Welga Foods Limited

Produces and sells frozen vegetables under the brand Welga, with a manufacturing unit in Uttar Pradesh.

1983 | Budaun, Uttar Pradesh (India) | Active
Last Updated:

Welga Foods Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.27 Cr
  • Company Age 42 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 18.52 Cr
  • Satisfied Charges ₹ 5.41 Cr
  • Revenue Growth -29.76%
  • Profit Growth -489.10%
  • Ebitda -206.60%
  • Net Worth -193.45%
  • Total Assets -8.03%

About Welga Foods

Welga Foods Limited (WFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 January 1983 and has a history of 42 years and three months. Its registered office is in Budaun, Uttar 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 2022. It's a company limited by shares with an authorized capital of Rs 3.50 Cr and a paid-up capital of Rs 3.27 Cr.

The company currently has active open charges totaling ₹18.52 Cr. The company has closed loans amounting to ₹5.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Welga Foods Limited India are Gaurav Prakash SERVING AS THE CHIEF FINANCIAL OFFICER (CFO) and Shweta Rawat as Company Secretary. Gaurav Prakash, Gyan Prakash, Ajai Singh, and Three other members serve as directors at the Company.

Company Details

  • Location

    Budaun, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15419UP1983PLC005918

  • Company No.

    005918

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jan 1983

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Listed

  • ROC Code

    Roc-Kanpur

Industry

Agriculture
Company report

Welga Foods Limited

Explore comprehensive data for Welga Foods Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Welga Foods?

Executive Team (3)

NameDesignationAppointment DateStatus
Gaurav Prakash Country flag representing In CFO(Kmp)10-Aug-2017Current
Gyan Prakash Country flag representing In Managing Director31-Mar-2001Current
Shweta Rawat Country flag representing In Company Secretary01-Sep-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Gaurav Prakash Country flag representing In Director and Cfo(Kmp) 31-Mar-2001Current
Ajai Singh Country flag representing In Director 30-May-2018Current
Ashish Khetan Country flag representing In Additional Director 12-Apr-2023Current
Arpana Agarwal Country flag representing In Director 28-Apr-2020Current
Vikramjit Singh Country flag representing In Additional Director 12-Apr-2023Current

Financial Performance of Welga Foods.

Welga Foods Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 29.76% decrease. The company also saw a substantial fall in profitability, with a 489.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 193.45%.

Welga Foods revenue growth over time
Welga Foods 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
-29.76%
Revenue from Operations
-29.75%
Total Assets
-8.03%
Profit or Loss
-489.10%
Net Worth
-193.45%
EBITDA
-206.60%

What is the Ownership and Shareholding Structure of Welga Foods?

In 2021, Welga Foods had a promoter holding of 75.03% and a public holding of 24.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.52 Cr

Satisfied Charges

₹5.41 Cr

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 17.77 Cr
  • Punjab National Bank : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
23 Dec 2021Central Bank Of India₹1.19 CrOpen
23 Dec 2021Central Bank Of India₹2.08 CrOpen
23 Feb 2008Central Bank Of India₹14.50 CrOpen
18 Mar 2006Punjab National Bank₹7.50 MOpen
20 Apr 2020Central Bank Of India₹1.45 CrSatisfied

How Many Employees Work at Welga Foods?

Welga Foods has a workforce of 26 employees as of Apr 06, 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 Welga Foods Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Welga Foods, 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 Welga Foods'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 Welga Foods

Recent activity within the organization

  • Director Appointment

    Shweta Rawat was appointed as a Company Secretary was appointed as a Company Secretary on 01 Sep 2023 & has been associated with this company since 1 year 7 months .

  • Charges

    A charge with Central Bank Of India of Rs. 14.50 Cr registered on 23 Feb 2008 with Charge ID 10091855 was modified on 12 Apr 2023.

  • Annual General Meeting

    Welga Foods Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Charges

    A charge registered on 20 Apr 2020 via Charge ID 100345039 with Central Bank Of India was fully satisfied on 31 Mar 2022.

  • Balance Sheet

    Welga Foods Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with RoC-Kanpur.

  • Charges

    A charge with Central Bank Of India amounted to Rs. 1.19 Cr with Charge ID 100521571 was registered on 23 Dec 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Welga Foods Limited?

    Welga Foods Limited was incorporated on 10 Jan 1983.

  • What is authorized share capital and paid-up capital of Welga Foods Limited?

    The authorized share capital of Welga Foods Limited is ₹ 3.50 Cr and paid-up capital is ₹ 3.27 Cr.

  • Who are the current board members & directors of Welga Foods Limited?

    Currently 8 directors are associated with Welga Foods Limited.

    • Gaurav Prakash
    • Gyan Prakash
    • Ajai Rawat Vikram Singh
    • Gaurav Prakash
    • Shweta Rawat
    • Ashish Khetan
    • Arpana Agarwal
    • Vikramjit Singh

  • What is the registered address of Welga Foods Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Welga Foods Limited is Shiamnagar Na, Budaun, Uttar Pradesh, India.

  • What is the corporate identification number (CIN) and company number of Welga Foods Limited?

    The corporate identification number (CIN) of Welga Foods Limited is U15419UP1983PLC005918 and the company number is 005918 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Welga Foods Limited?

    The Official website of Welga Foods Limited is https://www.welgafoods.com

  • What has been the recent revenue trend for Welga Foods Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Welga Foods Limited has fallen by -29.76%.

  • How many employees does Welga Foods Limited currently have?

    As Per 2021 financial reports, 26 employees are currently employed by Welga Foods Limited.

  • What change has been observed in the net worth of Welga Foods Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Welga Foods Limited has experienced an downturn of -193.45%.

  • What are the total open charges for Welga Foods Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Welga Foods Limited amount to ₹ 18.52 Cr.

  • When was the last Balance Sheet of Welga Foods Limited filed with the ROC?

    The most recent Balance Sheet for Welga Foods Limited was filed with the ROC on 31 Mar 2022.

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