Weld Excel India Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 27 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 17.71 Cr
- Satisfied Charges ₹ 2.00 Cr
- Revenue Growth 41.03%
- Profit Growth -8733.88%
- Ebitda 372.48%
- Net Worth -2.32%
- Total Assets 10.15%
About Weld Excel India
Weld Excel India Limited (WEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 February 1997 and has a history of 27 years and 11 months. Its registered office is in Delhi, India.
The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹17.71 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Veena Modi, Manish Modi, and Aditee Modi serve as directors at the Company.
Company Details
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Location
Delhi, 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
U74899DL1997PLC085414
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Company No.
085414
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
26 Feb 1997
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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 Delhi
Industry
What products or services does Weld Excel India Limited offer?
Weld Excel India Limited offers a wide range of products and services, including Welding, Rods, Electrodes & Wires, Welding Electrodes, Oil Mill & Oil Extraction Machinery, Oil Mill Machinery, Steel & Stainless Steel Products, Industrial Steel.
Who are the key members and board of directors at Weld Excel India?
Board Members (3)
| Name | Designation | Appointment Date | Status |
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Aditee Modi
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Director | 30-Sep-2011 | Current |
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Veena Modi
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Additional Director | 23-Mar-2018 | Current |
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Manish Modi
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Director | 15-Jun-2010 | Current |
Financial Performance of Weld Excel India.
Weld Excel India Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 41.03% increase. The company also saw a substantial fall in profitability, with a 8733.88% decrease in profit. The company's net worth dipped by a decrease of 2.32%.
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What is the Ownership and Shareholding Structure of Weld Excel India?
In 2020, Weld Excel India had a promoter holding of 88.38% and a public holding of 11.63%. 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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Modipon LimitedManish Modi and Aditee Modi are mutual person
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Hesa Enterprises Private LimitedManish Modi is a mutual person
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Modi Paint Private LimitedVeena Modi is a mutual person
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Ashoka Mercantile Limited
Veena Modi and Aditee Modi are mutual person
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Status Mark Finvest Limited
Veena Modi, Manish Modi and 1 more are mutual person
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Daisy Investment Private Limited
Veena Modi, Manish Modi and 1 more are mutual person
Charges (Loans)
₹17.71 Cr
₹2.00 Cr
Charges Breakdown by Lending Institutions
- Oriental Banl Of Commerce : 11.65 Cr
- Others : 6.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Feb 2023 | Others | ₹3.50 M | Open |
| 29 Oct 2020 | Others | ₹7.40 M | Open |
| 12 Aug 2020 | Others | ₹8.17 M | Open |
| 05 Sep 2019 | Others | ₹4.15 Cr | Open |
| 07 Mar 2007 | Oriental Banl Of Commerce | ₹6.10 Cr | Open |
How Many Employees Work at Weld Excel India?
Weld Excel India has a workforce of 6 employees as of Mar 24, 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 Weld Excel 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 Weld Excel India'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.
