Welkin Convergence Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 2.51 M
- Company Age 33 Year, 10 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 ten 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
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
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
₹265.49 M
₹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.
