Welsuit Glass And Ceramics Private Limited

Manufactures and sells ceramic frits, glazes, and compounds.

1996 | Vadodara, Gujarat (India) | Active
Last Updated: January 03, 2025

Welsuit Glass And Ceramics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.07 M
  • Company Age 28 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 95.65 Cr
  • Satisfied Charges ₹ 52.67 Cr
  • Revenue Growth 2.70%
  • Profit Growth 1.90%
  • Ebitda -17.76%
  • Net Worth 10.50%
  • Total Assets -6.96%

About Welsuit Glass And Ceramics

Welsuit Glass And Ceramics Private Limited (WGACPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 February 1996 and has a history of 28 years and 11 months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Manufacturing 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 1.00 Cr and a paid-up capital of Rs 6.07 M.

The company currently has active open charges totaling ₹95.65 Cr. The company has closed loans amounting to ₹52.67 Cr, as per Ministry of Corporate Affairs (MCA) records.

Balkrishna Thakkar, Bhawana Thakkar, Gaurav Thakkar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26109GJ1996PTC028852

  • Company No.

    028852

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Feb 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Welsuit Glass And Ceramics?

Executive Team (1)

Name Designation Appointment Date Status
Ashok Bhambhani Country flag representing In Managing Director 13-Oct-2007 Current

Board Members (4)

Name Designation Appointment Date Status
Balkrishna Thakkar Country flag representing In Whole-Time Director 18-Oct-2007 Current
Bhawana Thakkar Country flag representing In Director 10-Jun-2013 Current
Gaurav Thakkar Country flag representing In Director 01-Jul-2017 Current
Dhruv Thakkar Country flag representing In Whole-Time Director 26-Sep-2022 Current

Financial Performance of Welsuit Glass And Ceramics.

Welsuit Glass And Ceramics Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 2.7% increase. The company also saw a slight improvement in profitability, with a 1.9% increase in profit. The company's net worth Soared by an impressive increase of 10.5%.

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
2.70%
Revenue from Operations
1.81%
Total Assets
-6.96%
Profit or Loss
1.90%
Net Worth
10.50%
EBITDA
-17.76%

What is the Ownership and Shareholding Structure of Welsuit Glass And Ceramics?

In 2022, Welsuit Glass And Ceramics 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

₹95.65 Cr

Satisfied Charges

₹52.67 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 95.65 Cr

Latest Charge Details

Date Lender Amount Status
26 Sep 2017 Axis Bank Limited ₹50.00 Cr Open
31 Jul 2017 Axis Bank Limited ₹45.65 Cr Open
28 Sep 2020 Axis Bank Limited ₹5.00 Cr Satisfied
16 Feb 2010 State Bank Of India ₹6.00 Cr Satisfied
15 Mar 2003 State Bank Of India ₹41.67 Cr Satisfied

How Many Employees Work at Welsuit Glass And Ceramics?

Welsuit Glass And Ceramics has a workforce of 33 employees as of Mar 21, 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 Welsuit Glass And Ceramics, 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 Welsuit Glass And Ceramics'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 Welsuit Glass And Ceramics

Recent activity within the organization

  • Annual General Meeting

    Welsuit Glass And Ceramics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 28 Sep 2020 via Charge ID 100374662 with Axis Bank Limited was fully satisfied on 02 May 2024.

    02 May 2024

  • Balance Sheet

    Welsuit Glass And Ceramics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Dhruv Balkrishnabhai Thakkar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 26 Sep 2022 & has been associated with this company since 2 years 4 months .

    26 Sep 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 50.00 Cr registered on 26 Sep 2017 with Charge ID 100125425 was modified on 28 Dec 2020.

    28 Dec 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100374662 was registered on 28 Sep 2020.

    28 Sep 2020

Frequently asked questions

  • Welsuit Glass And Ceramics Private Limited was incorporated on 16 Feb 1996.

  • The authorized share capital of Welsuit Glass And Ceramics Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.07 M.

  • Currently 5 directors are associated with Welsuit Glass And Ceramics Private Limited.

    • Balkrishna Mangaldas Thakkar
    • Bhawana Gaurav Thakkar
    • Gaurav Hasmukhbhai Thakkar
    • Dhruv Balkrishnabhai Thakkar
    • Ashok Hargun Bhambhani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Welsuit Glass And Ceramics Private Limited is Near Dabka Gas Stationpadra Jambusar National Highwa Gauasad India, Vadodara, Gujarat, 391430.

  • The corporate identification number (CIN) of Welsuit Glass And Ceramics Private Limited is U26109GJ1996PTC028852 and the company number is 028852 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Welsuit Glass And Ceramics Private Limited is https://www.welsuitgcpl.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Welsuit Glass And Ceramics Private Limited has risen by 2.70%.

  • As Per 2022 financial reports, 33 employees are currently employed by Welsuit Glass And Ceramics Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Welsuit Glass And Ceramics Private Limited has experienced an upsurge of 10.50%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Welsuit Glass And Ceramics Private Limited amount to ₹ 95.65 Cr.

  • The most recent Balance Sheet for Welsuit Glass And Ceramics Private Limited was filed with the ROC on 31 Mar 2024.

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