Welpack Industries Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.29 Cr
- Company Age 22 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 29.11 Cr
- Satisfied Charges ₹ 28.60 Cr
- Revenue Growth -22.83%
- Profit Growth -127.14%
- Ebitda -83.50%
- Net Worth -0.61%
- Total Assets 0.36%
About Welpack Industries
Welpack Industries Private Limited (WIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 November 2002 and has a history of 22 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Welpack Industries Limited. The Company is engaged in the Packaging 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 3.00 Cr and a paid-up capital of Rs 1.29 Cr.
The company currently has active open charges totaling ₹29.11 Cr. The company has closed loans amounting to ₹28.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vikram Sanghvi, Arvindkumar Sanghvi, and Nimesh Sanghvi serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25200MH2002PTC138024
- Company No.
138024
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Nov 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Packaging
What products or services does Welpack Industries Private Limited offer?
Welpack Industries Private Limited offers a wide range of products and services, including Commercial Vehicle Spare Parts, Truck Accessories, Bulk Bags & Sacks, Garbage and Waste Bags, Packaging, Laminated & Zip Bags, Biodegradable and Compostable Bags, Plastic Bags, Industrial Fabrics and Textiles, Coated Fabric.
Who are the key members and board of directors at Welpack Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikram Sanghvi  | Director | 01-Apr-2010 | Current |
| Arvindkumar Sanghvi | Director | 28-Nov-2002 | Current |
| Nimesh Sanghvi | Director | 20-Jul-2006 | Current |
Financial Performance of Welpack Industries.
Welpack Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.83% decrease. The company also saw a substantial fall in profitability, with a 127.14% decrease in profit. The company's net worth dipped by a decrease of 0.61%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Welpack Industries?
In 2023, Welpack Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹29.11 Cr
Satisfied Charges
₹28.60 Cr
Charges Breakdown by Lending Institutions
- Others : 29.11 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jul 2021 | Others | ₹19.01 Cr | Open |
| 29 Apr 2019 | Others | ₹10.10 Cr | Open |
| 30 Jan 2006 | Hdfc Bank Limited | ₹28.60 Cr | Satisfied |
| 17 Mar 2004 | Central Bank Of India | ₹0.00 | Satisfied |
How Many Employees Work at Welpack Industries?
Welpack Industries has a workforce of 71 employees as of Apr 05, 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 Welpack Industries, 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 Welpack Industries'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 Welpack Industries
Recent activity within the organization
- Annual General Meeting
Welpack Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Welpack Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Others of Rs. 19.01 Cr registered on 17 Jul 2021 with Charge ID 100468406 was modified on 18 Jan 2023.
- Charges
A charge with Others amounted to Rs. 19.01 Cr with Charge ID 100468406 was registered on 17 Jul 2021.
- Charges
A charge registered on 30 Jan 2006 via Charge ID 80021145 with Hdfc Bank Limited was fully satisfied on 27 Sep 2019.
- Charges
A charge with Others amounted to Rs. 10.10 Cr with Charge ID 100262193 was registered on 29 Apr 2019.
Frequently asked questions
What is the Incorporation or founding date of Welpack Industries Private Limited?
Welpack Industries Private Limited was incorporated on 28 Nov 2002.
What is authorized share capital and paid-up capital of Welpack Industries Private Limited?
The authorized share capital of Welpack Industries Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.29 Cr.
Who are the current board members & directors of Welpack Industries Private Limited?
Currently 3 directors are associated with Welpack Industries Private Limited.
- Vikram Arvindkumar Sanghvi
- Arvindkumar Ratilal Sanghvi
- Nimesh Arvindkumar Sanghvi
What is the registered address of Welpack Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Welpack Industries Private Limited is Unit No. 235-237 Ijmima Imitation Jewellery Market Cs Off. Link Road, Malad (West) India, Mumbai, Maharashtra, 400064.
What is the corporate identification number (CIN) and company number of Welpack Industries Private Limited?
The corporate identification number (CIN) of Welpack Industries Private Limited is U25200MH2002PTC138024 and the company number is 138024 as per Ministry of Corporate Affairs (MCA).
What is the official website of Welpack Industries Private Limited?
The Official website of Welpack Industries Private Limited is https://www.welpackind.com
What has been the recent revenue trend for Welpack Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Welpack Industries Private Limited has fallen by -22.83%.
How many employees does Welpack Industries Private Limited currently have?
As Per 2023 financial reports, 71 employees are currently employed by Welpack Industries Private Limited.
What change has been observed in the net worth of Welpack Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Welpack Industries Private Limited has experienced an downturn of -0.61%.
What are the total open charges for Welpack Industries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Welpack Industries Private Limited amount to ₹ 29.11 Cr.
When was the last Balance Sheet of Welpack Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Welpack Industries Private Limited was filed with the ROC on 31 Mar 2023.
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