Wika Process Solutions India Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.35 M
- Company Age 45 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.75 Cr
- Satisfied Charges ₹ 18.89 Cr
- Revenue Growth -12.87%
- Profit Growth -61.69%
- Ebitda -48.00%
- Net Worth 10.26%
- Total Assets 2.58%
About Wika Process Solutions India
Wika Process Solutions India Private Limited (WPSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 November 1979 and has a history of 45 years and four months. Its registered office is in Faridabad, Haryana, India.
The Corporate was formerly known as Micro Precision Products Pvt Ltd. 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 0.50 M and a paid-up capital of Rs 0.35 M.
The company currently has active open charges totaling ₹3.75 Cr. The company has closed loans amounting to ₹18.89 Cr, as per Ministry of Corporate Affairs (MCA) records.
Alexander Wiegand, Gaurav Bawa, Sandeep Khole, and One other member serve as directors at the Company.
Company Details
- Location
Faridabad, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74899HR1979PTC067259
- Company No.
067259
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Nov 1979
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Machinery and Equipment
What products or services does Wika Process Solutions India Private Limited offer?
Wika Process Solutions India Private Limited offers a wide range of products and services, including PVC, FRP, HDPE & Other Plastic Pipes, Industrial Plastic Pipes, Industrial Valves & Valve Fittings, Industrial Valves, Shut-Off Valves, Milling & Grinding Tools, Grinding Parts, Flanges & Flanged Fittings, Steel Flanges, Oxygen & Nitrogen Gas Plants.
Wika Process Solutions India Private Limited
Explore comprehensive data for Wika Process Solutions India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Wika Process Solutions India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gaurav Bawa  | Managing Director | 06-Jul-2017 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Alexander Wiegand  | Director | 12-Sep-2014 | Current |
| Sandeep Khole | Director | 22-May-2014 | Current |
| Andreas Keiger | Director | 12-Aug-2020 | Current |
Financial Performance of Wika Process Solutions India.
Wika Process Solutions India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.87% decrease. The company also saw a substantial fall in profitability, with a 61.69% decrease in profit. The company's net worth Soared by an impressive increase of 10.26%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Wika Process Solutions India?
In 2023, Wika Process Solutions 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.
Related Corporates (Common Directorship)
Wika Instruments India Private LimitedAlexander Wiegand, Gaurav Bawa and 1 more are mutual person
Charges (Loans)
Open Charges
₹37.50 M
Satisfied Charges
₹188.93 M
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 3.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Aug 2014 | The Hongkong And Shanghai Banking Corporation Limited | ₹3.75 Cr | Open |
| 19 May 2008 | Small Industries Development Bank Of India | ₹2.25 Cr | Satisfied |
| 08 Mar 2007 | Canara Bank | ₹2.00 Cr | Satisfied |
| 08 Mar 2007 | Canara Bank | ₹3.10 Cr | Satisfied |
| 08 Mar 2007 | Canara Bank | ₹1.00 Cr | Satisfied |
How Many Employees Work at Wika Process Solutions India?
Wika Process Solutions India has a workforce of 182 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Wika Process Solutions 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 Wika Process Solutions India's trajectory.
Rating
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
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 Wika Process Solutions India
Recent activity within the organization
- Charges
A charge registered on 08 Mar 2007 via Charge ID 10047607 with Canara Bank was fully satisfied on 28 Dec 2023.
- Annual General Meeting
Wika Process Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Wika Process Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 37.50 M registered on 06 Aug 2014 with Charge ID 10524550 was modified on 27 Jul 2022.
- Director Appointment
Andreas Keiger was appointed as a Director was appointed as a Director on 12 Aug 2020 & has been associated with this company since 4 years 7 months .
- Director Appointment
Gaurav Bawa was appointed as a Managing Director was appointed as a Managing Director on 06 Jul 2017 & has been associated with this company since 7 years 8 months .
Frequently asked questions
What is the Incorporation or founding date of Wika Process Solutions India Private Limited?
Wika Process Solutions India Private Limited was incorporated on 09 Nov 1979.
What is authorized share capital and paid-up capital of Wika Process Solutions India Private Limited?
The authorized share capital of Wika Process Solutions India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.35 M.
Who are the current board members & directors of Wika Process Solutions India Private Limited?
Currently 4 directors are associated with Wika Process Solutions India Private Limited.
- Alexander Konard Wiegand
- Gaurav Bawa
- Sandeep Digamber Khole
- Andreas Keiger
What is the registered address of Wika Process Solutions India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Wika Process Solutions India Private Limited is H.B No. 40 Revenue Estate Vill-Dudhola, Tehsil Dist.- India, Palwal, Haryana, 121102.
What is the corporate identification number (CIN) and company number of Wika Process Solutions India Private Limited?
The corporate identification number (CIN) of Wika Process Solutions India Private Limited is U74899HR1979PTC067259 and the company number is 067259 as per Ministry of Corporate Affairs (MCA).
What is the official website of Wika Process Solutions India Private Limited?
The Official website of Wika Process Solutions India Private Limited is https://www.flowelements.net
What has been the recent revenue trend for Wika Process Solutions India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Wika Process Solutions India Private Limited has fallen by -12.87%.
How many employees does Wika Process Solutions India Private Limited currently have?
As Per 2023 financial reports, 182 employees are currently employed by Wika Process Solutions India Private Limited.
What change has been observed in the net worth of Wika Process Solutions India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Wika Process Solutions India Private Limited has experienced an upsurge of 10.26%.
What are the total open charges for Wika Process Solutions India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Wika Process Solutions India Private Limited amount to ₹ 3.75 Cr.
When was the last Balance Sheet of Wika Process Solutions India Private Limited filed with the ROC?
The most recent Balance Sheet for Wika Process Solutions India Private Limited was filed with the ROC on 31 Mar 2023.
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