Wep Solutions India Limited - Company Profile

Q: Where is Wep Solutions India Limited headquartered?

Wep Solutions India Limited is headquartered at No.401A, Basappa Complex Lavelle Road, Bangalore, Karnataka, 560001.

Q: Who are the current directors of Wep Solutions India Limited?

The current directors of Wep Solutions India Limited are Hemachandra Chikkaiah Shivanna, Ram Narayan Agarwal, Sandeep Kumar Goyal.

It is a business services public limited company based in Bangalore, Karnataka, India, established in 2007.

2007 Bangalore, Karnataka, India Active

Last Updated: February 06, 2026

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About Wep Solutions India Limited

Wep Solutions India Limited, a active public limited company, was established on 18 September 2007 in Bangalore, Karnataka, India. Engaging in business support services within the information and communication sector, it holds CIN: U32204KA2007PLC043900. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹30.00 Cr and a paid-up capital of ₹7.85 Cr.

Formerly known as Elnova Products Limited, Wep Solutions India Private Limited. It upholds a compliant status. Its leadership includes Hemachandra Chikkaiah Shivanna (Director), Ram Narayan Agarwal (Director), Sandeep Kumar Goyal (Director). Past directors included Hemachandra Chikkaiah Shivanna, Palakkil Kannatath Gopalakrishnan, Sarita Agarwal. It holds no open charges and ₹52.00 Cr settled loans. Its latest AGM occurred on 08 September 2025, with the balance sheet filed on 31 March 2025. It is based at No.40/1A, Basappa Complex Lavelle Road, Bangalore, Karnataka, 560001.

Company Details

CIN/LLPIN
U32204KA2007PLC043900
Registration Number
043900
Incorporation Date
18 September 2007
Authorized Capital
₹30.00 Cr
Paid-Up Capital
₹7.85 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 30.00 Cr as on 06-02-2026
Paid Up Capital ₹ 7.85 Cr as on 06-02-2026
Company Age 18 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 52.00 Cr as on 06-02-2026
Revenue Growth **** 194.88% (FY 2023)
Profit Growth **** 172.30% (FY 2023)
Ebitda **** 34.09% (FY 2023)
Net Worth 1.42% (FY 2023)
Total Assets **** 1.36% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Wep Solutions India Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Wep Solutions India Limited?

Current Directors

Name	Designation	Appointment Date	Status
Hemachandra Chikkaiah Shivanna	Director	22 Feb 2016	Current
Ram Narayan Agarwal	Director	18 Sep 2007	Current
Sandeep Kumar Goyal	Director	11 Sep 2017	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	23 Sep 2016	Past
Pramod Abcsdd	Whole-Time Director	15 May 2013	Past
Pramod Abcsdd	Additional Director	31 Jul 2008	Past
Pramod Abcsdd	Whole-Time Director	06 Jul 2011	Past
Pramod Abcsdd	Company Secretary	06 Jul 2011	Past
Pramod Abcsdd	Additional Director	27 Sep 2018	Past

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Financial Performance of Wep Solutions India.

Wep Solutions India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 194.88% increase. The company also saw a substantial improvement in profitability, with a 172.3% increase in profit. The company's net worth moved up by a moderate rise of 1.42%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

194.88%

*******

Revenue from Operations

*******

Total Assets

*******

1.36%

*******

Profit or Loss

*******

172.30%

*******

Net Worth

*******

1.42%

*******

EBITDA

*******

34.09%

*******

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What is the Ownership and Shareholding Structure of Wep Solutions India?

In 2023, Wep Solutions India had a promoter holding of 36.40% and a public holding of 63.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹520,000,000.00

Charges Breakdown by Lending Institutions

Corporation Bank : 25.00 Cr
Hdfc Bank Limited : 16.00 Cr
Citibank N.A : 6.00 Cr
Kotak Mahindra Bank Limited : 5.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
21 Oct 2008	Kotak Mahindra Bank Limited	₹5.00 Cr	Satisfied
14 Oct 2008	Corporation Bank	₹25.00 Cr	Satisfied
25 Sep 2008	Citibank N.A	₹6.00 Cr	Satisfied
25 Jun 2008	Hdfc Bank Limited	₹16.00 Cr	Satisfied

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How Many Employees Work at Wep Solutions India?

Wep Solutions India has a workforce of 0 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Wep Solutions India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Wep Solutions India's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Wep Solutions India

Recent Activity within the Organization

Annual General Meeting

Progress on Wep Solutions India Limited last Annual general meeting of members was held on 08 Sep 2025 as per latest MCA records. was documented.
08 Sep 2025
Balance Sheet

The activity Wep Solutions India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.
31 Mar 2025
Director Appointment

Sandeep Kumar Goyal was appointed as a Director was appointed as a Director on 11 Sep 2017 & has been associated with this company since 8 years 5 months . was recorded as a recent event.
11 Sep 2017
Director Appointment

Progress on Hemachandra Chikkaiah Shivanna was appointed as a Director was appointed as a Director on 22 Feb 2016 & has been associated with this company since 9 years 11 months . was documented.
22 Feb 2016
Charges

Progress on A charge registered on 14 Oct 2008 via Charge ID 10129288 with Corporation Bank was fully satisfied on 06 Mar 2015. was documented.
06 Mar 2015
Charges

Progress on A charge registered on 25 Jun 2008 via Charge ID 10116366 with Hdfc Bank Limited was fully satisfied on 05 Oct 2012. was documented.
05 Oct 2012

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