West Bengal Electronics Industry Development Corpn Ltd

Government-owned company promoting electronics industry through manufacturing, turnkey projects, and e-governance initiatives.

1974 | 24 Parganas, West Bengal (India) | Active
Last Updated: November 15, 2024

West Bengal Electronics Industry Development Corpn Profile

Key Indicators

  • Authorised Capital ₹ 277.00 Cr
  • Paid Up Capital ₹ 235.67 Cr
  • Company Age 51 Year, 17 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 19.95 Cr
  • Revenue Growth 34.67%
  • Profit Growth 587.63%
  • Ebitda 31.28%
  • Net Worth 3.18%
  • Total Assets 76.18%

About West Bengal Electronics Industry Development Corpn

West Bengal Electronics Industry Development Corpn Ltd (WBEIDCL) was founded in India on 04 February 1974 and has a glorious history of 51 years . Its registered office is in 24 Parganas, West Bengal, India.

The Company is engaged in the Infrastructure And Utilities 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 277.00 Cr and a paid-up capital of Rs 235.67 Cr.

The company has closed loans amounting to ₹19.95 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at West Bengal Electronics Industry Development Corpn Ltd India is Anand Jha as COMPANY SECRETARY. Shekhar Chaudhuri, Ajoyendra Mukherjee, Sutirtha Bhattacharya, and Five other members serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    webel.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52209WB1974SGC029237

  • Company No.

    029237

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    04 Feb 1974

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Infrastructure and Utilities
Consumer Electronics & Durables

Who are the key members and board of directors at West Bengal Electronics Industry Development Corpn?

Executive Team (2)

NameDesignationAppointment DateStatus
Sanjay Das Country flag representing In Managing Director01-Jun-2023Current
Anand Jha Country flag representing In Company Secretary12-Sep-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Shekhar Chaudhuri Country flag representing In Director 05-Jun-2015Current
Ajoyendra Mukherjee Country flag representing In Nominee Director 04-Mar-2005Current
Sutirtha Bhattacharya Country flag representing In Additional Director 08-Jul-2024Current
Sunrita Hazra Country flag representing In Director 03-Sep-2022Current
Somobrata Dutta Country flag representing In Director 18-Sep-2010Current
Prabir Biswas Country flag representing In Director 26-Sep-2014Current

Financial Performance of West Bengal Electronics Industry Development Corpn.

West Bengal Electronics Industry Development Corpn Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 34.67% increase. The company also saw a substantial improvement in profitability, with a 587.63% increase in profit. The company's net worth moved up by a moderate rise of 3.18%.

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
34.67%
Revenue from Operations
34.65%
Total Assets
76.18%
Profit or Loss
587.63%
Net Worth
3.18%
EBITDA
31.28%

What is the Ownership and Shareholding Structure of West Bengal Electronics Industry Development Corpn?

In 2023, West Bengal Electronics Industry Development Corpn had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹19.95 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 14.00 Cr
  • West Bengal Electronics Industry Development Corpn Ltd : 3.55 Cr
  • State Bank Of Mysore : 2.40 Cr

Latest Charge Details

DateLenderAmountStatus
10 Mar 2011West Bengal Electronics Industry Development Corpn Ltd₹3.55 CrSatisfied
12 Feb 2009Axis Bank Limited₹2.00 CrSatisfied
28 Mar 2008Axis Bank Limited₹12.00 CrSatisfied
17 Mar 2005State Bank Of Mysore₹2.40 CrSatisfied

How Many Employees Work at West Bengal Electronics Industry Development Corpn?

West Bengal Electronics Industry Development Corpn has a workforce of 219 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of West Bengal Electronics Industry Development Corpn, 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 West Bengal Electronics Industry Development Corpn'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 West Bengal Electronics Industry Development Corpn

Recent activity within the organization

  • Annual General Meeting

    West Bengal Electronics Industry Development Corpn Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Sutirtha Bhattacharya was appointed as a Additional Director was appointed as a Additional Director on 08 Jul 2024 & has been associated with this company since 7 months 15 days .

    08 Jul 2024

  • Balance Sheet

    West Bengal Electronics Industry Development Corpn Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 12 Feb 2009 via Charge ID 10149199 with Axis Bank Limited was fully satisfied on 01 Nov 2021.

    01 Nov 2021

  • Charges

    A charge registered on 17 Mar 2005 via Charge ID 90252433 with State Bank Of Mysore was fully satisfied on 06 Jul 2021.

    06 Jul 2021

  • Charges

    A charge registered on 10 Mar 2011 via Charge ID 10274113 with West Bengal Electronics Industry Development Corpn Ltd was fully satisfied on 20 Nov 2020.

    20 Nov 2020

Recent News, Updates & Announcement

Frequently asked questions

  • West Bengal Electronics Industry Development Corpn Ltd was incorporated on 04 Feb 1974.

  • The authorized share capital of West Bengal Electronics Industry Development Corpn Ltd is ₹ 277.00 Cr and paid-up capital is ₹ 235.67 Cr.

  • Currently 9 directors are associated with West Bengal Electronics Industry Development Corpn Ltd.

    • Shekhar Chaudhuri
    • Ajoyendra Mukherjee
    • Sutirtha Bhattacharya
    • Sunrita Hazra
    • Somobrata Dutta
    • Prabir Kumar Biswas
    • Suresh Gopinathan Menon
    • Sanjay Kumar Das
    • Anand Kumar Jha
  • As per Ministry of Corporate Affairs (Mca), the registered address of West Bengal Electronics Industry Development Corpn Ltd is Webel Bhavan Block Ep Gp Salt Lake Bidhannagar India, Kolkata, West Bengal, 700091.

  • The corporate identification number (CIN) of West Bengal Electronics Industry Development Corpn Ltd is U52209WB1974SGC029237 and the company number is 029237 as per Ministry of Corporate Affairs (MCA).

  • The Official website of West Bengal Electronics Industry Development Corpn Ltd is https://www.webel.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for West Bengal Electronics Industry Development Corpn Ltd has risen by 34.67%.

  • As Per 2023 financial reports, 219 employees are currently employed by West Bengal Electronics Industry Development Corpn Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of West Bengal Electronics Industry Development Corpn Ltd has experienced an upsurge of 3.18%.

  • The most recent Balance Sheet for West Bengal Electronics Industry Development Corpn Ltd was filed with the ROC on 31 Mar 2024.

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