Wellth Solutions Private Limited

Wellth Solutions Private Limited - musical instruments in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U73200KA2012PTC062111 Incorporated 17 January 2012 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company musical instruments MSME · Micro
Data last updated
Revenue · FY 2024
₹1.01 Lakh
▼ 100.00% YoY
Net loss · FY 2024
₹14,232
Net margin -14%
EBITDA · FY 2024
-₹10,671
EBITDA margin -10.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.49 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Wellth Solutions Private Limited

Data last updated:

Wellth Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the sports goods segment of the musical instruments sector. It was incorporated on 17 January 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U73200KA2012PTC062111. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.49 Lakh. It is led by directors Anjana Srikanth and Vangeepuram Vangeepuram Canchi.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at # 576 6th Cross 8th Main H.A.L 3rd Stage Jeevan Bhima Nagar, Bangalore, Karnataka, India – 560075.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.01 Lakh. For the same year it recorded a net loss of ₹14,232 (net margin -14%) and EBITDA of -₹10,671 (EBITDA margin -10.5%). Revenue has grown at a compounded annual rate (CAGR) of 165% over three years and 37% over five years.

The company is associated with 1 brand: Wellth Solutions. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹10,000; the latest was in March 2021.

Wellth Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0271547). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wellth.in.

Company details

CIN U73200KA2012PTC062111
Registration Number 062111
Incorporation Date 17 January 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0271547

Recognitions & Rankings of Wellth Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0271547

Contact details

Wellth Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is wellth.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    # 576 6th Cross 8th Main H.A.L 3rd Stage Jeevan Bhima Nagar, Bangalore, Karnataka, India – 560075
  • Industry
    Musical Instruments, Sports Goods, Jewellery, Musical Instrument, Manufacturing

To see the full contact details of Wellth Solutions Private Limited, buy the company report.

Comprehensive company report
Wellth Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Wellth Solutions operates one associated brand: Wellth Solutions. Each brand links to its own profile.

BrandDescriptionWebsite
Provides IoT health stations for preventive care, wellness programs, and corporate health initiatives.wellth.in

Financials of Wellth Solutions Private Limited

FY 2024 filings available

Wellth Solutions Private Limited reported revenue of ₹1.01 Lakh for FY 2024.

Revenue · FY 2024
₹1.01 Lakh
Net loss · FY 2024
₹14,232 margin -14%
EBITDA · FY 2024
-₹10,671 margin -10.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 165%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▲ 98%
3 years · compounded
▲ 76%
5 years · compounded
▲ 43%

Revenue has grown at a compounded annual rate (CAGR) of 37% over five years. EBITDA rose 98% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹10,671
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹14,232
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-10.5%
Net Profit Margin-14%
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 Wellth Solutions Private Limited, buy the company report.

Board of directors of Wellth Solutions Private Limited

Wellth Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anjana SrikanthDirector17 Jan 201214 Years 9 MonthsCurrent
Vangeepuram Vangeepuram CanchiDirector23 Feb 20233 Years 8 MonthsCurrent

Auditor

Wellth Solutions Private Limited is audited by T RAMACHANDRAN & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
T RAMACHANDRAN & COFY 2023009009S

Shareholding

The shareholding of Wellth Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Wellth Solutions Private Limited, buy the company report.

Deals & funding

Wellth Solutions Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹10,000; the latest was in March 2021.

Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹10,000

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2021Funding round₹10,000Investors: an individual
Sep 2020Secondary share transferUndisclosedBuyer: 4 individuals
Seller: an individual
Sep 2020Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Wellth Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Wellth Solutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Wellth Solutions Private Limited, buy the company report.

Recent activity

Wellth Solutions Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Vangeepuram Vangeepuram Canchi was appointed as Director on 23 Feb 2023.

AGM
Wellth Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Wellth Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Vangeepuram Vangeepuram Canchi was appointed as Director.
Ceased
Narasimhan Ramshankar ceased to be Additional Director.
Ceased
Yagneshwar Sreekanth Melanathuru ceased to be Director.
Ceased
Banduvula Anupama ceased to be Additional Director.
Ceased
Vangeepuram Vangeepuram Canchi ceased to be Director.
Appointed
Anjana Srikanth was appointed as Director.
Incorporation
17 Jan 2012
Wellth Solutions Private Limited was registered on 17 Jan 2012 with Roc Bangalore & aged 14 years 9 months as per MCA records.

Frequently asked questions

Wellth Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in sports goods, within the musical instruments industry. It was incorporated on 17 January 2012 (14+ years old) and is registered under CIN U73200KA2012PTC062111.

Wellth Solutions has 2 current directors:

The latest financial statements of Wellth Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

No. Wellth Solutions has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Wellth Solutions is U73200KA2012PTC062111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Wellth Solutions was incorporated on 17 January 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.

Wellth Solutions has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹10,000; the latest was in March 2021.

Vangeepuram Vangeepuram Canchi was appointed as Director on 23 Feb 2023. Narasimhan Ramshankar ceased to be Additional Director on 30 Dec 2020. Yagneshwar Sreekanth Melanathuru ceased to be Director on 02 Sep 2020. Wellth Solutions has 6 board changes on record in total.

Yes, Wellth Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0271547).

Wellth Solutions can be reached through the website wellth.in. Its registered office is in Bangalore, Karnataka, India.