DPIIT recognised startup Government of India
Startup India
Wertone Technology Private Limited
Wertone Technology Private Limited - service in Indore, Madhya Pradesh, India. Directors, charges & compliance details.
Revenue · FY 2019
₹16.58 Lakh
▲ 1516% YoY
Net loss · FY 2019
₹2.57 Lakh
Net margin -15.5%
EBITDA · FY 2019
-₹2.53 Lakh
EBITDA margin -15.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Last financials
Mar 2019
Balance sheet date
About Wertone Technology Private Limited
Data last updated:
Wertone Technology Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the services sector. It was incorporated on 30 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U93090MP2017PTC044417.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Usha and Jivanram Maikullal Pal.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at F No 103 Sakar Apartment 567 Mg Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2019, the company reported a revenue of ₹16.58 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.57 Lakh (net margin -15.5%) and EBITDA of -₹2.53 Lakh (EBITDA margin -15.3%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company Details of Wertone Technology Private Limited
CIN U93090MP2017PTC044417
Registration Number 044417
Incorporation Date 30 October 2017
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Non-Compliant
DPIIT Recognition Recognised Startup
Key People
Usha Director Jivanram Maikullal Pal Director Recognitions & Rankings of Wertone Technology
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressF No 103 Sakar Apartment 567 Mg Road, Indore, Madhya Pradesh, India – 452001
- IndustryService, Other Services
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Business Activity of Wertone Technology Private Limited
The main business activity of Wertone Technology is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Wertone Technology Private Limited FY 2019 filings available
Wertone Technology Private Limited reported revenue of ₹16.58 Lakh (up 1516% YoY) for FY 2019.
Revenue · FY 2019
₹16.58 Lakh ▲ 1516%
Net loss · FY 2019
₹2.57 Lakh margin -15.5%
EBITDA · FY 2019
-₹2.53 Lakh margin -15.3%
Financial Statement Summary of Wertone Technology Private Limited
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| 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 | -₹2.53 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹2.57 Lakh | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Wertone Technology Private Limited
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -15.3% | •••• |
| Net Profit Margin | -15.5% | •••• |
| 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 Wertone Technology are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
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Board of Directors of Wertone Technology Private Limited
Wertone Technology has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha | Director | 25 Jan 2018 | 8 Years 8 Months | Current |
| Jivanram Maikullal Pal | Director | 25 Jan 2018 | 8 Years 8 Months | Current |
Peer Comparison of Wertone Technology Private Limited
Wertone Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Food and beverage services provided by hotels, restaurants, caterers, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TBK Hospitality Private Limited | ₹16.64 Lakh (FY 2022) | •••• | •••• | 182.0% | •••• | Bangalore, Karnataka, India |
| Three Muscateers Enterprises Private Limited | ₹16.64 Lakh (FY 2024) | •••• | •••• | 72.0% | •••• | Bengaluru, Karnataka, India |
| Seralen Hospitality (OPC) Private Limited | ₹16.63 Lakh (FY 2021) | •••• | •••• | •••• | Margao, Salcete, Goa, India | |
| Zar Foods and Beverages Private Limited | ₹16.62 Lakh (FY 2022) | •••• | •••• | 179.0% | •••• | Salem, Tamil Nadu, India |
| Park Foodz Private Limited | ₹16.58 Lakh (FY 2016) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Wertone Technology Private Limited this company | ₹16.58 Lakh (FY 2019) | •••• | •••• | 1516.0% | •••• | Indore, Madhya Pradesh, India |
| TSC Foods Private Limited | ₹16.57 Lakh (FY 2019) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Namaste Taste Hub Private Limited | ₹16.56 Lakh (FY 2024) | •••• | •••• | 233.0% | •••• | Delhi, India |
| Kotwara Heritage Hotels Private Limited | ₹16.55 Lakh (FY 2025) | •••• | •••• | 405.0% | •••• | Lucknow, Uttar Pradesh, India |
| Shidori Foods Private Limited | ₹16.54 Lakh (FY 2022) | •••• | •••• | 118.0% | •••• | Dhamangaon Old, Maharashtra, India |
| Projectpanda Hospitality Private Limited | ₹16.52 Lakh (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Wertone Technology by revenue in the same principal business activity (Food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Wertone Technology Private Limited
Wertone Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Wertone Technology Private Limited
Employment history and EPFO contributions of people linked to Wertone Technology.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Wertone Technology Private Limited
Wertone Technology Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Kamalveer Singh ceased to be Director on 30 Jan 2018.
AGM
Wertone Technology Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Wertone Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Gwalior.
Ceased
Kamalveer Singh ceased to be Director.
Ceased
Navneet Chourey ceased to be Director.
Ceased
Nilesh Rathore ceased to be Director.
Ceased
Piyush Jain ceased to be Director.
Ceased
Rajesh Pal ceased to be Director.
Appointed
Jivanram Maikullal Pal was appointed as Director.
Appointed
Usha was appointed as Director.
Incorporation
30 Oct 2017
Wertone Technology Private Limited was registered on 30 Oct 2017 with Roc Gwalior & aged 8 years 11 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Wertone Technology Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Wertone Technology Private Limited
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Subsidiaries & Group Companies of Wertone Technology Private Limited
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Corporate group structure
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GST Compliance of Wertone Technology Private Limited
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MCA Filings & Documents of Wertone Technology Private Limited
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MCA filings and documents
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Frequently Asked Questions about Wertone Technology Private Limited
Wertone Technology is an active private limited company based in Indore, Madhya Pradesh, India. The company works in other services, within the service industry. It was incorporated on 30 October 2017 (9+ years old) and is registered under CIN U93090MP2017PTC044417.
Wertone Technology reported revenue of ₹16.58 Lakh for FY 2019 (up 1516% YoY).
Wertone Technology has 2 current directors:
- Usha - Director
- Jivanram Maikullal Pal - Director
Wertone Technology reported a net loss of ₹2.57 Lakh (net margin -15.5%) and EBITDA of -₹2.53 Lakh (EBITDA margin -15.3%) for FY 2019, as per its filed financial statements.
The CIN (Corporate Identification Number) of Wertone Technology is U93090MP2017PTC044417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wertone Technology was incorporated on 30 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Wertone Technology by revenue are TBK Hospitality Private Limited, Three Muscateers Enterprises Private Limited, Seralen Hospitality (OPC) Private Limited, Zar Foods and Beverages Private Limited, Park Foodz Private Limited and 5 more, all in the same principal business activity (Food and beverage services provided by hotels, restaurants, caterers, etc.).
Kamalveer Singh ceased to be Director on 30 Jan 2018. Navneet Chourey ceased to be Director on 30 Jan 2018. Nilesh Rathore ceased to be Director on 30 Jan 2018. Wertone Technology has 7 board changes on record in total.
Yes, Wertone Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Wertone Technology is at F No 103 Sakar Apartment 567 Mg Road, Indore, Madhya Pradesh, India – 452001.
Wertone Technology has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.