West Coast Ingots Private Limited

Manufactures MS ingots, steel and alloy steel billets, and re-rolled sections for Harsh Vardhan Mittal Group.

1997 | Goa, Goa (India) | Active
Last Updated:

West Coast Ingots Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 5.51 Cr
  • Company Age 27 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 98.01 Cr
  • Revenue Growth 142.74%
  • Profit Growth -19.56%
  • Ebitda -70.40%
  • Net Worth 1.46%
  • Total Assets -8.99%

About West Coast Ingots

West Coast Ingots Private Limited (WCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 October 1997 and has a history of 27 years and four months. Its registered office is in Goa, Goa, India.

The Company is engaged in the Metals And Minerals 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 8.00 Cr and a paid-up capital of Rs 5.51 Cr.

The company has closed loans amounting to ₹98.01 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sanjeev Mathiyan and Subhash Chand serve as directors at the Company.

Company Details

  • Location

    Goa, Goa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106GA1997PTC002459

  • Company No.

    002459

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Metals and Minerals
Company report

West Coast Ingots Private Limited

Explore comprehensive data for West Coast Ingots Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at West Coast Ingots?

Board Members (2)

NameDesignationAppointment DateStatus
Sanjeev Mathiyan Country flag representing In Additional Director 17-Jan-2025Current
Subhash Chand Country flag representing In Director 24-Oct-1997Current

Financial Performance of West Coast Ingots.

West Coast Ingots Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 142.74% increase. The company also saw a substantial fall in profitability, with a 19.56% decrease in profit. The company's net worth moved up by a moderate rise of 1.46%.

West Coast Ingots revenue growth over time
West Coast Ingots 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
142.74%
Revenue from Operations
142.13%
Total Assets
-8.99%
Profit or Loss
-19.56%
Net Worth
1.46%
EBITDA
-70.40%

What is the Ownership and Shareholding Structure of West Coast Ingots?

In 2023, West Coast Ingots had a promoter holding of 96.08% and a public holding of 3.92%. 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

₹98.01 Cr

Charges Breakdown by Lending Institutions

  • Others : 72.12 Cr
  • Oriental Bank Of Commerce : 17.55 Cr
  • Axis Bank Limited : 6.15 Cr
  • Orienatal Bank Of Commerce : 2.19 Cr

Latest Charge Details

DateLenderAmountStatus
21 Dec 2021Axis Bank Limited₹6.15 CrSatisfied
15 Jun 2020Others₹2.00 CrSatisfied
14 Sep 2016Others₹70.12 CrSatisfied
19 Jun 2007Oriental Bank Of Commerce₹1.00 MSatisfied
23 Apr 2004Orienatal Bank Of Commerce₹1.14 CrSatisfied

How Many Employees Work at West Coast Ingots?

West Coast Ingots has a workforce of 21 employees as of Apr 06, 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.

Employee growth trends for West Coast Ingots Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of West Coast Ingots, 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 Coast Ingots'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 Coast Ingots

Recent activity within the organization

  • Director Appointment

    Sanjeev Kumar Mathiyan was appointed as a Additional Director was appointed as a Additional Director on 17 Jan 2025 & has been associated with this company since 1 month 26 days .

  • Annual General Meeting

    West Coast Ingots Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    West Coast Ingots Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.

  • Charges

    A charge registered on 21 Dec 2021 via Charge ID 100531776 with Axis Bank Limited was fully satisfied on 20 Dec 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 6.15 Cr with Charge ID 100531776 was registered on 21 Dec 2021.

  • Charges

    A charge registered on 15 Jun 2020 via Charge ID 100341335 with Others was fully satisfied on 16 Nov 2021.

Frequently asked questions

  • What is the Incorporation or founding date of West Coast Ingots Private Limited?

    West Coast Ingots Private Limited was incorporated on 23 Oct 1997.

  • What is authorized share capital and paid-up capital of West Coast Ingots Private Limited?

    The authorized share capital of West Coast Ingots Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 5.51 Cr.

  • Who are the current board members & directors of West Coast Ingots Private Limited?

    Currently 2 directors are associated with West Coast Ingots Private Limited.

    • Sanjeev Kumar Mathiyan
    • Subhash Chand
  • What is the registered address of West Coast Ingots Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of West Coast Ingots Private Limited is Plot No 1Kundaim Industrial Estate Kundaim India, Goa, 403115.

  • What is the corporate identification number (CIN) and company number of West Coast Ingots Private Limited?

    The corporate identification number (CIN) of West Coast Ingots Private Limited is U27106GA1997PTC002459 and the company number is 002459 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of West Coast Ingots Private Limited?

    The Official website of West Coast Ingots Private Limited is https://www.mohitispat.com

  • What has been the recent revenue trend for West Coast Ingots Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for West Coast Ingots Private Limited has risen by 142.74%.

  • How many employees does West Coast Ingots Private Limited currently have?

    As Per 2023 financial reports, 21 employees are currently employed by West Coast Ingots Private Limited.

  • What change has been observed in the net worth of West Coast Ingots Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of West Coast Ingots Private Limited has experienced an upsurge of 1.46%.

  • When was the last Balance Sheet of West Coast Ingots Private Limited filed with the ROC?

    The most recent Balance Sheet for West Coast Ingots Private Limited was filed with the ROC on 31 Mar 2024.

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