Wesco Engineers Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 2.00 M
- Company Age 91 Year, 21 Days
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -44.50%
- Profit Growth -93.69%
- Ebitda -11.50%
- Net Worth 0.03%
- Total Assets 0.02%
About Wesco Engineers
Wesco Engineers Ltd (WEL) was founded in India on 11 January 1934 and has a glorious history of 91 years .Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Financial Services 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 2.00 M and a paid-up capital of Rs 2.00 M, as per Ministry of Corporate Affairs (MCA) records.
Venkataraman Srikanth, Rajagopal Sowmithri, Srinivasan Venkataraman, and One other member serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, 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
U67120TN1934PLC003307
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Company No.
003307
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
11 Jan 1934
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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 Chennai
Industry
Who are the key members and board of directors at Wesco Engineers?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkataraman Srikanth
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Director | 27-Dec-1987 | Current |
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Rajagopal Sowmithri
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Director | 31-Dec-2001 | Current |
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Srinivasan Venkataraman
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Director | 31-Dec-2001 | Current |
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Korukkai Visweswaran
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Director | 30-Mar-1985 | Current |
Financial Performance of Wesco Engineers.
Wesco Engineers Ltd, for the financial year ended 2020, experienced significant reduction in revenue, with a 44.5% decrease. The company also saw a substantial fall in profitability, with a 93.69% decrease in profit. The company's net worth moved up by a moderate rise of 0.03%.
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What is the Ownership and Shareholding Structure of Wesco Engineers?
In 2017, Wesco Engineers had a promoter holding of 7.44% and a public holding of 92.56%. The company had 2 Subsidiaries. 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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E L Forge LimitedVenkataraman Srikanth and Korukkai Visweswaran are mutual person
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Vellore Electric Corporation Ltd
Venkataraman Srikanth is a mutual person
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Bazinga Learning Private Limited
Venkataraman Srikanth is a mutual person
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Coromandel Steels Ltd
Rajagopal Sowmithri and Korukkai Visweswaran are mutual person
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Spheroidal Castings Limited
Rajagopal Sowmithri and Srinivasan Venkataraman are mutual person
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Chendur Forgings Limited
Srinivasan Venkataraman is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Wesco Engineers?
Unlock and access historical data on people associated with Wesco Engineers, 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 Wesco Engineers, 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 Wesco Engineers'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.