Welflex Polymer Industries Private Limited

Manufactures intricate rubber products for various industries such as automobile, textile, and power.

2019 | Bangalore, Karnataka (India) | Active
Last Updated: July 26, 2024

Welflex Polymer Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 44.86%
  • Profit Growth 38.63%
  • Ebitda 55.99%
  • Net Worth 66.80%
  • Total Assets 15.26%

About Welflex Polymer Industries

Welflex Polymer Industries Private Limited (WPIPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 February 2019 (Five years and 11 months 15 days old ). Its registered office is in Bangalore, Karnataka, 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Chetan Shivakumar and Shivakumar Lingaiah serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209KA2019PTC121560

  • Company No.

    121560

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Feb 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

Who are the key members and board of directors at Welflex Polymer Industries?

Board Members (2)

Name Designation Appointment Date Status
Chetan Shivakumar Country flag representing In Director 12-Aug-2019 Current
Shivakumar Lingaiah Country flag representing In Director 12-Aug-2019 Current

Financial Performance of Welflex Polymer Industries.

Welflex Polymer Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.86% increase. The company also saw a substantial improvement in profitability, with a 38.63% increase in profit. The company's net worth Soared by an impressive increase of 66.8%.

Graph illustrating revenue growth over time
Graph showing 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
44.86%
Revenue from Operations
44.47%
Total Assets
15.26%
Profit or Loss
38.63%
Net Worth
66.80%
EBITDA
55.99%

What is the Ownership and Shareholding Structure of Welflex Polymer Industries?

In 2023, Welflex Polymer Industries 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Welflex Polymer Industries?

Welflex Polymer Industries has a workforce of 11 employees as of Apr 10, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Welflex Polymer Industries, 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 Welflex Polymer Industries'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 Welflex Polymer Industries

Recent activity within the organization

  • Annual General Meeting

    Welflex Polymer Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Welflex Polymer Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Chetan Kumar Shivakumar was appointed as a Director was appointed as a Director on 12 Aug 2019 & has been associated with this company since 5 years 5 months .

    12 Aug 2019

  • Director Appointment

    Shivakumar Lingaiah was appointed as a Director was appointed as a Director on 12 Aug 2019 & has been associated with this company since 5 years 5 months .

    12 Aug 2019

  • Company Incorporation

    Welflex Polymer Industries Private Limited was registered on 18 Feb 2019 with Roc Bangalore & aged 5 years 11 months as per MCA records.

    18 Feb 2019

Frequently asked questions

  • Welflex Polymer Industries Private Limited was incorporated on 18 Feb 2019.

  • The authorized share capital of Welflex Polymer Industries Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Welflex Polymer Industries Private Limited.

    • Chetan Kumar Shivakumar
    • Shivakumar Lingaiah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Welflex Polymer Industries Private Limited is No A-315 7Th Main Road 2Nd Stage Peenya Industrial Area, Bangalore, Karnataka, India, 560058.

  • The corporate identification number (CIN) of Welflex Polymer Industries Private Limited is U25209KA2019PTC121560 and the company number is 121560 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Welflex Polymer Industries Private Limited is https://www.welflexpolymer.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Welflex Polymer Industries Private Limited has risen by 44.86%.

  • As Per 2023 financial reports, 11 employees are currently employed by Welflex Polymer Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Welflex Polymer Industries Private Limited has experienced an upsurge of 66.80%.

  • The most recent Balance Sheet for Welflex Polymer Industries Private Limited was filed with the ROC on 31 Mar 2023.

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