Wear Well India Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.91 Cr
- Company Age 22 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 54.78 Cr
- Satisfied Charges ₹ 291.56 Cr
- Revenue Growth 44.82%
- Profit Growth 1539.75%
- Ebitda 31.59%
- Net Worth 7.81%
- Total Assets 1.19%
About Wear Well India
Wear Well India Private Limited (WWIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 May 2002 and has a history of 22 years and eight months. Its registered office is in Noida, Uttar Pradesh, India.
The Company is engaged in the Manufacturing 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 4.00 Cr and a paid-up capital of Rs 3.91 Cr.
The company currently has active open charges totaling ₹54.78 Cr. The company has closed loans amounting to ₹291.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bharat Sahni and Ishita Kashyap serve as directors at the Company.
Company Details
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Location
Noida, Uttar Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U18101UP2002PTC119018
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Company No.
119018
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 May 2002
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kanpur
Industry
Who are the key members and board of directors at Wear Well India?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bharat Sahni
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Director | 29-May-2002 | Current |
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Ishita Kashyap
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Director | 01-Apr-2021 | Current |
Financial Performance of Wear Well India.
Wear Well India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.82% increase. The company also saw a substantial improvement in profitability, with a 1539.75% increase in profit. The company's net worth moved up by a moderate rise of 7.81%.
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What is the Ownership and Shareholding Structure of Wear Well India?
In 2023, Wear Well India had a promoter holding of 92.58% and a public holding of 7.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Indu Garments Private LimitedBharat Sahni and Ishita Kashyap are mutual person
Charges (Loans)
₹54.78 Cr
₹291.56 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 43.42 Cr
- Others : 10.06 Cr
- Axis Bank Limited : 1.20 Cr
- Hdfc Bank Limited : 0.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2023 | Axis Bank Limited | ₹1.20 Cr | Open |
| 15 Sep 2022 | Others | ₹10.00 Cr | Open |
| 17 Nov 2021 | Hdfc Bank Limited | ₹1.05 M | Open |
| 28 Feb 2020 | State Bank Of India | ₹43.42 Cr | Open |
| 11 Sep 2019 | Others | ₹0.56 M | Open |
How Many Employees Work at Wear Well India?
Wear Well India has a workforce of 174 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Wear Well 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 Wear Well India's trajectory.
Rating
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
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.
