Wepay Finance Private Limited Company Logo

Wepay Finance Private Limited - Company Profile

It is a financial services private limited company based in Ludhiana, Punjab, India, established in 1993.

1993 | Ludhiana, Punjab, India | Active
Last Updated:

About Wepay Finance Private Limited

Wepay Finance Private Limited, a active private limited company, was established on 01 September 1993 in Ludhiana, Punjab, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U65910CH1993PTC013669. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹2.64 Cr.

Formerly known as Samra Leasing Private Limited, Wepay Capital Private Limited. It upholds a compliant status. Employing 14 professional, Its leadership includes Dalbir Singh (Director), Vikramdeep Singh (Director), Jasjot Singh Virk (Director). Past directors included Dalbir Singh, Amardeep Singh Samra, Gurdip Singh. It holds ₹17.22 Cr open charges and ₹96.57 Cr settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at 1St Floor, Ganesh Nagar, Link Road, Cheema Chowk India, Ludhiana, Punjab, 141003.

Company Details

  • CIN/LLPIN

    U65910CH1993PTC013669

  • Registration Number

    013669

  • Incorporation Date

    01 September 1993

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹2.64 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.64 Cr
  • Company Age 32 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.22 Cr
  • Satisfied Charges ₹ 96.57 Cr
  • Revenue Growth -16.06%
  • Profit Growth 2148.20%
  • Ebitda -17.77%
  • Net Worth 35.45%
  • Total Assets -14.13%
Company report

Wepay Finance Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Wepay Finance Private 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 Wepay Finance Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Dalbir SinghDirector14 Oct 2018Current
Vikramdeep SinghDirector20 Apr 2019Current
Jasjot Singh VirkDirector18 Jan 2019Current
Paramjit Singh RandhawaDirector23 Jan 2015Current
Sukhwinder SinghDirector31 Jan 2010Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director18 Jan 2019Past
Pramod AbcsddDirector07 Mar 2016Past
Pramod AbcsddDirector16 May 2020Past
Pramod AbcsddManaging Director14 Oct 2018Past
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddAdditional Director30 Sep 2019Past

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Financial Performance of Wepay Finance.

Wepay Finance Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.06% decrease. The company also saw a substantial improvement in profitability, with a 2148.2% increase in profit. The company's net worth Soared by an impressive increase of 35.45%.

Wepay Finance revenue growth over time
Wepay Finance 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
-16.06%
Revenue from Operations
-16.13%
Total Assets
-14.13%
Profit or Loss
2148.20%
Net Worth
35.45%
EBITDA
-17.77%

What is the Ownership and Shareholding Structure of Wepay Finance?

In 2022, Wepay Finance had a public holding of 59.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹172,157,701.00

Satisfied Charges

₹965,657,000.00

Charges Breakdown by Lending Institutions

  • Others : 14.47 Cr
  • Ca Sangeeta Sharma : 2.74 Cr

Latest Charge Details

DateLenderAmountStatus
18 Dec 2023Others₹1.00 CrOpen
29 Nov 2023Others₹3.00 CrOpen
15 Dec 2022Others₹5.00 MOpen
11 May 2022Others₹8.61 MOpen
06 Dec 2021Others₹1.25 CrOpen

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How Many Employees Work at Wepay Finance?

Wepay Finance has a workforce of 14 employees as of Mar 27, 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 Wepay Finance Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wepay Finance, 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 Wepay Finance'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 Wepay Finance

Recent Activity within the Organization

  • Charges

    A charge registered on 10 May 2021 via Charge ID 100446881 with Others was fully satisfied on 21 Dec 2023. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100838635 was registered on 18 Dec 2023. was documented.

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100828853 was registered on 29 Nov 2023. was recorded as a recent event.

  • Annual General Meeting

    Wepay Finance Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Wepay Finance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh. was completed.

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100665455 was registered on 15 Dec 2022. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Wepay Finance Private Limited?

    The CIN of Wepay Finance Private Limited is U65910CH1993PTC013669.

  • Where is Wepay Finance Private Limited headquartered?

    Wepay Finance Private Limited is headquartered at 1St Floor, Ganesh Nagar, Link Road, Cheema Chowk India, Ludhiana, Punjab, 141003.

  • When was Wepay Finance Private Limited incorporated?

    Wepay Finance Private Limited was incorporated on 01 September 1993.

  • Who are the current directors of Wepay Finance Private Limited?

    The current directors of Wepay Finance Private Limited are

  • What is the primary industry of Wepay Finance Private Limited?

    The primary industry of Wepay Finance Private Limited is Financial And Insurance Service.

  • Is Wepay Finance Private Limited a listed company?

    Wepay Finance Private Limited is unlisted.

  • What is the capital structure of Wepay Finance Private Limited?

    The authorized capital of Wepay Finance Private Limited is ₹3.00 Cr, and the paid-up capital is ₹2.64 Cr.

  • What is the compliance status of Wepay Finance Private Limited?

    The compliance status of Wepay Finance Private Limited is Compliant.

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