Westerly Retail Private Limited - Company Profile

It is a business services foreign private limited company based in Navi Mumbai, Maharashtra, India, established in 2016.

2016 Navi Mumbai, Maharashtra, India Amalgamated

Last Updated: July 21, 2025

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About Westerly Retail Private Limited

Westerly Retail Private Limited, a amalgamated foreign private limited company, was established on 10 June 2016 in Navi Mumbai, Maharashtra, India. Engaging in mall & retail management within the real estate sector, it holds CIN: U45201MH2016FTC282287. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹45.40 Cr.

It upholds a compliant status. Employing 35 professional, Its leadership includes Jayen Ajit Naik (Nominee Director), Nilesh Kumar Singh (Nominee Director). Past directors included Vikram Garg, Harsha Gome, David Robert Mcclure. It holds no open charges and ₹950.00 Cr settled loans. Its latest AGM occurred on 10 August 2023, with the balance sheet filed on 31 March 2023. It is based at Seawoods Grand Central,Mall Mngt. Office, Lower Gr. Flr, Plot No.R-1,Sec.40 Node N, Erul,, Navi Mumbai, Maharashtra, 400706.

Company Details

CIN/LLPIN
U45201MH2016FTC282287
Registration Number
282287
Incorporation Date
10 June 2016
Authorized Capital
₹50.00 Cr
Paid-Up Capital
₹45.40 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 50.00 Cr as on 21-07-2025
Paid Up Capital ₹ 45.40 Cr as on 21-07-2025
Company Age 9 Year, 9 Months
Last Filing with ROC 31 Mar 2023
Satisfied Charges ₹ 950.00 Cr as on 21-07-2025
Revenue Growth **** 46.92% (FY 2023)
Profit Growth **** 30.68% (FY 2023)
Ebitda **** 124.10% (FY 2023)
Net Worth -458.93% (FY 2023)
Total Assets **** 1.84% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Westerly Retail 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 Westerly Retail Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Jayen Ajit Naik	Nominee Director	12 May 2023	Current
Nilesh Kumar Singh	Nominee Director	12 May 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	30 Aug 2022	Past
Pramod Abcsdd	Company Secretary	31 Mar 2022	Past
Pramod Abcsdd	Director	22 Apr 2022	Past
Pramod Abcsdd	Additional Director	03 Sep 2021	Past
Pramod Abcsdd	Company Secretary	-	Past
Pramod Abcsdd	Cfo(Kmp)	31 Mar 2022	Past

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Financial Performance of Westerly Retail.

Westerly Retail Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.92% increase. The company also saw a substantial improvement in profitability, with a 30.68% increase in profit. The company's net worth observed a substantial decline by a decrease of 458.93%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

46.92%

*******

Revenue from Operations

*******

47.25%

*******

Total Assets

*******

1.84%

*******

Profit or Loss

*******

30.68%

*******

Net Worth

*******

-458.93%

*******

EBITDA

*******

124.10%

*******

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What is the Ownership and Shareholding Structure of Westerly Retail?

In 2023, Westerly Retail had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹9,500,000,000.00

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 950.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
07 Mar 2017	Idbi Trusteeship Services Limited	₹950.00 Cr	Satisfied

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How Many Employees Work at Westerly Retail?

Westerly Retail has a workforce of 35 employees as of Apr 07, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Westerly Retail, 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 Westerly Retail's trajectory.

Rating

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Alerts

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.

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Latest Updates, News, and FAQs on Westerly Retail

Recent Activity within the Organization

Annual General Meeting

Progress on Westerly Retail Private Limited last Annual general meeting of members was held on 10 Aug 2023 as per latest MCA records. was documented.
10 Aug 2023
Director Appointment

The activity Jayen Ajit Naik was appointed as a Nominee Director was appointed as a Nominee Director on 12 May 2023 & has been associated with this company since 2 years 10 months . was completed.
12 May 2023
Director Appointment

Nilesh Kumar Singh was appointed as a Nominee Director was appointed as a Nominee Director on 12 May 2023 & has been associated with this company since 2 years 10 months . was recorded as a recent event.
12 May 2023
Balance Sheet

The activity Westerly Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai. was completed.
31 Mar 2023
Director Appointment

The activity Rajesh Kumar Jain was appointed as a CFO was appointed as a CFO on 27 Aug 2022 & has been associated with this company since 3 years 7 months . was completed.
27 Aug 2022
Director Appointment

Progress on Rahil Nasir Hussain Ajani was appointed as a CEO was appointed as a CEO on 02 May 2022 & has been associated with this company since 3 years 10 months . was documented.
02 May 2022

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