Accurate Weldarc Private Limited

Manufacturer of welding electrodes, steel wires, and related products for domestic and international markets.

2008 | Raipur, Chattisgarh (India) | Active
Last Updated: November 16, 2024

Accurate Weldarc Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.98 M
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.48 Cr
  • Satisfied Charges ₹ 6.80 Cr
  • Revenue Growth 9.75%
  • Profit Growth -75.03%
  • Ebitda -30.53%
  • Net Worth 0.79%
  • Total Assets 14.04%

About Accurate Weldarc

Accurate Weldarc Private Limited (AWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 February 2008 and has a history of 16 years and 11 months. Its registered office is in Raipur, Chattisgarh, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 3.98 M.

The company currently has active open charges totaling ₹16.48 Cr. The company has closed loans amounting to ₹6.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jitender Kaur, Daljeet Saimbhi, and Divyajeet Saimbhi serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    accuratearc.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31300CT2008PTC020584

  • Company No.

    020584

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Manufacturing

Who are the key members and board of directors at Accurate Weldarc?

Board Members (3)

NameDesignationAppointment DateStatus
Daljeet Saimbhi Country flag representing In Director 27-Feb-2008Current
Jitender Kaur Country flag representing In Director 27-Feb-2008Current
Divyajeet Saimbhi Country flag representing In Director 08-May-2018Current

Financial Performance of Accurate Weldarc.

Accurate Weldarc Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.75% increase. The company also saw a substantial fall in profitability, with a 75.03% decrease in profit. The company's net worth moved up by a moderate rise of 0.79%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
9.75%
Revenue from Operations
8.85%
Total Assets
14.04%
Profit or Loss
-75.03%
Net Worth
0.79%
EBITDA
-30.53%

What is the Ownership and Shareholding Structure of Accurate Weldarc?

In 2022, Accurate Weldarc had a promoter holding of 77.65% and a public holding of 22.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹164.83 M

Satisfied Charges

₹68.00 M

Charges Breakdown by Lending Institutions

  • Others : 15.19 Cr
  • Sidbi : 0.82 Cr
  • Dena Bank : 0.24 Cr
  • Hdfc Bank Limited : 0.19 Cr
  • Axis Bank Limited : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jul 2024Sidbi₹8.20 MOpen
15 May 2024Others₹2.50 CrOpen
22 Jun 2023Others₹4.12 MOpen
10 Jun 2022Hdfc Bank Limited₹1.85 MOpen
26 Oct 2017Dena Bank₹2.00 MOpen

How Many Employees Work at Accurate Weldarc?

Accurate Weldarc has a workforce of 87 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Accurate Weldarc, 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 Accurate Weldarc's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Accurate Weldarc

Recent activity within the organization

  • Annual General Meeting

    Accurate Weldarc Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Sidbi amounted to Rs. 8.20 M with Charge ID 100945526 was registered on 02 Jul 2024.

    02 Jul 2024

  • Charges

    A charge with Others amounted to Rs. 25.00 M with Charge ID 100927540 was registered on 15 May 2024.

    15 May 2024

  • Balance Sheet

    Accurate Weldarc Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 4.12 M with Charge ID 100738168 was registered on 22 Jun 2023.

    22 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.85 M with Charge ID 100597367 was registered on 10 Jun 2022.

    10 Jun 2022

Frequently asked questions

  • Accurate Weldarc Private Limited was incorporated on 27 Feb 2008.

  • The authorized share capital of Accurate Weldarc Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.98 M.

  • Currently 3 directors are associated with Accurate Weldarc Private Limited.

    • Jitender Kaur
    • Daljeet Singh Saimbhi
    • Divyajeet Singh Saimbhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Accurate Weldarc Private Limited is Kh.No.195/10, Hirapur Road Village Bana India, Raipur, Chattisgarh, 492001.

  • The corporate identification number (CIN) of Accurate Weldarc Private Limited is U31300CT2008PTC020584 and the company number is 020584 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Accurate Weldarc Private Limited is https://www.accuratearc.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Accurate Weldarc Private Limited has risen by 9.75%.

  • As Per 2023 financial reports, 87 employees are currently employed by Accurate Weldarc Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Accurate Weldarc Private Limited has experienced an upsurge of 0.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Accurate Weldarc Private Limited amount to ₹ 16.48 Cr.

  • The most recent Balance Sheet for Accurate Weldarc Private Limited was filed with the ROC on 31 Mar 2024.