Welpac Products And Systems Private Limited

Founded in 1980 headquartered in Karnataka, India.

1980 | Bangaluru, Karnataka (India) | Active
Last Updated: December 26, 2024

Who are the key members and board of directors at Welpac Products And Systems?

Executive Team (1)

NameDesignationAppointment DateStatus
Mayoor Kurva Country flag representing GbManaging Director01-Apr-2004Current

Board Members (1)

NameDesignationAppointment DateStatus
Krish Kurva Country flag representing In Director 08-Sep-2020Current

Financial Performance of Welpac Products And Systems.

Welpac Products And Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 41.38% increase. The company also saw a substantial fall in profitability, with a 11.55% decrease in profit. The company's net worth observed a substantial decline by a decrease of 20.56%.

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
41.38%
Revenue from Operations
54.10%
Total Assets
17.38%
Profit or Loss
-11.55%
Net Worth
-20.56%
EBITDA
7.87%

Charges (Loans)

Open Charges

₹1.10 M

Satisfied Charges

₹35.88 M

Charges Breakdown by Lending Institutions

  • The Tamilnadu Industrial Investment Cor. Ltd. : 0.08 Cr
  • Standard Chartered Bank : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jul 1997Standard Chartered Bank₹0.30 MOpen
22 Dec 1980The Tamilnadu Industrial Investment Cor. Ltd.₹0.80 MOpen
23 May 2008The Karnataka Bank Limited₹0.60 MSatisfied
18 Aug 2006The Karnataka Bank Limited₹0.34 MSatisfied
29 Nov 2002The Karnataka State Financial Corporation₹4.00 MSatisfied

How Many Employees Work at Welpac Products And Systems?

Unlock and access historical data on people associated with Welpac Products And Systems, 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 Welpac Products And Systems, 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 Welpac Products And Systems'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 Welpac Products And Systems

Recent activity within the organization

  • Annual General Meeting

    Welpac Products And Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Welpac Products And Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge registered on 01 Jul 1981 via Charge ID 90002105 with State Bank Of India was fully satisfied on 07 Nov 2022.

    07 Nov 2022

  • Charges

    A charge registered on 23 May 2008 via Charge ID 10106512 with The Karnataka Bank Limited was fully satisfied on 13 Oct 2022.

    13 Oct 2022

  • Charges

    A charge registered on 18 Aug 2006 via Charge ID 10019875 with The Karnataka Bank Limited was fully satisfied on 13 Oct 2022.

    13 Oct 2022

  • Charges

    A charge registered on 15 Sep 2001 via Charge ID 90003778 with The Karnataka Bank Ltd. was fully satisfied on 13 Oct 2022.

    13 Oct 2022

Frequently asked questions

  • Welpac Products And Systems Private Limited was incorporated on 12 Aug 1980.

  • The authorized share capital of Welpac Products And Systems Private Limited is ₹ 4.00 M and paid-up capital is ₹ 1.70 M.

  • Currently 2 directors are associated with Welpac Products And Systems Private Limited.

    • Mayoor Kantilal Kurva
    • Krish Mayoor Kurva
  • As per Ministry of Corporate Affairs (Mca), the registered address of Welpac Products And Systems Private Limited is 31 Venkatreddy Layout Iii Cross 80 Feet Road Cross, Koramangala 6Th Bloc K India, Bangalore, Karnataka, 560095.

  • The corporate identification number (CIN) of Welpac Products And Systems Private Limited is U02422KA1980PTC035355 and the company number is 035355 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Welpac Products And Systems Private Limited is https://www.welpac.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Welpac Products And Systems Private Limited has risen by 41.38%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Welpac Products And Systems Private Limited has experienced an downturn of -20.56%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Welpac Products And Systems Private Limited amount to ₹ 1.10 M.

  • The most recent Balance Sheet for Welpac Products And Systems Private Limited was filed with the ROC on 31 Mar 2024.

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