Weir Minerals (India) Private Limited.

Manufactures and sells pumps, valves, and provides engineering solutions.

1992 | Bengaluru, Karnataka (India) | Active
Last Updated: June 15, 2024

Weir Minerals (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.70 Cr
  • Paid Up Capital ₹ 5.69 Cr
  • Company Age 32 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth 16.35%
  • Profit Growth -26.26%
  • Ebitda -22.34%
  • Net Worth -31.18%
  • Total Assets -16.14%

About Weir Minerals (India)

Weir Minerals (India) Private Limited. (WMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 September 1992 and has a history of 32 years and four months. Its registered office is in Bengaluru, Karnataka, India.

The Corporate was formerly known as Indure Warman Ltd.. 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 2023. It's a company limited by shares with an authorized capital of Rs 5.70 Cr and a paid-up capital of Rs 5.69 Cr.

The company has closed loans amounting to ₹2.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Lokesh Bhatia and Satya Kakarlapudi serve as directors at the Company.

Company Details

  • Location

    Bengaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899KA1992PTC151576

  • Company No.

    050465

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Weir Minerals (India) Private Limited. offer?

Weir Minerals (India) Private Limited. offers a wide range of products and services, including Industrial Valves & Valve Fittings, Butterfly Valves, Pumps, Pumping Machines & Spares, Fuel Pump, Separators, Strainers & Purifiers, Vibrating Screens, Sewage Pump, Slurry Pumps, Ball Valves, Industrial Ball Valves.

Who are the key members and board of directors at Weir Minerals (India)?

Executive Team (1)

Name Designation Appointment Date Status
Satya Kakarlapudi Country flag representing In Managing Director 30-Nov-2021 Current

Board Members (1)

Name Designation Appointment Date Status
Lokesh Bhatia Country flag representing In Whole-Time Director 12-May-2016 Current

Financial Performance of Weir Minerals (India).

Weir Minerals (India) Private Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 16.35% increase. The company also saw a substantial fall in profitability, with a 26.26% decrease in profit. The company's net worth observed a substantial decline by a decrease of 31.18%.

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
16.35%
Revenue from Operations
15.83%
Total Assets
-16.14%
Profit or Loss
-26.26%
Net Worth
-31.18%
EBITDA
-22.34%

What is the Ownership and Shareholding Structure of Weir Minerals (India)?

In 2023, Weir Minerals (India) had a promoter holding of 97.25% and a public holding of 2.75%. 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

₹0.20 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
25 Apr 1997 Canara Bank ₹2.00 M Satisfied

How Many Employees Work at Weir Minerals (India)?

Weir Minerals (India) has a workforce of 456 employees as of Apr 07, 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 Weir Minerals (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 Weir Minerals (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 Weir Minerals (India)

Recent activity within the organization

  • Annual General Meeting

    Weir Minerals (India) Private Limited. last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Weir Minerals (India) Private Limited. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Satya Shaker Raju Venkata Kakarlapudi was appointed as a Managing Director was appointed as a Managing Director on 30 Nov 2021 & has been associated with this company since 3 years 2 months .

    30 Nov 2021

  • Director Appointment

    Lokesh Bhatia was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 May 2016 & has been associated with this company since 8 years 8 months .

    12 May 2016

  • Charges

    A charge registered on 25 Apr 1997 via Charge ID 90046832 with Canara Bank was fully satisfied on 21 Jul 2015.

    21 Jul 2015

  • Charges

    A charge with Canara Bank of Rs. 0.20 Cr registered on 25 Apr 1997 with Charge ID 90046832 was modified on 24 Dec 1998.

    24 Dec 1998

Frequently asked questions

  • Weir Minerals (India) Private Limited. was incorporated on 28 Sep 1992.

  • The authorized share capital of Weir Minerals (India) Private Limited. is ₹ 5.70 Cr and paid-up capital is ₹ 5.69 Cr.

  • Currently 2 directors are associated with Weir Minerals (India) Private Limited..

    • Lokesh Bhatia
    • Satya Shaker Raju Venkata Kakarlapudi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Weir Minerals (India) Private Limited. is Ncc Urban Windsor 1St Floor New Airport Road Opp. Jakkur Aerodrome Yelahanka, Bengaluru, Karnataka, India, 560064.

  • The corporate identification number (CIN) of Weir Minerals (India) Private Limited. is U74899KA1992PTC151576 and the company number is 050465 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Weir Minerals (India) Private Limited. is https://www.global.weir

  • According to the financial reports for the fiscal year 2023, the revenue trend for Weir Minerals (India) Private Limited. has risen by 16.35%.

  • As Per 2023 financial reports, 456 employees are currently employed by Weir Minerals (India) Private Limited..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Weir Minerals (India) Private Limited. has experienced an downturn of -31.18%.

  • The most recent Balance Sheet for Weir Minerals (India) Private Limited. was filed with the ROC on 31 Mar 2023.

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