Welloff Business Initiatives Private Limited - Company Profile

It is a business services private limited company based in Mumbai, Maharashtra, India, established in 2016.

2016 Mumbai, Maharashtra, India Active

Last Updated: February 24, 2026

About Welloff Business Initiatives Private Limited

Welloff Business Initiatives Private Limited, a active private limited company, was established on 31 August 2016 in Mumbai, Maharashtra, India. Engaging in other services within the business services sector, it holds CIN: U74999MH2016PTC285406. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.

It upholds a active non-compliant status. Its leadership includes Thoppilakam Nishaludheen Paramba (Director), Samsuddin Poyil Neerkatti (Director). Past directors included Pilakkal Azeez Anfal. It is based at Room No 3, Third Floor, Futnani Ch 86/88 Dontad Street, Opposite Zakaria Ma, Sjith, Mumbai, Maharashtra, 400009.

Company Details

CIN/LLPIN
U74999MH2016PTC285406
Registration Number
285406
Incorporation Date
31 August 2016
Authorized Capital
₹1.00 M
Paid-Up Capital
₹1.00 M
ROC Code
Roc Mumbai I
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 M as on 24-02-2026
Paid Up Capital ₹ 1.00 M as on 24-02-2026
Company Age 9 Year, 6 Months

Comprehensive Company Insights

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Who are the key members and board of directors at Welloff Business Initiatives Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Thoppilakam Nishaludheen Paramba	Director	31 Aug 2016	Current
Samsuddin Poyil Neerkatti	Director	10 Jul 2017	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	25 Jun 2017	Past

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Financial Performance of Welloff Business Initiatives.

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Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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YOY Growth

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Total Revenue

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EBITDA

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What is the Ownership and Shareholding Structure of Welloff Business Initiatives?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Welloff Business Initiatives?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Welloff Business Initiatives

Recent Activity within the Organization

Director Appointment

Progress on Samsuddin Poyil Neerkatti was appointed as a Director was appointed as a Director on 10 Jul 2017 & has been associated with this company since 8 years 8 months . was documented.
10 Jul 2017
Director Appointment

Progress on Thoppilakam Nishaludheen Paramba was appointed as a Director was appointed as a Director on 31 Aug 2016 & has been associated with this company since 9 years 6 months . was documented.
31 Aug 2016
Company Incorporation

The activity Welloff Business Initiatives Private Limited was registered on 31 Aug 2016 with Roc Mumbai I & aged 9 years 6 months as per MCA records. was completed.
31 Aug 2016

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Frequently Asked Questions

What is the CIN of Welloff Business Initiatives Private Limited?

The CIN of Welloff Business Initiatives Private Limited is U74999MH2016PTC285406.

Where is Welloff Business Initiatives Private Limited headquartered?

Welloff Business Initiatives Private Limited is headquartered at Room No 3, Third Floor, Futnani Ch 86/88 Dontad Street, Opposite Zakaria Ma, Sjith, Mumbai, Maharashtra, 400009.

When was Welloff Business Initiatives Private Limited incorporated?

Welloff Business Initiatives Private Limited was incorporated on 31 August 2016.

Who are the current directors of Welloff Business Initiatives Private Limited?

The current directors of Welloff Business Initiatives Private Limited are

What is the primary industry of Welloff Business Initiatives Private Limited?

The primary industry of Welloff Business Initiatives Private Limited is Business Services.

Is Welloff Business Initiatives Private Limited a listed company?

Welloff Business Initiatives Private Limited is unlisted.

What is the capital structure of Welloff Business Initiatives Private Limited?

The authorized capital of Welloff Business Initiatives Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.

What is the compliance status of Welloff Business Initiatives Private Limited?

The compliance status of Welloff Business Initiatives Private Limited is Active Non-Compliant.

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