Weldfast Electrodes Private Limited

Manufacturer and marketer of welding electrodes and mig wire, adhering to industry standards and certifications.

1998 | Nagpur, Maharashtra (India) | Active
Last Updated:

Weldfast Electrodes Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 9.32 Cr
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.00 Cr
  • Revenue Growth 19.13%
  • Profit Growth 7.01%
  • Ebitda 24.97%
  • Net Worth 15.70%
  • Total Assets 17.87%

About Weldfast Electrodes

Weldfast Electrodes Private Limited (WEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 December 1998 and has a history of 26 years and five months. Its registered office is in Nagpur, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 9.32 Cr.

The company currently has active open charges totaling ₹11.00 Cr.

Shantanu Soman, Sudhir Soman, and Shaunak Sudhir serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27104MH1998PTC117549

  • Company No.

    117549

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Weldfast Electrodes Private Limited offer?

Weldfast Electrodes Private Limited offers a wide range of products and services, including Welding, Rods, Electrodes & Wires, Welding Electrodes, Welding Equipments & Machinery, Tig Welding Spares, Metal and Alloy Wires, Welding Wires.

Company report

Weldfast Electrodes Private Limited

Explore comprehensive data for Weldfast Electrodes Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Weldfast Electrodes?

Board Members (3)

NameDesignationAppointment DateStatus
Shantanu Soman Country flag representing In Whole-Time Director 15-Nov-2014Current
Sudhir Soman Country flag representing In Additional Director 11-Nov-2024Current
Shaunak Sudhir Country flag representing In Director 21-Aug-2023Current

Financial Performance of Weldfast Electrodes.

Weldfast Electrodes Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.13% increase. The company also saw a slight improvement in profitability, with a 7.01% increase in profit. The company's net worth Soared by an impressive increase of 15.7%.

Weldfast Electrodes revenue growth over time
Weldfast Electrodes 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
19.13%
Revenue from Operations
20.22%
Total Assets
17.87%
Profit or Loss
7.01%
Net Worth
15.70%
EBITDA
24.97%

What is the Ownership and Shareholding Structure of Weldfast Electrodes?

In 2023, Weldfast Electrodes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 10.00 Cr
  • State Bank Of India : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Aug 2022Others₹10.00 CrOpen
23 Nov 2015State Bank Of India₹1.00 CrOpen

How Many Employees Work at Weldfast Electrodes?

Weldfast Electrodes has a workforce of 194 employees as of Mar 31, 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.

Employee growth trends for Weldfast Electrodes Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Weldfast Electrodes, 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 Weldfast Electrodes'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 Weldfast Electrodes

Recent activity within the organization

  • Director Appointment

    Sudhir Vasant Soman was appointed as a Additional Director was appointed as a Additional Director on 11 Nov 2024 & has been associated with this company since 6 months 13 days .

  • Annual General Meeting

    Weldfast Electrodes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Weldfast Electrodes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with State Bank Of India of Rs. 1.00 Cr registered on 23 Nov 2015 with Charge ID 100037383 was modified on 11 Sep 2023.

  • Director Appointment

    Shaunak Soman Sudhir was appointed as a Director was appointed as a Director on 21 Aug 2023 & has been associated with this company since 1 year 9 months .

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 17 Aug 2022 with Charge ID 100607255 was modified on 29 Aug 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Weldfast Electrodes Private Limited?

    Weldfast Electrodes Private Limited was incorporated on 21 Dec 1998.

  • What is authorized share capital and paid-up capital of Weldfast Electrodes Private Limited?

    The authorized share capital of Weldfast Electrodes Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 9.32 Cr.

  • Who are the current board members & directors of Weldfast Electrodes Private Limited?

    Currently 3 directors are associated with Weldfast Electrodes Private Limited.

    • Shantanu Sudhir Soman
    • Sudhir Vasant Soman
    • Shaunak Soman Sudhir

  • What is the registered address of Weldfast Electrodes Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Weldfast Electrodes Private Limited is D 57 58, 59 Hingna Industrial Estate Midc India, Nagpur, Maharashtra, 440016.

  • What is the corporate identification number (CIN) and company number of Weldfast Electrodes Private Limited?

    The corporate identification number (CIN) of Weldfast Electrodes Private Limited is U27104MH1998PTC117549 and the company number is 117549 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Weldfast Electrodes Private Limited?

    The Official website of Weldfast Electrodes Private Limited is https://www.weldfast.in

  • What has been the recent revenue trend for Weldfast Electrodes Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Weldfast Electrodes Private Limited has risen by 19.13%.

  • How many employees does Weldfast Electrodes Private Limited currently have?

    As Per 2023 financial reports, 194 employees are currently employed by Weldfast Electrodes Private Limited.

  • What change has been observed in the net worth of Weldfast Electrodes Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Weldfast Electrodes Private Limited has experienced an upsurge of 15.70%.

  • What are the total open charges for Weldfast Electrodes Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Weldfast Electrodes Private Limited amount to ₹ 11.00 Cr.

  • When was the last Balance Sheet of Weldfast Electrodes Private Limited filed with the ROC?

    The most recent Balance Sheet for Weldfast Electrodes Private Limited was filed with the ROC on 31 Mar 2024.

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