Welspun Wasco Coatings Private Limited

Specializes in various types of coating services for metallic structures and pipes.

2015 | Kachchh, Gujarat (India) | Active
Last Updated: November 16, 2024

Welspun Wasco Coatings Profile

Key Indicators

  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 49.93 Cr
  • Company Age 9 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.00 Cr
  • Satisfied Charges ₹ 56.00 Cr
  • Revenue Growth -52.19%
  • Profit Growth 92.79%
  • Ebitda 112.59%
  • Net Worth -5.79%
  • Total Assets -33.05%

About Welspun Wasco Coatings

Welspun Wasco Coatings Private Limited (WWCPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 September 2015 (Nine years and four months 23 days old ). Its registered office is in Kachchh, Gujarat, India.

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.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    welspun.com

  • Social Media
    -

Corporate Identity Details

  • 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

Engineering

Who are the key members and board of directors at Welspun Wasco Coatings?

Executive Team (2)

NameDesignationAppointment DateStatus
Gaurav Merchant Country flag representing In CFO02-Feb-2017Current
Dipti Modi Company Secretary16-May-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Percy Birdy Country flag representing In Director 27-Oct-2020Current
Godfrey John Country flag representing In Director 02-Apr-2021Current
Ramanathan Singaram Country flag representing My Nominee Director 30-Sep-2015Current
Martyn Wilmott Country flag representing Gb Director 05-Oct-2020Current

Financial Performance 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%.

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
-52.19%
Revenue from Operations
-52.71%
Total Assets
-33.05%
Profit or Loss
92.79%
Net Worth
-5.79%
EBITDA
112.59%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.00 Cr

Satisfied Charges

₹56.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 17.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Feb 2021Others₹17.00 CrOpen
11 May 2016Idbi Bank Limited₹56.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Wasco Coatings

Recent activity within the organization

  • Annual General Meeting

    Welspun Wasco Coatings Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Director Appointment

    Dipti Deepak Modi was appointed as a Company Secretary was appointed as a Company Secretary on 16 May 2024 & has been associated with this company since 9 months 6 days .

    16 May 2024

  • Balance Sheet

    Welspun Wasco Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Godfrey John was appointed as a Director was appointed as a Director on 02 Apr 2021 & has been associated with this company since 3 years 10 months .

    02 Apr 2021

  • Charges

    A charge with Others amounted to Rs. 17.00 Cr with Charge ID 100417107 was registered on 06 Feb 2021.

    06 Feb 2021

  • Director Appointment

    Percy Kershasp Birdy was appointed as a Director was appointed as a Director on 27 Oct 2020 & has been associated with this company since 4 years 3 months .

    27 Oct 2020

Frequently asked questions

  • Welspun Wasco Coatings Private Limited was incorporated on 30 Sep 2015.

  • The authorized share capital of Welspun Wasco Coatings Private Limited is ₹ 60.00 Cr and paid-up capital is ₹ 49.93 Cr.

  • Currently 6 directors are associated with Welspun Wasco Coatings Private Limited.

    • Godfrey John
    • Ramanathan Singaram
    • Percy Kershasp Birdy
    • Martyn John Wilmott
    • Gaurav Anil Merchant
    • Dipti Deepak Modi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Welspun Wasco Coatings Private Limited is Survey No. 569 Welspun City Village Versamedi Taluka, India, Anjar, Gujarat, 370110.

  • The corporate identification number (CIN) of Welspun Wasco Coatings Private Limited is U28920GJ2015PTC084632 and the company number is 084632 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Welspun Wasco Coatings Private Limited is https://www.welspun.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Welspun Wasco Coatings Private Limited has fallen by -52.19%.

  • As Per 2023 financial reports, 11 employees are currently employed by Welspun Wasco Coatings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Welspun Wasco Coatings Private Limited has experienced an downturn of -5.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Welspun Wasco Coatings Private Limited amount to ₹ 17.00 Cr.

  • The most recent Balance Sheet for Welspun Wasco Coatings Private Limited was filed with the ROC on 31 Mar 2024.

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