Welworth Electric Company Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 4.80 Cr
- Company Age 34 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.07 Cr
- Revenue Growth 934.28%
- Profit Growth 127.15%
- Ebitda -83.66%
- Net Worth 0.08%
- Total Assets 0.34%
About Welworth Electric Company
Welworth Electric Company Ltd (WECL) is a Public Limited Indian Non-Government Company incorporated in India on 15 May 1990 and has a history of 34 years and eight months. Its registered office is in Punjab, Punjab.
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 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 4.80 Cr.
The company currently has active open charges totaling ₹3.07 Cr.
Gurinder Bajwa, Nirmaljeet Kaur, and Nirmal Singh serve as directors at the Company.
Company Details
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LocationPunjab, Punjab
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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
U31909PB1990PLC010385
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Company No.
010385
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
15 May 1990
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Date of AGM
30 Dec 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Welworth Electric Company?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gurinder Bajwa
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Managing Director | 10-Dec-1993 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Nirmaljeet Kaur
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Director | 31-Mar-2007 | Current |
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Nirmal Singh
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Director | 19-Sep-2022 | Current |
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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What is the Ownership and Shareholding Structure of Welworth Electric Company?
In 2018, Welworth Electric Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Blue Star Industries LimitedGurinder Bajwa, Nirmaljeet Kaur and 1 more are mutual person
Charges (Loans)
₹3.07 Cr
₹0
Charges Breakdown by Lending Institutions
- Punjab & Sind Bank : 1.50 Cr
- Punjab Financial Corp. : 1.45 Cr
- Punjab National Bank : 0.10 Cr
- Punjab And Sind Bank : 0.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jan 2009 | Punjab & Sind Bank | ₹1.50 Cr | Open |
| 27 Dec 1999 | Punjab And Sind Bank | ₹0.20 M | Open |
| 20 May 1995 | Punjab National Bank | ₹1.00 M | Open |
| 18 Nov 1991 | Punjab Financial Corp. | ₹4.84 M | Open |
| 08 Nov 1991 | Punjab Financial Corp. | ₹4.84 M | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Welworth Electric Company, 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 Welworth Electric Company'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
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