Weldfast Electrodes Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 9.32 Cr
- Company Age 26 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- 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 one month. 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 2023. 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.
Shaunak Sudhir, Shantanu Soman, and Manjushree Soman serve as directors at the Company.
Company Details
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Location
Nagpur, Maharashtra, 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
U27104MH1998PTC117549
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Company No.
117549
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
21 Dec 1998
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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 Mumbai
Industry
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.
Who are the key members and board of directors at Weldfast Electrodes?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shaunak Sudhir
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Director | 21-Aug-2023 | Current |
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Shantanu Soman
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Whole-Time Director | 15-Nov-2014 | Current |
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Manjushree Soman
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Director | 21-Dec-1998 | Current |
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%.
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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.
Charges (Loans)
₹11.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 10.00 Cr
- State Bank Of India : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2022 | Others | ₹10.00 Cr | Open |
| 23 Nov 2015 | State Bank Of India | ₹1.00 Cr | Open |
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.
Deals i
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
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.
