Welworth Electric Company Ltd

Welworth Electric Company Ltd

Manufacturer of copper wire and insulated cables, established in 1990 and based in Punjab.
1990 | Gurdaspur, Punjab (India) | Active

Last Updated:

July 15, 2024
HomeCompanyWelworth Electric Company Ltd

Who are the key members and board of directors at Welworth Electric Company?

Executive Team (1)

NameDesignationAppointment DateStatus
Gurinder Bajwa InManaging Director10-Dec-1993Current

Board Members(2)

NameDesignationAppointment DateStatus
Nirmal Singh In Director 19-Sep-2022Current
Nirmaljeet Kaur In Director 31-Mar-2007Current

Financial Performance of Welworth Electric Company.

Welworth Electric Company Ltd, for the financial year ended 2020, experienced significant growth in revenue, with a 934.28% increase. The company also saw a substantial improvement in profitability, with a 127.15% increase in profit. The company's net worth moved up by a moderate rise of 0.08%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
934.28%
Revenue from Operations
933.50%
Total Assets
0.34%
Profit or Loss
127.15%
Net Worth
0.08%
EBITDA
-83.66%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹3.07 Cr

LenderAmountStatus

Punjab & Sind Bank

Creation Date: 16 Jan 2009
₹1.50 CrOpen

Punjab And Sind Bank

Creation Date: 27 Dec 1999
₹0.20 MOpen

Punjab National Bank

Creation Date: 20 May 1995
₹1.00 MOpen

How Many Employees Work at Welworth Electric Company?

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

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Latest Updates, News, and FAQs on Welworth Electric Company

Recent activity within the organization

  • Annual General Meeting

    Welworth Electric Company Ltd last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

    30 Dec 2023

  • Balance Sheet

    Welworth Electric Company Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Nirmal Singh was appointed as a Director was appointed as a Director on 19 Sep 2022 & has been associated with this company since 2 years 3 months .

    19 Sep 2022

  • Charges

    A charge with Punjab & Sind Bank of Rs. 1.50 Cr registered on 16 Jan 2009 with Charge ID 10146473 was modified on 29 Sep 2010.

    29 Sep 2010

  • Charges

    A charge with Punjab & Sind Bank amounted to Rs. 1.50 Cr with Charge ID 10146473 was registered on 16 Jan 2009.

    16 Jan 2009

  • Director Appointment

    Nirmaljeet Kaur was appointed as a Director was appointed as a Director on 31 Mar 2007 & has been associated with this company since 17 years 8 months .

    31 Mar 2007

Frequently asked questions

  • Welworth Electric Company Ltd was incorporated on 15 May 1990.

  • The authorized share capital of Welworth Electric Company Ltd is ₹ 7.00 Cr and paid-up capital is ₹ 4.80 Cr.

  • Currently 3 directors are associated with Welworth Electric Company Ltd.

    • Nirmal Singh
    • Nirmaljeet Kaur
    • Gurinder Singh Bajwa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Welworth Electric Company Ltd is Kahnuwan Roadbatala, Distt Gurdaspur, Punjab, India, 143505.

  • The corporate identification number (CIN) of Welworth Electric Company Ltd is U31909PB1990PLC010385 and the company number is 010385 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Welworth Electric Company Ltd has risen by 934.28%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Welworth Electric Company Ltd has experienced an upsurge of 0.08%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Welworth Electric Company Ltd amount to ₹ 3.07 Cr.

  • The most recent Balance Sheet for Welworth Electric Company Ltd was filed with the ROC on 31 Mar 2023.

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