Weavette Business Ventures Limited

Company specializes in trading and manufacturing various textiles, including suiting, shirting, and hosiery items.

2007 | Mumbai, Maharashtra (India) | Merged
Last Updated: January 16, 2025

Weavette Business Ventures Profile

Key Indicators

  • Authorised Capital ₹ 4.07 Cr
  • Paid Up Capital ₹ 3.10 Cr
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2016
  • Satisfied Charges ₹ 583.75 Cr
  • Revenue Growth 21.48%
  • Profit Growth 106.25%
  • Ebitda 332.17%
  • Net Worth 5.90%
  • Total Assets -7.12%

About Weavette Business Ventures

Weavette Business Ventures Limited (WBVL) is Amalgamated company established on 05 Nov 2007 with its office registered at Mumbai, Maharashtra, India and has been running since 17 Year, 3 Months with a paid up capital of 3.10 Cr. According to MCA records, 4 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    futuregroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51101MH2007PLC175707

  • Company No.

    175707

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 2007

  • Date of AGM

    30 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

Who are the key members and board of directors at Weavette Business Ventures?

Board Members (4)

NameDesignationAppointment DateStatus
Dinesh Maheshwari Country flag representing In Director 31-Jan-2008Current
Ajay Nemchand Country flag representing In Director 31-Mar-2015Current
Nishita Biyani Country flag representing In Director 30-Sep-2015Current
Ravie Lalpurria Country flag representing In Director 31-Mar-2015Current

Financial Performance of Weavette Business Ventures.

Weavette Business Ventures Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 21.48% increase. The company also saw a substantial improvement in profitability, with a 106.25% increase in profit. The company's net worth moved up by a moderate rise of 5.9%.

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
21.48%
Revenue from Operations
21.39%
Total Assets
-7.12%
Profit or Loss
106.25%
Net Worth
5.90%
EBITDA
332.17%

What is the Ownership and Shareholding Structure of Weavette Business Ventures?

In 2016, Weavette Business Ventures had a promoter holding of 100.00%. The company had 4 Joint Ventures and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹583.75 Cr

Charges Breakdown by Lending Institutions

  • Ifci Limited : 250.00 Cr
  • Idbi Bank Limited : 150.00 Cr
  • Others : 130.00 Cr
  • Sicom Limited : 37.00 Cr
  • Corporation Bank : 15.75 Cr
  • Others : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 May 2017Others₹130.00 CrSatisfied
09 Mar 2015Idbi Bank Limited₹150.00 CrSatisfied
20 Feb 2015Sicom Limited₹7.00 CrSatisfied
22 Jan 2015Sicom Limited₹30.00 CrSatisfied
08 Feb 2012Ifci Limited₹100.00 CrSatisfied

How Many Employees Work at Weavette Business Ventures?

Unlock and access historical data on people associated with Weavette Business Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Weavette Business Ventures, 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 Weavette Business Ventures'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 Weavette Business Ventures

Recent activity within the organization

  • Charges

    A charge registered on 19 May 2017 via Charge ID 100100235 with Others was fully satisfied on 15 Mar 2018.

    15 Mar 2018

  • Charges

    A charge with Others amounted to Rs. 130.00 Cr with Charge ID 100100235 was registered on 19 May 2017.

    19 May 2017

  • Annual General Meeting

    Weavette Business Ventures Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

    30 Sep 2016

  • Charges

    A charge registered on 22 Jan 2015 via Charge ID 10566036 with Sicom Limited was fully satisfied on 09 Aug 2016.

    09 Aug 2016

  • Charges

    A charge registered on 20 Feb 2015 via Charge ID 10566039 with Sicom Limited was fully satisfied on 05 Jul 2016.

    05 Jul 2016

  • Balance Sheet

    Weavette Business Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.

    31 Mar 2016

Frequently asked questions

  • Weavette Business Ventures Limited was incorporated on 05 Nov 2007.

  • The authorized share capital of Weavette Business Ventures Limited is ₹ 4.07 Cr and paid-up capital is ₹ 3.10 Cr.

  • Currently 4 directors are associated with Weavette Business Ventures Limited.

    • Dinesh Ramnarayan Maheshwari
    • Ajay Dedhia Nemchand
    • Nishita Anil Biyani
    • Ravie Manoharlal Lalpurria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Weavette Business Ventures Limited is Knowledge House Shyam Nagar Off.Jogeshwari -Vikhroli Link Road, Joge Shwari(E) India, Mumbai, Maharashtra, 400060.

  • The corporate identification number (CIN) of Weavette Business Ventures Limited is U51101MH2007PLC175707 and the company number is 175707 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Weavette Business Ventures Limited is https://www.futuregroup.in

  • According to the financial reports for the fiscal year 2016, the revenue trend for Weavette Business Ventures Limited has risen by 21.48%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Weavette Business Ventures Limited has experienced an upsurge of 5.90%.

  • The most recent Balance Sheet for Weavette Business Ventures Limited was filed with the ROC on 31 Mar 2016.

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