Welspun Financial Services Profile
Key Indicators
- Authorised Capital ₹ 100.00 Cr
- Paid Up Capital ₹ 98.50 Cr
- Company Age 7 Year, 8 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 eight months 19 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
- 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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manish Rajkumar | CFO | 01-Nov-2022 | Current |
Tejas Jadhav  | Company Secretary | 01-Sep-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sandeep Garg | Nominee Director | 27-Jul-2017 | Current |
| Mohan Manikkan | Director | 07-Jul-2017 | Current |
| Devendra Krishna | Director | 07-Jul-2017 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Welspun Michigan Engineers LimitedSandeep Garg and Devendra Krishna are mutual person
Adani Welspun Exploration LimitedSandeep Garg is a mutual person
Welspun Enterprises LimitedSandeep Garg is a mutual person
- Welspun Bapl Private Limited
Mohan Manikkan and Devendra Krishna are mutual person
- Anjar Tmt Steel Private Limited
Mohan Manikkan is a mutual person
- Rank Real Estate And Infra Developers Private Limited
Mohan Manikkan and Devendra Krishna are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹259.00 Cr
Charges Breakdown by Lending Institutions
- Others : 259.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Mar 2023 | Others | ₹147.00 Cr | Satisfied |
| 27 Jul 2022 | Others | ₹112.00 Cr | Satisfied |
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.
Deals i
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
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 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.
- Balance Sheet
Welspun Financial Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 06 Mar 2023 via Charge ID 100729915 with Others was fully satisfied on 20 Jun 2023.
- Charges
A charge registered on 27 Jul 2022 via Charge ID 100597732 with Others was fully satisfied on 13 Apr 2023.
- Charges
A charge with Others amounted to Rs. 147.00 Cr with Charge ID 100729915 was registered on 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.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Welspun Financial Services Limited?
Welspun Financial Services Limited was incorporated on 07 Jul 2017.
What is authorized share capital and paid-up capital of Welspun Financial Services Limited?
The authorized share capital of Welspun Financial Services Limited is ₹ 100.00 Cr and paid-up capital is ₹ 98.50 Cr.
Who are the current board members & directors of Welspun Financial Services Limited?
Currently 5 directors are associated with Welspun Financial Services Limited.
- Mohan Kasiviswanathan Manikkan
- Sandeep Garg
- Devendra Patil Krishna
- Manish Lakhotia Rajkumar
- Tejas Kailash Jadhav
What is the registered address of Welspun Financial Services Limited?
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.
What is the corporate identification number (CIN) and company number of Welspun Financial Services Limited?
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).
What is the official website of Welspun Financial Services Limited?
The Official website of Welspun Financial Services Limited is https://www.welspun.com
What has been the recent revenue trend for Welspun Financial Services Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Welspun Financial Services Limited has risen by 56.96%.
How many employees does Welspun Financial Services Limited currently have?
As Per 2021 financial reports, 1 employees are currently employed by Welspun Financial Services Limited.
What change has been observed in the net worth of Welspun Financial Services Limited, and by what percentage?
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%.
When was the last Balance Sheet of Welspun Financial Services Limited filed with the ROC?
The most recent Balance Sheet for Welspun Financial Services Limited was filed with the ROC on 31 Mar 2024.
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