
About Welnex Bio Private Limited
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Welnex Bio Private Limited is a private limited company based in Panchkula, Haryana, India, recognised as a startup by DPIIT. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 28 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24290HR2020PTC085658. Its GSTIN is 06AACCW6218K1Z5 (Haryana). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Ram Mahajan and Ashish Verma.
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 Industrial Plot No 151 Phase – 1 Industrial Area, Panchkula, Haryana, India – 134109.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.42 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹16.57 Lakh (net margin -4.8%) and EBITDA of -₹12.05 Lakh (EBITDA margin -3.5%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.
As per MCA filings, the company has open charges of ₹1.1 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 3 cases are pending.
Welnex Bio Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-13-0015887). For more details, the company can be reached via its website welnexbio.business.site.
Company details
Recognitions & Rankings of Welnex Bio
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-13-0015887
Contact details
Welnex Bio Private Limited's registered office is in Panchkula, Haryana.
- Registered AddressIndustrial Plot No 151 Phase – 1 Industrial Area, Panchkula, Haryana, India – 134109
- IndustryPharma, Drug Formulation & Development
- 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
Business activity
The main business activity of Welnex Bio is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Welnex Bio Private Limited, buy the company report.
Financials of Welnex Bio Private Limited
FY 2025 filings availableWelnex Bio Private Limited reported revenue of ₹3.42 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over three years, including a 20% fall in the latest year. EBITDA fell 213% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹12.05 Lakh | ||||
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| Net Profit (PAT) | -₹16.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -3.5% | ||||
| Net Profit Margin | -4.8% | ||||
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To see the full financial statements and ratios of Welnex Bio Private Limited, buy the company report.
Board of directors of Welnex Bio Private Limited
Welnex Bio has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Mahajan Also directs: Nimit Print Packs Private Limited, Nedulix Biotech Private Limited, Iretus Biotech Private Limited and 2 more | Director | 28 Feb 2020 | 6 Years 7 Months | Current |
| Ashish Verma | Director | 28 Feb 2020 | 6 Years 7 Months | Current |
| Naveen Chandara Suteri Also directs: Nedulix Biotech Private Limited, Iretus Biotech Private Limited, Medplex Biotech Private Limited and 1 more | Director | 28 Feb 2020 | 6 Years 7 Months | Current |
Peer comparison
Welnex Bio Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neuf Dawn Supply Chain and Services Private Limited | ₹3.42 Cr (FY 2023) | 78.0% | Kanchipuram, Tamil Nadu, India | |||
| S.M.R Steels Private Limited | ₹3.42 Cr (FY 2017) | -15.0% | New Delhi, Delhi, India | |||
| Kaps Vehicle & Spares (India) Private Limited | ₹3.42 Cr (FY 2025) | -15.0% | Thamarassery, Kerala, India | |||
| Yugal Exim Private Limited | ₹3.42 Cr (FY 2016) | Surat, Gujarat, India | ||||
| Aahari Corporate Services Private Limited | ₹3.42 Cr (FY 2024) | 288.0% | Hyderabad, Telangana, India | |||
| Welnex Bio Private Limitedthis company | ₹3.42 Cr (FY 2025) | -₹16.57 Lakh | -4.8% | -20.0% | Panchkula, Haryana, India | |
| Arihantanam Goods Carrier Private Limited | ₹3.42 Cr (FY 2020) | -5.0% | Kalunga, Odisha, India | |||
| Lifeshield Formulations Private Limited | ₹3.42 Cr (FY 2025) | 5.0% | Agra, Uttar Pradesh, India | |||
| Puizer Pharmaceutical (OPC) Private Limited | ₹3.42 Cr (FY 2025) | 157.0% | Jhunjhunu, Rajasthan, India | |||
| Welspun Tradewel Limited | ₹3.42 Cr (FY 2018) | 404.0% | Vapi, Gujarat, India | |||
| Hoe Exim Private Limited | ₹3.42 Cr (FY 2016) | 51.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Welnex Bio Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 2026 | 101218186 | Hdfc Bank Limited | ₹70 Lakh | Open | |
| 31 Jul 2024 | 101017179 | Others | ₹7 Lakh | Open | |
| 22 Jul 2024 | 101004107 | Others | ₹7.96 Lakh | Open | |
| 13 Jul 2023 | 100781298 | Others | ₹25 Lakh | Open |
Total charge records: 4 View all charges
Legal cases
Welnex Bio Private Limited has 3 court cases on record: 2 filed by Welnex Bio, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 3 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against Ms Akal Tech Infralogis Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrant cases SW) | Filed against the company by State of Maharashtra Through Shri Ashok Tukaram Rathod Drugs Inspector | Pending |
To see the full case history of Welnex Bio 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 Welnex Bio Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Welnex Bio has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCW6218K1Z5 | Haryana | Active | 09 Jun 2020 |
| 02AACCW6218K1ZD | Himachal Pradesh | Active | 08 Nov 2020 |
| 05AACCW6218K1Z7 | Uttarakhand | Active | 16 Mar 2021 |
To see the full GST registrations and return filing status of Welnex Bio Private Limited, buy the company report.
Recent activity
Welnex Bio Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Ashish Verma was appointed as Director on 28 Feb 2020.
Frequently asked questions
Welnex Bio is an active private limited company based in Panchkula, Haryana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 28 February 2020 (6+ years old) and is registered under CIN U24290HR2020PTC085658.
Welnex Bio has 3 current directors:
- Ram Mahajan - Director
- Ashish Verma - Director
- Naveen Chandara Suteri - Director
The latest financial statements of Welnex Bio on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Welnex Bio is 06AACCW6218K1Z5, registered in Haryana. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 02AACCW6218K1ZD (Himachal Pradesh), 05AACCW6218K1Z7 (Uttarakhand).
The CIN (Corporate Identification Number) of Welnex Bio is U24290HR2020PTC085658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welnex Bio has 3 court cases on record: 2 filed by the company and 1 filed against it. 3 are pending.
Welnex Bio was incorporated on 28 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Welnex Bio by revenue are Neuf Dawn Supply Chain and Services Private Limited, S.M.R Steels Private Limited, Kaps Vehicle & Spares (India) Private Limited, Yugal Exim Private Limited, Aahari Corporate Services Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Ashish Verma was appointed as Director on 28 Feb 2020. Naveen Chandara Suteri was appointed as Director on 28 Feb 2020. Ram Mahajan was appointed as Director on 28 Feb 2020.
Yes, Welnex Bio is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Welnex Bio is registered as a small enterprise under Udyam registration (number: UDYAM-HR-13-0015887).