Westerly Retail Private Limited

Real estate company acquires and leases out a mall in Navi Mumbai with funding from Singapore-based funds.

2016 | Thane, Maharashtra (India) | Merged
Last Updated: January 18, 2025

Westerly Retail Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 45.40 Cr
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 950.00 Cr
  • Revenue Growth 46.92%
  • Profit Growth 30.68%
  • Ebitda 124.10%
  • Net Worth -458.93%
  • Total Assets 1.84%

About Westerly Retail

Westerly Retail Private Limited (WRPL) is Amalgamated company established on 10 Jun 2016 with its office registered at Thane, Maharashtra, India and has been running since 8 Year, 7 Months with a paid up capital of 45.40 Cr. According to MCA records, 2 Directors and 2 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45201MH2016FTC282287

  • Company No.

    282287

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    10 Jun 2016

  • Date of AGM

    10 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Services

Who are the key members and board of directors at Westerly Retail?

Executive Team (2)

Name Designation Appointment Date Status
Rajesh Jain CFO 27-Aug-2022 Current
Rahil Ajani CEO 02-May-2022 Current

Board Members (2)

Name Designation Appointment Date Status
Nilesh Singh Country flag representing In Nominee Director 12-May-2023 Current
Jayen Naik Country flag representing In Nominee Director 12-May-2023 Current

Financial Performance of Westerly Retail.

Westerly Retail Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.92% increase. The company also saw a substantial improvement in profitability, with a 30.68% increase in profit. The company's net worth observed a substantial decline by a decrease of 458.93%.

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
46.92%
Revenue from Operations
47.25%
Total Assets
1.84%
Profit or Loss
30.68%
Net Worth
-458.93%
EBITDA
124.10%

What is the Ownership and Shareholding Structure of Westerly Retail?

In 2023, Westerly Retail 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

₹950.00 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 950.00 Cr

Latest Charge Details

Date Lender Amount Status
07 Mar 2017 Idbi Trusteeship Services Limited ₹950.00 Cr Satisfied

How Many Employees Work at Westerly Retail?

Westerly Retail has a workforce of 35 employees as of Apr 07, 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 Westerly Retail, 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 Westerly Retail'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 Westerly Retail

Recent activity within the organization

  • Annual General Meeting

    Westerly Retail Private Limited last Annual general meeting of members was held on 10 Aug 2023 as per latest MCA records.

    10 Aug 2023

  • Director Appointment

    Nilesh Kumar Singh was appointed as a Nominee Director was appointed as a Nominee Director on 12 May 2023 & has been associated with this company since 1 year 8 months .

    12 May 2023

  • Director Appointment

    Jayen Ajit Naik was appointed as a Nominee Director was appointed as a Nominee Director on 12 May 2023 & has been associated with this company since 1 year 8 months .

    12 May 2023

  • Balance Sheet

    Westerly Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Rajesh Kumar Jain was appointed as a Cfo was appointed as a Cfo on 27 Aug 2022 & has been associated with this company since 2 years 5 months .

    27 Aug 2022

  • Director Appointment

    Rahil Nasir Hussain Ajani was appointed as a Ceo was appointed as a Ceo on 02 May 2022 & has been associated with this company since 2 years 9 months .

    02 May 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Westerly Retail Private Limited was incorporated on 10 Jun 2016.

  • The authorized share capital of Westerly Retail Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 45.40 Cr.

  • Currently 4 directors are associated with Westerly Retail Private Limited.

    • Nilesh Kumar Singh
    • Jayen Ajit Naik
    • Rajesh Kumar Jain
    • Rahil Nasir Hussain Ajani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Westerly Retail Private Limited is Seawoods Grand Central Mall Mngt. Office Lower Gr. Flr Plot No.R-1 Sec.40 Node N Erul, India, Navi Mumbai, Maharashtra, 400706.

  • The corporate identification number (CIN) of Westerly Retail Private Limited is U45201MH2016FTC282287 and the company number is 282287 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Westerly Retail Private Limited is https://www.nexusmalls.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Westerly Retail Private Limited has risen by 46.92%.

  • As Per 2023 financial reports, 35 employees are currently employed by Westerly Retail Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Westerly Retail Private Limited has experienced an downturn of -458.93%.

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

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