Wimco Limited

Provides packaging solutions for cosmetics, consumer, and pharma industries.

1923 | Mumbai, Maharashtra (India) | Active
Last Updated: July 01, 2024

Wimco Profile

Key Indicators

  • Authorised Capital ₹ 148.00 Cr
  • Paid Up Capital ₹ 23.51 Cr
  • Company Age 101 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 33.83 Cr
  • Satisfied Charges ₹ 3.75 Cr
  • Revenue Growth -2.08%
  • Profit Growth 138.82%
  • Ebitda 560.76%
  • Net Worth 6.21%
  • Total Assets 19.43%

About Wimco

Wimco Limited (WL) was founded in India on 07 September 1923 and has a glorious history of 101 years and five months. Its registered office is in Mumbai, Maharashtra, India.

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 148.00 Cr and a paid-up capital of Rs 23.51 Cr.

The company currently has active open charges totaling ₹33.83 Cr. The company has closed loans amounting to ₹3.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Wimco Limited India are Sharad Mundra as CFO and Surendra Sipani as Company Secretary. Chittranjan Dua, Dipak Dutta, Samir Limaye, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    wimcoengineering.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24291WB1923PLC264251

  • Company No.

    001082

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Sep 1923

  • Date of AGM

    25 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Machinery and Equipment

What products or services does Wimco Limited offer?

Wimco Limited offers a wide range of products and services, including Filling Machines, Tube Filling Machine, Strapping & Sealing Machines, Bag Sealer, Wrapping & Banding Machines, Wrapping Machines.

Who are the key members and board of directors at Wimco?

Executive Team (2)

NameDesignationAppointment DateStatus
Sharad Mundra Country flag representing In CFO01-Sep-2017Current
Surendra Sipani Country flag representing In Company Secretary01-May-2011Current

Board Members (5)

NameDesignationAppointment DateStatus
Samir Limaye Country flag representing In Whole-Time Director 07-Jun-2021Current
Ashok Dharmarajan Country flag representing In Director 22-Jul-2022Current
Chittranjan Dua Country flag representing In Director 21-Apr-1998Current
Dipak Dutta Country flag representing In Director 01-Jul-2005Current
Nidhi Bajaj Country flag representing In Director 30-Dec-2019Current

Financial Performance of Wimco.

Wimco Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.08% decrease. The company also saw a substantial improvement in profitability, with a 138.82% increase in profit. The company's net worth moved up by a moderate rise of 6.21%.

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
-2.08%
Revenue from Operations
-1.34%
Total Assets
19.43%
Profit or Loss
138.82%
Net Worth
6.21%
EBITDA
560.76%

What is the Ownership and Shareholding Structure of Wimco?

In 2023, Wimco 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

₹33.83 Cr

Satisfied Charges

₹3.75 Cr

Charges Breakdown by Lending Institutions

  • The Industrial Finance Corporation Of India Ltd. : 30.52 Cr
  • Others : 3.00 Cr
  • Union Bank Of Inida : 0.31 Cr

Latest Charge Details

DateLenderAmountStatus
08 Nov 2016Others₹3.00 CrOpen
22 May 1999Union Bank Of Inida₹0.24 MOpen
21 Apr 1998The Industrial Finance Corporation Of India Ltd.₹5.98 CrOpen
07 Apr 1998The Industrial Finance Corporation Of India Ltd.₹7.54 CrOpen
24 Jul 1996The Industrial Finance Corporation Of India Ltd.₹17.00 CrOpen

How Many Employees Work at Wimco?

Wimco has a workforce of 21 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 Wimco, 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 Wimco'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 Wimco

Recent activity within the organization

  • Annual General Meeting

    Wimco Limited last Annual general meeting of members was held on 25 Jul 2023 as per latest MCA records.

    25 Jul 2023

  • Balance Sheet

    Wimco Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Ashok Dharmarajan was appointed as a Director was appointed as a Director on 22 Jul 2022 & has been associated with this company since 2 years 7 months .

    22 Jul 2022

  • Director Appointment

    Samir Vijay Limaye was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 07 Jun 2021 & has been associated with this company since 3 years 8 months .

    07 Jun 2021

  • Director Appointment

    Nidhi Bajaj was appointed as a Director was appointed as a Director on 30 Dec 2019 & has been associated with this company since 5 years 1 month .

    30 Dec 2019

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100062160 was registered on 08 Nov 2016.

    08 Nov 2016

Frequently asked questions

  • Wimco Limited was incorporated on 07 Sep 1923.

  • The authorized share capital of Wimco Limited is ₹ 148.00 Cr and paid-up capital is ₹ 23.51 Cr.

  • Currently 7 directors are associated with Wimco Limited.

    • Chittranjan Dua
    • Dipak Kumar Dutta
    • Samir Vijay Limaye
    • Ashok Dharmarajan
    • Nidhi Bajaj
    • Sharad Mundra
    • Surendra Kumar Sipani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Wimco Limited is Indian Mercantile Chambersr K Marg, Ballard Estate, Mumbai, Maharashtra, 400038.

  • The corporate identification number (CIN) of Wimco Limited is U24291WB1923PLC264251 and the company number is 001082 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Wimco Limited is https://www.wimcoengineering.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Wimco Limited has fallen by -2.08%.

  • As Per 2023 financial reports, 21 employees are currently employed by Wimco Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Wimco Limited has experienced an upsurge of 6.21%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Wimco Limited amount to ₹ 33.83 Cr.

  • The most recent Balance Sheet for Wimco Limited was filed with the ROC on 31 Mar 2023.

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