About Weshine Tech Private Limited
Data last updated:
Weshine Tech Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Constellation Netherlands Holdings 2 Cooperatief U.A and recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 22 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2011PTC138954. Its GSTIN is 27AABCW0834G1ZH (Maharashtra).
The company has an authorised share capital of ₹3.5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Utkarsh Vijay Mangudkar and Doraisamy Karthikeyan.
Its last annual general meeting (AGM) was held on 15 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.23 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹2.38 Cr (net margin -25.8%) and EBITDA of -₹2.19 Cr (EBITDA margin -23.7%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 8% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: We Shine Tech. As per MCA filings, the company has satisfied charges of ₹2 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website weshinetech.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice No. 03 Ground Floor Mantri Alpine, Phase II S. No. 268/B/2 Bavdhan Budruk, Pune, Maharashtra, India – 411021
- IndustryInformation Technology, IT Consulting & 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
Business Activity of Weshine Tech Private Limited
The main business activity of Weshine Tech is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Weshine Tech Private Limited FY 2025 filings available
Weshine Tech Private Limited reported revenue of ₹9.23 Cr (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Weshine Tech Private Limited
Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 372% 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 Weshine Tech Private 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 | -₹2.19 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.38 Cr | •••• | •••• | •••• | •••• |
| 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 Weshine Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -25.8% | •••• | •••• | •••• | •••• |
| 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 Weshine Tech 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.
Peer Comparison of Weshine Tech Private Limited
Weshine Tech Private Limited is compared with the companies closest to it by revenue in the Education industry (Education Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avm Infotech (India) Private Limited | ₹9.7 Cr (FY 2024) | •••• | •••• | 62.0% | •••• | Indore, Madhya Pradesh, India |
| Gyoash Technologies Private Limited | ₹9.54 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Pune, Maharashtra, India |
| Kenverse Private Limited | ₹9.49 Cr (FY 2025) | •••• | •••• | 130.0% | •••• | Bangalore, Karnataka, India |
| Gurujiworld Technologies Private Limited | ₹9.32 Cr (FY 2025) | •••• | •••• | 86.0% | •••• | Pune, Maharashtra, India |
| Skyfi Education Labs Private Limited | ₹9.3 Cr (FY 2024) | •••• | •••• | 113.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Weshine Tech Private Limited this company | ₹9.23 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Pune, Maharashtra, India |
| Codingal Technologies Private Limited | ₹9.2 Cr (FY 2023) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Genleap Ecosystem Private Limited | ₹9.17 Cr (FY 2023) | •••• | •••• | 18447.0% | •••• | New Delhi, Delhi, India |
| E-Class Education System Limited | ₹9.14 Cr (FY 2019) | •••• | •••• | 249.0% | •••• | Mumbai, Maharashtra, India |
| Funscholar Innovations Private Limited | ₹9.09 Cr (FY 2024) | •••• | •••• | 101.0% | •••• | Kolkata, West Bengal, India |
| Bryt Learning Technologies Private Limited | ₹9.02 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Weshine Tech by revenue in the Education industry (Education Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Weshine Tech Private Limited
Weshine Tech Private Limited is audited by G S T M & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G S T M & ASSOCIATES | 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 Weshine Tech Private Limited
Weshine Tech 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 |
|---|---|---|---|---|
| Utkarsh Vijay Mangudkar Also directs: Haripriya Sweets & Namkeens LLP | Director | 09 Jun 2023 | 3 Years 4 Months | Current |
| Doraisamy Karthikeyan Also directs: Vela Technologies India LLP, Rithna Foods Private Limited, Tagit (India) Private Limited and 4 more | Additional Director | 17 Jun 2024 | 2 Years 3 Months | Current |
| Sandeep Ray | Additional Director | 02 Aug 2024 | 2 Years 2 Months | Current |
Ownership and Shareholding of Weshine Tech Private 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 Weshine Tech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2016 | Others | ₹2 Cr | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Weshine Tech Private Limited
Weshine Tech Private Limited has 2 court cases on record: 2 filed by Weshine Tech. All cases are pending. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Patna High Court | Court case (CR. WJC) | Filed by the company against State of Bihar | Pending |
| Patna High Court | Court case (CWJC) | Filed by the company against State of Bihar | Pending |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Weshine Tech Private Limited
Weshine Tech operates one associated brand: We Shine Tech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Examination and assessment management platform is operated for educational institutes. | weshinetech.in |
Employees and EPFO Compliance at Weshine Tech Private Limited
Weshine Tech Private Limited has a workforce of 19 employees as of Apr 09, 2024.
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.
Recent Activity on Weshine Tech Private Limited
Weshine Tech Private Limited has 9 board changes on record since 2022: 3 appointments and 6 cessations. The latest: Sandeep Ray was appointed as Additional Director on 02 Aug 2024.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Weshine Tech Private 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 Weshine Tech Private 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 Weshine Tech Private 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.
GST Compliance of Weshine Tech Private Limited
Weshine Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCW0834G1ZH | Maharashtra | 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.
MCA Filings & Documents of Weshine Tech Private 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.
Frequently Asked Questions about Weshine Tech Private Limited
Weshine Tech is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 22 March 2011 (15+ years old) and is registered under CIN U72900PN2011PTC138954.
Weshine Tech reported revenue of ₹9.23 Cr for FY 2025 (down 28% YoY).
Weshine Tech has 3 current directors:
- Utkarsh Vijay Mangudkar - Director
- Doraisamy Karthikeyan - Additional Director
- Sandeep Ray - Additional Director
Weshine Tech reported a net loss of ₹2.38 Cr (net margin -25.8%) and EBITDA of -₹2.19 Cr (EBITDA margin -23.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Weshine Tech is -20% over three years and 8% over five years. In the latest year (FY 2025) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Weshine Tech is 27AABCW0834G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Weshine Tech is U72900PN2011PTC138954. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Weshine Tech has 2 court cases on record: 2 filed by the company. 2 are pending.
Weshine Tech was incorporated on 22 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Weshine Tech by revenue are Avm Infotech (India) Private Limited, Gyoash Technologies Private Limited, Kenverse Private Limited, Gurujiworld Technologies Private Limited, Skyfi Education Labs Private Limited and 5 more, all in the Education industry (Education Technology).
Sandeep Ray was appointed as Additional Director on 02 Aug 2024. Doraisamy Karthikeyan was appointed as Additional Director on 17 Jun 2024. Anupam Vijay Mangudkar ceased to be Director on 09 Jun 2023. Weshine Tech has 9 board changes on record in total.