Weltech India Private Limited

Manufactures footwear and shoe soles since 1994 with registered office in New Delhi.

1994 | Delhi (India) | Active
Last Updated: December 21, 2024

Weltech India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 2.21 Cr
  • Satisfied Charges ₹ 1.91 Cr
  • Revenue Growth -56.24%
  • Profit Growth 57.33%
  • Ebitda -47.05%
  • Net Worth -230.08%
  • Total Assets -10.84%

About Weltech India

Weltech India Private Limited (WIPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 December 1994 and has a history of 30 years and two months. Its registered office is in Delhi, India.

The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹2.21 Cr. The company has closed loans amounting to ₹1.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajesh Vig and Sushil Mehta serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1994PTC063223

  • Company No.

    063223

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Dec 1994

  • Date of AGM

    30 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Goods

Who are the key members and board of directors at Weltech India?

Board Members (2)

Name Designation Appointment Date Status
Rajesh Vig Country flag representing In Director 28-Dec-1995 Current
Sushil Mehta Country flag representing In Additional Director 28-May-2024 Current

Financial Performance of Weltech India.

Weltech India Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 56.24% decrease. The company also saw a substantial improvement in profitability, with a 57.33% increase in profit. The company's net worth observed a substantial decline by a decrease of 230.08%.

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
-56.24%
Revenue from Operations
-55.21%
Total Assets
-10.84%
Profit or Loss
57.33%
Net Worth
-230.08%
EBITDA
-47.05%

What is the Ownership and Shareholding Structure of Weltech India?

In 2021, Weltech India 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

₹22.07 M

Satisfied Charges

₹19.10 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 2.21 Cr

Latest Charge Details

Date Lender Amount Status
16 Jul 2007 Punjab National Bank ₹2.21 Cr Open
04 Mar 2015 Punjab National Bank ₹1.60 M Satisfied
12 Nov 2011 Punjab National Bank ₹5.00 M Satisfied
20 Mar 2008 Punjab National Bank ₹1.25 Cr Satisfied

How Many Employees Work at Weltech India?

Unlock and access historical data on people associated with Weltech India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Weltech India, 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 Weltech India'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 Weltech India

Recent activity within the organization

  • Director Appointment

    Sushil Kumar Mehta was appointed as a Additional Director was appointed as a Additional Director on 28 May 2024 & has been associated with this company since 8 months 12 days .

    28 May 2024

  • Annual General Meeting

    Weltech India Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Weltech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Delhi.

    31 Mar 2021

  • Charges

    A charge registered on 04 Mar 2015 via Charge ID 10562789 with Punjab National Bank was fully satisfied on 03 Jan 2017.

    03 Jan 2017

  • Charges

    A charge registered on 12 Nov 2011 via Charge ID 10320536 with Punjab National Bank was fully satisfied on 03 Jan 2017.

    03 Jan 2017

  • Charges

    A charge registered on 20 Mar 2008 via Charge ID 10102952 with Punjab National Bank was fully satisfied on 03 Jan 2017.

    03 Jan 2017

Frequently asked questions

  • Weltech India Private Limited was incorporated on 06 Dec 1994.

  • The authorized share capital of Weltech India Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Weltech India Private Limited.

    • Rajesh Vig
    • Sushil Kumar Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Weltech India Private Limited is 6/8, Industrial Area Kirti Nagar India, New Delhi, 110015.

  • The corporate identification number (CIN) of Weltech India Private Limited is U74899DL1994PTC063223 and the company number is 063223 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Weltech India Private Limited has fallen by -56.24%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Weltech India Private Limited has experienced an downturn of -230.08%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Weltech India Private Limited amount to ₹ 2.21 Cr.

  • The most recent Balance Sheet for Weltech India Private Limited was filed with the ROC on 31 Mar 2021.

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