Welspun Financial Services Limited

Provides financial services such as loans, credit, and securities trading.

2017 | Mumbai, Maharashtra (India) | Active
Last Updated: December 25, 2024

Welspun Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 98.50 Cr
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 259.00 Cr
  • Revenue Growth 56.96%
  • Profit Growth 337.71%
  • Ebitda 278.26%
  • Net Worth 7.52%
  • Total Assets 7.48%

About Welspun Financial Services

Welspun Financial Services Limited (WFSL) is a Public Limited Indian Non-Government Company incorporated in India on 07 July 2017 (Seven years and seven months 17 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 100.00 Cr and a paid-up capital of Rs 98.50 Cr.

The company has closed loans amounting to ₹259.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Welspun Financial Services Limited India are Manish Rajkumar as CFO and Tejas Jadhav as Company Secretary. Mohan Manikkan, Sandeep Garg, and Devendra Krishna serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    welspun.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65929MH2017PLC297033

  • Company No.

    297033

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jul 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Welspun Financial Services?

Executive Team (2)

NameDesignationAppointment DateStatus
Manish Rajkumar CFO01-Nov-2022Current
Tejas Jadhav Country flag representing In Company Secretary01-Sep-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Sandeep Garg Country flag representing In Nominee Director 27-Jul-2017Current
Mohan Manikkan Country flag representing In Director 07-Jul-2017Current
Devendra Krishna Country flag representing In Director 07-Jul-2017Current

Financial Performance of Welspun Financial Services.

Welspun Financial Services Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 56.96% increase. The company also saw a substantial improvement in profitability, with a 337.71% increase in profit. The company's net worth moved up by a moderate rise of 7.52%.

Graph illustrating revenue growth over time
Graph showing 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
56.96%
Revenue from Operations
58.04%
Total Assets
7.48%
Profit or Loss
337.71%
Net Worth
7.52%
EBITDA
278.26%

What is the Ownership and Shareholding Structure of Welspun Financial Services?

In 2021, Welspun Financial Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹259.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 259.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Mar 2023Others₹147.00 CrSatisfied
27 Jul 2022Others₹112.00 CrSatisfied

How Many Employees Work at Welspun Financial Services?

Welspun Financial Services has a workforce of 1 employees as of Mar 30, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Welspun Financial Services, 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 Financial Services'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 Welspun Financial Services

Recent activity within the organization

  • Annual General Meeting

    Welspun Financial Services Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Welspun Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 06 Mar 2023 via Charge ID 100729915 with Others was fully satisfied on 20 Jun 2023.

    20 Jun 2023

  • Charges

    A charge registered on 27 Jul 2022 via Charge ID 100597732 with Others was fully satisfied on 13 Apr 2023.

    13 Apr 2023

  • Charges

    A charge with Others amounted to Rs. 147.00 Cr with Charge ID 100729915 was registered on 06 Mar 2023.

    06 Mar 2023

  • Charges

    A charge with Others of Rs. 112.00 Cr registered on 27 Jul 2022 with Charge ID 100597732 was modified on 11 Jan 2023.

    11 Jan 2023

Frequently asked questions

  • Welspun Financial Services Limited was incorporated on 07 Jul 2017.

  • The authorized share capital of Welspun Financial Services Limited is ₹ 100.00 Cr and paid-up capital is ₹ 98.50 Cr.

  • Currently 5 directors are associated with Welspun Financial Services Limited.

    • Mohan Kasiviswanathan Manikkan
    • Sandeep Garg
    • Devendra Patil Krishna
    • Manish Lakhotia Rajkumar
    • Tejas Kailash Jadhav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Welspun Financial Services Limited is 7Th Floor Welspun House Kamala City Senapati Bapat Marg, Lower Parel (West) India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Welspun Financial Services Limited is U65929MH2017PLC297033 and the company number is 297033 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Welspun Financial Services Limited is https://www.welspun.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Welspun Financial Services Limited has risen by 56.96%.

  • As Per 2021 financial reports, 1 employees are currently employed by Welspun Financial Services Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Welspun Financial Services Limited has experienced an upsurge of 7.52%.

  • The most recent Balance Sheet for Welspun Financial Services Limited was filed with the ROC on 31 Mar 2024.

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