About Wellspring Consumer Private Limited
Data last updated:
Wellspring Consumer Private Limited is a private limited company based in Ranchi, Jharkhand, India, recognised as a startup by DPIIT. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 29 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U15490JH2021PTC016906. Its GSTIN is 20AAICK9264B1ZS (Jharkhand). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹68.81 Lakh and a paid-up capital of ₹56.08 Lakh. It is led by directors Mandeep Singh Bhatia and Neeraj Biyani.
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 The Bay Shop No 3 – G Niwaranpur Doranda, Ranchi, Jharkhand, India – 834001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.09 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5 Cr (net margin -70.6%) and EBITDA of -₹6.36 Cr (EBITDA margin -89.7%).
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: World of Asaya. As per MCA filings, the company has open charges of ₹25.88 Cr and satisfied charges of ₹3 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹128.54 Cr; the latest was in August 2026. Its 10 peer companies in the FMCG industry (Food and Beverages Retail and Distribution, Personal Care and Skin Care) are compared by revenue, 5 larger and 5 smaller; the largest is Anuprabha Dairy Private Limited with revenue of ₹7.11 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website worldofasaya.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressThe Bay Shop No 3 – G Niwaranpur Doranda, Ranchi, Jharkhand, India – 834001
- IndustryFood and Beverages, Food & Beverage 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 Wellspring Consumer Private Limited
The main business activity of Wellspring Consumer 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 Wellspring Consumer Private Limited FY 2025 filings available
Wellspring Consumer Private Limited reported revenue of ₹7.09 Cr (up 675% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Wellspring Consumer Private Limited
Revenue rose 675% in the latest year. EBITDA fell 106% 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 Wellspring Consumer Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹6.36 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5 Cr | •••• | •••• | •••• |
| 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 Wellspring Consumer Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -89.7% | •••• | •••• | •••• |
| Net Profit Margin | -70.6% | •••• | •••• | •••• |
| 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 Wellspring Consumer are in the company report.
Financial statements from FY 2022
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 Wellspring Consumer Private Limited
Wellspring Consumer Private Limited is compared with the companies closest to it by revenue in the FMCG industry (Food and Beverages Retail and Distribution, Personal Care and Skin Care). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anuprabha Dairy Private Limited | ₹7.11 Cr (FY 2025) | •••• | •••• | 1136.0% | •••• | Rahata, Maharashtra, India |
| Oxy Line Beverages Private Limited | ₹7.1 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Gwalior, Madhya Pradesh, India |
| VS Mani Private Limited | ₹7.1 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Bengaluru, Karnataka, India |
| Bigbluesky Private Limited | ₹7.1 Cr (FY 2025) | •••• | •••• | 1079.0% | •••• | Delhi, India |
| Divya Retail India Private Limited | ₹7.09 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Wellspring Consumer Private Limited this company | ₹7.09 Cr (FY 2025) | •••• | •••• | 675.0% | •••• | Ranchi, Jharkhand, India |
| Kamakhyakamrup Industries Private Limited | ₹7.08 Cr (FY 2024) | •••• | •••• | -72.0% | •••• | Ranchi, Jharkhand, India |
| Stitchcare Controls Private Limited | ₹7.08 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | Surat, Gujarat, India |
| Krishnan Dairy Private Limited | ₹7.08 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | New Delhi, Delhi, India |
| Pkapa Dry Fruits & Spices Industries Private Limited | ₹7.08 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Secure Media & Entertainment Consultancy Management Private Limited | ₹7.07 Cr (FY 2025) | •••• | •••• | -85.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Wellspring Consumer by revenue in the FMCG industry (Food and Beverages Retail and Distribution, Personal Care and Skin Care), 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 Wellspring Consumer Private Limited
Wellspring Consumer Private Limited is audited by SUSHIL KUMAR SHARMA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUSHIL KUMAR SHARMA & 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 Wellspring Consumer Private Limited
Wellspring Consumer has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandeep Singh Bhatia | Director | 08 Dec 2023 | 2 Years 10 Months | Current |
| Neeraj Biyani | Director | 29 Jul 2021 | 5 Years 2 Months | Current |
Ownership and Shareholding of Wellspring Consumer 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 Wellspring Consumer Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2025 | Hdfc Bank Limited | ₹20.55 Cr | Open |
| 29 Jul 2025 | Hdfc Bank Limited | ₹5.33 Cr | Open |
| 01 Jun 2023 | Others | ₹3 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Wellspring Consumer Private Limited
Wellspring Consumer Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹128.54 Cr; the latest was in August 2026.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Funding round · Pre-Series A | ₹28 Cr | Investors: RPSG Capital Ventures, Huddle Ventures, 2 individuals |
| Jun 2024 | Funding round · Seed | ₹12.54 Cr | Investors: Sadev Ventures (Eternal Capital), OTP Ventures, Huddle Ventures |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Wellspring Consumer Private Limited
Wellspring Consumer Private Limited has 1 court case on record: 1 filed by Wellspring Consumer. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Wellspring Consumer Private Limited
Wellspring Consumer operates one associated brand: World of Asaya. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Skincare products tailored for darker skin tones are offered online. | worldofasaya.com |
Employees and EPFO Compliance at Wellspring Consumer Private Limited
Wellspring Consumer Private Limited has a workforce of 7 employees as of Mar 27, 2024.
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 Wellspring Consumer Private Limited
Wellspring Consumer Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Mandeep Singh Bhatia ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Wellspring Consumer 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 Wellspring Consumer 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 Wellspring Consumer 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 Wellspring Consumer Private Limited
Wellspring Consumer has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAICK9264B1ZS | Jharkhand | Active | 18 Apr 2022 |
| 29AAICK9264B1ZA | Karnataka | Active | 14 Mar 2023 |
| 06AAICK9264B1ZI | Haryana | Active | 09 Jun 2023 |
| 19AAICK9264B1ZB | West Bengal | Active | 29 Jun 2024 |
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 Wellspring Consumer 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 Wellspring Consumer Private Limited
Wellspring Consumer is an active private limited company based in Ranchi, Jharkhand, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 29 July 2021 (5+ years old) and is registered under CIN U15490JH2021PTC016906.
Wellspring Consumer reported revenue of ₹7.09 Cr for FY 2025 (up 675% YoY).
Wellspring Consumer has 2 current directors:
- Mandeep Singh Bhatia - Director
- Neeraj Biyani - Director
Wellspring Consumer reported a net loss of ₹5 Cr (net margin -70.6%) and EBITDA of -₹6.36 Cr (EBITDA margin -89.7%) for FY 2025, as per its filed financial statements.
The GSTIN of Wellspring Consumer is 20AAICK9264B1ZS, registered in Jharkhand. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 29AAICK9264B1ZA (Karnataka), 06AAICK9264B1ZI (Haryana), 19AAICK9264B1ZB (West Bengal).
The CIN (Corporate Identification Number) of Wellspring Consumer is U15490JH2021PTC016906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wellspring Consumer has 1 court case on record: 1 filed by the company. 1 is pending.
Wellspring Consumer was incorporated on 29 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ranchi.
Wellspring Consumer has 3 deals on record (3 funding rounds), with disclosed funding of ₹128.54 Cr; the latest was in August 2026.
The peers of Wellspring Consumer by revenue are Anuprabha Dairy Private Limited, Oxy Line Beverages Private Limited, VS Mani Private Limited, Bigbluesky Private Limited, Divya Retail India Private Limited and 5 more, all in the FMCG industry (Food and Beverages Retail and Distribution, Personal Care and Skin Care).
Mandeep Singh Bhatia ceased to be Additional Director on 29 Sep 2024. Vikash Kumar Singhal ceased to be Director on 10 Dec 2023. Mandeep Singh Bhatia was appointed as Director on 08 Dec 2023. Wellspring Consumer has 4 board changes on record in total.