Western India Commercial Co Limited

NBFC providing investment and financial services, registered with RBI since 1928.

1928 | Kolkata, West Bengal (India) | Active
Last Updated: June 28, 2024

Western India Commercial Co Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 1.80 M
  • Company Age 96 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 2.27%
  • Profit Growth 41.93%
  • Ebitda 3.76%
  • Net Worth 8.64%
  • Total Assets 9.48%

About Western India Commercial Co

Western India Commercial Co Limited (WICCL) was founded in India on 13 August 1928 and has a glorious history of 96 years and six months.Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Financial 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 3.50 M and a paid-up capital of Rs 1.80 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Western India Commercial Co Limited India are Ghanshyam Mohta as COMPANY SECRETARY and Ravi Joshi as Cfo. Ravi Goenka, Tapas Bhattacharya, Jagdish Mundra, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    western-india.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L67120WB1928PLC093924

  • Company No.

    093924

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Aug 1928

  • Date of AGM

    14 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Western India Commercial Co?

Executive Team (2)

NameDesignationAppointment DateStatus
Ghanshyam Mohta Country flag representing In Company Secretary15-Feb-2019Current
Ravi Joshi CFO14-Nov-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Ravi Goenka Country flag representing In Director 24-May-2022Current
Tapas Bhattacharya Country flag representing In Director 30-Jun-2018Current
Jagdish Mundra Country flag representing In Director 27-Jul-2006Current
Subhas Jajoo Country flag representing In Director 12-Jan-2012Current
Rajkamal Bangur Country flag representing In Director 04-Feb-2015Current

Financial Performance of Western India Commercial Co.

Western India Commercial Co Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.27% increase. The company also saw a substantial improvement in profitability, with a 41.93% increase in profit. The company's net worth moved up by a moderate rise of 8.64%.

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
2.27%
Revenue from Operations
2.17%
Total Assets
9.48%
Profit or Loss
41.93%
Net Worth
8.64%
EBITDA
3.76%

What is the Ownership and Shareholding Structure of Western India Commercial Co?

In 2023, Western India Commercial Co had a promoter holding of 74.95% and a public holding of 25.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Western India Commercial Co?

Unlock and access historical data on people associated with Western India Commercial Co, 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 Western India Commercial Co, 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 India Commercial Co'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 India Commercial Co

Recent activity within the organization

  • Annual General Meeting

    Western India Commercial Co Limited last Annual general meeting of members was held on 14 Aug 2023 as per latest MCA records.

    14 Aug 2023

  • Balance Sheet

    Western India Commercial Co Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Ghanshyam Mohta was appointed as a Company Secretary was appointed as a Company Secretary on 15 Feb 2019 & has been associated with this company since 6 years 7 days .

    15 Feb 2019

  • Director Appointment

    Tapas Kumar Bhattacharya was appointed as a Director was appointed as a Director on 30 Jun 2018 & has been associated with this company since 6 years 7 months .

    30 Jun 2018

  • Director Appointment

    Rajkamal Devi Bangur was appointed as a Director was appointed as a Director on 04 Feb 2015 & has been associated with this company since 10 years 18 days .

    04 Feb 2015

  • Director Appointment

    Subhas Jajoo was appointed as a Director was appointed as a Director on 12 Jan 2012 & has been associated with this company since 13 years 1 month .

    12 Jan 2012

Frequently asked questions

  • Western India Commercial Co Limited was incorporated on 13 Aug 1928.

  • The authorized share capital of Western India Commercial Co Limited is ₹ 3.50 M and paid-up capital is ₹ 1.80 M.

  • Currently 7 directors are associated with Western India Commercial Co Limited.

    • Ghanshyam Mohta
    • Ravi Joshi
    • Ravi Goenka
    • Tapas Kumar Bhattacharya
    • Jagdish Prasad Mundra
    • Subhas Jajoo
    • Rajkamal Devi Bangur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Western India Commercial Co Limited is 21 Strand Road, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Western India Commercial Co Limited is L67120WB1928PLC093924 and the company number is 093924 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Western India Commercial Co Limited is https://www.western-india.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Western India Commercial Co Limited has risen by 2.27%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Western India Commercial Co Limited has experienced an upsurge of 8.64%.

  • The most recent Balance Sheet for Western India Commercial Co Limited was filed with the ROC on 31 Mar 2023.

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