Welmech Engineering Company Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.25 Cr
- Company Age 35 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.85 Cr
- Satisfied Charges ₹ 7.08 Cr
- Revenue Growth 224.72%
- Profit Growth 123.03%
- Ebitda 174.59%
- Net Worth 15.32%
- Total Assets 7.32%
About Welmech Engineering Company
Welmech Engineering Company Private Limited (WECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 November 1989 and has a history of 35 years and six months. Its registered office is in Tiruvallur, Tamil Nadu, India.
The Company is engaged in the Engineering 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 Cr and a paid-up capital of Rs 4.25 Cr.
The company currently has active open charges totaling ₹9.85 Cr. The company has closed loans amounting to ₹7.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
Hariharan Sundararaman, Mrinalini Vasanthi, and Preethamkumar Sadagopan serve as directors at the Company.
Company Details
- Location
Tiruvallur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29199TN1989PTC018299
- Company No.
018299
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Nov 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Engineering
What products or services does Welmech Engineering Company Private Limited offer?
Welmech Engineering Company Private Limited offers a wide range of products and services, including Industrial Furnaces & Ovens, Heating Furnace, Rotary Furnaces, Melting Furnaces, Furnace Structure, Drop Bottom Quench Furnace, Aluminum Furnace, Industrial Furnaces, Pusher Furnaces, Curing Oven.
Welmech Engineering Company Private Limited
Explore comprehensive data for Welmech Engineering Company Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Welmech Engineering Company?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Preethamkumar Sadagopan  | Managing Director | 27-Oct-2020 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hariharan Sundararaman | Director | 04-Jan-2021 | Current |
| Mrinalini Vasanthi | Director | 12-Jun-2024 | Current |
Financial Performance of Welmech Engineering Company.
Welmech Engineering Company Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 224.72% increase. The company also saw a substantial improvement in profitability, with a 123.03% increase in profit. The company's net worth Soared by an impressive increase of 15.32%.
- 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 Welmech Engineering Company?
In 2022, Welmech Engineering Company had a promoter holding of 99.89% and a public holding of 0.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Welmech Labs Private LimitedMrinalini Vasanthi and Preethamkumar Sadagopan are mutual person
- Akkiya Industries Private Limited
Mrinalini Vasanthi and Preethamkumar Sadagopan are mutual person
- Pattu Thermal Engineering Private Limited
Preethamkumar Sadagopan is a mutual person
Charges (Loans)
Open Charges
₹9.85 Cr
Satisfied Charges
₹7.08 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 9.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Mar 2000 | State Bank Of India | ₹9.85 Cr | Open |
| 06 Feb 2014 | Reliance Capital Ltd | ₹1.75 Cr | Satisfied |
| 08 Oct 2010 | Small Industries Development Bank Of India | ₹5.00 M | Satisfied |
| 20 Jan 2010 | Small Industries Development Bank Of India | ₹5.00 M | Satisfied |
| 08 Dec 2009 | Axis Bank Limited | ₹2.00 Cr | Satisfied |
How Many Employees Work at Welmech Engineering Company?
Welmech Engineering Company has a workforce of 5 employees as of Apr 06, 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 Welmech Engineering Company, 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 Welmech Engineering Company'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 Welmech Engineering Company
Recent activity within the organization
- Annual General Meeting
Welmech Engineering Company Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Mrinalini Srinivasagopal Vasanthi was appointed as a Director was appointed as a Director on 12 Jun 2024 & has been associated with this company since 11 months 1 day .
- Balance Sheet
Welmech Engineering Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with State Bank Of India of Rs. 9.85 Cr registered on 29 Mar 2000 with Charge ID 90293871 was modified on 10 Jan 2024.
- Director Appointment
Hariharan Sundararaman was appointed as a Director was appointed as a Director on 04 Jan 2021 & has been associated with this company since 4 years 4 months .
- Director Appointment
Preethamkumar Sadagopan was appointed as a Managing Director was appointed as a Managing Director on 27 Oct 2020 & has been associated with this company since 4 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Welmech Engineering Company Private Limited?
Welmech Engineering Company Private Limited was incorporated on 08 Nov 1989.
What is authorized share capital and paid-up capital of Welmech Engineering Company Private Limited?
The authorized share capital of Welmech Engineering Company Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.25 Cr.
Who are the current board members & directors of Welmech Engineering Company Private Limited?
Currently 3 directors are associated with Welmech Engineering Company Private Limited.
- Hariharan Sundararaman
- Mrinalini Srinivasagopal Vasanthi
- Preethamkumar Sadagopan
What is the registered address of Welmech Engineering Company Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Welmech Engineering Company Private Limited is Developed Plot No.11A/1 Sidco Industrial Estate Ambattur, India, Chennai, Tamil Nadu, 600098.
What is the corporate identification number (CIN) and company number of Welmech Engineering Company Private Limited?
The corporate identification number (CIN) of Welmech Engineering Company Private Limited is U29199TN1989PTC018299 and the company number is 018299 as per Ministry of Corporate Affairs (MCA).
What is the official website of Welmech Engineering Company Private Limited?
The Official website of Welmech Engineering Company Private Limited is https://www.welmech.com
What has been the recent revenue trend for Welmech Engineering Company Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Welmech Engineering Company Private Limited has risen by 224.72%.
How many employees does Welmech Engineering Company Private Limited currently have?
As Per 2023 financial reports, 5 employees are currently employed by Welmech Engineering Company Private Limited.
What change has been observed in the net worth of Welmech Engineering Company Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Welmech Engineering Company Private Limited has experienced an upsurge of 15.32%.
What are the total open charges for Welmech Engineering Company Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Welmech Engineering Company Private Limited amount to ₹ 9.85 Cr.
When was the last Balance Sheet of Welmech Engineering Company Private Limited filed with the ROC?
The most recent Balance Sheet for Welmech Engineering Company Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
AS
Achathvenadan SushmaDirectorSR
Sadagopan RamasamyManaging Director
Similar Companies Based on Metal Foundry & Fabrication Services
Sms India Private Limited Delhi, India
Jindal United Steel Limited Hisar, Haryana, India
Texmaco Rail & Engineering Limited 24 Parganas, West Bengal, India
Chromeni Steels Private Limited Ahmedabad, Gujarat, India
Tata Bluescope Steel Private Limited Pune, Maharashtra, India
Goodluck India Limited New Delhi, India
Urjaa Metalics Private Limited New Delhi, India
Purshotam Profiles Private Limited Delhi, India