Welspun Wasco Coatings Profile
Key Indicators
- Authorised Capital ₹ 60.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 49.93 Cr
as on 16-11-2024
- Company Age 9 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 17.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 56.00 Cr
as on 16-11-2024
- Revenue -52.19%
(FY 2023)
- Profit 92.79%
(FY 2023)
- Ebitda 112.59%
(FY 2023)
- Net Worth -5.79%
(FY 2023)
- Total Assets -33.05%
(FY 2023)
About Welspun Wasco Coatings
The Company is engaged in the Engineering 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 60.00 Cr and a paid-up capital of Rs 49.93 Cr.
The company currently has active open charges totaling ₹17.00 Cr. The company has closed loans amounting to ₹56.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Welspun Wasco Coatings Private Limited India are Gaurav Merchant as CFO and Dipti Modi as Company Secretary. Godfrey John, Ramanathan Singaram, Percy Birdy, and One other member serve as directors at the Company.
- CIN/LLPIN
U28920GJ2015PTC084632
- Company No.
084632
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Sep 2015
- Date of AGM
23 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Kachchh, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Welspun Wasco Coatings?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gaurav Merchant  | CFO | 02-Feb-2017 | Current |
| Dipti Modi | Company Secretary | 16-May-2024 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Percy Birdy | Director | 27-Oct-2020 | Current |
| Godfrey John | Director | 02-Apr-2021 | Current |
Ramanathan Singaram  | Nominee Director | 30-Sep-2015 | Current |
Martyn Wilmott  | Director | 05-Oct-2020 | Current |
Financial Performance and Corporate Structure Insights of Welspun Wasco Coatings.
Welspun Wasco Coatings Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 52.19% decrease. The company also saw a substantial improvement in profitability, with a 92.79% increase in profit. The company's net worth dipped by a decrease of 5.79%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Welspun Wasco Coatings?
In 2023, Welspun Wasco Coatings 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)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 06 Feb 2021 | ₹17.00 Cr | Open |
Idbi Bank Limited Creation Date: 11 May 2016 | ₹56.00 Cr | Satisfied |
How Many Employees Work at Welspun Wasco Coatings?
Welspun Wasco Coatings has a workforce of 11 employees as of Apr 09, 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 Wasco Coatings, 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 Wasco Coatings'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.
