Wear Well India Private Limited

Manufacturer and trader of readymade garments and fabrics, specializing in children's wear. Exports to US and Europe.

2002 | Gautam Buddha Nagar, Uttar Pradesh (India) | Active
Last Updated:

Wear Well India Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.91 Cr
  • Company Age 22 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 52.78 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 11 months. Its registered office is in Gautam Buddha Nagar, 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 2024. 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 ₹52.78 Cr. The company has closed loans amounting to ₹291.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ishita Kashyap and Bharat Sahni serve as directors at the Company.

Company Details

  • Location

    Gautam Buddha Nagar, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18101UP2002PTC119018

  • Company No.

    119018

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 May 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Manufacturing
Company report

Wear Well India Private Limited

Explore comprehensive data for Wear Well India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Wear Well India?

Board Members (2)

NameDesignationAppointment DateStatus
Ishita Kashyap Country flag representing In Director 01-Apr-2021Current
Bharat Sahni Country flag representing In Director 29-May-2002Current

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%.

Wear Well India revenue growth over time
Wear Well India 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
44.82%
Revenue from Operations
44.85%
Total Assets
1.19%
Profit or Loss
1539.75%
Net Worth
7.81%
EBITDA
31.59%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹52.78 Cr

Satisfied Charges

₹291.56 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 41.42 Cr
  • Others : 10.06 Cr
  • Axis Bank Limited : 1.20 Cr
  • Hdfc Bank Limited : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2023Axis Bank Limited₹1.20 CrOpen
15 Sep 2022Others₹10.00 CrOpen
17 Nov 2021Hdfc Bank Limited₹1.05 MOpen
28 Feb 2020State Bank Of India₹41.42 CrOpen
11 Sep 2019Others₹0.56 MOpen

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.

Employee growth trends for Wear Well India Private Limited

Deals i

Graph showing company valuation over time

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

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 Wear Well India

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with State Bank Of India of Rs. 41.42 Cr registered on 28 Feb 2020 with Charge ID 100326085 was modified on 15 Apr 2024.

  • Balance Sheet

    Wear Well India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.20 Cr with Charge ID 100791512 was registered on 30 Sep 2023.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100618054 was registered on 15 Sep 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100519816 was registered on 17 Nov 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Wear Well India Private Limited?

    Wear Well India Private Limited was incorporated on 29 May 2002.

  • What is authorized share capital and paid-up capital of Wear Well India Private Limited?

    The authorized share capital of Wear Well India Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.91 Cr.

  • Who are the current board members & directors of Wear Well India Private Limited?

    Currently 2 directors are associated with Wear Well India Private Limited.

    • Ishita Kashyap
    • Bharat Sahni
  • What is the registered address of Wear Well India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Wear Well India Private Limited is B-43/44 Hosiery Complex, Phase-2 India, Noida, Uttar Pradesh, 201305.

  • What is the corporate identification number (CIN) and company number of Wear Well India Private Limited?

    The corporate identification number (CIN) of Wear Well India Private Limited is U18101UP2002PTC119018 and the company number is 119018 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Wear Well India Private Limited?

    The Official website of Wear Well India Private Limited is https://www.wearwellindia.com

  • What has been the recent revenue trend for Wear Well India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Wear Well India Private Limited has risen by 44.82%.

  • How many employees does Wear Well India Private Limited currently have?

    As Per 2023 financial reports, 174 employees are currently employed by Wear Well India Private Limited.

  • What change has been observed in the net worth of Wear Well India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Wear Well India Private Limited has experienced an upsurge of 7.81%.

  • What are the total open charges for Wear Well India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Wear Well India Private Limited amount to ₹ 52.78 Cr.

  • When was the last Balance Sheet of Wear Well India Private Limited filed with the ROC?

    The most recent Balance Sheet for Wear Well India Private Limited was filed with the ROC on 31 Mar 2024.

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