Wesghats Micro Finance Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 5.10 Cr
- Company Age 4 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 194.39%
- Profit Growth 235.39%
- Ebitda 137.99%
- Net Worth 2.78%
- Total Assets 0.66%
About Wesghats Micro Finance
Wesghats Micro Finance Limited (WMFL) is a Public Limited Indian Non-Government Company incorporated in India on 11 June 2020 (Four years and eight months 12 days old ). Its registered office is in Theni, 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 6.00 Cr and a paid-up capital of Rs 5.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Parthiban, Rathinasamy Vajravel, Padma, and Three other members serve as directors at the Company.
Company Details
- Location
Theni, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65990TN2020PLC135734
- Company No.
135734
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jun 2020
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Wesghats Micro Finance?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijayakumar  | Managing Director | 11-Jun-2020 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Parthiban | Director | 11-Jun-2020 | Current |
| Rathinasamy Vajravel | Director | 11-Jun-2020 | Current |
| Padma | Director | 11-Jun-2020 | Current |
| Samyuktha | Additional Director | 04-Nov-2024 | Current |
| Parthiban Sudha | Additional Director | 04-Nov-2024 | Current |
Financial Performance of Wesghats Micro Finance.
Wesghats Micro Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 194.39% increase. The company also saw a substantial improvement in profitability, with a 235.39% increase in profit. The company's net worth moved up by a moderate rise of 2.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Wesghats Micro Finance?
In 2023, Wesghats Micro Finance had a promoter holding of 78.43% and a public holding of 21.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Wesghats Investment And Credit Limited
Parthiban, Rathinasamy Vajravel and 2 more are mutual person
- Pandinadu Finance Company Private Limited
Rathinasamy Vajravel is a mutual person
- Raven's Comm Private Limited
Padma is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Wesghats Micro Finance?
Wesghats Micro Finance has a workforce of 0 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Wesghats Micro Finance, 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 Wesghats Micro Finance'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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