Westerly Retail Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 45.40 Cr
- Company Age 8 Year, 10 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, 10 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
- Website
- 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
Westerly Retail Private Limited
Explore comprehensive data for Westerly Retail Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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  | Nominee Director | 12-May-2023 | Current |
| Jayen Naik | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Naman Mall Management Company Private LimitedNilesh Singh is a mutual person
Select Infrastructure Private LimitedJayen Naik is a mutual person
- Nexusmalls Whitefield Private Limited
Jayen Naik is a mutual person
Mamadapur Solar Private LimitedNilesh Singh and Jayen Naik are mutual person
- Nexus Udaipur Retail Private Limited
Nilesh Singh is a mutual person
- Nexus Hyderabad Retail Private Limited
Jayen Naik is a mutual person
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.
Deals i
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
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.
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.
- 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 11 months .
- 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 11 months .
- Balance Sheet
Westerly Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- 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 8 months .
- 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 11 months .
Recent News, Updates & Announcement
- Virtuous Retail in talks to sell malls for about $500 million.
The retail company, a joint venture between Singapore's private equity firm Xander Group and Dutch institutional investor APG, runs half-dozen malls in Chennai, Bengaluru, Chandigarh, Amritsar, Nagpur and Surat. In addition to the six operational malls, the portfolio will include two under-construction malls in Delhi and Mumbai as well, said three people aware of the deal..
Frequently asked questions
What is the Incorporation or founding date of Westerly Retail Private Limited?
Westerly Retail Private Limited was incorporated on 10 Jun 2016.
What is authorized share capital and paid-up capital of Westerly Retail Private Limited?
The authorized share capital of Westerly Retail Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 45.40 Cr.
Who are the current board members & directors of Westerly Retail Private Limited?
Currently 4 directors are associated with Westerly Retail Private Limited.
- Nilesh Kumar Singh
- Jayen Ajit Naik
- Rajesh Kumar Jain
- Rahil Nasir Hussain Ajani
What is the registered address of Westerly Retail Private Limited?
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.
What is the corporate identification number (CIN) and company number of Westerly Retail Private Limited?
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).
What is the official website of Westerly Retail Private Limited?
The Official website of Westerly Retail Private Limited is https://www.nexusmalls.com
What has been the recent revenue trend for Westerly Retail Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Westerly Retail Private Limited has risen by 46.92%.
How many employees does Westerly Retail Private Limited currently have?
As Per 2023 financial reports, 35 employees are currently employed by Westerly Retail Private Limited.
What change has been observed in the net worth of Westerly Retail Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Westerly Retail Private Limited filed with the ROC?
The most recent Balance Sheet for Westerly Retail Private Limited was filed with the ROC on 31 Mar 2023.
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