Wescon Ltd

Manufacturer and supplier of various electrical products and materials since 1981.

1981 | Kolkata, West Bengal (India) | Active
Last Updated: December 11, 2024

Wescon Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.21 Cr
  • Company Age 43 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -53.13%
  • Profit Growth -81.63%
  • Ebitda -3.59%
  • Net Worth 1.19%
  • Total Assets 1.39%

About Wescon

Wescon Ltd (WL) is a Public Limited Indian Non-Government Company incorporated in India on 09 March 1981 and has a history of 43 years and ten months. Its registered office is in Kolkata, West Bengal, India.

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 1.50 Cr and a paid-up capital of Rs 1.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kanishka Sethia, Rajendra Sethia, and Sushila Sethia serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31300WB1981PLC033416

  • Company No.

    033416

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

Who are the key members and board of directors at Wescon?

Board Members (3)

Name Designation Appointment Date Status
Kanishka Sethia Country flag representing In Director 17-Dec-2003 Current
Rajendra Sethia Country flag representing In Director 09-Mar-1981 Current
Sushila Sethia Country flag representing In Director 01-Feb-2006 Current

Financial Performance of Wescon.

Wescon Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 53.13% decrease. The company also saw a substantial fall in profitability, with a 81.63% decrease in profit. The company's net worth moved up by a moderate rise of 1.19%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-53.13%
Revenue from Operations
Total Assets
1.39%
Profit or Loss
-81.63%
Net Worth
1.19%
EBITDA
-3.59%

What is the Ownership and Shareholding Structure of Wescon?

In 2021, Wescon had a promoter holding of 99.83% and a public holding of 0.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Wescon?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wescon, 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 Wescon's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Wescon

Recent activity within the organization

  • Annual General Meeting

    Wescon Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Wescon Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Sushila Sethia was appointed as a Director was appointed as a Director on 01 Feb 2006 & has been associated with this company since 19 years .

    01 Feb 2006

  • Director Appointment

    Kanishka Sethia was appointed as a Director was appointed as a Director on 17 Dec 2003 & has been associated with this company since 21 years 1 month .

    17 Dec 2003

  • Director Appointment

    Rajendra Sethia was appointed as a Director was appointed as a Director on 09 Mar 1981 & has been associated with this company since 43 years 10 months .

    09 Mar 1981

  • Company Incorporation

    Wescon Ltd was registered on 09 Mar 1981 with Roc Kolkata & aged 43 years 10 months as per MCA records.

    09 Mar 1981

Frequently asked questions

  • Wescon Ltd was incorporated on 09 Mar 1981.

  • The authorized share capital of Wescon Ltd is ₹ 1.50 Cr and paid-up capital is ₹ 1.21 Cr.

  • Currently 3 directors are associated with Wescon Ltd.

    • Kanishka Sethia
    • Rajendra Sethia
    • Sushila Sethia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wescon Ltd is 3A Hare Street, Room No 302 India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Wescon Ltd is U31300WB1981PLC033416 and the company number is 033416 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Wescon Ltd has fallen by -53.13%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Wescon Ltd has experienced an upsurge of 1.19%.

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