Well Spain Rubber Private Limited

Manufacturer of reclaim rubber for various industries, exporting globally since 2013.

2013 | Rajkot, Gujarat (India) | Active
Last Updated: October 24, 2024

Well Spain Rubber Profile

Key Indicators

  • Authorised Capital ₹ 1.30 Cr
  • Paid Up Capital ₹ 1.30 Cr
  • Company Age 11 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.68 Cr
  • Satisfied Charges ₹ 2.17 Cr
  • Revenue Growth 58.16%
  • Profit Growth 33.44%
  • Ebitda -9.59%
  • Net Worth 10.11%
  • Total Assets -13.67%

About Well Spain Rubber

Well Spain Rubber Private Limited (WSRPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 July 2013 and has a history of 11 years and six months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Manufacturing 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 1.30 Cr and a paid-up capital of Rs 1.30 Cr.

The company currently has active open charges totaling ₹2.68 Cr. The company has closed loans amounting to ₹2.17 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vasantbhai Shingala, Darpan Shingala, and Rasik Shingala serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25203GJ2013PTC076094

  • Company No.

    076094

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 2013

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Well Spain Rubber Private Limited offer?

Well Spain Rubber Private Limited offers a wide range of products and services, including Rubber & Rubber Products, Reclaimed Rubber, Natural Tube Reclaim Rubber, Butyl Reclaimed Rubber.

Who are the key members and board of directors at Well Spain Rubber?

Board Members (3)

Name Designation Appointment Date Status
Vasantbhai Shingala Country flag representing In Director 19-Jul-2013 Current
Darpan Shingala Country flag representing In Additional Director 05-Feb-2024 Current
Rasik Shingala Country flag representing In Additional Director 05-Feb-2024 Current

Financial Performance of Well Spain Rubber.

Well Spain Rubber Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.16% increase. The company also saw a substantial improvement in profitability, with a 33.44% increase in profit. The company's net worth Soared by an impressive increase of 10.11%.

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
58.16%
Revenue from Operations
58.77%
Total Assets
-13.67%
Profit or Loss
33.44%
Net Worth
10.11%
EBITDA
-9.59%

What is the Ownership and Shareholding Structure of Well Spain Rubber?

In 2023, Well Spain Rubber 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

₹2.68 Cr

Satisfied Charges

₹2.17 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 1.50 Cr
  • Others : 1.18 Cr

Latest Charge Details

Date Lender Amount Status
31 May 2024 Bank Of India ₹1.50 Cr Open
30 Jan 2019 Others ₹1.18 Cr Open
05 Jul 2014 Bank Of India ₹2.17 Cr Satisfied

How Many Employees Work at Well Spain Rubber?

Unlock and access historical data on people associated with Well Spain Rubber, 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 Well Spain Rubber, 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 Well Spain Rubber'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 Well Spain Rubber

Recent activity within the organization

  • Charges

    A charge with Bank Of India of Rs. 1.50 Cr registered on 31 May 2024 with Charge ID 100955048 was modified on 22 Jul 2024.

    22 Jul 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 1.50 Cr with Charge ID 100955048 was registered on 31 May 2024.

    31 May 2024

  • Director Appointment

    Darpan Vasantbhai Shingala was appointed as a Additional Director was appointed as a Additional Director on 05 Feb 2024 & has been associated with this company since 1 year 3 days .

    05 Feb 2024

  • Director Appointment

    Rasik Ranchhodbhai Shingala was appointed as a Additional Director was appointed as a Additional Director on 05 Feb 2024 & has been associated with this company since 1 year 3 days .

    05 Feb 2024

  • Annual General Meeting

    Well Spain Rubber Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Well Spain Rubber Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

Frequently asked questions

  • Well Spain Rubber Private Limited was incorporated on 19 Jul 2013.

  • The authorized share capital of Well Spain Rubber Private Limited is ₹ 1.30 Cr and paid-up capital is ₹ 1.30 Cr.

  • Currently 3 directors are associated with Well Spain Rubber Private Limited.

    • Vasantbhai Ranchhodbhai Shingala
    • Darpan Vasantbhai Shingala
    • Rasik Ranchhodbhai Shingala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Well Spain Rubber Private Limited is Plot No. 01 And 02 Survey No 142 Nr. Bapa Sitaram Temple Thordi, Tal: Kota Da Sangani India, Rajkot, Gujarat, 360070.

  • The corporate identification number (CIN) of Well Spain Rubber Private Limited is U25203GJ2013PTC076094 and the company number is 076094 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Well Spain Rubber Private Limited is https://www.wellspainrubber.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Well Spain Rubber Private Limited has risen by 58.16%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Well Spain Rubber Private Limited has experienced an upsurge of 10.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Well Spain Rubber Private Limited amount to ₹ 2.68 Cr.

  • The most recent Balance Sheet for Well Spain Rubber Private Limited was filed with the ROC on 31 Mar 2023.

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