Wep Solutions Limited

Provides printing, IT peripherals, and document management solutions with nationwide presence.

1995 | Bangaluru, Karnataka (India) | Active
Last Updated:

Wep Solutions Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 36.81 Cr
  • Company Age 30 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 36.79 Cr
  • Satisfied Charges ₹ 12.04 Cr
  • Revenue Growth -16.22%
  • Profit Growth 125.44%
  • Ebitda 4.67%
  • Net Worth 8.35%
  • Total Assets -1.77%

About Wep Solutions

Wep Solutions Limited (WSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 March 1995 and has a history of 30 years and three months. Its registered office is in Bangaluru, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532373.

The Corporate was formerly known as Datanet Systems Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 36.81 Cr.

The company currently has active open charges totaling ₹36.79 Cr. The company has closed loans amounting to ₹12.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Wep Solutions Limited India are Chandralika Sharma as Company Secretary, Pradeep Madhavan as Cfo, and Ashok Tripathy as Ceo. Ram Agarwal, Grama Visweswara, Shankar Jaganathan, and Five other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72200KA1995PLC025617

  • Company No.

    025617

  • Stock Symbol

    BSE : 532373

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 1995

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Wep Solutions Limited offer?

Wep Solutions Limited offers a wide range of products and services, including Receipt Printers, Dot Matrix Printers, POS Machine, Retail POS Printer, Multifunction Printer, Laser Multifunction Printer, IT, Networking & Automation Solution, IT Solutions, Printing Machinery Spares, Printer Head.

Company report

Wep Solutions Limited

Explore comprehensive data for Wep Solutions Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Chandralika Sharma Company Secretary02-Jul-2024Current
Pradeep Madhavan Country flag representing In CFO17-Feb-2025Current
Ashok Tripathy Country flag representing In CEO03-Jun-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Vandana Malaiya Country flag representing In Director 28-May-2021Current
Shruti Agarwal Country flag representing In Director 28-May-2021Current
Shankar Jaganathan Country flag representing In Director 08-May-2010Current
Sandeep Goyal Country flag representing In Director 01-Jul-2020Current
Ayyagari Lakshmanarao Country flag representing In Director 30-Apr-2011Current
Ram Agarwal Country flag representing In Director 28-Oct-2022Current

Financial Performance of Wep Solutions.

Wep Solutions Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.22% decrease. The company also saw a substantial improvement in profitability, with a 125.44% increase in profit. The company's net worth moved up by a moderate rise of 8.35%.

Wep Solutions revenue growth over time
Wep Solutions profit and loss trends over time
  • 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
-16.22%
Revenue from Operations
-16.78%
Total Assets
-1.77%
Profit or Loss
125.44%
Net Worth
8.35%
EBITDA
4.67%

What is the Ownership and Shareholding Structure of Wep Solutions?

In 2023, Wep Solutions had a promoter holding of 41.87% and a public holding of 58.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.79 Cr

Satisfied Charges

₹12.04 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 20.79 Cr
  • Corporation Bank : 9.00 Cr
  • Others : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2024Axis Bank Limited₹10.00 CrOpen
22 Apr 2022Others₹7.00 CrOpen
16 Mar 2012Corporation Bank₹9.00 CrOpen
17 Aug 2011Axis Bank Limited₹10.79 CrOpen
04 Jan 2019Axis Bank Limited₹1.79 CrSatisfied

How Many Employees Work at Wep Solutions?

Wep Solutions has a workforce of 116 employees as of Apr 03, 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 growth trends for Wep Solutions Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wep Solutions, 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's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Wep Solutions

Recent activity within the organization

  • Director Appointment

    Pradeep Sethu Madhavan was appointed as a Cfo was appointed as a Cfo on 17 Feb 2025 & has been associated with this company since 4 months .

  • Annual General Meeting

    Wep Solutions Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

  • Director Appointment

    Chandralika Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 02 Jul 2024 & has been associated with this company since 11 months 16 days .

  • Charges

    A charge registered on 04 Jan 2019 via Charge ID 100233903 with Axis Bank Limited was fully satisfied on 15 Apr 2024.

  • Balance Sheet

    Wep Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100899543 was registered on 27 Mar 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Wep Solutions Limited?

    Wep Solutions Limited was incorporated on 01 Mar 1995.

  • What is authorized share capital and paid-up capital of Wep Solutions Limited?

    The authorized share capital of Wep Solutions Limited is ₹ 40.00 Cr and paid-up capital is ₹ 36.81 Cr.

  • Who are the current board members & directors of Wep Solutions Limited?

    Currently 11 directors are associated with Wep Solutions Limited.

    • Ram Narayan Agarwal
    • Grama Hiriyannaiah Visweswara
    • Shankar Jaganathan
    • Ayyagari Lakshmanarao
    • Sandeep Kumar Goyal
    • Chandralika Sharma
    • Pradeep Sethu Madhavan
    • Ashok Tripathy
    • Ashok Tripathy
    • Shruti Agarwal
    • Vandana Malaiya

  • What is the registered address of Wep Solutions Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Wep Solutions Limited is 40/1-A, Basappa Complex Lavelle Road India, Bangalore, Karnataka, 560001.

  • What is the corporate identification number (CIN) and company number of Wep Solutions Limited?

    The corporate identification number (CIN) of Wep Solutions Limited is L72200KA1995PLC025617 and the company number is 025617 as per Ministry of Corporate Affairs (MCA).

  • Is Wep Solutions Limited registered with any stock exchange in India?

    Yes, Wep Solutions Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Wep Solutions Limited?

    The Official website of Wep Solutions Limited is https://www.wepindia.com

  • What has been the recent revenue trend for Wep Solutions Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Wep Solutions Limited has fallen by -16.22%.

  • How many employees does Wep Solutions Limited currently have?

    As Per 2023 financial reports, 116 employees are currently employed by Wep Solutions Limited.

  • What change has been observed in the net worth of Wep Solutions Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Wep Solutions Limited has experienced an upsurge of 8.35%.

  • What are the total open charges for Wep Solutions Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Wep Solutions Limited amount to ₹ 36.79 Cr.

  • When was the last Balance Sheet of Wep Solutions Limited filed with the ROC?

    The most recent Balance Sheet for Wep Solutions Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Electronic Components & Equipment Manufacturing