Precision Weldarc Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
as on 23-10-2024
- Paid Up Capital ₹ 3.93 Cr
as on 23-10-2024
- Company Age 18 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 18.88 Cr
as on 23-10-2024
- Satisfied Charges ₹ 25.35 Cr
as on 23-10-2024
- Revenue 49.10%
(FY 2023)
- Profit 75.01%
(FY 2023)
- Ebitda 319.25%
(FY 2023)
- Net Worth 13.25%
(FY 2023)
- Total Assets 28.26%
(FY 2023)
About Precision Weldarc
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 4.50 Cr and a paid-up capital of Rs 3.93 Cr.
The company currently has active open charges totaling ₹18.88 Cr. The company has closed loans amounting to ₹25.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tanay Moosaddee, Umesh Goenka, and Neelu Moosaddee serve as directors at the Company.
- CIN/LLPIN
U27209WB2006PLC108826
- Company No.
108826
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
31 Mar 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Company Details
- Location14G, Everest House, Kol-700071, West Bengal
- Telephone
- Email Address
- Website
- Social Media
What products or services does Precision Weldarc Limited offer?
Precision Weldarc Limited offers a wide range of products and services, including Metal and Alloy Wires, Welding Wires, Welding Equipments & Machinery, Welding Compounds, Agglomerated Flux, Saw Welding Wires, Metal Wire, Welding Flux, Alloy Wire, MIG Welding Wire.
Who are the key members and board of directors at Precision Weldarc?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tanay Moosaddee  | Whole-Time Director | 31-Mar-2006 | Current |
| Umesh Goenka | Whole-Time Director | 31-Mar-2006 | Current |
| Neelu Moosaddee | Director | 31-Mar-2006 | Current |
Financial Performance and Corporate Structure Insights of Precision Weldarc.
Precision Weldarc Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.1% increase. The company also saw a substantial improvement in profitability, with a 75.01% increase in profit. The company's net worth Soared by an impressive increase of 13.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Precision Weldarc?
In 2023, Precision Weldarc had a promoter holding of 30.52% and a public holding of 69.48%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 31 Jul 2023 | ₹18.50 Cr | Open |
Others Creation Date: 31 Jul 2023 | ₹1.90 M | Open |
Others Creation Date: 31 Jul 2023 | ₹1.90 M | Open |
How Many Employees Work at Precision Weldarc?
Precision Weldarc has a workforce of 28 employees as of Apr 04, 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 Precision 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 Precision Weldarc'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.
