Wolcut Abrasives Industries Private Limited

Wholesale trading of tools, abrasives, hardware, and mills stores since 1991.

1991 | Central Delhi, Delhi (India) | Active
Last Updated:

Wolcut Abrasives Industries Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.36 M
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.25 M
  • Satisfied Charges ₹ 6.40 M
  • Revenue Growth 26.47%
  • Profit Growth 46.44%
  • Ebitda 27.31%
  • Net Worth 34.61%
  • Total Assets 17.22%

About Wolcut Abrasives Industries

Wolcut Abrasives Industries Private Limited (WAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 March 1991 and has a history of 34 years and two months. Its registered office is in Central Delhi, Delhi, India.

The Corporate was formerly known as Kumar Abrasives Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.36 M.

The company currently has active open charges totaling ₹9.25 M. The company has closed loans amounting to ₹6.40 M, as per Ministry of Corporate Affairs (MCA) records.

Rajiv Khandelwal, Alok Gupta, and Uma Khandelwal serve as directors at the Company.

Company Details

  • Location

    Central Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1991PTC043565

  • Company No.

    043565

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Engineering

What products or services does Wolcut Abrasives Industries Private Limited offer?

Wolcut Abrasives Industries Private Limited offers a wide range of products and services, including Abrasives & Grains, Abrasive Sheets, Abrasive Wheels, Paper & Paper Made Products, Coated Paper, Polishing Abrasives, Paints, Wall Putty & Varnishes, Surface Polish, Abrasive Tool, Abrasive Discs.

Company report

Wolcut Abrasives Industries Private Limited

Explore comprehensive data for Wolcut Abrasives Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Wolcut Abrasives Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajiv Khandelwal Country flag representing In Managing Director20-Mar-1991Current

Board Members (2)

NameDesignationAppointment DateStatus
Alok Gupta Country flag representing In Director 21-Dec-2018Current
Uma Khandelwal Country flag representing In Director 01-Jan-2018Current

Financial Performance of Wolcut Abrasives Industries.

Wolcut Abrasives Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.47% increase. The company also saw a substantial improvement in profitability, with a 46.44% increase in profit. The company's net worth Soared by an impressive increase of 34.61%.

Wolcut Abrasives Industries revenue growth over time
Wolcut Abrasives Industries 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
26.47%
Revenue from Operations
26.63%
Total Assets
17.22%
Profit or Loss
46.44%
Net Worth
34.61%
EBITDA
27.31%

What is the Ownership and Shareholding Structure of Wolcut Abrasives Industries?

In 2023, Wolcut Abrasives Industries had a promoter holding of 86.20% and a public holding of 13.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.25 M

Satisfied Charges

₹6.40 M

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 0.93 Cr

Latest Charge Details

DateLenderAmountStatus
13 Oct 2001Oriental Bank Of Commerce₹3.50 MOpen
14 Feb 2001Oriental Bank Of Commerce₹2.20 MOpen
22 Sep 1999Oriental Bank Of Commerce₹2.25 MOpen
27 Mar 1997Oriental Bank Of Commerce₹1.00 MOpen
25 Jan 1995Oriental Bank Of Commerce₹0.30 MOpen

How Many Employees Work at Wolcut Abrasives Industries?

Wolcut Abrasives Industries has a workforce of 0 employees as of Apr 10, 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.

Employee growth trends for Wolcut Abrasives Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wolcut Abrasives Industries, 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 Wolcut Abrasives Industries'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 Wolcut Abrasives Industries

Recent activity within the organization

  • Charges

    A charge registered on 14 Feb 2001 via Charge ID 80013513 with Oriental Bank Of Commerce was fully satisfied on 28 Dec 2023.

  • Annual General Meeting

    Wolcut Abrasives Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Wolcut Abrasives Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Alok Gupta was appointed as a Director was appointed as a Director on 21 Dec 2018 & has been associated with this company since 6 years 5 months .

  • Director Appointment

    Uma Khandelwal was appointed as a Director was appointed as a Director on 01 Jan 2018 & has been associated with this company since 7 years 4 months .

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 6.40 M registered on 14 Feb 2001 with Charge ID 80013513 was modified on 21 Feb 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Wolcut Abrasives Industries Private Limited?

    Wolcut Abrasives Industries Private Limited was incorporated on 20 Mar 1991.

  • What is authorized share capital and paid-up capital of Wolcut Abrasives Industries Private Limited?

    The authorized share capital of Wolcut Abrasives Industries Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.36 M.

  • Who are the current board members & directors of Wolcut Abrasives Industries Private Limited?

    Currently 3 directors are associated with Wolcut Abrasives Industries Private Limited.

    • Rajiv Kumar Khandelwal
    • Alok Gupta
    • Uma Khandelwal

  • What is the registered address of Wolcut Abrasives Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Wolcut Abrasives Industries Private Limited is 3087 3Rd Floor Gali Mahajan Sita Ram Bazar, India, Delhi, 110006.

  • What is the corporate identification number (CIN) and company number of Wolcut Abrasives Industries Private Limited?

    The corporate identification number (CIN) of Wolcut Abrasives Industries Private Limited is U74899DL1991PTC043565 and the company number is 043565 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Wolcut Abrasives Industries Private Limited?

    The Official website of Wolcut Abrasives Industries Private Limited is https://www.wolcut.com

  • What has been the recent revenue trend for Wolcut Abrasives Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Wolcut Abrasives Industries Private Limited has risen by 26.47%.

  • What change has been observed in the net worth of Wolcut Abrasives Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Wolcut Abrasives Industries Private Limited has experienced an upsurge of 34.61%.

  • What are the total open charges for Wolcut Abrasives Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Wolcut Abrasives Industries Private Limited amount to ₹ 9.25 M.

  • When was the last Balance Sheet of Wolcut Abrasives Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Wolcut Abrasives Industries Private Limited was filed with the ROC on 31 Mar 2023.

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