Western Hi-Tech Bearing Manufacturing Private Limited

Manufactures and deals in various types of bearings and related products since 1991.

1991 | Rajkot, Gujarat (India) | Active
Last Updated:

Western Hi-Tech Bearing Manufacturing Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.26 M
  • Company Age 33 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 3.68 Cr
  • Revenue Growth -41.67%
  • Profit Growth 1838.67%
  • Ebitda -70.13%
  • Net Worth 619.14%
  • Total Assets -12.21%

About Western Hi-Tech Bearing Manufacturing

Western Hi-Tech Bearing Manufacturing Private Limited (WHBMPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 April 1991 and has a history of 33 years and 11 months. Its registered office is in Rajkot, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.26 M.

The company has closed loans amounting to ₹3.68 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Brinda Shah and Hitesh Shah serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29130GJ1991PTC015496

  • Company No.

    015496

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Apr 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment
Company report

Western Hi-Tech Bearing Manufacturing Private Limited

Explore comprehensive data for Western Hi-Tech Bearing Manufacturing Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Western Hi-Tech Bearing Manufacturing?

Board Members (2)

NameDesignationAppointment DateStatus
Brinda Shah Country flag representing In Director 14-Mar-2007Current
Hitesh Shah Country flag representing In Director 14-Mar-2007Current

Financial Performance of Western Hi-Tech Bearing Manufacturing.

Western Hi-Tech Bearing Manufacturing Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.67% decrease. The company also saw a substantial improvement in profitability, with a 1838.67% increase in profit. The company's net worth Soared by an impressive increase of 619.14%.

Western Hi-Tech Bearing Manufacturing revenue growth over time
Western Hi-Tech Bearing Manufacturing 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
-41.67%
Revenue from Operations
Total Assets
-12.21%
Profit or Loss
1838.67%
Net Worth
619.14%
EBITDA
-70.13%

What is the Ownership and Shareholding Structure of Western Hi-Tech Bearing Manufacturing?

In 2022, Western Hi-Tech Bearing Manufacturing 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

₹36.78 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.74 Cr
  • Yes Bank Limited : 1.19 Cr
  • Rajkot Nagarik Sahakari Bank Ltd. : 0.50 Cr
  • Corporation Bank : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2019Yes Bank Limited₹1.19 CrSatisfied
31 May 2013Hdfc Bank Limited₹1.07 CrSatisfied
09 May 2013Hdfc Bank Limited₹6.72 MSatisfied
15 Dec 2010Rajkot Nagarik Sahakari Bank Ltd.₹5.00 MSatisfied
05 Nov 2003Corporation Bank₹2.50 MSatisfied

How Many Employees Work at Western Hi-Tech Bearing Manufacturing?

Unlock and access historical data on people associated with Western Hi-Tech Bearing Manufacturing, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Western Hi-Tech Bearing Manufacturing Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Western Hi-Tech Bearing Manufacturing, 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 Hi-Tech Bearing Manufacturing'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 Western Hi-Tech Bearing Manufacturing

Recent activity within the organization

  • Annual General Meeting

    Western Hi-Tech Bearing Manufacturing Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Western Hi-Tech Bearing Manufacturing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge registered on 29 Jun 2019 via Charge ID 100276518 with Yes Bank Limited was fully satisfied on 18 Nov 2020.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 11.85 M with Charge ID 100276518 was registered on 29 Jun 2019.

  • Charges

    A charge registered on 31 May 2013 via Charge ID 10430373 with Hdfc Bank Limited was fully satisfied on 20 Jun 2018.

  • Charges

    A charge registered on 09 May 2013 via Charge ID 10424452 with Hdfc Bank Limited was fully satisfied on 18 Jun 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Western Hi-Tech Bearing Manufacturing Private Limited?

    Western Hi-Tech Bearing Manufacturing Private Limited was incorporated on 23 Apr 1991.

  • What is authorized share capital and paid-up capital of Western Hi-Tech Bearing Manufacturing Private Limited?

    The authorized share capital of Western Hi-Tech Bearing Manufacturing Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.26 M.

  • Who are the current board members & directors of Western Hi-Tech Bearing Manufacturing Private Limited?

    Currently 2 directors are associated with Western Hi-Tech Bearing Manufacturing Private Limited.

    • Brinda Hitesh Shah
    • Hitesh Vinubhai Shah

  • What is the registered address of Western Hi-Tech Bearing Manufacturing Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Western Hi-Tech Bearing Manufacturing Private Limited is Mahavir Industr Estate Survey No219 Plot No 12/13 N H 88, Veraval-Shapar Gondal Road India, Rajkot, Gujarat, 360002.

  • What is the corporate identification number (CIN) and company number of Western Hi-Tech Bearing Manufacturing Private Limited?

    The corporate identification number (CIN) of Western Hi-Tech Bearing Manufacturing Private Limited is U29130GJ1991PTC015496 and the company number is 015496 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Western Hi-Tech Bearing Manufacturing Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Western Hi-Tech Bearing Manufacturing Private Limited has fallen by -41.67%.

  • What change has been observed in the net worth of Western Hi-Tech Bearing Manufacturing Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Western Hi-Tech Bearing Manufacturing Private Limited has experienced an upsurge of 619.14%.

  • When was the last Balance Sheet of Western Hi-Tech Bearing Manufacturing Private Limited filed with the ROC?

    The most recent Balance Sheet for Western Hi-Tech Bearing Manufacturing Private Limited was filed with the ROC on 31 Mar 2023.

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