Weavetech Engineers Limited

This company manufactures textile machinery and its components, including winding, twisting, and weaving machines.

2014 | Valsad, Gujarat (India) | Active
Last Updated:

Weavetech Engineers Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 10 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.44 Cr
  • Satisfied Charges ₹ 0.49 M
  • Revenue Growth 23.29%
  • Profit Growth -18.46%
  • Ebitda -45.71%
  • Net Worth 8.69%
  • Total Assets 4.14%

About Weavetech Engineers

Weavetech Engineers Limited (WEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 August 2014 and has a history of Ten years and six months. Its registered office is in Valsad, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 4.50 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹10.44 Cr. The company has closed loans amounting to ₹0.49 M, as per Ministry of Corporate Affairs (MCA) records.

Chintan Thumar, Pratik Thumar, and Amit Thumar serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    weavetech.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29248DN2014PLC000461

  • Company No.

    000461

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Aug 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Weavetech Engineers Limited offer?

Weavetech Engineers Limited offers a wide range of products and services, including Apparel & Textile Machinery, Weaving Machines, Spinning Machinery, Textile Machines, Sewing,Knitting & Embroidery Machine, Warping Machines, Reeling Machine.

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

Board Members (3)

NameDesignationAppointment DateStatus
Chintan Thumar Country flag representing In Director 28-Aug-2014Current
Pratik Thumar Country flag representing In Director 28-Aug-2014Current
Amit Thumar Country flag representing In Director 08-Jun-2023Current

Financial Performance of Weavetech Engineers.

Weavetech Engineers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.29% increase. The company also saw a substantial fall in profitability, with a 18.46% decrease in profit. The company's net worth moved up by a moderate rise of 8.69%.

Weavetech Engineers revenue growth over time
Weavetech Engineers 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
23.29%
Revenue from Operations
22.06%
Total Assets
4.14%
Profit or Loss
-18.46%
Net Worth
8.69%
EBITDA
-45.71%

What is the Ownership and Shareholding Structure of Weavetech Engineers?

In 2023, Weavetech 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

₹10.44 Cr

Satisfied Charges

₹0.05 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 10.44 Cr

Latest Charge Details

DateLenderAmountStatus
20 Oct 2017Hdfc Bank Limited₹10.44 CrOpen
06 Oct 2022Hdfc Bank Limited₹0.49 MSatisfied

How Many Employees Work at Weavetech Engineers?

Weavetech Engineers has a workforce of 37 employees as of Apr 02, 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 Weavetech Engineers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Weavetech 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 Weavetech 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 Weavetech Engineers

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Hdfc Bank Limited of Rs. 10.44 Cr registered on 20 Oct 2017 with Charge ID 100131767 was modified on 25 Jul 2024.

  • Balance Sheet

    Weavetech Engineers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 06 Oct 2022 via Charge ID 100620798 with Hdfc Bank Limited was fully satisfied on 09 Dec 2023.

  • Director Appointment

    Amit Chhganbhai Thumar was appointed as a Director was appointed as a Director on 08 Jun 2023 & has been associated with this company since 1 year 8 months .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100620798 was registered on 06 Oct 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Weavetech Engineers Limited?

    Weavetech Engineers Limited was incorporated on 28 Aug 2014.

  • What is authorized share capital and paid-up capital of Weavetech Engineers Limited?

    The authorized share capital of Weavetech Engineers Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.00 Cr.

  • Who are the current board members & directors of Weavetech Engineers Limited?

    Currently 3 directors are associated with Weavetech Engineers Limited.

    • Chintan Vallabhbhai Thumar
    • Pratik Dhirajlal Thumar
    • Amit Chhganbhai Thumar

  • What is the registered address of Weavetech Engineers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Weavetech Engineers Limited is S. No. 122 Block 1 Vaghdhara Road, Dadra Nagar Haveli India, Silvassa, Dadra & Nagar Haveli, 396191.

  • What is the corporate identification number (CIN) and company number of Weavetech Engineers Limited?

    The corporate identification number (CIN) of Weavetech Engineers Limited is U29248DN2014PLC000461 and the company number is 000461 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Weavetech Engineers Limited?

    The Official website of Weavetech Engineers Limited is https://www.weavetech.com

  • What has been the recent revenue trend for Weavetech Engineers Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Weavetech Engineers Limited has risen by 23.29%.

  • How many employees does Weavetech Engineers Limited currently have?

    As Per 2023 financial reports, 37 employees are currently employed by Weavetech Engineers Limited.

  • What change has been observed in the net worth of Weavetech Engineers Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Weavetech Engineers Limited has experienced an upsurge of 8.69%.

  • What are the total open charges for Weavetech Engineers Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Weavetech Engineers Limited amount to ₹ 10.44 Cr.

  • When was the last Balance Sheet of Weavetech Engineers Limited filed with the ROC?

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

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