Weltech Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 0.50 M
- Company Age 35 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.30 Cr
- Satisfied Charges ₹ 2.26 Cr
- Revenue Growth 323.02%
- Profit Growth 129.47%
- Ebitda 131.84%
- Net Worth 103.35%
- Total Assets 5.41%
About Weltech Industries
Weltech Industries Private Limited (WIPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 June 1989 and has a history of 35 years and seven months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Fivebros Engineering Pvt Ltd. 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 1.00 Cr and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹1.30 Cr. The company has closed loans amounting to ₹2.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramanbhai Lilachand and Pravina Panchal serve as directors at the Company.
Company Details
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Location
Thane, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74210MH1989PTC052440
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Company No.
052440
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
30 Jun 1989
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Weltech Industries Private Limited offer?
Weltech Industries Private Limited offers a wide range of products and services, including Machine & Precision Tools, Assembly Tools, Milling & Grinding Tools, Industrial Mill Rolls, Industrial Air Conditioner & Devices, Air Damper, Industrial & Engineering Goods, Pressure Roller, Unloading Machinery, Assembly Equipment.
Who are the key members and board of directors at Weltech Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramanbhai Lilachand
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Director | 14-Aug-2012 | Current |
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Pravina Panchal
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Director | 31-Aug-2020 | Current |
Financial Performance of Weltech Industries.
Weltech Industries Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 323.02% increase. The company also saw a substantial improvement in profitability, with a 129.47% increase in profit. The company's net worth Soared by an impressive increase of 103.35%.
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What is the Ownership and Shareholding Structure of Weltech Industries?
In 2020, Weltech Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹1.30 Cr
₹2.26 Cr
Charges Breakdown by Lending Institutions
- Tjsb Sahakari Bank Limited : 1.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Dec 2020 | Tjsb Sahakari Bank Limited | ₹1.00 M | Open |
| 19 Mar 2020 | Tjsb Sahakari Bank Limited | ₹1.50 M | Open |
| 05 Aug 2017 | Tjsb Sahakari Bank Limited | ₹3.00 M | Open |
| 14 Aug 2008 | Tjsb Sahakari Bank Limited | ₹7.50 M | Open |
| 01 Mar 2017 | Tjsb Sahakari Bank Limited | ₹2.45 M | Satisfied |
How Many Employees Work at Weltech Industries?
Weltech Industries has a workforce of 4 employees as of Apr 11, 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 Weltech Industries, 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 Industries'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.
