Duraweld Engineering Private Limited

Manufactures and sells wear-resistant plates, welding products, and provides job works.

2019 | Nagpur, Maharashtra (India) | Active
Last Updated: July 01, 2024

Duraweld Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.00 M
  • Company Age 5 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 M
  • Revenue Growth -54.94%
  • Profit Growth 69.06%
  • Ebitda 69.51%
  • Net Worth 102.73%
  • Total Assets -97.88%

About Duraweld Engineering

Duraweld Engineering Private Limited (DEPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 November 2019 (Five years and two months 26 days old ). Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Vautid Duraweld 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 1.00 Cr and a paid-up capital of Rs 9.00 M.

The company currently has active open charges totaling ₹5.00 M.

Sumedh Shekhar and Nikhil Patwardhan serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28110MH2019PTC333454

  • Company No.

    333454

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment
Manufacturing

Who are the key members and board of directors at Duraweld Engineering?

Board Members (2)

Name Designation Appointment Date Status
Sumedh Shekhar Country flag representing In Director 22-Nov-2019 Current
Nikhil Patwardhan Country flag representing In Director 22-Nov-2019 Current

Financial Performance of Duraweld Engineering.

Duraweld Engineering Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 54.94% decrease. The company also saw a substantial improvement in profitability, with a 69.06% increase in profit. The company's net worth Soared by an impressive increase of 102.73%.

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
-54.94%
Revenue from Operations
-54.96%
Total Assets
-97.88%
Profit or Loss
69.06%
Net Worth
102.73%
EBITDA
69.51%

What is the Ownership and Shareholding Structure of Duraweld Engineering?

In 2023, Duraweld Engineering 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

₹0.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
17 Jul 2021 Others ₹5.00 M Open

How Many Employees Work at Duraweld Engineering?

Duraweld Engineering has a workforce of 36 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Duraweld Engineering, 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 Duraweld Engineering'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 Duraweld Engineering

Recent activity within the organization

  • Annual General Meeting

    Duraweld Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Duraweld Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100459901 was registered on 17 Jul 2021.

    17 Jul 2021

  • Director Appointment

    Sumedh Patwardhan Shekhar was appointed as a Director was appointed as a Director on 22 Nov 2019 & has been associated with this company since 5 years 2 months .

    22 Nov 2019

  • Director Appointment

    Nikhil Jayant Patwardhan was appointed as a Director was appointed as a Director on 22 Nov 2019 & has been associated with this company since 5 years 2 months .

    22 Nov 2019

  • Company Incorporation

    Duraweld Engineering Private Limited was registered on 22 Nov 2019 with Roc Mumbai & aged 5 years 2 months as per MCA records.

    22 Nov 2019

Frequently asked questions

  • Duraweld Engineering Private Limited was incorporated on 22 Nov 2019.

  • The authorized share capital of Duraweld Engineering Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.00 M.

  • Currently 2 directors are associated with Duraweld Engineering Private Limited.

    • Sumedh Patwardhan Shekhar
    • Nikhil Jayant Patwardhan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Duraweld Engineering Private Limited is U 139 Midc Hingna Rd Nagpur, Maharashtra, India, 440016.

  • The corporate identification number (CIN) of Duraweld Engineering Private Limited is U28110MH2019PTC333454 and the company number is 333454 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Duraweld Engineering Private Limited has fallen by -54.94%.

  • As Per 2023 financial reports, 36 employees are currently employed by Duraweld Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Duraweld Engineering Private Limited has experienced an upsurge of 102.73%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Duraweld Engineering Private Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Duraweld Engineering Private Limited was filed with the ROC on 31 Mar 2023.

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