About Welco Agencies Private Limited
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Welco Agencies Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 19 January 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899HR1990PTC057012. Its GSTIN is 06AAACW0134G1ZT (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors including Mahesh Chander Pahwa (Managing Director) and Yogesh Suri.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No 404 4th Floor Jmd Galleria Sohna Road, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2025, the company reported a revenue of ₹103.83 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹5.1 Cr (net margin 4.9%) and EBITDA of ₹8.18 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 13% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹65.2 Lakh and satisfied charges of ₹50 Lakh on record. Court records list 35 cases involving the company, including 34 filed by the company and 1 filed against it; 21 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website welcoagencies.com.
Company details
CIN history
Welco Agencies has one previous CIN (Corporate Identification Number): U74899DL1990PTC038962. The current CIN is U74899HR1990PTC057012, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899HR1990PTC057012 | Current |
| U74899DL1990PTC038962 | Previous |
Contact details
Welco Agencies Private Limited's registered office is in Gurgaon, Haryana. Its website is welcoagencies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 404 4th Floor Jmd Galleria Sohna Road, Gurgaon, Haryana, India – 122001
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Welco Agencies Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Welco Agencies are manufacturing and trade. In detail, this covers textile, leather and other apparel products and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Welco Agencies Private Limited, buy the company report.
Financials of Welco Agencies Private Limited
FY 2024 filings availableWelco Agencies Private Limited reported revenue of ₹103.83 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 16% growth in the latest year. EBITDA rose 28% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.18 Cr | ||||
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| Net Profit (PAT) | ₹5.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 4.9% | ||||
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To see the full financial statements and ratios of Welco Agencies Private Limited, buy the company report.
Board of directors of Welco Agencies Private Limited
Welco Agencies has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Chander Pahwa Also directs: Wendler Interlining Private Limited, Welco Export Private Limited | Managing Director | 19 Jan 1990 | 36 Years 9 Months | Current |
| Yogesh Suri Also directs: Wendler Interlining Private Limited, Welco Export Private Limited | Director | 03 Oct 2000 | 26 Years 0 Months | Current |
| Nisha Pahwa Also directs: Welco Export Private Limited | Director | 19 Jan 1990 | 36 Years 9 Months | Current |
| Shaina Suri | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Sangeeta Suri Also directs: Wendler Interlining Private Limited, Welco Export Private Limited | Director | 01 Aug 1992 | 34 Years 2 Months | Current |
Peer comparison
Welco Agencies Private Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ferro Sona Industries Limited | ₹108.7 Cr (FY 2025) | 35.0% | Ludhiana, Punjab, India | |||
| Grey's Exim Private Limited | ₹107.71 Cr (FY 2018) | -38.0% | Mumbai, Maharashtra, India | |||
| Asm Industries (India) Private Limited | ₹104.98 Cr (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| Welco Agencies Private Limitedthis company | ₹103.83 Cr (FY 2025) | ₹5.1 Cr | 4.9% | 16.0% | 56 | Gurgaon, Haryana, India |
| Dilip Fabrics Private Limited | ₹102.35 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Akriti Creations Private Limited | ₹99.37 Cr (FY 2024) | 6.0% | New Delhi, Delhi, India | |||
| Suditi Industries Limited | ₹97.29 Cr (FY 2025) | 34.0% | Thane, Maharashtra, India |
To see the full peer comparison of Welco Agencies Private Limited, buy the company report.
Auditor
Welco Agencies Private Limited is audited by D S R V AND CO. LLP. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S R V AND CO. LLP. | FY 2024 | N500073 |
Shareholding
The shareholding of Welco Agencies Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Welco Agencies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jan 2025 | 101054274 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 05 Nov 2023 | 100821151 | Hdfc Bank Limited | ₹25.2 Lakh | Open | |
| 18 Jul 2024 | 100976726 | Hdfc Bank Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Welco Agencies Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Welco Agencies Private Limited has 35 court cases on record: 34 filed by Welco Agencies, 1 filed against it. 21 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 1 | 21 |
| High courts | 6 | 0 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Umiya Garments Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against M/S Cavana Clothing Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Court case (CS37) | Filed by the company against M/S Malwa Industries Ltd Etc and 3 others | Pending |
| District court, Gurugram, Haryana | Court case (CS37) | Filed by the company against M/S Texxco Apparels P Ltd and 3 others | Pending |
| High Court, HARYANA | Court case (TA-COM) | Filed by the company against M/S Moonlight Continental Pvt. Ltd. and 5 others | Disposed |
To see the full case history of Welco Agencies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Welco Agencies Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 1,315 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Wendler Interlining Private Limited | |||
| Cesta Shipping Private Limited | |||
| an individual supplier | |||
| PNS Express Private Limited | |||
| Three Aces Global Logistics Private Limited |
To see the full MSME payment records of Welco Agencies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Welco Agencies Private Limited has a workforce of 56 employees on its EPFO records as of Feb 26, 2025, across 2 active EPFO establishments.
GST
Welco Agencies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACW0134G1ZT | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Welco Agencies Private Limited, buy the company report.
Recent activity
Welco Agencies Private Limited has 5 board changes on record since 1990: 5 appointments. The latest: Shaina Suri was appointed as Director on 30 Sep 2024.
Frequently asked questions
Welco Agencies is an active private limited company based in Gurgaon, Haryana, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 19 January 1990 (36+ years old) and is registered under CIN U74899HR1990PTC057012.
Welco Agencies has 5 current directors:
- Mahesh Chander Pahwa - Managing Director
- Yogesh Suri - Director
- Nisha Pahwa - Director
- Shaina Suri - Director
- Sangeeta Suri - Director
The latest financial statements of Welco Agencies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Welco Agencies is 06AAACW0134G1ZT, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Welco Agencies is U74899HR1990PTC057012. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welco Agencies has 35 court cases on record: 34 filed by the company and 1 filed against it. 21 are pending. Most are in the district courts.
Welco Agencies was incorporated on 19 January 1990, making it 36+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Welco Agencies by revenue are Ferro Sona Industries Limited, Grey's Exim Private Limited, Asm Industries (India) Private Limited, Dilip Fabrics Private Limited, Akriti Creations Private Limited and 1 more, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Shaina Suri was appointed as Director on 30 Sep 2024. Yogesh Suri was appointed as Director on 03 Oct 2000. Sangeeta Suri was appointed as Director on 01 Aug 1992. Welco Agencies has 5 board changes on record in total.
Welco Agencies has 6 MSME Form 1 returns on record between 2022 and 2024, listing 1,315 overdue payments to 10 micro and small suppliers. The latest return was filed on 02 Jul 2024.
Welco Agencies can be reached through the website welcoagencies.com. Its registered office is in Gurgaon, Haryana, India.
The registered office of Welco Agencies is at Office No 404 4th Floor Jmd Galleria Sohna Road, Gurgaon, Haryana, India – 122001.
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