Welkin Convergence Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.51 M
- Company Age 33 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 26.55 Cr
- Satisfied Charges ₹ 37.15 Cr
- Revenue Growth 23.85%
- Profit Growth -10.86%
- Ebitda 416.63%
- Net Worth 39.74%
- Total Assets -3.43%
About Welkin Convergence
Welkin Convergence Private Limited (WCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 April 1991 and has a history of 33 years and 11 months. Its registered office is in Rangareddy, Telangana, India.
The Corporate was formerly known as Mahavir Enterprises (India) Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 5.00 M and a paid-up capital of Rs 2.51 M.
The company currently has active open charges totaling ₹26.55 Cr. The company has closed loans amounting to ₹37.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mukesh Dharod and Sanket Dharod serve as directors at the Company.
Company Details
- Location
Rangareddy, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29309TG1991PTC012507
- Company No.
012507
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Apr 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Consumer Electronics & Durables
Welkin Convergence Private Limited
Explore comprehensive data for Welkin Convergence Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Welkin Convergence?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mukesh Dharod  | Managing Director | 02-Apr-1991 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanket Dharod | Director | 04-Apr-2001 | Current |
Financial Performance of Welkin Convergence.
Welkin Convergence Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.85% increase. The company also saw a substantial fall in profitability, with a 10.86% decrease in profit. The company's net worth Soared by an impressive increase of 39.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Welkin Convergence?
In 2023, Welkin Convergence had a public holding of 1.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹265.49 M
Satisfied Charges
₹371.50 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 26.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 May 2016 | Hdfc Bank Limited | ₹14.42 Cr | Open |
| 06 Apr 2015 | Hdfc Bank Limited | ₹12.12 Cr | Open |
| 01 Nov 2010 | Axis Bank Limited | ₹6.50 Cr | Satisfied |
| 31 Mar 2010 | Axis Bank Limited | ₹7.50 M | Satisfied |
| 17 Feb 2007 | Hdfc Bank Limited | ₹10.50 Cr | Satisfied |
How Many Employees Work at Welkin Convergence?
Welkin Convergence has a workforce of 53 employees as of Apr 08, 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 Welkin Convergence, 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 Welkin Convergence'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.
Latest Updates, News, and FAQs on Welkin Convergence
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 144.25 M registered on 04 May 2016 with Charge ID 100031382 was modified on 29 Nov 2024.
- Annual General Meeting
Welkin Convergence Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 121.25 M registered on 06 Apr 2015 with Charge ID 10564129 was modified on 20 May 2024.
- Balance Sheet
Welkin Convergence Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 144.25 M with Charge ID 100031382 was registered on 04 May 2016.
- Charges
A charge registered on 01 Nov 2010 via Charge ID 10249097 with Axis Bank Limited was fully satisfied on 11 May 2015.
Frequently asked questions
What is the Incorporation or founding date of Welkin Convergence Private Limited?
Welkin Convergence Private Limited was incorporated on 01 Apr 1991.
What is authorized share capital and paid-up capital of Welkin Convergence Private Limited?
The authorized share capital of Welkin Convergence Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.51 M.
Who are the current board members & directors of Welkin Convergence Private Limited?
Currently 2 directors are associated with Welkin Convergence Private Limited.
- Mukesh Kunverji Dharod
- Sanket Mukesh Dharod
What is the registered address of Welkin Convergence Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Welkin Convergence Private Limited is Sy No.120/5 Near Dindigal Police Station Dommara Pochampally Village, Quthbullapu R Mandal India, Hyderabad, Telangana, 500043.
What is the corporate identification number (CIN) and company number of Welkin Convergence Private Limited?
The corporate identification number (CIN) of Welkin Convergence Private Limited is U29309TG1991PTC012507 and the company number is 012507 as per Ministry of Corporate Affairs (MCA).
What is the official website of Welkin Convergence Private Limited?
The Official website of Welkin Convergence Private Limited is https://www.groupwelkin.com
What has been the recent revenue trend for Welkin Convergence Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Welkin Convergence Private Limited has risen by 23.85%.
How many employees does Welkin Convergence Private Limited currently have?
As Per 2023 financial reports, 53 employees are currently employed by Welkin Convergence Private Limited.
What change has been observed in the net worth of Welkin Convergence Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Welkin Convergence Private Limited has experienced an upsurge of 39.74%.
What are the total open charges for Welkin Convergence Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Welkin Convergence Private Limited amount to ₹ 26.55 Cr.
When was the last Balance Sheet of Welkin Convergence Private Limited filed with the ROC?
The most recent Balance Sheet for Welkin Convergence Private Limited was filed with the ROC on 31 Mar 2024.
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