
Wetake Express Logistics Private Limited
About Wetake Express Logistics Private Limited
Data last updated:
Wetake Express Logistics Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 16 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63032GJ2020PTC113176. Its GSTIN is 24AAECF0494J1ZM (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Dineshbhai Kanabhai Solanki and Arasibhai Hardasbhai Solanki.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.23 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹1.6 Lakh (net margin -130.2%) and EBITDA of -₹1.27 Lakh (EBITDA margin -103.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Wetake Express Logistics Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered Address9th/F – 08 Safal Prelude B/H Ashwaraj Bunglows, 100Ft. Road Prahladnagar Vejalpur, Ahmedabad, Gujarat, India – 380015
- IndustryTransport and Logistics, Express Logistics
- 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
Business activity
The main business activity of Wetake Express Logistics is transport and storage. In detail, this covers postal & courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H7 | Postal & Courier activities |
To see the full business activity and turnover split of Wetake Express Logistics Private Limited, buy the company report.
Financials of Wetake Express Logistics Private Limited
FY 2023 filings availableWetake Express Logistics Private Limited reported revenue of ₹1.23 Lakh (down 55% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 55% in the latest year. EBITDA fell 35% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| 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 | -₹1.27 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.6 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -103.1% | |||
| Net Profit Margin | -130.2% | |||
| 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 | ||||
To see the full financial statements and ratios of Wetake Express Logistics Private Limited, buy the company report.
Board of directors of Wetake Express Logistics Private Limited
Wetake Express Logistics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dineshbhai Kanabhai Solanki | Director | 16 Mar 2020 | 6 Years 7 Months | Current |
| Arasibhai Hardasbhai Solanki | Director | 16 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
Wetake Express Logistics Private Limited is compared with the 4 companies closest to it by revenue in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Quickdee Private Limited | ₹1.43 Lakh (FY 2021) | Delhi, India | ||||
| Om Sai Courier and Cargo Private Limited | ₹1.26 Lakh (FY 2023) | -84.0% | New Delhi, Delhi, India | |||
| Wetake Express Logistics Private Limitedthis company | ₹1.23 Lakh (FY 2023) | -₹1.6 Lakh | -130.2% | -55.0% | Ahmedabad, Gujarat, India | |
| Mshipper India Private Limited | ₹1.06 Lakh (FY 2017) | 60.0% | New Delhi, Delhi, India | |||
| Services24 Express Private Limited | ₹1.01 Lakh (FY 2021) | Jaipur, Rajasthan, India |
To see the full peer comparison of Wetake Express Logistics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Wetake Express Logistics Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Wetake Express Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Wetake Express Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECF0494J1ZM | Gujarat | Active | 03 Jun 2020 |
To see the full GST registrations and return filing status of Wetake Express Logistics Private Limited, buy the company report.
Recent activity
Wetake Express Logistics Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Arasibhai Hardasbhai Solanki was appointed as Director on 16 Mar 2020.
Frequently asked questions
Wetake Express Logistics is an active private limited company based in Ahmedabad, Gujarat, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 16 March 2020 (6+ years old) and is registered under CIN U63032GJ2020PTC113176.
Wetake Express Logistics has 2 current directors:
- Dineshbhai Kanabhai Solanki - Director
- Arasibhai Hardasbhai Solanki - Director
The latest financial statements of Wetake Express Logistics on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Wetake Express Logistics is 24AAECF0494J1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Wetake Express Logistics is U63032GJ2020PTC113176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wetake Express Logistics was incorporated on 16 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Wetake Express Logistics by revenue are Quickdee Private Limited, Om Sai Courier and Cargo Private Limited, Mshipper India Private Limited, Services24 Express Private Limited, all in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal & courier activities).
Arasibhai Hardasbhai Solanki was appointed as Director on 16 Mar 2020. Dineshbhai Kanabhai Solanki was appointed as Director on 16 Mar 2020.
The registered office of Wetake Express Logistics is at 9thF – 08 Safal Prelude BH Ashwaraj Bunglows, 100Ft. Road Prahladnagar Vejalpur, Ahmedabad, Gujarat, India – 380015.
Wetake Express Logistics operates in the transport and logistics industry, in the express logistics segment.
The compliance status of Wetake Express Logistics is compliant as of 26 July 2026. The company is actively filing with the Registrar of Companies.

