Wesco Engineers Ltd
Founded in 1934 and headquartered in Tamil Nadu, India.
1934 | Chennai, Tamil Nadu (India) | Active
Wesco Engineers Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 2.00 M
- Company Age 91 Year, 1 Month
- 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 and one month.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
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67120TN1934PLC003307
- Company No.
003307
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jan 1934
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
Metal & Minerals
Who are the key members and board of directors at Wesco Engineers?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkataraman Srikanth  | Director | 27-Dec-1987 | Current |
| Rajagopal Sowmithri | Director | 31-Dec-2001 | Current |
| Srinivasan Venkataraman | Director | 31-Dec-2001 | Current |
| Korukkai Visweswaran | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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)
- E L Forge Limited
Venkataraman Srikanth and Korukkai Visweswaran are mutual person
- Vellore Electric Corporation Ltd
Venkataraman Srikanth is a mutual person
- Bazinga Learning Private Limited
Venkataraman Srikanth is a mutual person
- Coromandel Steels Ltd
Rajagopal Sowmithri and Korukkai Visweswaran are mutual person
- Spheroidal Castings Limited
Rajagopal Sowmithri and Srinivasan Venkataraman are mutual person
- 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.
Latest Updates, News, and FAQs on Wesco Engineers
Recent activity within the organization
- Annual General Meeting
Wesco Engineers Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Wesco Engineers Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Rajagopal Sowmithri was appointed as a Director was appointed as a Director on 31 Dec 2001 & has been associated with this company since 23 years 2 months .
- Director Appointment
Srinivasan Venkataraman was appointed as a Director was appointed as a Director on 31 Dec 2001 & has been associated with this company since 23 years 2 months .
- Director Appointment
Venkataraman Srikanth was appointed as a Director was appointed as a Director on 27 Dec 1987 & has been associated with this company since 37 years 2 months .
- Director Appointment
Korukkai Ramachandran Visweswaran was appointed as a Director was appointed as a Director on 30 Mar 1985 & has been associated with this company since 39 years 11 months .
Frequently asked questions
What is the Incorporation or founding date of Wesco Engineers Ltd?
Wesco Engineers Ltd was incorporated on 11 Jan 1934.
What is authorized share capital and paid-up capital of Wesco Engineers Ltd?
The authorized share capital of Wesco Engineers Ltd is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.
Who are the current board members & directors of Wesco Engineers Ltd?
Currently 4 directors are associated with Wesco Engineers Ltd.
- Venkataraman Srikanth
- Rajagopal Sowmithri
- Srinivasan Venkataraman
- Korukkai Ramachandran Visweswaran
What is the registered address of Wesco Engineers Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Wesco Engineers Ltd is 21C A R K Colony, Eldams Road Alwarpet India, Chennai, Tamil Nadu, 600018.
What is the corporate identification number (CIN) and company number of Wesco Engineers Ltd?
The corporate identification number (CIN) of Wesco Engineers Ltd is U67120TN1934PLC003307 and the company number is 003307 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Wesco Engineers Ltd?
According to the financial reports for the fiscal year 2020, the revenue trend for Wesco Engineers Ltd has fallen by -44.50%.
What change has been observed in the net worth of Wesco Engineers Ltd, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Wesco Engineers Ltd has experienced an upsurge of 0.03%.
When was the last Balance Sheet of Wesco Engineers Ltd filed with the ROC?
The most recent Balance Sheet for Wesco Engineers Ltd was filed with the ROC on 31 Mar 2024.