Wellspring Steels Private Limited

Metal product manufacturing company with a focus on PPGI/PPGL coils, GI/GL roofing sheets, and shutters.

2019 | Ernakulam, Kerala (India) | Active
Last Updated: December 24, 2024

Wellspring Steels Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 5 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.40 M
  • Revenue Growth -23.71%
  • Profit Growth -105.01%
  • Ebitda -104.81%
  • Net Worth -2.33%
  • Total Assets -19.06%

About Wellspring Steels

Wellspring Steels Private Limited (WSPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 April 2019 (Five years and nine months 26 days old ). Its registered office is in Ernakulam, Kerala, India.

The Company is engaged in the Metals And Minerals 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.40 M.

Puthenveettil Teju and Vini Teju serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U27320KL2019PTC057544

  • Company No.

    057544

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Apr 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Metals and Minerals

Who are the key members and board of directors at Wellspring Steels?

Board Members (2)

Name Designation Appointment Date Status
Puthenveettil Teju Country flag representing In Director 08-Apr-2019 Current
Vini Teju Country flag representing In Director 08-Apr-2019 Current

Financial Performance of Wellspring Steels.

Wellspring Steels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.71% decrease. The company also saw a substantial fall in profitability, with a 105.01% decrease in profit. The company's net worth dipped by a decrease of 2.33%.

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
-23.71%
Revenue from Operations
-23.71%
Total Assets
-19.06%
Profit or Loss
-105.01%
Net Worth
-2.33%
EBITDA
-104.81%

What is the Ownership and Shareholding Structure of Wellspring Steels?

In 2023, Wellspring Steels 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

₹1.40 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.14 Cr

Latest Charge Details

Date Lender Amount Status
08 Jul 2021 Axis Bank Limited ₹1.40 M Open

How Many Employees Work at Wellspring Steels?

Unlock and access historical data on people associated with Wellspring Steels, 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 Wellspring Steels, 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 Wellspring Steels'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 Wellspring Steels

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Wellspring Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.40 M with Charge ID 100464265 was registered on 08 Jul 2021.

    08 Jul 2021

  • Director Appointment

    Puthenveettil Rajagopalan Teju was appointed as a Director was appointed as a Director on 08 Apr 2019 & has been associated with this company since 5 years 9 months .

    08 Apr 2019

  • Director Appointment

    Vini Teju was appointed as a Director was appointed as a Director on 08 Apr 2019 & has been associated with this company since 5 years 9 months .

    08 Apr 2019

  • Company Incorporation

    Wellspring Steels Private Limited was registered on 08 Apr 2019 with Roc Ernakulam & aged 5 years 9 months as per MCA records.

    08 Apr 2019

Frequently asked questions

  • Wellspring Steels Private Limited was incorporated on 08 Apr 2019.

  • The authorized share capital of Wellspring Steels Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Wellspring Steels Private Limited.

    • Puthenveettil Rajagopalan Teju
    • Vini Teju
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wellspring Steels Private Limited is 30/1189 A, Vyttila Junction P.O India, Ernakulam, Kerala, 682019.

  • The corporate identification number (CIN) of Wellspring Steels Private Limited is U27320KL2019PTC057544 and the company number is 057544 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wellspring Steels Private Limited is https://www.wellspringsteels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wellspring Steels Private Limited has fallen by -23.71%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wellspring Steels Private Limited has experienced an downturn of -2.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Wellspring Steels Private Limited amount to ₹ 1.40 M.

  • The most recent Balance Sheet for Wellspring Steels Private Limited was filed with the ROC on 31 Mar 2023.