Welset Plast Extrusions Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.93 Cr
- Company Age 36 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 56.85 Cr
- Satisfied Charges ₹ 31.96 Cr
- Revenue Growth 24.24%
- Profit Growth 208.84%
- Ebitda 982.99%
- Net Worth 8.35%
- Total Assets 2.34%
About Welset Plast Extrusions
Welset Plast Extrusions Private Limited (WPEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 July 1988 and has a history of 36 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Manufacturing 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 2.93 Cr.
The company currently has active open charges totaling ₹56.85 Cr. The company has closed loans amounting to ₹31.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashok Kothary, Paresh Mehta, Indira Mehta, and Two other members 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
U24134MH1988PTC048042
- Company No.
048042
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Jul 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
What products or services does Welset Plast Extrusions Private Limited offer?
Welset Plast Extrusions Private Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Heat Exchanger Parts, PET Granules & Plastic Raw Material, PVC Plastic Granule, Masterbatches, Additive Masterbatches.
Welset Plast Extrusions Private Limited
Explore comprehensive data for Welset Plast Extrusions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Welset Plast Extrusions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arvind Mehta  | Managing Director | 08-Jul-1988 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashok Kothary | Director | 04-Sep-2017 | Current |
| Paresh Mehta | Director | 07-Mar-1996 | Current |
| Indira Mehta | Director | 08-Jul-1988 | Current |
| Keshavi Mehta | Director | 06-Apr-2019 | Current |
Financial Performance of Welset Plast Extrusions.
Welset Plast Extrusions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.24% increase. The company also saw a substantial improvement in profitability, with a 208.84% increase in profit. The company's net worth moved up by a moderate rise of 8.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Welset Plast Extrusions?
In 2023, Welset Plast Extrusions had a promoter holding of 84.63% and a public holding of 15.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The All India Plastics Manufactures AssociationArvind Mehta is a mutual person
Nichrome Info Management Private LimitedAshok Kothary is a mutual person
Nichrome India LimitedAshok Kothary is a mutual person
Baif Agro And Bio Technology Private LimitedAshok Kothary is a mutual person
Concord Marketing And Financiers Private LimitedAshok Kothary is a mutual person
- Ksmn Ventures Private Limited
Ashok Kothary is a mutual person
Charges (Loans)
Open Charges
₹56.85 Cr
Satisfied Charges
₹31.96 Cr
Charges Breakdown by Lending Institutions
- Others : 52.48 Cr
- State Bank Of India : 4.37 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Apr 2024 | Others | ₹26.13 Cr | Open |
| 24 Aug 2023 | Others | ₹26.35 Cr | Open |
| 18 Mar 2004 | State Bank Of India | ₹2.00 Cr | Open |
| 18 Mar 2004 | State Bank Of India | ₹2.00 Cr | Open |
| 24 Dec 1997 | State Bank Of India | ₹1.43 M | Open |
How Many Employees Work at Welset Plast Extrusions?
Welset Plast Extrusions has a workforce of 111 employees as of Apr 08, 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 Welset Plast Extrusions, 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 Welset Plast Extrusions's trajectory.
Rating
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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 Welset Plast Extrusions
Recent activity within the organization
- Annual General Meeting
Welset Plast Extrusions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 26.13 Cr registered on 26 Apr 2024 with Charge ID 100918223 was modified on 26 Sep 2024.
- Charges
A charge with Others of Rs. 26.35 Cr registered on 24 Aug 2023 with Charge ID 100781070 was modified on 05 Sep 2024.
- Charges
A charge with Others amounted to Rs. 26.13 Cr with Charge ID 100918223 was registered on 26 Apr 2024.
- Balance Sheet
Welset Plast Extrusions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 12 Mar 2005 via Charge ID 90237687 with Sbi Factors And Commercial Services Private Limited was fully satisfied on 10 Nov 2023.
Frequently asked questions
What is the Incorporation or founding date of Welset Plast Extrusions Private Limited?
Welset Plast Extrusions Private Limited was incorporated on 08 Jul 1988.
What is authorized share capital and paid-up capital of Welset Plast Extrusions Private Limited?
The authorized share capital of Welset Plast Extrusions Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.93 Cr.
Who are the current board members & directors of Welset Plast Extrusions Private Limited?
Currently 5 directors are associated with Welset Plast Extrusions Private Limited.
- Ashok Natwarlal Kothary
- Paresh Arvind Mehta
- Indira Arvind Mehta
- Arvind Mathuradas Mehta
- Keshavi Mehta
What is the registered address of Welset Plast Extrusions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Welset Plast Extrusions Private Limited is 8 Metalage Ind Compoundsubhash Road Jogeshwari E India, Mumbai, Maharashtra, 400060.
What is the corporate identification number (CIN) and company number of Welset Plast Extrusions Private Limited?
The corporate identification number (CIN) of Welset Plast Extrusions Private Limited is U24134MH1988PTC048042 and the company number is 048042 as per Ministry of Corporate Affairs (MCA).
What is the official website of Welset Plast Extrusions Private Limited?
The Official website of Welset Plast Extrusions Private Limited is https://www.welset.com
What has been the recent revenue trend for Welset Plast Extrusions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Welset Plast Extrusions Private Limited has risen by 24.24%.
How many employees does Welset Plast Extrusions Private Limited currently have?
As Per 2023 financial reports, 111 employees are currently employed by Welset Plast Extrusions Private Limited.
What change has been observed in the net worth of Welset Plast Extrusions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Welset Plast Extrusions Private Limited has experienced an upsurge of 8.35%.
What are the total open charges for Welset Plast Extrusions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Welset Plast Extrusions Private Limited amount to ₹ 56.85 Cr.
When was the last Balance Sheet of Welset Plast Extrusions Private Limited filed with the ROC?
The most recent Balance Sheet for Welset Plast Extrusions Private Limited was filed with the ROC on 31 Mar 2024.
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