Wesman Thermal Engineering Processes Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.23 Cr
- Company Age 51 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.95 Cr
- Revenue Growth 33.53%
- Profit Growth -13.51%
- Ebitda 61.94%
- Net Worth 6.20%
- Total Assets 5.48%
About Wesman Thermal Engineering Processes
Wesman Thermal Engineering Processes Pvt Ltd (WTEPPL) was founded in India on 10 October 1973 and has a glorious history of 51 years and three months. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Machinery And Equipment 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 2.50 Cr and a paid-up capital of Rs 2.23 Cr.
The company currently has active open charges totaling ₹7.95 Cr.
Nikhil Vaswani, Monica Vaswani, Rajan Vaswani, and Two other members serve as directors at the Company.
Company Details
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Location
Kolkata, West Bengal, 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
U74210WB1973PTC029031
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Company No.
029031
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
10 Oct 1973
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Date of AGM
20 Sep 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 Kolkata
Industry
What products or services does Wesman Thermal Engineering Processes Pvt Ltd offer?
Wesman Thermal Engineering Processes Pvt Ltd offers a wide range of products and services, including Industrial Furnaces & Ovens, Industrial Furnaces, Melting Furnaces, Furnace Structure, Heating Furnace, Rotary Furnaces, Bogie Hearth Furnace.
Who are the key members and board of directors at Wesman Thermal Engineering Processes?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nikhil Vaswani
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Managing Director | 27-Aug-2008 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Monica Vaswani
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Whole-Time Director | 01-Oct-2015 | Current |
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Rajan Vaswani
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Whole-Time Director | 10-Oct-1973 | Current |
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Sunil Vaswani
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Director | 12-Nov-2013 | Current |
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Anil Vaswani
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Director | 28-Sep-2006 | Current |
Financial Performance of Wesman Thermal Engineering Processes.
Wesman Thermal Engineering Processes Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 33.53% increase. The company also saw a substantial fall in profitability, with a 13.51% decrease in profit. The company's net worth moved up by a moderate rise of 6.2%.
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What is the Ownership and Shareholding Structure of Wesman Thermal Engineering Processes?
In 2023, Wesman Thermal Engineering Processes 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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Nutec Bickley Wesman Kilns Private LimitedNikhil Vaswani and Anil Vaswani are mutual person
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The Wesman Engineering Company Private LimitedNikhil Vaswani, Monica Vaswani and 3 more are mutual person
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Wesman Enterprises Private Limited
Nikhil Vaswani and Anil Vaswani are mutual person
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Wesman Simpson Technologies Private Limited
Anil Vaswani is a mutual person
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Aldebaran Property Development LlpNikhil Vaswani, Monica Vaswani and 2 more are mutual person
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Arcturus Property Development Llp
Nikhil Vaswani, Monica Vaswani and 2 more are mutual person
Charges (Loans)
₹7.95 Cr
₹0
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 5.31 Cr
- Others : 1.21 Cr
- Yes Bank Limited : 0.99 Cr
- Citi Bank N.A. : 0.44 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Nov 2023 | Others | ₹6.00 M | Open |
| 15 Oct 2020 | Standard Chartered Bank | ₹3.60 M | Open |
| 29 Sep 2020 | Yes Bank Limited | ₹9.90 M | Open |
| 06 Feb 2020 | Others | ₹0.92 M | Open |
| 17 Feb 2017 | Others | ₹5.20 M | Open |
How Many Employees Work at Wesman Thermal Engineering Processes?
Wesman Thermal Engineering Processes has a workforce of 86 employees as of Mar 28, 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 Wesman Thermal Engineering Processes, 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 Wesman Thermal Engineering Processes'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.
