Welflex Polymer Private Limited

Manufacturer of extruded rubber products for various industries, certified for quality standards.

1978 | Bangaluru, Karnataka (India) | Active
Last Updated:

Welflex Polymer Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.77 M
  • Company Age 46 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 65.68 Cr
  • Satisfied Charges ₹ 7.80 Cr
  • Revenue Growth -29.37%
  • Profit Growth 23.46%
  • Ebitda 14.94%
  • Net Worth -559.11%
  • Total Assets -29.48%

About Welflex Polymer

Welflex Polymer Private Limited (WPPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 May 1978 and has a history of 46 years and nine months. Its registered office is in Bangaluru, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.77 M.

The company currently has active open charges totaling ₹65.68 Cr. The company has closed loans amounting to ₹7.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Santhosh Shetty and Pratima Shetty serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    welflexpolymer.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25190KA1978PTC003315

  • Company No.

    003315

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 May 1978

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Pratima Shetty Country flag representing In Director 12-Aug-2009Current
Santhosh Shetty Country flag representing In Director 08-May-2008Current

Financial Performance of Welflex Polymer.

Welflex Polymer Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 29.37% decrease. The company also saw a substantial improvement in profitability, with a 23.46% increase in profit. The company's net worth observed a substantial decline by a decrease of 559.11%.

Welflex Polymer revenue growth over time
Welflex Polymer 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
-29.37%
Revenue from Operations
Total Assets
-29.48%
Profit or Loss
23.46%
Net Worth
-559.11%
EBITDA
14.94%

What is the Ownership and Shareholding Structure of Welflex Polymer?

In 2022, Welflex Polymer 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

₹656.81 M

Satisfied Charges

₹78.04 M

Charges Breakdown by Lending Institutions

  • Others : 45.13 Cr
  • Indian Bank : 20.00 Cr
  • Syndicate Bank : 0.52 Cr
  • Karnataka State Financial Corporation : 0.03 Cr
  • Citi Bank : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
16 May 2024Others₹30.00 CrOpen
30 Sep 2021Indian Bank₹20.00 CrOpen
20 Nov 2012Others₹15.13 CrOpen
18 May 1995Syndicate Bank₹4.91 MOpen
30 Jun 1989Syndicate Bank₹0.15 MOpen

How Many Employees Work at Welflex Polymer?

Welflex Polymer has a workforce of 13 employees as of Apr 09, 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 Welflex Polymer Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 300.00 M with Charge ID 100920942 was registered on 16 May 2024.

  • Balance Sheet

    Welflex Polymer Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Indian Bank of Rs. 200.00 M registered on 30 Sep 2021 with Charge ID 100492540 was modified on 16 Jan 2023.

  • Charges

    A charge with Others of Rs. 151.30 M registered on 20 Nov 2012 with Charge ID 10392387 was modified on 18 Oct 2021.

  • Charges

    A charge with Indian Bank amounted to Rs. 200.00 M with Charge ID 100492540 was registered on 30 Sep 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Welflex Polymer Private Limited?

    Welflex Polymer Private Limited was incorporated on 17 May 1978.

  • What is authorized share capital and paid-up capital of Welflex Polymer Private Limited?

    The authorized share capital of Welflex Polymer Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.77 M.

  • Who are the current board members & directors of Welflex Polymer Private Limited?

    Currently 2 directors are associated with Welflex Polymer Private Limited.

    • Santhosh Mahabala Shetty
    • Pratima Santhosh Shetty

  • What is the registered address of Welflex Polymer Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Welflex Polymer Private Limited is No.26 E 11 Phase Peenya Indl. Area, India, Bangalore, Karnataka, 560058.

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

    The corporate identification number (CIN) of Welflex Polymer Private Limited is U25190KA1978PTC003315 and the company number is 003315 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Welflex Polymer Private Limited?

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

  • What has been the recent revenue trend for Welflex Polymer Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Welflex Polymer Private Limited has fallen by -29.37%.

  • How many employees does Welflex Polymer Private Limited currently have?

    As Per 2021 financial reports, 13 employees are currently employed by Welflex Polymer Private Limited.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Welflex Polymer Private Limited has experienced an downturn of -559.11%.

  • What are the total open charges for Welflex Polymer Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Welflex Polymer Private Limited amount to ₹ 65.68 Cr.

  • When was the last Balance Sheet of Welflex Polymer Private Limited filed with the ROC?

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

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