Welco Overseas Private Limited.
About Welco Overseas Private Limited.
Data last updated:
Welco Overseas Private Limited. was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Digital Hub India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 05 August 1999.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL1999PTC101014. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10.5 Cr and a paid-up capital of ₹6 Cr. It was led by directors Gursharan Kaur Batra and Jaspal Singh Batra.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at A – 41 Second Floor Naraina Industrial Area Phase – 2, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2023, the company reported a revenue of ₹81.8 Lakh, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹32.59 Lakh (net margin 39.8%) and EBITDA of ₹43.25 Lakh (EBITDA margin 52.9%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 3% over five years.
The company had about 3 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 2 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹28.5 Cr on record. Court records list 17 cases involving the company, including 10 filed by the company and 7 filed against it; 3 cases are pending. The company has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in November 2020. Its 4 peer companies in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 4 smaller; the largest is Gex Garments Private Limited with revenue of ₹81.79 Lakh.
Company details
CIN history
Welco Overseas Private Limited has one previous CIN (Corporate Identification Number): U52322DL1999PTC101014. The current CIN is U72200DL1999PTC101014, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200DL1999PTC101014 | Current |
| U52322DL1999PTC101014 | Previous |
Contact details
Welco Overseas Private Limited.'s registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 41 Second Floor Naraina Industrial Area Phase – 2, New Delhi, Delhi, India – 110028
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Welco Overseas 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 activity of Welco Overseas Private Limited is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Welco Overseas Private Limited., buy the company report.
Financials of Welco Overseas Private Limited.
FY 2023 filings availableWelco Overseas Private Limited. reported revenue of ₹81.8 Lakh (up 26% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 26% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 548% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹43.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.59 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.9% | ||||
| Net Profit Margin | 39.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Welco Overseas Private Limited., buy the company report.
Board of directors of Welco Overseas Private Limited.
Welco Overseas Private Limited has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gursharan Kaur Batra Also directs: Heritage Printing Works LLP, Amrit Graphics Private Limited, Arrena Overseas Private Limited and 2 more | Director | 11 Aug 2022 | 4 Years 2 Months | As last reported |
| Jaspal Singh Batra Also directs: Heritage Printing Works LLP, Amrit Graphics Private Limited, Arrena Overseas Private Limited and 3 more | Director | 21 Sep 2020 | 6 Years 1 Months | As last reported |
Peer comparison
Welco Overseas Private Limited. is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Welco Overseas Private Limited.this company | ₹81.8 Lakh (FY 2023) | ₹32.59 Lakh | 39.8% | 26.0% | 3 | New Delhi, Delhi, India |
| Gex Garments Private Limited | ₹81.79 Lakh (FY 2025) | -55.0% | Delhi, India | |||
| Omkar Industries Limited | ₹81.54 Lakh (FY 2025) | -34.0% | Ahmedabad, Gujarat, India | |||
| Gujarat Fibrotech (India) Ltd | ₹81.53 Lakh (FY 2025) | -10.0% | Ahmedabad, Gujarat, India | |||
| Sensational Tradelink Private Limited | ₹81.45 Lakh (FY 2025) | 4.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Welco Overseas Private Limited., buy the company report.
Auditor
Welco Overseas Private Limited. is audited by M MOHIT & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M MOHIT & CO | FY 2022 | 028732C |
Shareholding
The shareholding of Welco Overseas Private Limited. is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Welco Overseas Private Limited., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jan 2010 | 10205995 | Syndicate Bank | ₹4.25 Cr | Satisfied | |
| 16 Dec 2004 | 90055554 | Syndicate Bank | ₹1.75 Cr | Satisfied | |
| 20 Aug 2004 | 90055407 | Syndicate Bank | ₹6.15 Cr | Satisfied | |
| 23 Dec 2003 | 90055143 | Punjab National Bank | ₹1.5 Cr | Satisfied | |
| 07 Mar 2001 | 90054152 | Punjab National Bank | ₹6 Cr | Satisfied |
To see the full charge records of Welco Overseas Private Limited., buy the company report.
Total charge records: 8 View all charges
Deals & funding
Welco Overseas Private Limited. has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in November 2020.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Rights issue | ₹3.2 Cr | Investors: Digital Hub India Private Limited , S.S.Batra Estates Private Limited |
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: S.S.Batra Estates Private Limited Seller: Noble Brothers Impex Limited |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: Noble Brothers Impex Limited Seller: an individual |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Digital Hub India Private Limited |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: Noble Brothers Impex Limited Seller: an individual |
To see the full deal history of Welco Overseas Private Limited., buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Welco Overseas Private Limited. has 17 court cases on record: 10 filed by Welco Overseas Private Limited, 7 filed against it. 3 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 3 | 1 |
| District courts | 7 | 4 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by M/S. Printek Graphix (India) Pvt. Ltd. and 3 Others and 3 others | Pending |
| District court, South East, Delhi | Revision petition | Filed against the company by M/S Intec Capital Ltd | Pending |
| Bombay High Court | Commercial suit | Filed against the company by M/S. Printek Graphix (India) Pvt. Ltd. and 3 Others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Printek Graphics India Pvt Ltd and 3 others | Disposed |
| Bombay High Court | Court case (NMCD) | Filed against the company by M/S. Printek Graphix (India) Pvt. Ltd. and 3 Others | Disposed |
To see the full case history of Welco Overseas 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
No delayed payments to MSME suppliers are on our record for Welco Overseas Private Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Welco Overseas Private Limited has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Future Creations Private Limited | U47999DL2000PTC104749 | |
| Icon Global Impex Limited | U74899DL1995PLC065660 |
To see the full group structure of Welco Overseas Private Limited., buy the company report.
Employees & EPFO
Welco Overseas Private Limited. has a workforce of 3 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Welco Overseas Private Limited has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Welco Overseas Private Limited., buy the company report.
Recent activity
Welco Overseas Private Limited. has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Amar Pal Singh ceased to be Director on 19 Jan 2023.
19 earlier events are in the company report.
Frequently asked questions
Welco Overseas Private Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Welco Overseas Private Limited was a private limited company based in New Delhi, Delhi, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 05 August 1999 and is registered under CIN U72200DL1999PTC101014. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Welco Overseas Private Limited was incorporated on 05 August 1999. It is registered with the Registrar of Companies, Delhi.
Welco Overseas Private Limited had 2 directors:
- Gursharan Kaur Batra - Director
- Jaspal Singh Batra - Director
The CIN (Corporate Identification Number) of Welco Overseas Private Limited is U72200DL1999PTC101014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Welco Overseas Private Limited is at A – 41 Second Floor Naraina Industrial Area Phase – 2, New Delhi, Delhi, India – 110028.
The latest financial statements of Welco Overseas Private Limited on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Welco Overseas Private Limited has 2 GST registrations on record and all of them are cancelled or inactive.
Welco Overseas Private Limited operated in the home and lifestyle industry, in the textile retail and distribution segment.
Welco Overseas Private Limited has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in November 2020.
The peers of Welco Overseas Private Limited by revenue are Gex Garments Private Limited, Omkar Industries Limited, Gujarat Fibrotech (India) Ltd, Sensational Tradelink Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).