Welflex Polymer Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 17-12-2024
- Paid Up Capital ₹ 0.77 M
as on 17-12-2024
- Company Age 46 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 65.68 Cr
as on 17-12-2024
- Satisfied Charges ₹ 7.80 Cr
as on 17-12-2024
- Revenue -29.37%
(FY 2021)
- Profit 23.46%
(FY 2021)
- Ebitda 14.94%
(FY 2021)
- Net Worth -559.11%
(FY 2021)
- Total Assets -29.48%
(FY 2021)
About Welflex Polymer
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.
- 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
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Welflex Polymer?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pratima Shetty  | Director | 12-Aug-2009 | Current |
| Santhosh Shetty | Director | 08-May-2008 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Canara Hydraulics Private LimitedActive 23 years 7 monthsSanthosh Shetty and Pratima Shetty are mutual person
Canara Rajshi Steering LlpActive 6 years 6 monthsSanthosh Shetty and Pratima Shetty are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 16 May 2024 | ₹30.00 Cr | Open |
Indian Bank Creation Date: 30 Sep 2021 | ₹20.00 Cr | Open |
Others Creation Date: 20 Nov 2012 | ₹15.13 Cr | Open |
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.
Deals i
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
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.
