Wetec Automation India Private Limited

Manufacturer of automated guided vehicles and robotics systems.

2016 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 15, 2024

Wetec Automation India Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.13 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 93.46%
  • Profit Growth 27.46%
  • Ebitda 33.47%
  • Net Worth -21.49%
  • Total Assets 54.50%

About Wetec Automation India

Wetec Automation India Private Limited (WAIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 26 April 2016 (Eight years and nine months 20 days old ). Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Engineering 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 0.20 M and a paid-up capital of Rs 0.13 M, as per Ministry of Corporate Affairs (MCA) records.

Chin Lin, Ashvinkumar Patel, and Jhanvi Patel serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    wetec.com.tw

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29293GJ2016FTC091748

  • Company No.

    091748

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    26 Apr 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

What products or services does Wetec Automation India Private Limited offer?

Wetec Automation India Private Limited offers a wide range of products and services, including VFD, PLC, HMI & Control Equipments, Industrial Automation Systems, Casting, Moulding & Forging Machines, Molding Machines, Intelligence and Spying Devices, Robot Machine, Robotic Systems, Material Handling Machines & Systems, Material Handling Equipments.

Who are the key members and board of directors at Wetec Automation India?

Board Members (3)

Name Designation Appointment Date Status
Jhanvi Patel Country flag representing In Director 30-Mar-2019 Current
Chin Lin Country flag representing Tw Director 26-Apr-2016 Current
Ashvinkumar Patel Country flag representing In Director 26-Apr-2016 Current

Financial Performance of Wetec Automation India.

Wetec Automation India Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 93.46% increase. The company also saw a substantial improvement in profitability, with a 27.46% increase in profit. The company's net worth observed a substantial decline by a decrease of 21.49%.

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
93.46%
Revenue from Operations
99.27%
Total Assets
54.50%
Profit or Loss
27.46%
Net Worth
-21.49%
EBITDA
33.47%

What is the Ownership and Shareholding Structure of Wetec Automation India?

In 2019, Wetec Automation India 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)

Placeholder for charges-related data

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

How Many Employees Work at Wetec Automation India?

Unlock and access historical data on people associated with Wetec Automation India, 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 Wetec Automation India, 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 Wetec Automation India'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 Wetec Automation India

Recent activity within the organization

  • Annual General Meeting

    Wetec Automation India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Wetec Automation India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Jhanvi Ashvinkumar Patel was appointed as a Director was appointed as a Director on 30 Mar 2019 & has been associated with this company since 5 years 10 months .

    30 Mar 2019

  • Director Appointment

    Chin Lung Lin was appointed as a Director was appointed as a Director on 26 Apr 2016 & has been associated with this company since 8 years 9 months .

    26 Apr 2016

  • Director Appointment

    Ashvinkumar Manilal Patel was appointed as a Director was appointed as a Director on 26 Apr 2016 & has been associated with this company since 8 years 9 months .

    26 Apr 2016

  • Company Incorporation

    Wetec Automation India Private Limited was registered on 26 Apr 2016 with Roc Ahmedabad & aged 8 years 9 months as per MCA records.

    26 Apr 2016

Frequently asked questions

  • Wetec Automation India Private Limited was incorporated on 26 Apr 2016.

  • The authorized share capital of Wetec Automation India Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.13 M.

  • Currently 3 directors are associated with Wetec Automation India Private Limited.

    • Chin Lung Lin
    • Ashvinkumar Manilal Patel
    • Jhanvi Ashvinkumar Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wetec Automation India Private Limited is A-301 Galaxy 88 Haspuara, Nava Naroda India, Ahmedabad, Gujarat, 382330.

  • The corporate identification number (CIN) of Wetec Automation India Private Limited is U29293GJ2016FTC091748 and the company number is 091748 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wetec Automation India Private Limited is https://www.wetec.com.tw

  • According to the financial reports for the fiscal year 2020, the revenue trend for Wetec Automation India Private Limited has risen by 93.46%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Wetec Automation India Private Limited has experienced an downturn of -21.49%.

  • The most recent Balance Sheet for Wetec Automation India Private Limited was filed with the ROC on 31 Mar 2024.