Western India Transport Finance Company Private Limited

Provides financial services such as loans, insurance, and financial literacy.

2006 | Thane, Maharashtra (India) | Active
Last Updated: October 24, 2024

Western India Transport Finance Company Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 4.21 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 231.93 Cr
  • Revenue Growth -2.82%
  • Profit Growth 76.10%
  • Ebitda -40.65%
  • Net Worth 85.44%
  • Total Assets -16.08%

About Western India Transport Finance Company

Western India Transport Finance Company Private Limited (WITFCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 April 2006 and has a history of 18 years and ten months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Ats Carriers Private Limited. 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 6.00 Cr and a paid-up capital of Rs 4.21 Cr.

The company has closed loans amounting to ₹231.93 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nikhil Swadi and Madhvendra Singh serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    witfin.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65923MH2006PTC161117

  • Company No.

    161117

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Western India Transport Finance Company?

Executive Team (1)

NameDesignationAppointment DateStatus
Nikhil Swadi Country flag representing In Managing Director28-Dec-2010Current

Board Members (1)

NameDesignationAppointment DateStatus
Madhvendra Singh Country flag representing In Additional Director 10-May-2024Current

Financial Performance of Western India Transport Finance Company.

Western India Transport Finance Company Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.82% decrease. The company also saw a substantial improvement in profitability, with a 76.1% increase in profit. The company's net worth Soared by an impressive increase of 85.44%.

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
-2.82%
Revenue from Operations
-32.66%
Total Assets
-16.08%
Profit or Loss
76.10%
Net Worth
85.44%
EBITDA
-40.65%

What is the Ownership and Shareholding Structure of Western India Transport Finance Company?

In 2023, Western India Transport Finance Company 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

₹231.93 Cr

Charges Breakdown by Lending Institutions

  • Others : 203.89 Cr
  • Gda Trusteeship Limited : 10.04 Cr
  • The South Indian Bank Limited : 5.00 Cr
  • Au Financiers (India) Limited : 5.00 Cr
  • Ifmr Capital Finance Private Limited : 5.00 Cr
  • Others : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Dec 2019Others₹5.00 CrSatisfied
30 Sep 2019Others₹6.00 CrSatisfied
29 Aug 2019Others₹4.00 CrSatisfied
16 Aug 2019Others₹5.00 CrSatisfied
11 Mar 2019Others₹5.00 CrSatisfied

How Many Employees Work at Western India Transport Finance Company?

Western India Transport Finance Company has a workforce of 30 employees as of Apr 08, 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 Transport Finance Company, 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 Transport Finance Company'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 Transport Finance Company

Recent activity within the organization

  • Director Appointment

    Madhvendra Singh was appointed as a Additional Director was appointed as a Additional Director on 10 May 2024 & has been associated with this company since 9 months 15 days .

    10 May 2024

  • Annual General Meeting

    Western India Transport Finance Company Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 16 Aug 2019 via Charge ID 100287520 with Others was fully satisfied on 21 Aug 2023.

    21 Aug 2023

  • Balance Sheet

    Western India Transport Finance Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 28 Jan 2017 via Charge ID 100088267 with Others was fully satisfied on 28 Feb 2022.

    28 Feb 2022

  • Charges

    A charge registered on 17 Dec 2019 via Charge ID 100308837 with Others was fully satisfied on 16 Feb 2022.

    16 Feb 2022

Frequently asked questions

  • Western India Transport Finance Company Private Limited was incorporated on 13 Apr 2006.

  • The authorized share capital of Western India Transport Finance Company Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 4.21 Cr.

  • Currently 2 directors are associated with Western India Transport Finance Company Private Limited.

    • Nikhil Dilip Swadi
    • Madhvendra Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Western India Transport Finance Company Private Limited is Shop No-261 1St Floor D Wing Vashi Plaza Plot No-80 81 Sector -17, India, Thane, Maharashtra, 400703.

  • The corporate identification number (CIN) of Western India Transport Finance Company Private Limited is U65923MH2006PTC161117 and the company number is 161117 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Western India Transport Finance Company Private Limited is https://www.witfin.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Western India Transport Finance Company Private Limited has fallen by -2.82%.

  • As Per 2023 financial reports, 30 employees are currently employed by Western India Transport Finance Company Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Western India Transport Finance Company Private Limited has experienced an upsurge of 85.44%.

  • The most recent Balance Sheet for Western India Transport Finance Company Private Limited was filed with the ROC on 31 Mar 2023.

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