About Wep Solutions India Limited
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Wep Solutions India Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Wep Peripherals Limited. It operates in the business support services segment of the business services sector. It was incorporated on 18 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32204KA2007PLC043900. Its GSTIN is 29AAACW7400P1ZV (Karnataka). The company holds 11 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹7.85 Cr. It was formerly known as Elnova Products Limited and Wep Solutions India Private Limited. It is led by directors including Sandeep Kumar Goyal and Chikkaiah Shivanna Hemachandra.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.40/1A Basappa Complex Lavelle Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹20 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.77 Lakh (net margin 8.9%) and EBITDA of ₹7.36 Lakh (EBITDA margin 36.8%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 26% over five years.
As per MCA filings, the company has satisfied charges of ₹52 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wepsolutionindia.com.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.40/1A Basappa Complex Lavelle Road, Bangalore, Karnataka, India – 560001
- IndustryBusiness Services, Business 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
Name History of Wep Solutions India Limited
Wep Solutions India has undergone 4 name changes throughout its history. The current legal name is Wep Solutions India Limited.
| Company Name | Status |
|---|---|
| Wep Solutions India Limited | Current |
| Elnova Products Limited | Previous |
| Wep Solutions India Private Limited | Previous |
| Elnova India Limited | Previous |
| Elnova Peripherals Limited | Previous |
CIN History of Wep Solutions India Limited
Wep Solutions India has one previous CIN (Corporate Identification Number): U32204KA2007PTC043900. The current CIN is U32204KA2007PLC043900, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32204KA2007PLC043900 | Current |
| U32204KA2007PTC043900 | Previous |
Auditor Details of Wep Solutions India Limited
Wep Solutions India Limited is audited by N. M. RAIJI & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N. M. RAIJI & Co | 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.
Board of Directors of Wep Solutions India Limited
Wep Solutions India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Kumar Goyal Also directs: Emerge Power Solutions Private Limited, Wep Peripherals Limited | Director | 11 Sep 2017 | 9 Years 0 Months | Current |
| Chikkaiah Shivanna Hemachandra | Director | 22 Feb 2016 | 10 Years 7 Months | Current |
| Ram Narayan Agrawal Also directs: Wep Solutions Limited, Emerge Power Solutions Private Limited, Eperipherals Trading Limited and 2 more | Director | 18 Sep 2007 | 19 Years 0 Months | Current |
Financials of Wep Solutions India Limited FY 2025 filings available
Wep Solutions India Limited reported revenue of ₹20 Lakh (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Wep Solutions India Limited
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA rose 40% 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 Wep Solutions India Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹7.36 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.77 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Wep Solutions India Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.9% | •••• | •••• | •••• | •••• |
| 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 Wep Solutions India 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.
Ownership and Shareholding of Wep Solutions India 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 Wep Solutions India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2008 | Kotak Mahindra Bank Limited | ₹5 Cr | Satisfied |
| 14 Oct 2008 | Corporation Bank | ₹25 Cr | Satisfied |
| 25 Sep 2008 | Citibank N.A | ₹6 Cr | Satisfied |
| 25 Jun 2008 | Hdfc Bank Limited | ₹16 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Wep Solutions India Limited
Wep Solutions India Limited has a workforce of 0 employees as of Sep 22, 2025.
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.
GST Compliance of Wep Solutions India Limited
Wep Solutions India has 11 GST registrations: 1 active and 10 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW7400P1ZV | 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.
Credit Ratings, Litigation & Regulatory Alerts for Wep Solutions India 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 Wep Solutions India 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 Wep Solutions India 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.
MCA Filings & Documents of Wep Solutions India 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.
Recent Activity on Wep Solutions India Limited
Frequently Asked Questions about Wep Solutions India Limited
Wep Solutions India is an active public limited company based in Bangalore, Karnataka, India. The company works in business support services, within the business services industry. It was incorporated on 18 September 2007 (19+ years old) and is registered under CIN U32204KA2007PLC043900.
Wep Solutions India reported revenue of ₹20 Lakh for FY 2025 (up 1% YoY).
Wep Solutions India has 3 current directors:
- Sandeep Kumar Goyal - Director
- Chikkaiah Shivanna Hemachandra - Director
- Ram Narayan Agrawal - Director
Wep Solutions India reported a net profit of ₹1.77 Lakh (net margin 8.9%) and EBITDA of ₹7.36 Lakh (EBITDA margin 36.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wep Solutions India is 45% over three years and -26% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wep Solutions India is 29AAACW7400P1ZV, registered in Karnataka. The company has 11 GST registrations in all, of which 1 is active and 10 are cancelled or inactive.
The CIN (Corporate Identification Number) of Wep Solutions India is U32204KA2007PLC043900. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wep Solutions India was incorporated on 18 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Wep Solutions India can be reached through the website wepsolutionindia.com. Its registered office is in Bangalore, Karnataka, India.