Welspun Zucchi Textiles Limited

Trading home textile products since 1997, based in Gujarat.

1997 | Kachchh, Gujarat (India) | Merged
Last Updated: January 17, 2025

Welspun Zucchi Textiles Profile

Key Indicators

  • Authorised Capital ₹ 5.60 Cr
  • Paid Up Capital ₹ 5.50 Cr
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 11.50 Cr
  • Revenue Growth 33.17%
  • Profit Growth 16.29%
  • Ebitda -318.91%
  • Net Worth 3.07%
  • Total Assets 3.04%

About Welspun Zucchi Textiles

Welspun Zucchi Textiles Limited (WZTL) is Amalgamated company established on 13 May 1997 with its office registered at Kachchh, Gujarat, India and has been running since 27 Year, 8 Months with a paid up capital of 5.50 Cr. According to MCA records, 4 Directors and 1 Signatories are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101GJ1997PLC143260

  • Company No.

    107982

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 May 1997

  • Date of AGM

    31 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Welspun Zucchi Textiles?

Executive Team (1)

Name Designation Appointment Date Status
Shashikant Thorat Company Secretary 28-Sep-2016 Current

Board Members (4)

Name Designation Appointment Date Status
Sanjay Gupta Country flag representing In Director 15-May-2021 Current
Dipali Goenka Country flag representing In Director 20-May-2007 Current
Milind Hardikar Country flag representing In Director 01-Sep-2017 Current
Praveen Bhansali Country flag representing In Director 20-Jun-2023 Current

Financial Performance of Welspun Zucchi Textiles.

Welspun Zucchi Textiles Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 33.17% increase. The company also saw a substantial improvement in profitability, with a 16.29% increase in profit. The company's net worth moved up by a moderate rise of 3.07%.

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
33.17%
Revenue from Operations
Total Assets
3.04%
Profit or Loss
16.29%
Net Worth
3.07%
EBITDA
-318.91%

What is the Ownership and Shareholding Structure of Welspun Zucchi Textiles?

In 2022, Welspun Zucchi Textiles 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

₹11.50 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 11.50 Cr

Latest Charge Details

Date Lender Amount Status
24 May 2012 Punjab National Bank ₹5.00 Cr Satisfied
31 Oct 2011 Punjab National Bank ₹1.50 Cr Satisfied
06 Aug 2004 Punjab National Bank ₹5.00 Cr Satisfied

How Many Employees Work at Welspun Zucchi Textiles?

Welspun Zucchi Textiles has a workforce of 0 employees as of Apr 07, 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 Zucchi Textiles, 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 Zucchi Textiles'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 Zucchi Textiles

Recent activity within the organization

  • Annual General Meeting

    Welspun Zucchi Textiles Limited last Annual general meeting of members was held on 31 Aug 2023 as per latest MCA records.

    31 Aug 2023

  • Director Appointment

    Praveen Bhansali was appointed as a Director was appointed as a Director on 20 Jun 2023 & has been associated with this company since 1 year 7 months .

    20 Jun 2023

  • Balance Sheet

    Welspun Zucchi Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Sanjay Gupta was appointed as a Director was appointed as a Director on 15 May 2021 & has been associated with this company since 3 years 8 months .

    15 May 2021

  • Director Appointment

    Milind Bhaskar Hardikar was appointed as a Director was appointed as a Director on 01 Sep 2017 & has been associated with this company since 7 years 5 months .

    01 Sep 2017

  • Director Appointment

    Shashikant Bhausaheb Thorat was appointed as a Company Secretary was appointed as a Company Secretary on 28 Sep 2016 & has been associated with this company since 8 years 4 months .

    28 Sep 2016

Frequently asked questions

  • Welspun Zucchi Textiles Limited was incorporated on 13 May 1997.

  • The authorized share capital of Welspun Zucchi Textiles Limited is ₹ 5.60 Cr and paid-up capital is ₹ 5.50 Cr.

  • Currently 5 directors are associated with Welspun Zucchi Textiles Limited.

    • Dipali Balkrishan Goenka
    • Sanjay Gupta
    • Milind Bhaskar Hardikar
    • Praveen Bhansali
    • Shashikant Bhausaheb Thorat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Welspun Zucchi Textiles Limited is Welspun City Village Versamedi, India, Anjar, Gujarat, 370110.

  • The corporate identification number (CIN) of Welspun Zucchi Textiles Limited is U18101GJ1997PLC143260 and the company number is 107982 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Welspun Zucchi Textiles Limited is https://www.welspunindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Welspun Zucchi Textiles Limited has risen by 33.17%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Welspun Zucchi Textiles Limited has experienced an upsurge of 3.07%.

  • The most recent Balance Sheet for Welspun Zucchi Textiles Limited was filed with the ROC on 31 Mar 2023.

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