Wearit Global Profile
Key Indicators
- Authorised Capital ₹ 24.00 Cr
- Paid Up Capital ₹ 22.84 Cr
- Company Age 25 Year, 6 Months
- Last Filing with ROC 31 Mar 2019
- Open Charges ₹ 546.15 Cr
- Satisfied Charges ₹ 530.15 Cr
- Revenue Growth -80.10%
- Profit Growth 32.41%
- Ebitda -1.09%
- Net Worth -134.30%
- Total Assets -11.96%
About Wearit Global
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40107WB1999PLC089994
- Company No.
089994
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Aug 1999
- Date of AGM
30 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
What products or services does Wearit Global Limited offer?
Wearit Global Limited offers a wide range of products and services, including Yarns & Threads, Polyester Yarn, Synthetic Yarn, Cotton Yarn, Furnishing Yarns, Natural Fiber Yarns.
Who are the key members and board of directors at Wearit Global?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhisek Adhikary  | CFO | 01-Jun-2019 | Current |
| Manish Kumar | Managing Director | 26-Oct-2010 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sandeep Agarwal | Director | 11-Nov-2017 | Current |
| Manas Ghosal | Additional Director | 20-Jul-2020 | Current |
Financial Performance of Wearit Global.
Wearit Global Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 80.1% decrease. The company also saw a substantial improvement in profitability, with a 32.41% increase in profit. The company's net worth observed a substantial decline by a decrease of 134.3%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Wearit Global?
In 2020, Wearit Global had a promoter holding of 75.32% and a public holding of 24.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Wearit Energy LimitedSandeep Agarwal is a mutual person
- Wearit Tea Trading Private Limited
Sandeep Agarwal is a mutual person
- Ritspin Synthetics Limited
Manish Kumar is a mutual person
- Dhanterash Sale Private Limited
Manish Kumar is a mutual person
Spbp Investments Private LimitedManish Kumar is a mutual person
- Spbp Holdings Pvt Ltd
Manish Kumar is a mutual person
Charges (Loans)
₹546.15 Cr
₹530.15 Cr
Charges Breakdown by Lending Institutions
- Others : 539.00 Cr
- Allahabad Bank Kolkata Main Branch : 7.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2017 | Others | ₹221.19 Cr | Open |
| 06 Oct 2015 | Allahabad Bank Kolkata Main Branch | ₹7.15 Cr | Open |
| 24 Jun 2014 | Others | ₹317.81 Cr | Open |
| 22 Nov 2013 | Others | ₹18.50 Cr | Satisfied |
| 27 Sep 2012 | Others | ₹211.19 Cr | Satisfied |
How Many Employees Work at Wearit Global?
Wearit Global has a workforce of 104 employees as of Nov 19, 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 Wearit Global, 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 Wearit Global'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.
