Western Abrasive Industries Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.50 M
- Company Age 37 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.72 Cr
- Satisfied Charges ₹ 1.77 Cr
- Revenue Growth 0.67%
- Profit Growth -3.60%
- Ebitda -75.34%
- Net Worth 19.02%
- Total Assets 20.37%
About Western Abrasive Industries
Western Abrasive Industries Pvt Ltd (WAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 February 1988 and has a history of 37 years and two months. Its registered office is in Jamnagar, Gujarat, India.
The Company is engaged in the Machinery And Equipment 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 2.50 M and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹1.72 Cr. The company has closed loans amounting to ₹1.77 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dharmendrasinh Mahedu, Shilpaben Mahedu, Bhagirathsinh Mahedu, and One other member serve as directors at the Company.
Company Details
- Location
Jamnagar, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29224GJ1988PTC010403
- Company No.
010403
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Feb 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Machinery and Equipment
What products or services does Western Abrasive Industries Pvt Ltd offer?
Western Abrasive Industries Pvt Ltd offers a wide range of products and services, including Hydraulic & Pneumatic Tools, Air Spray Gun, Abrasives & Grains, Abrasive Media, Blasting Grit, Abrasive Wheels, Cleaning Liquids & Wipes, Automotive Cleaners, Paints, Wall Putty & Varnishes, Surface Polish.
Western Abrasive Industries Pvt Ltd
Explore comprehensive data for Western Abrasive Industries Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Western Abrasive Industries?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dharmendrasinh Mahedu  | Director | 26-Feb-1988 | Current |
| Shilpaben Mahedu | Director | 01-Dec-2004 | Current |
| Bhagirathsinh Mahedu | Director | 01-Mar-1990 | Current |
| Charanjitsinh Mahedu | Director | 15-Apr-2019 | Current |
Financial Performance of Western Abrasive Industries.
Western Abrasive Industries Pvt Ltd, for the financial year ended 2020, experienced modest growth in revenue, with a 0.67% increase. The company also saw a slight decrease in profitability, with a 3.6% decrease in profit. The company's net worth Soared by an impressive increase of 19.02%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Western Abrasive Industries?
In 2020, Western Abrasive Industries had a promoter holding of 85.78% and a public holding of 14.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹17.15 M
Satisfied Charges
₹17.73 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.63 Cr
- Others : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Apr 2022 | Hdfc Bank Limited | ₹1.63 Cr | Open |
| 12 Apr 2021 | Others | ₹0.85 M | Open |
| 17 Feb 2021 | Others | ₹1.60 M | Satisfied |
| 07 Jul 2020 | Others | ₹0.73 M | Satisfied |
| 31 Mar 2015 | Central Bank Of India | ₹1.00 Cr | Satisfied |
How Many Employees Work at Western Abrasive Industries?
Western Abrasive Industries has a workforce of 74 employees as of Apr 05, 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 Western Abrasive Industries, 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 Western Abrasive Industries'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 Western Abrasive Industries
Recent activity within the organization
- Annual General Meeting
Western Abrasive Industries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Western Abrasive Industries Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 07 Jul 2020 via Charge ID 100350518 with Others was fully satisfied on 15 Jun 2023.
- Charges
A charge with Hdfc Bank Limited of Rs. 16.30 M registered on 28 Apr 2022 with Charge ID 100570416 was modified on 14 Jun 2022.
- Charges
A charge registered on 17 Feb 2021 via Charge ID 100424904 with Others was fully satisfied on 09 May 2022.
- Charges
A charge registered on 31 Mar 2015 via Charge ID 10568503 with Central Bank Of India was fully satisfied on 09 May 2022.
Frequently asked questions
What is the Incorporation or founding date of Western Abrasive Industries Pvt Ltd?
Western Abrasive Industries Pvt Ltd was incorporated on 26 Feb 1988.
What is authorized share capital and paid-up capital of Western Abrasive Industries Pvt Ltd?
The authorized share capital of Western Abrasive Industries Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.
Who are the current board members & directors of Western Abrasive Industries Pvt Ltd?
Currently 4 directors are associated with Western Abrasive Industries Pvt Ltd.
- Dharmendrasinh Umedsinh Mahedu
- Shilpaben Dharmndrasinh Mahedu
- Bhagirathsinh Mahedu
- Charanjitsinh Dharmendrasinh Mahedu
What is the registered address of Western Abrasive Industries Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Western Abrasive Industries Pvt Ltd is Survey 58 Paiki Dhichada Road Bedeshwar India, Jamnagar, Gujarat, 361002.
What is the corporate identification number (CIN) and company number of Western Abrasive Industries Pvt Ltd?
The corporate identification number (CIN) of Western Abrasive Industries Pvt Ltd is U29224GJ1988PTC010403 and the company number is 010403 as per Ministry of Corporate Affairs (MCA).
What is the official website of Western Abrasive Industries Pvt Ltd?
The Official website of Western Abrasive Industries Pvt Ltd is https://www.westernabrasive.com
What has been the recent revenue trend for Western Abrasive Industries Pvt Ltd?
According to the financial reports for the fiscal year 2020, the revenue trend for Western Abrasive Industries Pvt Ltd has risen by 0.67%.
How many employees does Western Abrasive Industries Pvt Ltd currently have?
As Per 2020 financial reports, 74 employees are currently employed by Western Abrasive Industries Pvt Ltd.
What change has been observed in the net worth of Western Abrasive Industries Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Western Abrasive Industries Pvt Ltd has experienced an upsurge of 19.02%.
What are the total open charges for Western Abrasive Industries Pvt Ltd?
As per the financial statements for fiscal Year 2020, The total open charges for Western Abrasive Industries Pvt Ltd amount to ₹ 1.72 Cr.
When was the last Balance Sheet of Western Abrasive Industries Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Western Abrasive Industries Pvt Ltd was filed with the ROC on 31 Mar 2024.
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