Welspun Advanced Materials (India) Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 33.01 Cr
- Company Age 5 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 284.74 Cr
- Satisfied Charges ₹ 155.00 Cr
- Revenue Growth 1639.49%
- Profit Growth -1925.82%
- Ebitda 19827.13%
- Net Worth -0.02%
- Total Assets 10.43%
About Welspun Advanced Materials (India)
Welspun Advanced Materials (India) Limited (WAMIL) is a Public Limited Indian Non-Government Company incorporated in India on 03 December 2019 (Five years and two months 30 days old ). Its registered office is in Hyderabad, Telangana, 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 35.00 Cr and a paid-up capital of Rs 33.01 Cr.
The company currently has active open charges totaling ₹284.74 Cr. The company has closed loans amounting to ₹155.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Welspun Advanced Materials (India) Limited India are Sharad Agarwal as CFO and Shashikant Thorat as Company Secretary. Harish Gupta, Guggilam Kumar, Balkrishan Goenka, and Six other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17309TG2019PLC137277
- Company No.
137277
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Dec 2019
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Manufacturing
Who are the key members and board of directors at Welspun Advanced Materials (India)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sharad Agarwal | CFO | 14-May-2021 | Current |
| Shashikant Thorat | Company Secretary | 14-May-2021 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Mandawewala  | Director | 03-Dec-2019 | Current |
| Guggilam Kumar | Additional Director | 04-Jun-2024 | Current |
| Dipali Goenka | Director | 03-Dec-2019 | Current |
| Balkrishan Goenka | Director | 03-Dec-2019 | Current |
| Harish Gupta | Additional Director | 19-Apr-2024 | Current |
| Lalchand Hotwani | Director | 19-Apr-2024 | Current |
Financial Performance of Welspun Advanced Materials (India).
Welspun Advanced Materials (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1639.49% increase. The company also saw a substantial fall in profitability, with a 1925.82% decrease in profit. The company's net worth dipped by a decrease of 0.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Welspun Advanced Materials (India)?
In 2023, Welspun Advanced Materials (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Dipali Goenka is a mutual person
Charges (Loans)
Open Charges
₹284.74 Cr
Satisfied Charges
₹155.00 Cr
Charges Breakdown by Lending Institutions
- Others : 284.74 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Oct 2022 | Others | ₹75.00 Cr | Open |
| 04 Jan 2021 | Others | ₹209.74 Cr | Open |
| 18 Aug 2021 | Axis Bank Limited | ₹50.00 Cr | Satisfied |
| 11 Aug 2020 | Others | ₹105.00 Cr | Satisfied |
How Many Employees Work at Welspun Advanced Materials (India)?
Welspun Advanced Materials (India) has a workforce of 143 employees as of Mar 31, 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 Welspun Advanced Materials (India), 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 Welspun Advanced Materials (India)'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 Welspun Advanced Materials (India)
Recent activity within the organization
- Annual General Meeting
Welspun Advanced Materials (India) Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Director Appointment
Guggilam Rajagopalan Arun Kumar was appointed as a Additional Director was appointed as a Additional Director on 04 Jun 2024 & has been associated with this company since 8 months 27 days .
- Director Appointment
Harish Chandra Gupta was appointed as a Additional Director was appointed as a Additional Director on 19 Apr 2024 & has been associated with this company since 10 months 12 days .
- Director Appointment
Lalchand Tekchand Hotwani was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 10 months 12 days .
- Balance Sheet
Welspun Advanced Materials (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Director Appointment
Anant Charan Panigrahi was appointed as a Additional Director was appointed as a Additional Director on 30 Jan 2024 & has been associated with this company since 1 year 1 month .
Recent News, Updates & Announcement
- New CEO of Welspun New Energy Limited: From Humble Beginnings to Leading Strategic Direction.
When you get hired as CEO of Welspun New Energy Limited and your boss says you'll give strategic direction to the company, but you're just happy to have a job. #humblebrag #newCEO #WelspunEnterprises #greenenergy #solarpower #IITgrad #IIMdegree.
Frequently asked questions
What is the Incorporation or founding date of Welspun Advanced Materials (India) Limited?
Welspun Advanced Materials (India) Limited was incorporated on 03 Dec 2019.
What is authorized share capital and paid-up capital of Welspun Advanced Materials (India) Limited?
The authorized share capital of Welspun Advanced Materials (India) Limited is ₹ 35.00 Cr and paid-up capital is ₹ 33.01 Cr.
Who are the current board members & directors of Welspun Advanced Materials (India) Limited?
Currently 11 directors are associated with Welspun Advanced Materials (India) Limited.
- Sharad Agarwal
- Harish Chandra Gupta
- Guggilam Rajagopalan Arun Kumar
- Balkrishan Gopiram Goenka
- Rajesh Rameshkumar Mandawewala
- Lalchand Tekchand Hotwani
- Dipali Balkrishan Goenka
- Chintan Thaker
- Milind Bhaskar Hardikar
- Anant Charan Panigrahi
- Shashikant Bhausaheb Thorat
What is the registered address of Welspun Advanced Materials (India) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Welspun Advanced Materials (India) Limited is 5-10-197/ Abc Flat No. G5 Reliance Krishna, Hill Fort Road India, Khairatabad, Telangana, 500004.
What is the corporate identification number (CIN) and company number of Welspun Advanced Materials (India) Limited?
The corporate identification number (CIN) of Welspun Advanced Materials (India) Limited is U17309TG2019PLC137277 and the company number is 137277 as per Ministry of Corporate Affairs (MCA).
What is the official website of Welspun Advanced Materials (India) Limited?
The Official website of Welspun Advanced Materials (India) Limited is https://www.welspun.com
What has been the recent revenue trend for Welspun Advanced Materials (India) Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Welspun Advanced Materials (India) Limited has risen by 1639.49%.
How many employees does Welspun Advanced Materials (India) Limited currently have?
As Per 2023 financial reports, 143 employees are currently employed by Welspun Advanced Materials (India) Limited.
What change has been observed in the net worth of Welspun Advanced Materials (India) Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Welspun Advanced Materials (India) Limited has experienced an downturn of -0.02%.
What are the total open charges for Welspun Advanced Materials (India) Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Welspun Advanced Materials (India) Limited amount to ₹ 284.74 Cr.
When was the last Balance Sheet of Welspun Advanced Materials (India) Limited filed with the ROC?
The most recent Balance Sheet for Welspun Advanced Materials (India) Limited was filed with the ROC on 31 Mar 2024.
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