We Two Engineering Private Limited

Manufactures sheet metal components for automobile and engineering industries, established in 2000 in Chennai.

2000 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: January 10, 2025

We Two Engineering Profile

Key Indicators

  • Authorised Capital ₹ 4.15 Cr
  • Paid Up Capital ₹ 4.15 Cr
  • Company Age 24 Year, 3 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 23.32 Cr
  • Satisfied Charges ₹ 34.02 Cr
  • Revenue Growth -53.26%
  • Profit Growth -62.98%
  • Ebitda -6.23%
  • Net Worth 4.71%
  • Total Assets -3.16%

About We Two Engineering

We Two Engineering Private Limited (WTEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 November 2000 and has a history of 24 years and three months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 4.15 Cr and a paid-up capital of Rs 4.15 Cr.

The company currently has active open charges totaling ₹23.32 Cr. The company has closed loans amounting to ₹34.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kochi Mohanan and Prema Mohanan serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29150TN2000PTC046080

  • Company No.

    046080

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 2000

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Engineering
Automotive

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

Executive Team (1)

Name Designation Appointment Date Status
Kochi Mohanan Country flag representing In Managing Director 09-Nov-2000 Current

Board Members (1)

Name Designation Appointment Date Status
Prema Mohanan Country flag representing In Director 11-Apr-2012 Current

Financial Performance of We Two Engineering.

We Two Engineering Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 53.26% decrease. The company also saw a substantial fall in profitability, with a 62.98% decrease in profit. The company's net worth moved up by a moderate rise of 4.71%.

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
-53.26%
Revenue from Operations
-53.47%
Total Assets
-3.16%
Profit or Loss
-62.98%
Net Worth
4.71%
EBITDA
-6.23%

What is the Ownership and Shareholding Structure of We Two Engineering?

In 2019, We Two Engineering had a promoter holding of 87.50% and a public holding of 12.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.32 Cr

Satisfied Charges

₹34.02 Cr

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 23.32 Cr

Latest Charge Details

Date Lender Amount Status
27 Sep 2017 The South Indian Bank Limited ₹23.32 Cr Open
27 Jun 2013 Indusind Bank Ltd. ₹11.94 Cr Satisfied
24 Dec 2010 Bank Of India ₹12.22 Cr Satisfied
18 Oct 2001 State Bank Of Hyderabad ₹7.64 Cr Satisfied
18 Oct 2001 State Bank Of Hyderabad ₹2.23 Cr Satisfied

How Many Employees Work at We Two Engineering?

We Two Engineering has a workforce of 26 employees as of Apr 08, 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 We Two 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 We Two 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 We Two Engineering

Recent activity within the organization

  • Charges

    A charge registered on 27 Jun 2013 via Charge ID 10438963 with Indusind Bank Ltd. was fully satisfied on 15 Jul 2024.

    15 Jul 2024

  • Annual General Meeting

    We Two Engineering Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    We Two Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.

    31 Mar 2021

  • Charges

    A charge with The South Indian Bank Limited of Rs. 23.32 Cr registered on 27 Sep 2017 with Charge ID 100147413 was modified on 09 Oct 2020.

    09 Oct 2020

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 23.32 Cr with Charge ID 100147413 was registered on 27 Sep 2017.

    27 Sep 2017

  • Charges

    A charge registered on 24 Dec 2010 via Charge ID 10261928 with Bank Of India was fully satisfied on 14 Jun 2016.

    14 Jun 2016

Frequently asked questions

  • We Two Engineering Private Limited was incorporated on 09 Nov 2000.

  • The authorized share capital of We Two Engineering Private Limited is ₹ 4.15 Cr and paid-up capital is ₹ 4.15 Cr.

  • Currently 2 directors are associated with We Two Engineering Private Limited.

    • Kochi Cherikal Mohanan
    • Prema Mohanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of We Two Engineering Private Limited is 3/55 Veteran Lane Pallavaram Pallavaram, India, Chennai - 600 043., Tamil Nadu, 600043.

  • The corporate identification number (CIN) of We Two Engineering Private Limited is U29150TN2000PTC046080 and the company number is 046080 as per Ministry of Corporate Affairs (MCA).

  • The Official website of We Two Engineering Private Limited is https://www.wetwoengg.in

  • According to the financial reports for the fiscal year 2020, the revenue trend for We Two Engineering Private Limited has fallen by -53.26%.

  • As Per 2020 financial reports, 26 employees are currently employed by We Two Engineering Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of We Two Engineering Private Limited has experienced an upsurge of 4.71%.

  • As per the financial statements for fiscal Year 2020, The total open charges for We Two Engineering Private Limited amount to ₹ 23.32 Cr.

  • The most recent Balance Sheet for We Two Engineering Private Limited was filed with the ROC on 31 Mar 2021.

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