Walzen Strips Private Limited

This company manufactures high-tensile steel strips and sells them under their brand name.

1989 | 24 Parganas, West Bengal (India) | Active
Last Updated:

Walzen Strips Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.76 Cr
  • Company Age 35 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 158.79 Cr
  • Satisfied Charges ₹ 27.31 Cr
  • Revenue Growth 38.94%
  • Profit Growth 42.91%
  • Ebitda 16.70%
  • Net Worth 18.38%
  • Total Assets 14.81%

About Walzen Strips

Walzen Strips Private Limited (WSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 December 1989 and has a history of 35 years and two months. Its registered office is in 24 Parganas, West Bengal, 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 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 5.76 Cr.

The company currently has active open charges totaling ₹158.79 Cr. The company has closed loans amounting to ₹27.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nishit Das, Pallabi Chowdhury, Joydeep Chowdhury, and Two other members serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27209WB1989PTC048023

  • Company No.

    048023

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 1989

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Machinery and Equipment

What products or services does Walzen Strips Private Limited offer?

Walzen Strips Private Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Steel Strips, Seals, Oil Seals & Industrial Seals, Seals, Strapping & Sealing Machines, Strapping Tools, Packing Straps, Clips & Supplies, Box Straps, Steel Strapping.

Company report

Walzen Strips Private Limited

Explore comprehensive data for Walzen Strips Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Walzen Strips?

Board Members (5)

NameDesignationAppointment DateStatus
Indradeep Roychowdhury Country flag representing In Whole-Time Director 01-Oct-2005Current
Nishit Das Country flag representing In Additional Director 21-Oct-2024Current
Pallabi Chowdhury Country flag representing In Director 14-Aug-2020Current
Joydeep Chowdhury Country flag representing In Director 01-Apr-2007Current
Manju Roychowdhury Country flag representing In Director 30-Jan-2017Current

Financial Performance of Walzen Strips.

Walzen Strips Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.94% increase. The company also saw a substantial improvement in profitability, with a 42.91% increase in profit. The company's net worth Soared by an impressive increase of 18.38%.

Walzen Strips revenue growth over time
Walzen Strips 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
38.94%
Revenue from Operations
37.47%
Total Assets
14.81%
Profit or Loss
42.91%
Net Worth
18.38%
EBITDA
16.70%

What is the Ownership and Shareholding Structure of Walzen Strips?

In 2023, Walzen Strips had a promoter holding of 75.20% and a public holding of 24.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹158.79 Cr

Satisfied Charges

₹27.31 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 137.64 Cr
  • Others : 21.09 Cr
  • Hdfc Bank Limited : 0.06 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2024Others₹1.09 CrOpen
03 Jan 2024Hdfc Bank Limited₹0.60 MOpen
26 Dec 2023Axis Bank Limited₹5.00 CrOpen
20 May 2023Others₹20.00 CrOpen
02 Mar 2023Axis Bank Limited₹34.64 CrOpen

How Many Employees Work at Walzen Strips?

Walzen Strips has a workforce of 212 employees as of Apr 05, 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.

Employee growth trends for Walzen Strips Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Walzen Strips, 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 Walzen Strips'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 Walzen Strips

Recent activity within the organization

  • Director Appointment

    Nishit Das was appointed as a Additional Director was appointed as a Additional Director on 21 Oct 2024 & has been associated with this company since 4 months 28 days .

  • Annual General Meeting

    Walzen Strips Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 1.09 Cr with Charge ID 101001153 was registered on 27 Sep 2024.

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 20 May 2023 with Charge ID 100735752 was modified on 20 Jul 2024.

  • Balance Sheet

    Walzen Strips Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100912950 was registered on 03 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Walzen Strips Private Limited?

    Walzen Strips Private Limited was incorporated on 19 Dec 1989.

  • What is authorized share capital and paid-up capital of Walzen Strips Private Limited?

    The authorized share capital of Walzen Strips Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.76 Cr.

  • Who are the current board members & directors of Walzen Strips Private Limited?

    Currently 5 directors are associated with Walzen Strips Private Limited.

    • Nishit Das
    • Pallabi Roy Chowdhury
    • Joydeep Roy Chowdhury
    • Manju Roychowdhury
    • Indradeep Roychowdhury
  • What is the registered address of Walzen Strips Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Walzen Strips Private Limited is Gd-124 Sector Iii, Bidhannagar India, Saltlake, West Bengal, 700106.

  • What is the corporate identification number (CIN) and company number of Walzen Strips Private Limited?

    The corporate identification number (CIN) of Walzen Strips Private Limited is U27209WB1989PTC048023 and the company number is 048023 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Walzen Strips Private Limited?

    The Official website of Walzen Strips Private Limited is https://www.walzenindia.com

  • What has been the recent revenue trend for Walzen Strips Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Walzen Strips Private Limited has risen by 38.94%.

  • How many employees does Walzen Strips Private Limited currently have?

    As Per 2023 financial reports, 212 employees are currently employed by Walzen Strips Private Limited.

  • What change has been observed in the net worth of Walzen Strips Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Walzen Strips Private Limited has experienced an upsurge of 18.38%.

  • What are the total open charges for Walzen Strips Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Walzen Strips Private Limited amount to ₹ 158.79 Cr.

  • When was the last Balance Sheet of Walzen Strips Private Limited filed with the ROC?

    The most recent Balance Sheet for Walzen Strips Private Limited was filed with the ROC on 31 Mar 2024.

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