Welpack Industries Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.29 Cr
- Company Age 22 Year, 2 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 two 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
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U25200MH2002PTC138024
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Company No.
138024
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 Nov 2002
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
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
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Director | 01-Apr-2010 | Current |
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Arvindkumar Sanghvi
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Director | 28-Nov-2002 | Current |
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Nimesh Sanghvi
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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%.
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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)
₹29.11 Cr
₹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.
