R.D. Weld Products Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 3.92 Cr
as on 16-11-2024
- Company Age 27 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 17.77 Cr
as on 16-11-2024
- Satisfied Charges ₹ 56.50 Cr
as on 16-11-2024
- Revenue 58.86%
(FY 2023)
- Profit 171.71%
(FY 2023)
- Ebitda 59.78%
(FY 2023)
- Net Worth 18.46%
(FY 2023)
- Total Assets 15.21%
(FY 2023)
About R.D. Weld Products
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 4.00 Cr and a paid-up capital of Rs 3.92 Cr.
The company currently has active open charges totaling ₹17.77 Cr. The company has closed loans amounting to ₹56.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rashmi Balwani, Manoj Balwani, Akshay Balwani, and One other member serve as directors at the Company.
- CIN/LLPIN
U51909MH1997PTC106836
- Company No.
106836
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Mar 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does R.D. Weld Products Private Limited offer?
R.D. Weld Products Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Welding Wires, Welding Equipments & Machinery, Arc Welding Machines, Welding Machine Parts, Abrasives & Grains, Cutting Abrasives, Welding Torches, Gas Welder, Welding Machine.
Who are the key members and board of directors at R.D. Weld Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manoj Balwani  | Managing Director | 25-Mar-1997 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rashmi Balwani | Whole-Time Director | 15-Jun-2007 | Current |
| Akshay Balwani | Additional Director | 01-Jul-2013 | Current |
| Mehak Balwani | Additional Director | 30-May-2024 | Current |
Financial Performance of R.D. Weld Products.
R.D. Weld Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.86% increase. The company also saw a substantial improvement in profitability, with a 171.71% increase in profit. The company's net worth Soared by an impressive increase of 18.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of R.D. Weld Products?
In 2023, R.D. Weld Products had a promoter holding of 99.85% and a public holding of 0.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Upper Crust Foods Private LimitedActive 13 years 1 monthRashmi Balwani, Manoj Balwani and 2 more are mutual person
- Lean Foods Private LimitedActive 18 years 10 months
Rashmi Balwani and Manoj Balwani are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
The Zoroastrian Co-Operative Bank Limited Creation Date: 01 Jun 2024 | ₹1.50 M | Open |
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 10 Nov 2023 | ₹17.34 Cr | Open |
The Zoroastrian Co-Operative Bank Limited Creation Date: 04 Aug 2023 | ₹2.46 M | Open |
How Many Employees Work at R.D. Weld Products?
R.D. Weld Products has a workforce of 24 employees as of Apr 10, 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 R.D. Weld Products, 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 R.D. Weld Products'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.
