.3 Lakh | •••• | •••• | •••• | •••• |
| 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 of Wellnet Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Wellnet Services are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Wellnet Services Private Limited
Wellnet Services Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devadhiya Farmer Producer Company Limited | ₹7.71 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Buxar, Bihar, India |
| Jairamdass Khushiram Impex Pvt Ltd | ₹7.69 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Navi Mumbai, Maharashtra, India |
| Rajakush Farmers Producer Company Limited | ₹7.69 Cr (FY 2024) | •••• | •••• | 1754.0% | •••• | Nashik, Maharashtra, India |
| Sri Arumuga Enterprise Limited | ₹7.68 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Coimbatore, Tamil Nadu, India |
| Tau Agro Tech Private Limited | ₹7.67 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Punjab, India |
| Wellnet Services Private Limited this company | ₹7.65 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Dharmashakti Kisan Agro Producer Company Limited | ₹7.63 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Jhalawar, Rajasthan, India |
| Vikash Agri and Industries Private Limited | ₹7.63 Cr (FY 2024) | •••• | •••• | 750.0% | •••• | Nawada, Bihar, India |
| Sellandiamman Agro Pure Private Limited | ₹7.62 Cr (FY 2025) | •••• | •••• | 437.0% | •••• | Chennai, Tamil Nadu, India |
| Stone Polymers Private Limited | ₹7.62 Cr (FY 2017) | •••• | •••• | 155.0% | •••• | Mumbai, Maharashtra, India |
| Welcome Super Tea Processing Private Limited | ₹7.6 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Mehsana, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Wellnet Services by revenue in the Agriculture industry (Agro Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Wellnet Services Private Limited
Wellnet Services Private Limited is audited by R V S & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R V S & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Wellnet Services Private Limited
Wellnet Services has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayan Sridhar Prasad Also directs: Buena Logica Technologies Private Limited | Director | 20 May 2015 | 11 Years 4 Months | Current |
| Suresh Tyagadabaagi Murthy Niranjana | Director | 20 May 2015 | 11 Years 4 Months | Current |
| Deepankar Das | Director | 27 Nov 2020 | 5 Years 10 Months | Current |
| Swetha Prasad | Director | 27 Nov 2020 | 5 Years 10 Months | Current |
Ownership and Shareholding of Wellnet Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Wellnet Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2021 | Axis Bank Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Wellnet Services Private Limited
Employment history and EPFO contributions of people linked to Wellnet Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Wellnet Services Private Limited
Wellnet Services Private Limited has 7 board changes on record since 2015: 4 appointments and 3 cessations. The latest: Deepankar Das ceased to be Additional Director on 27 Sep 2021.
Credit Ratings, Litigation & Regulatory Alerts for Wellnet Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Wellnet Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Wellnet Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Wellnet Services Private Limited
Wellnet Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCW6546R1ZD | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Wellnet Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Wellnet Services Private Limited
Wellnet Services is an active private limited company based in Bangalore, Karnataka, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 20 May 2015 (11+ years old) and is registered under CIN U74900KA2015PTC080462.
Wellnet Services reported revenue of ₹7.65 Cr for FY 2024 (up 9% YoY).
Wellnet Services has 4 current directors:
- Narayan Sridhar Prasad - Director
- Suresh Tyagadabaagi Murthy Niranjana - Director
- Deepankar Das - Director
- Swetha Prasad - Director
Wellnet Services reported a net profit of ₹31.3 Lakh (net margin 4.1%) and EBITDA of ₹52.68 Lakh (EBITDA margin 6.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wellnet Services is 13% over three years and 23% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wellnet Services is 29AABCW6546R1ZD, registered in Karnataka. 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 Wellnet Services is U74900KA2015PTC080462. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wellnet Services was incorporated on 20 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Wellnet Services by revenue are Devadhiya Farmer Producer Company Limited, Jairamdass Khushiram Impex Pvt Ltd, Rajakush Farmers Producer Company Limited, Sri Arumuga Enterprise Limited, Tau Agro Tech Private Limited and 5 more, all in the Agriculture industry (Agro Retail and Distribution).
Deepankar Das ceased to be Additional Director on 27 Sep 2021. Swetha Prasad ceased to be Additional Director on 27 Sep 2021. Deepankar Das was appointed as Director on 27 Nov 2020. Wellnet Services has 7 board changes on record in total.
Wellnet Services can be reached through the website wellnetservices.com. Its registered office is in Bangalore, Karnataka, India.