Welcome Retail Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.50 M
- Company Age 8 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 26.31%
- Profit Growth -101.19%
- Ebitda 247.71%
- Net Worth -0.50%
- Total Assets -15.29%
About Welcome Retail
Welcome Retail Private Limited (WRPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 September 2016 (Eight years and six months 2 days old ). Its registered office is in Delhi, India.
The Company is engaged in the Financial Services 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 1.00 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.
Sunil Mantri, Manpreet Sharma, Shrijith Nair, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U52602DL2016PTC305343
- Company No.
305343
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Sep 2016
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Financial Services
Who are the key members and board of directors at Welcome Retail?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Mantri  | Director | 11-May-2018 | Current |
| Manpreet Sharma | Director | 21-Apr-2022 | Current |
| Shrijith Nair | Director | 21-Apr-2022 | Current |
| Prem Sharma | Director | 21-Nov-2022 | Current |
Financial Performance of Welcome Retail.
Welcome Retail Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.31% increase. The company also saw a substantial fall in profitability, with a 101.19% decrease in profit. The company's net worth dipped by a decrease of 0.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Welcome Retail?
Unlock access to Welcome Retail's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
_PRIVATE_LIMITED.webp)
Travel News Services (India) Private LimitedSunil Mantri and Prem Sharma are mutual person
- Tnsi Retail Private Limited
Sunil Mantri and Prem Sharma are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Welcome Retail?
Welcome Retail has a workforce of 1 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Welcome Retail, 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 Retail'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.
Latest Updates, News, and FAQs on Welcome Retail
Recent activity within the organization
- Annual General Meeting
Welcome Retail Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
- Balance Sheet
Welcome Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Director Appointment
Prem Parkash Sharma was appointed as a Director was appointed as a Director on 21 Nov 2022 & has been associated with this company since 2 years 3 months .
- Director Appointment
Manpreet Sharma was appointed as a Director was appointed as a Director on 21 Apr 2022 & has been associated with this company since 2 years 10 months .
- Director Appointment
Shrijith Chandra Senan Nair was appointed as a Director was appointed as a Director on 21 Apr 2022 & has been associated with this company since 2 years 10 months .
- Director Appointment
Sunil Mantri was appointed as a Director was appointed as a Director on 11 May 2018 & has been associated with this company since 6 years 9 months .
Recent News, Updates & Announcement
- Future Retail Seeks Store and Warehouse Access, RP Seeks Revival Time, Multiple Buyers Interested, Lenders Hope for Stake Sale Amid Lockdown and Failed Reliance Deal.
Future Retail wants access to stores and warehouses, RP wants more time to revive company, several parties interested in buying, lenders hoping for stake sale, lockdown and failed deal with Reliance caused trouble..
- Future Retail Ltd. to Acquire Assets from Future Enterprises Ltd. for Rs 4,000 Crore, Reducing Debt and Securing Potential Acquisition with Amazon.
Future Retail Ltd. will buy assets from Future Enterprises Ltd. for Rs 4,000 crore, ending corporate guarantees and reducing lease rentals by Rs 650 crore per year. The fair value will be determined by an independent report and the transaction is subject to shareholder approval. Future Retail will use the money from balance warrants and credit facilities to make the purchase. Future Enterprises has been trying to reduce debt and owns stakes in insurance and supply chain companies. The promoters have also made a deal with Amazon for a potential acquisition in the future..
- Amazon plays safe as it seeks CCI nod for its Rs 1,500 crore Future Coupons Ltd deal.
Etailer wants to ensure transaction in line with tightened norms for ecommerce FDI.
Frequently asked questions
What is the Incorporation or founding date of Welcome Retail Private Limited?
Welcome Retail Private Limited was incorporated on 02 Sep 2016.
What is authorized share capital and paid-up capital of Welcome Retail Private Limited?
The authorized share capital of Welcome Retail Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Welcome Retail Private Limited?
Currently 4 directors are associated with Welcome Retail Private Limited.
- Sunil Mantri
- Manpreet Sharma
- Shrijith Chandra Senan Nair
- Prem Parkash Sharma
What is the registered address of Welcome Retail Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Welcome Retail Private Limited is Room No – 107 1St Floor Pratap Bhawan, 5 Bahadur Shah Zafar Marg India, New Delhi, 110002.
What is the corporate identification number (CIN) and company number of Welcome Retail Private Limited?
The corporate identification number (CIN) of Welcome Retail Private Limited is U52602DL2016PTC305343 and the company number is 305343 as per Ministry of Corporate Affairs (MCA).
What is the official website of Welcome Retail Private Limited?
The Official website of Welcome Retail Private Limited is https://www.futureretail.in
What has been the recent revenue trend for Welcome Retail Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Welcome Retail Private Limited has risen by 26.31%.
How many employees does Welcome Retail Private Limited currently have?
As Per 2023 financial reports, 1 employees are currently employed by Welcome Retail Private Limited.
What change has been observed in the net worth of Welcome Retail Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Welcome Retail Private Limited has experienced an downturn of -0.50%.
When was the last Balance Sheet of Welcome Retail Private Limited filed with the ROC?
The most recent Balance Sheet for Welcome Retail Private Limited was filed with the ROC on 31 Mar 2023.
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