Welgrow Line (India) Private Limited

Global logistics solutions provider with extensive network and specialized services.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated: January 29, 2025

Welgrow Line (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 22 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.30 Cr
  • Satisfied Charges ₹ 9.50 M
  • Revenue Growth -16.01%
  • Profit Growth 17.66%
  • Ebitda 1.24%
  • Net Worth 25.77%
  • Total Assets -20.28%

About Welgrow Line (India)

Welgrow Line (India) Private Limited (WLIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 October 2002 and has a history of 22 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Transport And Logistics 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.

The company currently has active open charges totaling ₹4.30 Cr. The company has closed loans amounting to ₹9.50 M, as per Ministry of Corporate Affairs (MCA) records.

Ranjith Vettath, Mallika Chennekkattil, and Gayathri Nair serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U63010MH2002PTC137448

  • Company No.

    137448

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Oct 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Welgrow Line (India) Private Limited offer?

Welgrow Line (India) Private Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Freight Forwarding Services, Cargo Transportation Services, Air Cargo Service, Goods Transport Services, Container Transport Service.

Who are the key members and board of directors at Welgrow Line (India)?

Board Members (3)

Name Designation Appointment Date Status
Ranjith Vettath Country flag representing In Director 10-Jan-2003 Current
Mallika Chennekkattil Country flag representing In Director 10-Jan-2003 Current
Gayathri Nair Country flag representing In Director 07-Sep-2022 Current

Financial Performance of Welgrow Line (India).

Welgrow Line (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.01% decrease. The company also saw a substantial improvement in profitability, with a 17.66% increase in profit. The company's net worth Soared by an impressive increase of 25.77%.

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
-16.01%
Revenue from Operations
-16.01%
Total Assets
-20.28%
Profit or Loss
17.66%
Net Worth
25.77%
EBITDA
1.24%

What is the Ownership and Shareholding Structure of Welgrow Line (India)?

Unlock access to Welgrow Line (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.00 M

Satisfied Charges

₹9.50 M

Charges Breakdown by Lending Institutions

  • Others : 4.30 Cr

Latest Charge Details

Date Lender Amount Status
12 Feb 2021 Others ₹3.15 Cr Open
19 May 2017 Others ₹1.15 Cr Open
06 Dec 2014 Others ₹6.00 M Satisfied
06 Feb 2007 The Catholic Syrian Bank Ltd ₹3.50 M Satisfied

How Many Employees Work at Welgrow Line (India)?

Welgrow Line (India) has a workforce of 2 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Welgrow Line (India), 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 Welgrow Line (India)'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 Welgrow Line (India)

Recent activity within the organization

  • Annual General Meeting

    Welgrow Line (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Welgrow Line (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Gayathri Ranjith Nair was appointed as a Director was appointed as a Director on 07 Sep 2022 & has been associated with this company since 2 years 4 months .

    07 Sep 2022

  • Charges

    A charge with Others amounted to Rs. 31.50 M with Charge ID 100454803 was registered on 12 Feb 2021.

    12 Feb 2021

  • Charges

    A charge with Others of Rs. 11.50 M registered on 19 May 2017 with Charge ID 100109714 was modified on 30 Aug 2018.

    30 Aug 2018

  • Charges

    A charge registered on 06 Feb 2007 via Charge ID 10041807 with The Catholic Syrian Bank Ltd was fully satisfied on 20 Aug 2018.

    20 Aug 2018

Frequently asked questions

  • Welgrow Line (India) Private Limited was incorporated on 04 Oct 2002.

  • The authorized share capital of Welgrow Line (India) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Welgrow Line (India) Private Limited.

    • Ranjith Kavassery Vettath
    • Mallika Lakshmi Chennekkattil
    • Gayathri Ranjith Nair
  • As per Ministry of Corporate Affairs (Mca), the registered address of Welgrow Line (India) Private Limited is 520 Marathon Max Lbs Road, Mulund West India, Mumbai, Maharashtra, 400080.

  • The corporate identification number (CIN) of Welgrow Line (India) Private Limited is U63010MH2002PTC137448 and the company number is 137448 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Welgrow Line (India) Private Limited is https://www.welgrowindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Welgrow Line (India) Private Limited has fallen by -16.01%.

  • As Per 2023 financial reports, 2 employees are currently employed by Welgrow Line (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Welgrow Line (India) Private Limited has experienced an upsurge of 25.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Welgrow Line (India) Private Limited amount to ₹ 4.30 Cr.

  • The most recent Balance Sheet for Welgrow Line (India) Private Limited was filed with the ROC on 31 Mar 2023.