Western India Sea Brines Pvt Ltd

Produces and sells various types of sea salt and related products.

1995 | Gandhidham, Gujarat (India) | Active
Last Updated: July 28, 2024

Western India Sea Brines Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.95 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.26 Cr
  • Satisfied Charges ₹ 37.71 Cr
  • Revenue Growth 66.62%
  • Profit Growth 65.17%
  • Ebitda 92.91%
  • Net Worth 13.23%
  • Total Assets 18.80%

About Western India Sea Brines

Western India Sea Brines Pvt Ltd (WISBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 March 1995 and has a history of 29 years and ten months. Its registered office is in Gandhidham, Gujarat, India.

The Company is engaged in the Food And Beverages 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 5.00 Cr and a paid-up capital of Rs 4.95 Cr.

The company currently has active open charges totaling ₹23.26 Cr. The company has closed loans amounting to ₹37.71 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hardik Patel, Ravindrabhai Patel, Rakeshkumar Jain, and Three other members serve as directors at the Company.

Company Details

  • Location

    Gandhidham, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999GJ1995PTC025084

  • Company No.

    025084

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Food and Beverages

Who are the key members and board of directors at Western India Sea Brines?

Board Members (6)

Name Designation Appointment Date Status
Hardik Patel Country flag representing In Director 10-Jun-2005 Current
Ravindrabhai Patel Country flag representing Fj Whole-Time Director 21-Mar-1995 Current
Rakeshkumar Jain Country flag representing In Director 08-Dec-2020 Current
Vijay Jain Country flag representing In Director 21-Sep-2020 Current
Naresh Jain Country flag representing In Director 21-Sep-2020 Current
Vishanubhai Patel Country flag representing In Director 08-Dec-2020 Current

Financial Performance of Western India Sea Brines.

Western India Sea Brines Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 66.62% increase. The company also saw a substantial improvement in profitability, with a 65.17% increase in profit. The company's net worth Soared by an impressive increase of 13.23%.

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
66.62%
Revenue from Operations
66.07%
Total Assets
18.80%
Profit or Loss
65.17%
Net Worth
13.23%
EBITDA
92.91%

What is the Ownership and Shareholding Structure of Western India Sea Brines?

In 2023, Western India Sea Brines had a promoter holding of 89.58% and a public holding of 10.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.26 Cr

Satisfied Charges

₹37.71 Cr

Charges Breakdown by Lending Institutions

  • Others : 23.20 Cr
  • Sundaram Finance Ltd. : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
25 Aug 2023 Others ₹9.41 M Open
25 Aug 2023 Others ₹5.59 M Open
19 Aug 2020 Others ₹1.80 Cr Open
29 Aug 2017 Others ₹19.90 Cr Open
29 Jun 2005 Sundaram Finance Ltd. ₹0.65 M Open

How Many Employees Work at Western India Sea Brines?

Western India Sea Brines has a workforce of 45 employees as of Mar 29, 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 Western India Sea Brines, 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 Sea Brines'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 Sea Brines

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 19.90 Cr registered on 29 Aug 2017 with Charge ID 100127998 was modified on 29 Jun 2024.

    29 Jun 2024

  • Annual General Meeting

    Western India Sea Brines Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.94 Cr with Charge ID 100791195 was registered on 25 Aug 2023.

    25 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 0.56 Cr with Charge ID 100791199 was registered on 25 Aug 2023.

    25 Aug 2023

  • Balance Sheet

    Western India Sea Brines Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Rakeshkumar Mohanlal Jain was appointed as a Director was appointed as a Director on 08 Dec 2020 & has been associated with this company since 4 years 1 month .

    08 Dec 2020

Frequently asked questions

  • Western India Sea Brines Pvt Ltd was incorporated on 21 Mar 1995.

  • The authorized share capital of Western India Sea Brines Pvt Ltd is ₹ 5.00 Cr and paid-up capital is ₹ 4.95 Cr.

  • Currently 6 directors are associated with Western India Sea Brines Pvt Ltd.

    • Hardik Ravindrabhai Patel
    • Ravindrabhai Purshottambhai Patel
    • Rakeshkumar Mohanlal Jain
    • Vijay Rameshkumar Jain
    • Naresh Kumar Jain
    • Vishanubhai Harmanbhai Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Western India Sea Brines Pvt Ltd is Office No. 2 Plot No.31 Sector-9First Floor, Gandhidham, Gujarat, India, 370201.

  • The corporate identification number (CIN) of Western India Sea Brines Pvt Ltd is U74999GJ1995PTC025084 and the company number is 025084 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Western India Sea Brines Pvt Ltd is https://www.westernsalt.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Western India Sea Brines Pvt Ltd has risen by 66.62%.

  • As Per 2023 financial reports, 45 employees are currently employed by Western India Sea Brines Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Western India Sea Brines Pvt Ltd has experienced an upsurge of 13.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Western India Sea Brines Pvt Ltd amount to ₹ 23.26 Cr.

  • The most recent Balance Sheet for Western India Sea Brines Pvt Ltd was filed with the ROC on 31 Mar 2023.

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