About Welworth Software Private Limited
Data last updated:
Welworth Software Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 May 2005.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PTC036221. Its GSTIN is 29AAACW5858M2ZI (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Narayana Kamma (Irp/Rp/Liquidator) and Basavaraj Veerabhadrappa Jaggal.
Its last annual general meeting (AGM) was held on 26 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Rockline Centre No. 54 3rd Floor Richmond Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.09 Lakh, a growth of 117% compared to the previous year. For the same year it recorded a net loss of ₹11.77 Lakh (net margin -193.2%) and EBITDA of ₹1.37 Lakh (EBITDA margin 22.6%).
The company has about 109 employees on its provident fund (EPFO) records.
Court records list 9 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending.
The last known website on record is welworthsoftware.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressRockline Centre No. 54 3rd Floor Richmond Road, Bangalore, Karnataka, India – 560025
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Welworth Software Private Limited
The main business activity of Welworth Software is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Welworth Software Private Limited FY 2019 filings available
Welworth Software Private Limited reported revenue of ₹6.09 Lakh (up 117% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Welworth Software Private Limited
Revenue rose 117% in the latest year. EBITDA rose 31% 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 Welworth Software Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹6.09 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.37 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.77 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 of Welworth Software Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -193.2% | •••• | •••• | •••• | •••• |
| 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 Welworth Software are in the company report.
Financial statements from 2015
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.
Board of Directors of Welworth Software Private Limited
Welworth Software has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Basavaraj Veerabhadrappa Jaggal Also directs: Malnad Infotech Services Private Limited | Additional Director | 20 Jul 2020 | 6 Years 3 Months | As last reported |
| Narayana Kamma Also directs: B&B Realty Limited | Irp/Rp/Liquidator | 13 May 2024 | 2 Years 5 Months | As last reported |
| Akshaya Kumar Karunam Also directs: PSS Electricals LLP | Additional Director | 20 Jan 2020 | 6 Years 9 Months | As last reported |
Peer Comparison of Welworth Software Private Limited
Welworth Software Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Delnie Private Limited | ₹6.19 Lakh (FY 2024) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Biosol Systems Private Limited | ₹6.18 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Jaipur, Rajasthan, India |
| Technologus Consultancy Private Limited | ₹6.17 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Symco Software Pvt Ltd | ₹6.11 Lakh (FY 2025) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
| Appnivi Itsolutions Private Limited | ₹6.11 Lakh (FY 2022) | •••• | •••• | 67543.0% | •••• | Hyderabad, Telangana, India |
| Welworth Software Private Limited this company | ₹6.09 Lakh (FY 2019) | •••• | •••• | 117.0% | •••• | Bangalore, Karnataka, India |
| GPR Infrastructure & Engineering Private Limited | ₹6.09 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | Delhi, India |
| Zeropi Tech Solutions Private Limited | ₹6.08 Lakh (FY 2024) | •••• | •••• | 47.0% | •••• | Mundakkal West P O, Kerala, India |
| Aayaam Software Private Limited | ₹6.06 Lakh (FY 2024) | •••• | •••• | -29.0% | •••• | New Delhi, Delhi, India |
| Rimari IT Solutions Private Limited | ₹6.06 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Delhi, India |
| Innosmartsemc Solutions Private Limited | ₹6.05 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | R.C.Puram, Telangana, India |
Peers are the five companies nearest above and the five nearest below Welworth Software by revenue in the Information Technology industry (IT Consulting and Services), 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 Welworth Software Private Limited
Welworth Software Private Limited is audited by A N K H & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A N K H & ASSOCIATES | 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.
Ownership and Shareholding of Welworth Software 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 Welworth Software Private Limited
Welworth Software Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Welworth Software Private Limited
Welworth Software Private Limited has 9 court cases on record: 3 filed by Welworth Software, 1 filed against it, 5 where it is another party. 2 cases are pending and 7 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 1 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Appeal | Filed by the company against Sun Distribution Services Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Company is another party | Pending |
| High Court of Karnataka | Writ petition | Company is another party | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Discovery Communications (India) Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Company is another party | Disposed |
Full case history
All 9 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.
Employees and EPFO Compliance at Welworth Software Private Limited
Employment history and EPFO contributions of people linked to Welworth Software.
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 Welworth Software Private Limited
Welworth Software Private Limited has 8 board changes on record since 2010: 3 appointments and 5 cessations. The latest: Narayana Kamma was appointed as Irp/Rp/Liquidator on 13 May 2024.
Credit Ratings, Litigation & Regulatory Alerts for Welworth Software 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 Welworth Software 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 Welworth Software 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 Welworth Software Private Limited
Welworth Software has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW5858M2ZI | Karnataka | Active | 01 Jul 2017 |
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 Welworth Software 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 Welworth Software Private Limited
Welworth Software is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Welworth Software is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 May 2005 and is registered under CIN U72200KA2005PTC036221. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Welworth Software reported revenue of ₹6.09 Lakh for FY 2019 (up 117% YoY).
Welworth Software has 3 current directors:
- Basavaraj Veerabhadrappa Jaggal - Additional Director
- Akshaya Kumar Karunam - Additional Director
- Narayana Kamma - Irp/Rp/Liquidator
Welworth Software reported a net loss of ₹11.77 Lakh (net margin -193.2%) and EBITDA of ₹1.37 Lakh (EBITDA margin 22.6%) for FY 2019, as per its filed financial statements.
The CIN (Corporate Identification Number) of Welworth Software is U72200KA2005PTC036221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welworth Software has 9 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Welworth Software was incorporated on 03 May 2005. It is registered with the Registrar of Companies, Bangalore.
The peers of Welworth Software by revenue are Delnie Private Limited, Biosol Systems Private Limited, Technologus Consultancy Private Limited, Symco Software Pvt Ltd, Appnivi Itsolutions Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Narayana Kamma was appointed as Irp/Rp/Liquidator on 13 May 2024. Kimmane Gurumurthy Adithya ceased to be Director on 27 Jul 2020. Basavaraj Veerabhadrappa Jaggal was appointed as Additional Director on 20 Jul 2020. Welworth Software has 8 board changes on record in total.
Welworth Software can be reached through the website welworthsoftware.com. Its registered office is in Bangalore, Karnataka, India.