Walzen Strips Private Limited

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

1989 | Kolkata, 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 2023
  • Open Charges ₹ 152.64 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 Kolkata, 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 2023. 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 ₹152.64 Cr. The company has closed loans amounting to ₹27.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pallabi Chowdhury, Joydeep Chowdhury, Manju Roychowdhury, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    walzenindia.com

  • 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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.

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

Board Members (4)

NameDesignationAppointment DateStatus
Indradeep Roychowdhury Country flag representing In Whole-Time Director 01-Oct-2005Current
Pallabi Chowdhury Country flag representing In Director 01-Dec-2017Current
Joydeep Chowdhury Country flag representing In Director 01-Apr-2007Current
Manju Roychowdhury Country flag representing In Director 19-Dec-1989Current

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

₹152.64 Cr

Satisfied Charges

₹27.31 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 137.64 Cr
  • Others : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 2023Axis Bank Limited₹5.00 CrOpen
20 May 2023Others₹15.00 CrOpen
02 Mar 2023Axis Bank Limited₹34.64 CrOpen
15 Nov 2021Axis Bank Limited₹28.59 CrOpen
09 Jul 2020Axis Bank Limited₹29.77 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

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100848111 was registered on 26 Dec 2023.

  • Annual General Meeting

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

  • Charges

    A charge registered on 06 Sep 2018 via Charge ID 100241371 with Others was fully satisfied on 10 Aug 2023.

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100735752 was registered on 20 May 2023.

  • Balance Sheet

    Walzen Strips Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 34.64 Cr with Charge ID 100689325 was registered on 02 Mar 2023.

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 4 directors are associated with Walzen Strips Private Limited.

    • 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 P 250 C I T Road Scheme Vi, Kolkata, West Bengal, India, 700054.

  • 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 ₹ 152.64 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 2023.

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