The Wesman Engineering Company Profile
Key Indicators
- Authorised Capital ₹ 19.50 Cr
- Paid Up Capital ₹ 19.00 Cr
- Company Age 73 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 49.23 Cr
- Revenue Growth 10.26%
- Profit Growth 86.12%
- Ebitda 28.36%
- Net Worth -1.27%
- Total Assets -11.86%
About The Wesman Engineering Company
The Wesman Engineering Company Private Limited (TWECPL) was founded in India on 08 August 1951 and has a glorious history of 73 years and six months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as The Western Manufacturing Comapny 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 2023. It's a company limited by shares with an authorized capital of Rs 19.50 Cr and a paid-up capital of Rs 19.00 Cr.
The company currently has active open charges totaling ₹49.23 Cr.
The Key Managerial Personnel (KMP) at The Wesman Engineering Company Private Limited India is Arun Punwani as COMPANY SECRETARY. Rajan Vaswani, Monica Vaswani, Anil Vaswani, and Two other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29292WB1951PTC019898
- Company No.
019898
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Aug 1951
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Machinery and Equipment
What products or services does The Wesman Engineering Company Private Limited offer?
The Wesman Engineering Company Private Limited offers a wide range of products and services, including Boilers & Boiler Parts, Boiler Fittings, Industrial Furnaces & Ovens, Rotary Furnaces, Heater, Thermostat & Heating Devices, Room Heaters, Welding Equipments & Machinery, Welding Torches, Industrial Mixers & Homogenizers, Sand Mixer.
Who are the key members and board of directors at The Wesman Engineering Company?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Vaswani  | Managing Director | 26-Sep-2006 | Current |
| Arun Punwani | Company Secretary | 01-Oct-1994 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nikhil Vaswani | Director | 30-Mar-2010 | Current |
| Rajan Vaswani | Director | 01-Nov-1975 | Current |
| Monica Vaswani | Director | 01-Jul-2014 | Current |
| Sunil Vaswani | Director | 12-Nov-2013 | Current |
Financial Performance of The Wesman Engineering Company.
The Wesman Engineering Company Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.26% increase. The company also saw a substantial improvement in profitability, with a 86.12% increase in profit. The company's net worth dipped by a decrease of 1.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of The Wesman Engineering Company?
In 2023, The Wesman Engineering Company had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nutec Bickley Wesman Kilns Private LimitedAnil Vaswani and Nikhil Vaswani are mutual person
- Wesman Thermal Engineering Processes Pvt Ltd
Rajan Vaswani, Monica Vaswani and 3 more are mutual person
- Wesman Enterprises Private Limited
Anil Vaswani and Nikhil Vaswani are mutual person
- Wesman Simpson Technologies Private Limited
Anil Vaswani is a mutual person
Aquaphene LlpRajan Vaswani is a mutual person
- Aldebaran Property Development Llp
Monica Vaswani, Anil Vaswani and 2 more are mutual person
Charges (Loans)
Open Charges
₹49.23 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 48.61 Cr
- Hdfc Bank Limited : 0.62 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Apr 2022 | Hdfc Bank Limited | ₹1.10 M | Open |
| 04 Jan 2022 | Hdfc Bank Limited | ₹0.88 M | Open |
| 12 Nov 2021 | Hdfc Bank Limited | ₹1.22 M | Open |
| 23 Jul 2021 | Hdfc Bank Limited | ₹1.24 M | Open |
| 25 Nov 2020 | Standard Chartered Bank | ₹9.00 M | Open |
How Many Employees Work at The Wesman Engineering Company?
Unlock and access historical data on people associated with The Wesman Engineering Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of The Wesman Engineering Company, 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 The Wesman Engineering Company'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.
Latest Updates, News, and FAQs on The Wesman Engineering Company
Recent activity within the organization
- Annual General Meeting
The Wesman Engineering Company Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
The Wesman Engineering Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100567064 was registered on 26 Apr 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100522888 was registered on 04 Jan 2022.
- Charges
A charge with Standard Chartered Bank of Rs. 1.50 Cr registered on 23 Feb 2016 with Charge ID 10623896 was modified on 22 Dec 2021.
- Charges
A charge with Standard Chartered Bank of Rs. 16.30 Cr registered on 29 Nov 2006 with Charge ID 10026159 was modified on 22 Dec 2021.
Frequently asked questions
What is the Incorporation or founding date of The Wesman Engineering Company Private Limited?
The Wesman Engineering Company Private Limited was incorporated on 08 Aug 1951.
What is authorized share capital and paid-up capital of The Wesman Engineering Company Private Limited?
The authorized share capital of The Wesman Engineering Company Private Limited is ₹ 19.50 Cr and paid-up capital is ₹ 19.00 Cr.
Who are the current board members & directors of The Wesman Engineering Company Private Limited?
Currently 6 directors are associated with The Wesman Engineering Company Private Limited.
- Rajan Arjan Vaswani
- Monica Vaswani
- Anil Vaswani
- Nikhil Vaswani
- Sunil Vaswani
- Arun Punwani
What is the registered address of The Wesman Engineering Company Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of The Wesman Engineering Company Private Limited is Wesman Center 8 Mayfair Road India, Kolkata, West Bengal, 700019.
What is the corporate identification number (CIN) and company number of The Wesman Engineering Company Private Limited?
The corporate identification number (CIN) of The Wesman Engineering Company Private Limited is U29292WB1951PTC019898 and the company number is 019898 as per Ministry of Corporate Affairs (MCA).
What is the official website of The Wesman Engineering Company Private Limited?
The Official website of The Wesman Engineering Company Private Limited is https://www.wesman.com
What has been the recent revenue trend for The Wesman Engineering Company Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for The Wesman Engineering Company Private Limited has risen by 10.26%.
What change has been observed in the net worth of The Wesman Engineering Company Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of The Wesman Engineering Company Private Limited has experienced an downturn of -1.27%.
What are the total open charges for The Wesman Engineering Company Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for The Wesman Engineering Company Private Limited amount to ₹ 49.23 Cr.
When was the last Balance Sheet of The Wesman Engineering Company Private Limited filed with the ROC?
The most recent Balance Sheet for The Wesman Engineering Company Private Limited was filed with the ROC on 31 Mar 2023.
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