Trust Well Engineers (India) Private Limited

Manufactures waste heat boilers and processing equipment for heat recovery.

2010 | Pune, Maharashtra (India) | Active
Last Updated: October 24, 2024

Trust Well Engineers (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.41 M
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.44 Cr
  • Satisfied Charges ₹ 1.75 M
  • Revenue Growth 24.15%
  • Profit Growth -10.72%
  • Ebitda 21.60%
  • Net Worth 20.00%
  • Total Assets 30.77%

About Trust Well Engineers (India)

Trust Well Engineers (India) Private Limited (TWEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 September 2010 and has a history of 14 years and five months. Its registered office is in Pune, Maharashtra, India.

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 1.00 Cr and a paid-up capital of Rs 6.41 M.

The company currently has active open charges totaling ₹13.44 Cr. The company has closed loans amounting to ₹1.75 M, as per Ministry of Corporate Affairs (MCA) records.

Dilip Ambekar, Vimal Ambekar, Jyoti Ambekar, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29254PN2010PTC137276

  • Company No.

    137276

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Sep 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Trust Well Engineers (India) Private Limited offer?

Trust Well Engineers (India) Private Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Heat Exchanger Parts, Heat Exchangers, Boilers & Boiler Parts, Industrial Boilers, Heater, Thermostat & Heating Devices, Industrial Heaters, Boiler Accessories, Soot Blowers.

Who are the key members and board of directors at Trust Well Engineers (India)?

Board Members (4)

Name Designation Appointment Date Status
Dilip Ambekar Country flag representing In Director 07-Sep-2010 Current
Vimal Ambekar Country flag representing In Director 07-Sep-2010 Current
Jyoti Ambekar Country flag representing In Director 07-Sep-2010 Current
Manali Ambekar Country flag representing In Director 24-Dec-2014 Current

Financial Performance of Trust Well Engineers (India).

Trust Well Engineers (India) Private Lim Ited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.15% increase. The company also saw a substantial fall in profitability, with a 10.72% decrease in profit. The company's net worth Soared by an impressive increase of 20%.

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
24.15%
Revenue from Operations
24.45%
Total Assets
30.77%
Profit or Loss
-10.72%
Net Worth
20.00%
EBITDA
21.60%

What is the Ownership and Shareholding Structure of Trust Well Engineers (India)?

In 2023, Trust Well Engineers (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

₹13.44 Cr

Satisfied Charges

₹0.18 Cr

Charges Breakdown by Lending Institutions

  • Others : 13.44 Cr

Latest Charge Details

Date Lender Amount Status
05 Apr 2022 Others ₹2.45 M Open
04 Apr 2022 Others ₹2.45 M Open
17 Sep 2021 Others ₹1.20 Cr Open
30 Jun 2020 Others ₹3.91 M Open
25 Jun 2020 Others ₹3.91 M Open

How Many Employees Work at Trust Well Engineers (India)?

Trust Well Engineers (India) has a workforce of 28 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Trust Well Engineers (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 Trust Well Engineers (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 Trust Well Engineers (India)

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 6.60 Cr registered on 12 Feb 2019 with Charge ID 100241256 was modified on 06 May 2024.

    06 May 2024

  • Annual General Meeting

    Trust Well Engineers (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

    Trust Well Engineers (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 4.00 Cr registered on 03 Dec 2011 with Charge ID 10325399 was modified on 14 Oct 2022.

    14 Oct 2022

  • Charges

    A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100581371 was registered on 05 Apr 2022.

    05 Apr 2022

  • Charges

    A charge with Others amounted to Rs. 0.25 Cr with Charge ID 100581385 was registered on 04 Apr 2022.

    04 Apr 2022

Frequently asked questions

  • Trust Well Engineers (India) Private Limited was incorporated on 07 Sep 2010.

  • The authorized share capital of Trust Well Engineers (India) Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.41 M.

  • Currently 4 directors are associated with Trust Well Engineers (India) Private Limited.

    • Dilip Vinayak Ambekar
    • Vimal Vinayak Ambekar
    • Jyoti Dilip Ambekar
    • Manali Dilip Ambekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Trust Well Engineers (India) Private Limited is Office No. 403 Swojas One Ideal Colony S.No.129/1 Cts 778, Kothrud India, Pune City, Maharashtra, 411038.

  • The corporate identification number (CIN) of Trust Well Engineers (India) Private Limited is U29254PN2010PTC137276 and the company number is 137276 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Trust Well Engineers (India) Private Limited is https://www.trustwellindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Trust Well Engineers (India) Private Limited has risen by 24.15%.

  • As Per 2023 financial reports, 28 employees are currently employed by Trust Well Engineers (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Trust Well Engineers (India) Private Limited has experienced an upsurge of 20.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Trust Well Engineers (India) Private Limited amount to ₹ 13.44 Cr.

  • The most recent Balance Sheet for Trust Well Engineers (India) Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Industrial Machinery Manufacturing