Westech Securities Private Limited

Founded in 2011 and headquartered in Delhi, India.

2011 | Delhi (India) | Active
Last Updated: January 20, 2025

Westech Securities Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.31 Cr
  • Revenue Growth 25.86%
  • Profit Growth -130.28%
  • Ebitda -12.04%
  • Net Worth -4.58%
  • Total Assets -14.37%

About Westech Securities

Westech Securities Private Limited (WSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 December 2011 and has a history of 13 years and one month. Its registered office is in Delhi, India.

The Company is engaged in the Business Services 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹8.31 Cr.


Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74920DL2011PTC228370

  • Company No.

    228370

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Dec 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Business Services

What products or services does Westech Securities Private Limited offer?

Westech Securities Private Limited offers a wide range of products and services, including Security Service, Commercial Security Service, Residence Security Services, Surveillance Systems, CCTV System, ISO & Quality Management Consultants, Certification Services, Access Control Systems, Realtime Access Control Systems, Detective & Investigation Agencies.

Who are the key members and board of directors at Westech Securities?

Board Members (3)

Name Designation Appointment Date Status
Kiran Saroha Country flag representing In Director 27-Jan-2014 Current
Satish Saroha Country flag representing In Director 07-Dec-2011 Current
Krishan Saroha Country flag representing In Director 07-Dec-2011 Current

Financial Performance of Westech Securities.

Westech Securities Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.86% increase. The company also saw a substantial fall in profitability, with a 130.28% decrease in profit. The company's net worth dipped by a decrease of 4.58%.

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
25.86%
Revenue from Operations
26.37%
Total Assets
-14.37%
Profit or Loss
-130.28%
Net Worth
-4.58%
EBITDA
-12.04%

What is the Ownership and Shareholding Structure of Westech Securities?

In 2023, Westech Securities 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

₹83.11 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.08 Cr
  • Icici Bank Limited : 3.04 Cr
  • Hdfc Bank Limited : 0.15 Cr
  • Vijaya Bank : 0.04 Cr

Latest Charge Details

Date Lender Amount Status
18 Jun 2021 Hdfc Bank Limited ₹1.50 M Open
01 Sep 2020 Others ₹2.80 M Open
02 Aug 2018 Vijaya Bank ₹0.41 M Open
23 Jan 2018 Others ₹4.80 Cr Open
27 May 2015 Icici Bank Limited ₹3.04 Cr Open

How Many Employees Work at Westech Securities?

Unlock and access historical data on people associated with Westech Securities, 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 Westech Securities, 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 Westech Securities'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 Westech Securities

Recent activity within the organization

  • Annual General Meeting

    Westech Securities Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 48.00 M registered on 23 Jan 2018 with Charge ID 100162088 was modified on 19 Jun 2023.

    19 Jun 2023

  • Balance Sheet

    Westech Securities Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.50 M with Charge ID 100470653 was registered on 18 Jun 2021.

    18 Jun 2021

  • Charges

    A charge with Others amounted to Rs. 2.80 M with Charge ID 100382745 was registered on 01 Sep 2020.

    01 Sep 2020

  • Charges

    A charge with Vijaya Bank amounted to Rs. 0.41 M with Charge ID 100213962 was registered on 02 Aug 2018.

    02 Aug 2018

Frequently asked questions

  • Westech Securities Private Limited was incorporated on 07 Dec 2011.

  • The authorized share capital of Westech Securities Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Westech Securities Private Limited.

    • Satish Saroha
    • Kiran Saroha
    • Krishan Kumar Saroha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Westech Securities Private Limited is O-46 Second Floor Lajpat Nagar-Ii India, Delhi, 110024.

  • The corporate identification number (CIN) of Westech Securities Private Limited is U74920DL2011PTC228370 and the company number is 228370 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Westech Securities Private Limited is https://www.westechsecurities.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Westech Securities Private Limited has risen by 25.86%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Westech Securities Private Limited has experienced an downturn of -4.58%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Westech Securities Private Limited amount to ₹ 8.31 Cr.

  • The most recent Balance Sheet for Westech Securities Private Limited was filed with the ROC on 31 Mar 2023.

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