Wika Process Solutions India Private Limited

Founded in 1979 and headquartered in Haryana, India.

1979 | Faridabad, Haryana (India) | Active
Last Updated: January 24, 2025

Wika Process Solutions India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.35 M
  • Company Age 45 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.75 Cr
  • Satisfied Charges ₹ 18.89 Cr
  • Revenue Growth -12.87%
  • Profit Growth -61.69%
  • Ebitda -48.00%
  • Net Worth 10.26%
  • Total Assets 2.58%

About Wika Process Solutions India

Wika Process Solutions India Private Limited (WPSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 November 1979 and has a history of 45 years and two months. Its registered office is in Faridabad, Haryana, India.

The Corporate was formerly known as Micro Precision Products Pvt Ltd. 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.35 M.

The company currently has active open charges totaling ₹3.75 Cr. The company has closed loans amounting to ₹18.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

Alexander Wiegand, Gaurav Bawa, Sandeep Khole, and One other member serve as directors at the Company.

Company Details

  • Location

    Faridabad, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899HR1979PTC067259

  • Company No.

    067259

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 1979

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Wika Process Solutions India Private Limited offer?

Wika Process Solutions India Private Limited offers a wide range of products and services, including PVC, FRP, HDPE & Other Plastic Pipes, Industrial Plastic Pipes, Industrial Valves & Valve Fittings, Industrial Valves, Shut-Off Valves, Milling & Grinding Tools, Grinding Parts, Flanges & Flanged Fittings, Steel Flanges, Oxygen & Nitrogen Gas Plants.

Who are the key members and board of directors at Wika Process Solutions India?

Executive Team (1)

NameDesignationAppointment DateStatus
Gaurav Bawa Country flag representing In Managing Director06-Jul-2017Current

Board Members (3)

NameDesignationAppointment DateStatus
Alexander Wiegand Country flag representing De Director 12-Sep-2014Current
Sandeep Khole Country flag representing In Director 22-May-2014Current
Andreas Keiger Country flag representing De Director 12-Aug-2020Current

Financial Performance of Wika Process Solutions India.

Wika Process Solutions India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.87% decrease. The company also saw a substantial fall in profitability, with a 61.69% decrease in profit. The company's net worth Soared by an impressive increase of 10.26%.

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
-12.87%
Revenue from Operations
-12.75%
Total Assets
2.58%
Profit or Loss
-61.69%
Net Worth
10.26%
EBITDA
-48.00%

What is the Ownership and Shareholding Structure of Wika Process Solutions India?

In 2023, Wika Process Solutions India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.50 M

Satisfied Charges

₹188.93 M

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 3.75 Cr

Latest Charge Details

DateLenderAmountStatus
06 Aug 2014The Hongkong And Shanghai Banking Corporation Limited₹3.75 CrOpen
19 May 2008Small Industries Development Bank Of India₹2.25 CrSatisfied
08 Mar 2007Canara Bank₹2.00 CrSatisfied
08 Mar 2007Canara Bank₹3.10 CrSatisfied
08 Mar 2007Canara Bank₹1.00 CrSatisfied

How Many Employees Work at Wika Process Solutions India?

Wika Process Solutions India has a workforce of 182 employees as of Apr 07, 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 Wika Process Solutions 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 Wika Process Solutions 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 Wika Process Solutions India

Recent activity within the organization

  • Charges

    A charge registered on 08 Mar 2007 via Charge ID 10047607 with Canara Bank was fully satisfied on 28 Dec 2023.

    28 Dec 2023

  • Annual General Meeting

    Wika Process Solutions 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

    Wika Process Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 37.50 M registered on 06 Aug 2014 with Charge ID 10524550 was modified on 27 Jul 2022.

    27 Jul 2022

  • Director Appointment

    Andreas Keiger was appointed as a Director was appointed as a Director on 12 Aug 2020 & has been associated with this company since 4 years 5 months .

    12 Aug 2020

  • Director Appointment

    Gaurav Bawa was appointed as a Managing Director was appointed as a Managing Director on 06 Jul 2017 & has been associated with this company since 7 years 6 months .

    06 Jul 2017

Frequently asked questions

  • Wika Process Solutions India Private Limited was incorporated on 09 Nov 1979.

  • The authorized share capital of Wika Process Solutions India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.35 M.

  • Currently 4 directors are associated with Wika Process Solutions India Private Limited.

    • Alexander Konard Wiegand
    • Gaurav Bawa
    • Sandeep Digamber Khole
    • Andreas Keiger
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wika Process Solutions India Private Limited is H.B No. 40 Revenue Estate Vill-Dudhola, Tehsil Dist.- India, Palwal, Haryana, 121102.

  • The corporate identification number (CIN) of Wika Process Solutions India Private Limited is U74899HR1979PTC067259 and the company number is 067259 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wika Process Solutions India Private Limited is https://www.flowelements.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wika Process Solutions India Private Limited has fallen by -12.87%.

  • As Per 2023 financial reports, 182 employees are currently employed by Wika Process Solutions India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wika Process Solutions India Private Limited has experienced an upsurge of 10.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Wika Process Solutions India Private Limited amount to ₹ 3.75 Cr.

  • The most recent Balance Sheet for Wika Process Solutions India Private Limited was filed with the ROC on 31 Mar 2023.

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