Wemech Innovation Private Limited

Wemech Innovation Private Limited - trading in Indore, Madhya Pradesh, India. FY 2026 financials and compliance.
CIN U51909MP2019PTC050323 Incorporated 11 December 2019 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company trading
Data last updated
Revenue · FY 2022
₹14.82 Lakh
▼ 25.00% YoY
EBITDA · FY 2022
*****
▲ 68.00% YoY
Net profit · FY 2022
*****
▲ 24.00% YoY
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
7 yrs
Est. 2019
Last financials
Mar 2022
Balance sheet date

About Wemech Innovation Private Limited

Data last updated: 13 March 2026

Wemech Innovation Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It specialises in specialised services, a part of the broader trading and commerce sector. Incorporated on 11 December 2019, the company has been in operation for over 7 years.

Registered with ROC Gwalior under CIN U51909MP2019PTC050323.

Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashwin Yadav and Dheeraj Parmar.

Last AGM: 30 September 2022. Financial statements filed for year ended 31 March 2022. Office: 153 – B Veena Nagar, Indore, Madhya Pradesh, India – 452003.

As per the financials filed for FY 2022, the company reported a revenue of ₹14.82 Lakh, a decline of 25% compared to the previous year.

The company is associated with 1 brand - Mech Deals.

For more details, the company can be reached via its website mechdeals.com.

Company Details of Wemech Innovation Private Limited
CIN U51909MP2019PTC050323
Registration Number 050323
Incorporation Date 11 December 2019
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
    **************
  • Apps
  • Registered Address
    153 – B Veena Nagar, Indore, Madhya Pradesh, India – 452003
  • Industry
    Trading, Specialty, Wholesale
Company report
Wemech Innovation Private Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Wemech Innovation Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Wemech Innovation Private Limited

Wemech Innovation Private Limited operates one associated brand: Mech Deals. These brands represent Wemech Innovation Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Functions as an app-based retailer of auto parts and accessories. mechdeals.com

Competitors & Alternatives of Wemech Innovation Private Limited

Brands and companies operating in the same space as Wemech Innovation Private Limited include Autodukan, myTVS, AutoPortal and 5 more.

Competitor Description Location Founded
Autodukan Autodukan Car washing, battery, and windshield cleaning products are provided. Pune, India, India 2017
myTVS myTVS Automotive parts and accessories are retailed by myTVS. Panchkula, India, India 2011
AutoPortal AutoPortal Automobile news, research, comparisons, and second-hand car listings are provided. Gurugram, India, India 2013
GrandPitstop GrandPitstop Aftermarket automotive parts and accessories are dealt online by GrandPitstop. Delhi, India, India 2015
Popular auto battery center Popular auto battery center Manages an e-commerce store specializing in automotive spare parts. Ahmedabad, India, India 2024
Just Signs Just Signs Distributes 3M car wraps, PPF, and window films for vehicle and building customization. Bengaluru, India, India 2014
MyAutozone MyAutozone Online platform selling automotive accessories with easy returns and delivery. Delhi, India, India 2013
Smart Parts Exports Smart Parts Exports Exports genuine and aftermarket automotive spare parts for vehicles worldwide from India. Delhi, India, India 2017

Business Activity of Wemech Innovation Private Limited

Wemech Innovation Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading *********

Board of Directors of Wemech Innovation Private Limited

Wemech Innovation Private Limited is currently managed by 2 directors, with 1 former director having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Ashwin Yadav Director 11 Dec 2019 6 Years 6 Months Current
Dheeraj Parmar Director 11 Dec 2019 6 Years 6 Months Current

Financials of Wemech Innovation Private Limited FY 2022 filings available

Wemech Innovation Private Limited reported revenue of ₹14.82 Lakh (down 25% YoY) for FY 2022. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹14.82 Lakh ▼ -25%
Profit
***** ▲ 24%
EBITDA
***** ▲ 68%
Metrics
*****
*****
*****
*****
*****
Revenue
Revenue from Operations
*****
*****
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Revenue Growth %
*****
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Other Income
*****
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Total Revenue
*****
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Expenses
Total Expenses
*****
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Raw Material Cost
*****
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Change in Inventory FG
*****
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Change in Inventory WIP
*****
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Purchase of Traded Goods
*****
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Employee Cost
*****
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Managerial Remuneration
*****
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Audit Fees
*****
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Insurance
*****
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Power & Fuel
*****
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Interest
*****
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Depreciation
*****
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Other Expenses
*****
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Profitability
EBITDA (Operating Profit)
*****
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Operating Margin %
*****
*****
*****
*****
*****
Exceptional Items
*****
*****
*****
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Extraordinary Items
*****
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Profit Before Exceptional & Extraordinary Items
*****
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Profit Before Tax
*****
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Tax & Net Profit
Tax Expense
*****
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Current Tax
*****
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Deferred Tax
*****
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Profit from Discontinued Operations
*****
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Tax on Discontinued Operations
*****
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Profit
*****
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Net Margin %
*****
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Metrics
*****
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Shareholders' Funds
Total Shareholders' Funds
*****
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Equity Capital
*****
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Reserves & Surplus
*****
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Money Against Warrants
*****
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Other Equity
*****
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Non-Current Liabilities
Total Non-Current Liabilities
*****
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Long-Term Borrowings
*****
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Deferred Tax Liabilities
*****
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Other Non-Current Liabilities
*****
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Long-Term Provisions
*****
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Current Liabilities
Total Current Liabilities
*****
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Short-Term Borrowings
*****
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Trade Payables
*****
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Other Current Liabilities
*****
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Short-Term Provisions
*****
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Total Equity & Liabilities
*****
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Non-Current Assets
Non-Current Assets
*****
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Tangible Assets
*****
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Intangible Assets
*****
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
*****
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LT Loans & Advances
*****
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Other Non-Current Assets
*****
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
*****
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ST Loans & Advances
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Other Current Assets
*****
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Total Assets
*****
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Metrics
*****
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Cash from Operating Activities (CFO)
Profit Before Tax
*****
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Non-Cash Adjustments
*****
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*****
+ Interest Expense
*****
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+ Depreciation
*****
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+/- Unrealized Forex
*****
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- Dividend Income
*****
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- Interest Income
*****
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+/- Other Non-Cash Items
*****
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Changes in Working Capital
*****
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
*****
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
*****
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Net CFI (Cash from Investing)
*****
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Cash from Financing Activities (CFF)
Equity Issuance
*****
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
*****
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Closing Cash & Equivalents
*****
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Metrics
*****
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Liquidity
Current Ratio
*****
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Quick Ratio
*****
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Cash Ratio
*****
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Efficiency
Inventory Days
*****
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Debtor Days
*****
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Creditor Days
*****
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Cash Conversion Cycle
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Asset Turnover
*****
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Profitability
Net Profit Margin %
*****
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Operating Margin %
*****
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ROE %
*****
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ROCE %
*****
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Net Worth Margin %
*****
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Growth
Revenue Growth %
*****
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Leverage
Equity Multiplier
*****
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Debt / EBITDA
*****
*****
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*****
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Solvency
D/E Ratio
*****
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ICR
*****
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*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF
What Is the Ownership and Shareholding Structure of Wemech Innovation Private Limited?

View Wemech Innovation Private Limited's control and ownership data: shareholding patterns, funding details, FII information, directors and KMP remuneration, group structure, overseas investment and related data.

Shareholding Pattern (FY 2026)
Shareholding pattern chart
  • Promoters: **.**%
  • Public: **.**%
  • Others: **.**%
Shareholding Pattern over the Year
FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Promoters**.****.****.****.****.**
Public**.****.****.****.****.**
Others**.****.****.****.****.**

Full shareholding pattern with quarterly trends.

Charges & Borrowings Wemech Innovation Private Limited

Wemech Innovation Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Wemech Innovation Private Limited

View historical data on people associated with Wemech Innovation Private Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Wemech Innovation Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Wemech Innovation Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Wemech Innovation Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Wemech Innovation Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Wemech Innovation Private Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Wemech Innovation Private Limited

MSME Payment Delays by Wemech Innovation Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Wemech Innovation Private Limited

Subsidiaries & Group Companies of Wemech Innovation Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Wemech Innovation Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Wemech Innovation Private Limited

MCA Filings & Documents of Wemech Innovation Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Wemech Innovation Private Limited

Activity
30 Sep 2022
Wemech Innovation Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Activity
31 Mar 2022
Wemech Innovation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Gwalior.
Directors
11 Dec 2019
Ashwin Yadav was appointed as a Director on 11 Dec 2019 & has been associated with this company since 6 years 6 months.
Directors
11 Dec 2019
Dheeraj Parmar was appointed as a Director on 11 Dec 2019 & has been associated with this company since 6 years 6 months.
Activity
11 Dec 2019
Wemech Innovation Private Limited was registered on 11 Dec 2019 with Roc Gwalior & aged 6 years 6 months as per MCA records.

Frequently Asked Questions about Wemech Innovation Private Limited

Wemech Innovation Private Limited is an active private limited company in the trading sector based in Indore, Madhya Pradesh, India. It was incorporated on 11 December 2019 (7+ years old) and is registered under CIN U51909MP2019PTC050323.

Wemech Innovation Private Limited reported revenue of ₹14.82 Lakh for FY 2022 (down 25.00% YoY).

The current directors of Wemech Innovation Private Limited are:

The primary industry of Wemech Innovation Private Limited is trading. The company specifically operates in specialty. The company is currently active in this sector.

Wemech Innovation Private Limited can be reached at the registered office: 153 – B Veena Nagar, Indore, Madhya Pradesh, India – 452003, or through the website mechdeals.com.

The authorised capital is ₹10 Lakh, and the paid-up capital is ₹1 Lakh.

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