Welgo Industries Private Limited

Provides financial and project consultancy services, loan syndication, and investment management for organizations.

2011 | Khorda, Odisha (India) | Active
Last Updated: December 30, 2024

Welgo Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.00 M
  • Revenue Growth 23.35%
  • Profit Growth -1015.54%
  • Ebitda -646.18%
  • Net Worth -63.03%
  • Total Assets 362.86%

About Welgo Industries

Welgo Industries Private Limited (WIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 June 2011 and has a history of 13 years and eight months. Its registered office is in Khorda, Odisha, India.

The Corporate was formerly known as Prasaur Investment Consultants Private Limited. The Company is engaged in the Business Outsourcing 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 Cr and a paid-up capital of Rs 1.00 Cr.

The company has closed loans amounting to ₹9.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Renu Modi and Preeti Modi serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140OR2011PTC013772

  • Company No.

    013772

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Business Outsourcing

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

Board Members (2)

Name Designation Appointment Date Status
Renu Modi Country flag representing In Director 31-May-2019 Current
Preeti Modi Country flag representing In Director 29-May-2020 Current

Financial Performance of Welgo Industries.

Welgo Industries Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 23.35% increase. The company also saw a substantial fall in profitability, with a 1015.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 63.03%.

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
23.35%
Revenue from Operations
23.44%
Total Assets
362.86%
Profit or Loss
-1015.54%
Net Worth
-63.03%
EBITDA
-646.18%

What is the Ownership and Shareholding Structure of Welgo Industries?

In 2017, Welgo 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)

Open Charges

₹0

Satisfied Charges

₹0.90 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.90 Cr

Latest Charge Details

Date Lender Amount Status
25 Mar 2014 State Bank Of India ₹9.00 M Satisfied

How Many Employees Work at Welgo Industries?

Unlock and access historical data on people associated with Welgo Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Welgo 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 Welgo 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 Welgo Industries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Welgo Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Director Appointment

    Preeti Modi was appointed as a Director was appointed as a Director on 29 May 2020 & has been associated with this company since 4 years 8 months .

    29 May 2020

  • Director Appointment

    Renu Modi was appointed as a Director was appointed as a Director on 31 May 2019 & has been associated with this company since 5 years 8 months .

    31 May 2019

  • Charges

    A charge registered on 25 Mar 2014 via Charge ID 10489636 with State Bank Of India was fully satisfied on 22 Jan 2019.

    22 Jan 2019

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.90 Cr with Charge ID 10489636 was registered on 25 Mar 2014.

    25 Mar 2014

Frequently asked questions

  • Welgo Industries Private Limited was incorporated on 14 Jun 2011.

  • The authorized share capital of Welgo Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Welgo Industries Private Limited.

    • Renu Modi
    • Preeti Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Welgo Industries Private Limited is Idco Plot No. -E-5, Revenue No.2285/2599P Industrial Estate India, Khurda, Orissa, 752055.

  • The corporate identification number (CIN) of Welgo Industries Private Limited is U74140OR2011PTC013772 and the company number is 013772 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Welgo Industries Private Limited has risen by 23.35%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Welgo Industries Private Limited has experienced an downturn of -63.03%.

  • The most recent Balance Sheet for Welgo Industries Private Limited was filed with the ROC on 31 Mar 2024.

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