Downhole Tools Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 5 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.25 Cr
- Satisfied Charges ₹ 0.51 M
- Revenue Growth 107.66%
- Profit Growth 85.25%
- Ebitda 100.61%
- Net Worth 49.67%
- Total Assets 74.08%
About Downhole Tools
Downhole Tools Private Limited (DTPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 July 2019 (Five years and seven months 1 days old ). Its registered office is in Gurgaon, Haryana.
The Corporate was formerly known as Wellcare Downhole Tools Private Limited. The Company is engaged in the Machinery And Equipment 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹2.25 Cr. The company has closed loans amounting to ₹0.51 M, as per Ministry of Corporate Affairs (MCA) records.
Satish Kumar, Surender Yadav, Paramjeet Yadav, and One other member serve as directors at the Company.
Company Details
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LocationGurgaon, Haryana
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29309HR2019PTC081325
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Company No.
081325
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
05 Jul 2019
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Date of AGM
24 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Downhole Tools?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surender Yadav
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Managing Director | 05-Jul-2019 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Satish Kumar
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Director | 05-Jul-2019 | Current |
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Paramjeet Yadav
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Director | 25-Jun-2020 | Current |
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Yogesh Yadav
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Director | 16-Aug-2022 | Current |
Financial Performance of Downhole Tools.
Downhole Tools Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 107.66% increase. The company also saw a substantial improvement in profitability, with a 85.25% increase in profit. The company's net worth Soared by an impressive increase of 49.67%.
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What is the Ownership and Shareholding Structure of Downhole Tools?
In 2023, Downhole Tools had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Wellcare Oil Tools Private LimitedSatish Kumar, Surender Yadav and 2 more are mutual person
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Wellcare Oil Tools Unit-Ii Private Limited
Satish Kumar, Surender Yadav and 2 more are mutual person
Charges (Loans)
₹22.50 M
₹0.51 M
Charges Breakdown by Lending Institutions
- Others : 1.50 Cr
- Hdfc Bank Limited : 0.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2022 | Others | ₹1.50 Cr | Open |
| 28 Jun 2022 | Hdfc Bank Limited | ₹7.50 M | Open |
| 17 Nov 2020 | Hdfc Bank Limited | ₹0.51 M | Satisfied |
How Many Employees Work at Downhole Tools?
Downhole Tools has a workforce of 16 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Downhole Tools, 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 Downhole Tools's trajectory.
Rating
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
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.