Welquo Services Private Limited
About Welquo Services Private Limited
Data last updated:
Welquo Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 24 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC109831. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.5 Lakh and a paid-up capital of ₹1.35 Lakh. It is led by directors including Mule Jogi Reddy and Krishna Chakrabarty.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at L – 372 2nd Floor Hsr Layout Sector – VI, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2022, the company reported a revenue of ₹60.12 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.26 Lakh (net margin 2.1%) and EBITDA of ₹1.26 Lakh (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
Company details
Contact details
Welquo Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressL – 372 2nd Floor Hsr Layout Sector – VI, Bangalore, Karnataka, India – 560102
- IndustryInternet, Online Financial Services
To see the full contact details of Welquo Services Private Limited, buy the company report.
- 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 Welquo Services is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Welquo Services Private Limited, buy the company report.
Financials of Welquo Services Private Limited
FY 2022 filings availableWelquo Services Private Limited reported revenue of ₹60.12 Lakh (up 19% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 102% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹1.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.26 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Welquo Services Private Limited, buy the company report.
Board of directors of Welquo Services Private Limited
Welquo Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Huzaif Pasha | Additional Director | 03 May 2023 | 3 Years 6 Months | Current |
| Mule Jogi Reddy | Director | 24 Jan 2018 | 8 Years 9 Months | Current |
| Krishna Chakrabarty Also directs: Salil Chakrabarty Innovation Holdings Private Limited | Director | 24 Jan 2018 | 8 Years 9 Months | Current |
Auditor
Welquo Services Private Limited is audited by THULASI AND CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THULASI AND CO | FY 2020 | 012632S |
Shareholding
The shareholding of Welquo Services Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Welquo Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Welquo Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Welquo Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Welquo Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Welquo Services Private Limited, buy the company report.
Recent activity
Welquo Services Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Huzaif Pasha was appointed as Additional Director on 03 May 2023.
Frequently asked questions
Welquo Services is an active private limited company based in Bangalore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 24 January 2018 (8+ years old) and is registered under CIN U74999KA2018PTC109831.
Welquo Services has 3 current directors:
- Huzaif Pasha - Additional Director
- Mule Jogi Reddy - Director
- Krishna Chakrabarty - Director
The latest financial statements of Welquo Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
No. Welquo Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Welquo Services is U74999KA2018PTC109831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welquo Services was incorporated on 24 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Huzaif Pasha was appointed as Additional Director on 03 May 2023. Krishna Chakrabarty was appointed as Director on 24 Jan 2018. Mule Jogi Reddy was appointed as Director on 24 Jan 2018.
The registered office of Welquo Services is at L – 372 2nd Floor Hsr Layout Sector – VI, Bangalore, Karnataka, India – 560102.
Welquo Services operates in the internet industry, in the online financial services segment.
Welquo Services can be reached at its registered office: L – 372 2nd Floor Hsr Layout Sector – VI, Bangalore, Karnataka, India – 560102.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
