Welfare Agritech Private Limited
Manufactures and trades agricultural machines and technologies since 2018 in Visakhapatnam, Andhra Pradesh.
2018 | Visakhapatnam, Andhra Pradesh (India) | Active
Welfare Agritech Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.33 Cr
- Company Age 6 Year, 4 Months
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 10.03 Cr
- Revenue Growth %
- Profit Growth 28.94%
- Ebitda 209.61%
- Net Worth 1241.50%
- Total Assets 68.02%
About Welfare Agritech
Welfare Agritech Private Limited (WAPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 October 2018 (Six years and four months 4 days old ). Its registered office is in Visakhapatnam, Andhra Pradesh, India.
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 2020. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.33 Cr.
The company currently has active open charges totaling ₹10.03 Cr.
Karunadhara Tippireddy, Ramesh Reddy, Siva Naraharisetti, and Two other members serve as directors at the Company.
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U01114AP2018PTC109631
- Company No.
109631
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Oct 2018
- Date of AGM
31 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Agriculture
Who are the key members and board of directors at Welfare Agritech?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Reddy  | Director | 29-Oct-2018 | Current |
| Karunadhara Tippireddy | Director | 29-Oct-2018 | Current |
| Siva Naraharisetti | Director | 29-Oct-2018 | Current |
| Madhavan Ranganadha | Additional Director | 01-Jan-2019 | Current |
| Vasudeva Shilavanuru | Additional Director | 16-Oct-2019 | Current |
Financial Performance of Welfare Agritech.
Welfare Agritech Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 28.94% increase in profit. The company's net worth Soared by an impressive increase of 1241.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Welfare Agritech?
In 2020, Welfare Agritech 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)
- Plant Trees - Save Earth Foundation
Karunadhara Tippireddy is a mutual person
- Krr Farm Products Private Limited
Ramesh Reddy and Siva Naraharisetti are mutual person
- Cardiocare Medical Systems Private Limited
Ramesh Reddy and Siva Naraharisetti are mutual person
Charges (Loans)
Open Charges
₹10.03 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 10.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2020 | State Bank Of India | ₹1.35 M | Open |
| 07 Feb 2019 | State Bank Of India | ₹9.90 Cr | Open |
How Many Employees Work at Welfare Agritech?
Unlock and access historical data on people associated with Welfare Agritech, 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 Welfare Agritech, 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 Welfare Agritech'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 Welfare Agritech
Recent activity within the organization
- Annual General Meeting
Welfare Agritech Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
- Charges
A charge with State Bank Of India amounted to Rs. 0.13 Cr with Charge ID 100437349 was registered on 23 Dec 2020.
- Balance Sheet
Welfare Agritech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Vijayawada.
- Director Appointment
Vasudeva Reddy Shilavanuru was appointed as a Additional Director was appointed as a Additional Director on 16 Oct 2019 & has been associated with this company since 5 years 4 months .
- Charges
A charge with State Bank Of India amounted to Rs. 9.90 Cr with Charge ID 100235814 was registered on 07 Feb 2019.
- Director Appointment
Madhavan Ranganadha was appointed as a Additional Director was appointed as a Additional Director on 01 Jan 2019 & has been associated with this company since 6 years 2 months .
Frequently asked questions
What is the Incorporation or founding date of Welfare Agritech Private Limited?
Welfare Agritech Private Limited was incorporated on 29 Oct 2018.
What is authorized share capital and paid-up capital of Welfare Agritech Private Limited?
The authorized share capital of Welfare Agritech Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.33 Cr.
Who are the current board members & directors of Welfare Agritech Private Limited?
Currently 5 directors are associated with Welfare Agritech Private Limited.
- Karunadhara Reddy Tippireddy
- Ramesh Mandavyapuram Reddy
- Siva Naga Sarada Naraharisetti
- Madhavan Ranganadha
- Vasudeva Reddy Shilavanuru
What is the registered address of Welfare Agritech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Welfare Agritech Private Limited is C-2 2Nd Floor Pavan Enclave Opp. Hdfc Bank, Dabagardens Main Road India, Vishakhapatnam, Andhra Pradesh, 530020.
What is the corporate identification number (CIN) and company number of Welfare Agritech Private Limited?
The corporate identification number (CIN) of Welfare Agritech Private Limited is U01114AP2018PTC109631 and the company number is 109631 as per Ministry of Corporate Affairs (MCA).
What change has been observed in the net worth of Welfare Agritech Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Welfare Agritech Private Limited has experienced an upsurge of 1241.50%.
What are the total open charges for Welfare Agritech Private Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Welfare Agritech Private Limited amount to ₹ 10.03 Cr.
When was the last Balance Sheet of Welfare Agritech Private Limited filed with the ROC?
The most recent Balance Sheet for Welfare Agritech Private Limited was filed with the ROC on 31 Mar 2020.