Welcome Foods Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 5.42 M
- Company Age 45 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1.47 Cr
- Revenue Growth %
- Profit Growth -12.24%
- Ebitda -535.87%
- Net Worth -8.61%
- Total Assets -3.53%
About Welcome Foods
Welcome Foods Limited (WFL) is a Public Limited Indian Non-Government Company incorporated in India on 18 June 1979 and has a history of 45 years and seven months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Bulgarian Foods Private Limited. The Company is engaged in the Agriculture 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 6.00 M and a paid-up capital of Rs 5.42 M.
The company has closed loans amounting to ₹1.47 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Hemamalini, Raunak Krishna, and Aditya Paranthaman serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U15419KA1979PLC003552
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Company No.
003552
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
18 Jun 1979
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Welcome Foods?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hemamalini
|
Director | 29-Jun-1992 | Current |
| Raunak Krishna | Additional Director | 05-Sep-2024 | Current |
| Aditya Paranthaman | Director Appointed In Casual Vacancy | 15-Jan-2024 | Current |
Financial Performance of Welcome Foods.
Welcome Foods Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 12.24% decrease in profit. The company's net worth dipped by a decrease of 8.61%.
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What is the Ownership and Shareholding Structure of Welcome Foods?
In 2020, Welcome Foods had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Tools International LtdHemamalini is a mutual person
Charges (Loans)
₹0
₹14.67 M
Charges Breakdown by Lending Institutions
- Karnataka State Financial Corporation : 0.81 Cr
- Karnataka State Industrial Investment & Develop. Corporation : 0.51 Cr
- Allahabad Bank : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 1989 | Allahabad Bank | ₹1.51 M | Satisfied |
| 06 Aug 1988 | Karnataka State Industrial Investment & Develop. Corporation | ₹3.06 M | Satisfied |
| 09 Oct 1987 | Karnataka State Industrial Investment & Develop. Corporation | ₹2.00 M | Satisfied |
| 19 Feb 1985 | Karnataka State Financial Corporation | ₹3.00 M | Satisfied |
| 22 Jun 1984 | Karnataka State Financial Corporation | ₹2.10 M | Satisfied |
How Many Employees Work at Welcome Foods?
Unlock and access historical data on people associated with Welcome Foods, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Welcome Foods, 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 Welcome Foods'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.
