About Wevin Private Limited
Data last updated:
Wevin Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 17 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA1994PTC015126. Its GSTIN is 29AAACW1349M1ZX (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹4.28 Cr. It was formerly known as Webb India Private Limited and Webb India Limited. It is led by directors including Gireesha Guthigappa Halappa and Mysore Gopinath Pramod.
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 143/E Bommasandraindl. Area I & II Phase Bangalore., Karnataka, India – 560099.
As per the financials filed for FY 2026, the company reported a revenue of ₹172.1 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹19.93 Cr (net margin 11.6%) and EBITDA of ₹31.73 Cr (EBITDA margin 18.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 12% over five years.
The company has about 177 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Wevin. As per MCA filings, the company has open charges of ₹53.87 Cr and satisfied charges of ₹127.09 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 1 case is pending. The company has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹2.51 Cr; the latest was in July 2020. Its 10 peer companies in the Machinery and Equipment industry (Material Handling Equipment) are compared by revenue, 5 larger and 5 smaller; the largest is Sparkline Equipments Private Limited with revenue of ₹201.34 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wevin.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address143/E Bommasandraindl. Area I & II Phase Bangalore., Karnataka, India – 560099
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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 Wevin Private Limited
The main business activity of Wevin is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Wevin Private Limited FY 2025 filings available
Wevin Private Limited reported revenue of ₹172.1 Cr (down 2% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Wevin Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 31% 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 Wevin Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | ₹31.73 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.93 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 Wevin Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.6% | •••• | •••• | •••• | •••• |
| 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 Wevin 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 Wevin Private Limited
Wevin Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sparkline Equipments Private Limited | ₹201.34 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Pimpri, Maharashtra, India |
| Kobelco Cranes India Private Limited | ₹196.23 Cr (FY 2017) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
| Indef Manufacturing Limited | ₹193.69 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Anupam Industries Limited | ₹187.51 Cr (FY 2024) | •••• | •••• | 97.0% | •••• | Vithal Udyognagar, Gujarat, India |
| Krishna Belts Private Limited | ₹179.1 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Sausar, Madhya Pradesh, India |
| Mekins Industries Private Limited | ₹175.6 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Hyderabad, Telangana, India |
| Wam India Private Limited | ₹174.84 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Shahapur, Maharashtra, India |
| Wevin Private Limited this company | ₹172.1 Cr (FY 2026) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| Ferreterro India Private Limited | ₹160.6 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Delhi, India |
| Rollwell Conveyor Private Limited | ₹159.01 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Hindupur, Andhra Pradesh, India |
| Berco Undercarriages (India) Private Limited | ₹157.03 Cr (FY 2018) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Wevin by revenue in the Machinery and Equipment industry (Material Handling Equipment), 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 Wevin Private Limited
Wevin Private Limited is audited by Singhvi Dev and Unni LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Singhvi Dev and Unni LLP | 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 Wevin Private Limited
Wevin has 4 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gireesha Guthigappa Halappa | Director | 16 Aug 2018 | 8 Years 1 Months | Current |
| Mysore Gopinath Pramod | Director | 06 Jun 2003 | 23 Years 4 Months | Current |
| Gautam Nevatia Also directs: Ananya Nevatia Design LLP, Vinar International Private Limited, Vinar Systems Private Limited and 3 more | Director | 17 Jan 1994 | 32 Years 8 Months | Current |
| Ramanujapuram Anandampillai Srinivas | Director | 27 Apr 2017 | 9 Years 5 Months | Current |
Ownership and Shareholding of Wevin 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 Wevin Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2024 | Hdfc Bank Limited | ₹1 Cr | Open |
| 30 Oct 2023 | Hdfc Bank Limited | ₹36.3 Lakh | Open |
| 16 Oct 2023 | Hdfc Bank Limited | ₹87.98 Lakh | Open |
| 27 Mar 2023 | Hdfc Bank Limited | ₹21 Lakh | Open |
| 11 Jan 2023 | Hdfc Bank Limited | ₹21 Lakh | Open |
Total charge records: 24 View all charges
Deals & Funding of Wevin Private Limited
Wevin Private Limited has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹2.51 Cr; the latest was in July 2020.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Rights issue | ₹2.05 Cr | Investors: Vinar International Private Limited , Taggas Industrial Development Limited , 2 individuals |
| Mar 2019 | Rights issue | ₹2.17 Cr | Investors: Vinar International Private Limited , Taggas Industrial Development Limited , 2 individuals |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2014 | Funding round | ₹2.51 Cr | Investors: Vinar International Private Limited |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: South East Industrial Developments Limited |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Wevin Private Limited
Wevin Private Limited has 8 court cases on record: 4 filed by Wevin, 4 filed against it. 1 case is pending and 7 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 1 |
| District courts | 4 | 3 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (MFA) | Filed by the company against an individual | Pending |
| High Court of Karnataka | Tax appeal | Filed against the company by Commissioner of Income Tax | Disposed |
| District court, BENGALURU, Karnataka | Court case (ESI) | Filed by the company against an individual | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by an individual | Disposed |
Full case history
All 8 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 Wevin Private Limited
Wevin operates one associated brand: Wevin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality material handling systems as an integrator. | wevin.co.in |
Employees and EPFO Compliance at Wevin Private Limited
Wevin Private Limited has a workforce of 177 employees as of Apr 06, 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.
Group Structure of Wevin Private Limited
Wevin has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Wevin Technology Centre Private Limited | U72200KA2004PTC033430 | Locked |
Showing major subsidiaries. Total: 1.
Name History of Wevin Private Limited
Wevin has undergone 2 name changes throughout its history. The company was previously known as Webb India Private Limited, and Webb India Limited. The current legal name is Wevin Private Limited.
| Company Name | Status |
|---|---|
| Wevin Private Limited | Current |
| Webb India Private Limited | Previous |
| Webb India Limited | Previous |
CIN History of Wevin Private Limited
Wevin has one previous CIN (Corporate Identification Number): U31909KA1994PLC015126. The current CIN is U31909KA1994PTC015126, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31909KA1994PTC015126 | Current |
| U31909KA1994PLC015126 | Previous |
Recent Activity on Wevin Private Limited
Wevin Private Limited has 14 board changes on record since 1994: 4 appointments and 10 cessations. The latest: Mysore Gopinath Pramod ceased to be Whole-Time Director on 01 Dec 2021.
53 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wevin 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 Wevin 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 Wevin 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 Wevin Private Limited
Wevin has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW1349M1ZX | Karnataka | 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 Wevin 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 Wevin Private Limited
Wevin is an active private limited company based in Bangalore, Karnataka, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 17 January 1994 (32+ years old) and is registered under CIN U31909KA1994PTC015126.
Wevin reported revenue of ₹172.1 Cr for FY 2026 (down 2% YoY).
Wevin has 4 current directors:
- Gireesha Guthigappa Halappa - Director
- Mysore Gopinath Pramod - Director
- Gautam Nevatia - Director
- Ramanujapuram Anandampillai Srinivas - Director
Wevin reported a net profit of ₹19.93 Cr (net margin 11.6%) and EBITDA of ₹31.73 Cr (EBITDA margin 18.4%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Wevin is 11% over three years and 12% over five years. In the latest year (FY 2026) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Wevin is 29AAACW1349M1ZX, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Wevin is U31909KA1994PTC015126. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Wevin has 8 court cases on record: 4 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Wevin was incorporated on 17 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Wevin has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹2.51 Cr; the latest was in July 2020.
The peers of Wevin by revenue are Sparkline Equipments Private Limited, Kobelco Cranes India Private Limited, Indef Manufacturing Limited, Anupam Industries Limited, Krishna Belts Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).