Weartech Engineers Private Limited

Distributor of power and cooling products for private and commercial use.

2011 | Bhopal, Madhya Pradesh (India) | Active
Last Updated: November 16, 2024

Weartech Engineers Profile

Key Indicators

  • Authorised Capital ₹ 1.10 Cr
  • Paid Up Capital ₹ 1.10 Cr
  • Company Age 14 Year, 5 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.98 Cr
  • Revenue Growth 15.09%
  • Profit Growth 38.96%
  • Ebitda 31.20%
  • Net Worth 14.18%
  • Total Assets 0.25%

About Weartech Engineers

Weartech Engineers Private Limited (WEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 February 2011 and has a history of 14 years. Its registered office is in Bhopal, Madhya Pradesh, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.10 Cr and a paid-up capital of Rs 1.10 Cr.

The company currently has active open charges totaling ₹8.98 Cr.

Akash Saxena, Minni Saxena, and Pradeep Saxena serve as directors at the Company.

Company Details

  • Location

    Bhopal, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    weartechindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29191MP2011PTC025417

  • Company No.

    025417

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Feb 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Consumer Electronics & Durables

What products or services does Weartech Engineers Private Limited offer?

Weartech Engineers Private Limited offers a wide range of products and services, including Vending Machines & Dispensers, Water Dispensers, Industrial Air Conditioner & Devices, Industrial Cooling System, VRF System, Daikin VRV Systems, Air Conditioner, Voltas Air Conditioner, Industrial Cooling Systems, Water Cooler.

Who are the key members and board of directors at Weartech Engineers?

Board Members (3)

NameDesignationAppointment DateStatus
Akash Saxena Country flag representing In Director 16-Feb-2021Current
Minni Saxena Country flag representing In Director 18-Feb-2011Current
Pradeep Saxena Country flag representing In Director 18-Feb-2011Current

Financial Performance of Weartech Engineers.

Weartech Engineers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.09% increase. The company also saw a substantial improvement in profitability, with a 38.96% increase in profit. The company's net worth Soared by an impressive increase of 14.18%.

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
15.09%
Revenue from Operations
15.65%
Total Assets
0.25%
Profit or Loss
38.96%
Net Worth
14.18%
EBITDA
31.20%

What is the Ownership and Shareholding Structure of Weartech Engineers?

In 2023, Weartech Engineers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.98 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.73 Cr
  • Others : 2.25 Cr

Latest Charge Details

DateLenderAmountStatus
10 Nov 2022Others₹2.25 CrOpen
11 Jul 2013State Bank Of India₹6.73 CrOpen

How Many Employees Work at Weartech Engineers?

Weartech Engineers has a workforce of 335 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Weartech Engineers, 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 Weartech Engineers'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 Weartech Engineers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Weartech Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 6.73 Cr registered on 11 Jul 2013 with Charge ID 10441604 was modified on 17 Jan 2024.

    17 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 2.25 Cr with Charge ID 100643781 was registered on 10 Nov 2022.

    10 Nov 2022

  • Director Appointment

    Akash Saxena was appointed as a Director was appointed as a Director on 16 Feb 2021 & has been associated with this company since 4 years 6 days .

    16 Feb 2021

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.73 Cr with Charge ID 10441604 was registered on 11 Jul 2013.

    11 Jul 2013

Frequently asked questions

  • Weartech Engineers Private Limited was incorporated on 18 Feb 2011.

  • The authorized share capital of Weartech Engineers Private Limited is ₹ 1.10 Cr and paid-up capital is ₹ 1.10 Cr.

  • Currently 3 directors are associated with Weartech Engineers Private Limited.

    • Akash Saxena
    • Minni Saxena
    • Pradeep Kumar Saxena
  • As per Ministry of Corporate Affairs (Mca), the registered address of Weartech Engineers Private Limited is 221 Second Floor Zone-1, M. P. Nagar India, Bhopal, Madhya Pradesh, 462011.

  • The corporate identification number (CIN) of Weartech Engineers Private Limited is U29191MP2011PTC025417 and the company number is 025417 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Weartech Engineers Private Limited is https://www.weartechindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Weartech Engineers Private Limited has risen by 15.09%.

  • As Per 2023 financial reports, 335 employees are currently employed by Weartech Engineers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Weartech Engineers Private Limited has experienced an upsurge of 14.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Weartech Engineers Private Limited amount to ₹ 8.98 Cr.

  • The most recent Balance Sheet for Weartech Engineers Private Limited was filed with the ROC on 31 Mar 2024.