Welpac Products And Systems Private Limited

Founded in 1980 and headquartered in Karnataka, India.

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

Welpac Products And Systems Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 1.70 M
  • Company Age 44 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.10 M
  • Satisfied Charges ₹ 3.59 Cr
  • Revenue Growth 41.38%
  • Profit Growth -11.55%
  • Ebitda 7.87%
  • Net Worth -20.56%
  • Total Assets 17.38%

About Welpac Products And Systems

Welpac Products And Systems Private Limited (WPASPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 August 1980 and has a history of 44 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Media And Publishing 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 4.00 M and a paid-up capital of Rs 1.70 M.

The company currently has active open charges totaling ₹1.10 M. The company has closed loans amounting to ₹3.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mayoor Kurva and Krish Kurva serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U02422KA1980PTC035355

  • Company No.

    035355

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Aug 1980

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Media and Publishing

What products or services does Welpac Products And Systems Private Limited offer?

Welpac Products And Systems Private Limited offers a wide range of products and services, including Automotive Components.

Company report

Welpac Products And Systems Private Limited

Explore comprehensive data for Welpac Products And Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mayoor Kurva Country flag representing Gb Managing 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%.

Welpac Products And Systems revenue growth over time
Welpac Products And Systems 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%

What is the Ownership and Shareholding Structure of Welpac Products And Systems?

In 2020, Welpac Products And Systems had a promoter holding of 87.65% and a public holding of 12.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.10 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.

Employee growth trends for Welpac Products And Systems Private Limited

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.

  • Balance Sheet

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

  • Charges

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

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Welpac Products And Systems Private Limited?

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

  • What is authorized share capital and paid-up capital of Welpac Products And Systems Private Limited?

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

  • Who are the current board members & directors of Welpac Products And Systems Private Limited?

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

    • Mayoor Kantilal Kurva
    • Krish Mayoor Kurva
  • What is the registered address of Welpac Products And Systems Private Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Welpac Products And Systems Private Limited?

    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).

  • What is the official website of Welpac Products And Systems Private Limited?

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

  • What has been the recent revenue trend for Welpac Products And Systems Private Limited?

    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%.

  • What change has been observed in the net worth of Welpac Products And Systems Private Limited, and by what percentage?

    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%.

  • What are the total open charges for Welpac Products And Systems Private Limited?

    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.

  • When was the last Balance Sheet of Welpac Products And Systems Private Limited filed with the ROC?

    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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