Atharv Welding Technologies (India) Private Limited

Manufactures and trades welding electrodes, ISO certified, established in 2010.

2010 | Solapur, Maharashtra (India) | Active
Last Updated: December 29, 2024

Atharv Welding Technologies (India) Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 8.00 M
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.32 Cr
  • Revenue Growth -23.48%
  • Profit Growth -83.12%
  • Ebitda -53.98%
  • Net Worth 0.54%
  • Total Assets 9.27%

About Atharv Welding Technologies (India)

Atharv Welding Technologies (India) Private Limited (AWTIPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 November 2010 and has a history of 14 years and three months. Its registered office is in Solapur, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 8.00 M and a paid-up capital of Rs 8.00 M.

The company currently has active open charges totaling ₹4.32 Cr.

Siddharam Chitte, Sagar Chitte, Uttam Singh, and Two other members serve as directors at the Company.

Company Details

  • Location

    Solapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    atharvwelding.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28990PN2010PTC137707

  • Company No.

    137707

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Nov 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

What products or services does Atharv Welding Technologies (India) Private Limited offer?

Atharv Welding Technologies (India) Private Limited offers a wide range of products and services, including Welding, Rods, Electrodes & Wires, Welding Electrodes, Steel & Stainless Steel Products, Industrial Steel.

Who are the key members and board of directors at Atharv Welding Technologies (India)?

Board Members (5)

Name Designation Appointment Date Status
Siddharam Chitte Country flag representing In Director 08-Nov-2010 Current
Sagar Chitte Country flag representing In Director 18-Jun-2015 Current
Uttam Singh Country flag representing In Additional Director 11-Mar-2024 Current
Divyanshu Garg Country flag representing In Additional Director 11-Mar-2024 Current
Devender Singh Country flag representing In Additional Director 11-Mar-2024 Current

Financial Performance of Atharv Welding Technologies (India).

Atharv Welding Technologies (India) Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 23.48% decrease. The company also saw a substantial fall in profitability, with a 83.12% decrease in profit. The company's net worth moved up by a moderate rise of 0.54%.

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
-23.48%
Revenue from Operations
-23.14%
Total Assets
9.27%
Profit or Loss
-83.12%
Net Worth
0.54%
EBITDA
-53.98%

What is the Ownership and Shareholding Structure of Atharv Welding Technologies (India)?

In 2019, Atharv Welding Technologies (India) had a promoter holding of 99.50% and a public holding of 0.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.15 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited : 2.00 Cr
  • Others : 0.91 Cr
  • Kallappanna Awade Ichalkaranji Janata Sahakari Bank Limited Ichalkaranji : 0.75 Cr
  • Kallappanna Awade Ichalkaranji Janata Sahakari Bank Limited : 0.36 Cr
  • Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd. : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
04 Jun 2021 Others ₹4.80 M Open
18 Mar 2017 Others ₹4.30 M Open
22 Apr 2016 Kallappanna Awade Ichalkaranji Janata Sahakari Bank Limited Ichalkaranji ₹3.00 M Open
18 Sep 2013 Kallappanna Awade Ichalkaranji Janata Sahakari Bank Limited ₹2.20 M Open
18 Apr 2013 Kallappanna Awade Ichalkaranji Janata Sahakari Bank Limited ₹0.45 M Open

How Many Employees Work at Atharv Welding Technologies (India)?

Atharv Welding Technologies (India) has a workforce of 12 employees as of Mar 25, 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 Atharv Welding Technologies (India), 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 Atharv Welding Technologies (India)'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 Atharv Welding Technologies (India)

Recent activity within the organization

  • Director Appointment

    Uttam Singh was appointed as a Additional Director was appointed as a Additional Director on 11 Mar 2024 & has been associated with this company since 11 months 4 days .

    11 Mar 2024

  • Director Appointment

    Divyanshu Garg was appointed as a Additional Director was appointed as a Additional Director on 11 Mar 2024 & has been associated with this company since 11 months 4 days .

    11 Mar 2024

  • Director Appointment

    Devender Singh was appointed as a Additional Director was appointed as a Additional Director on 11 Mar 2024 & has been associated with this company since 11 months 4 days .

    11 Mar 2024

  • Annual General Meeting

    Atharv Welding Technologies (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Atharv Welding Technologies (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 4.80 M with Charge ID 100454699 was registered on 04 Jun 2021.

    04 Jun 2021

Frequently asked questions

  • Atharv Welding Technologies (India) Private Limited was incorporated on 08 Nov 2010.

  • The authorized share capital of Atharv Welding Technologies (India) Private Limited is ₹ 8.00 M and paid-up capital is ₹ 8.00 M.

  • Currently 5 directors are associated with Atharv Welding Technologies (India) Private Limited.

    • Siddharam Prabhu Chitte
    • Sagar Sidharam Chitte
    • Uttam Singh
    • Divyanshu Garg
    • Devender Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Atharv Welding Technologies (India) Private Limited is A-192 M.I.D.C. Chincholi Tq. Mohol, India, Solapur, Maharashtra, 413255.

  • The corporate identification number (CIN) of Atharv Welding Technologies (India) Private Limited is U28990PN2010PTC137707 and the company number is 137707 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Atharv Welding Technologies (India) Private Limited is https://www.atharvwelding.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Atharv Welding Technologies (India) Private Limited has fallen by -23.48%.

  • As Per 2021 financial reports, 12 employees are currently employed by Atharv Welding Technologies (India) Private Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Atharv Welding Technologies (India) Private Limited has experienced an upsurge of 0.54%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Atharv Welding Technologies (India) Private Limited amount to ₹ 4.32 Cr.

  • The most recent Balance Sheet for Atharv Welding Technologies (India) Private Limited was filed with the ROC on 31 Mar 2023.

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