Welvan Securities Private Limited
About Welvan Securities Private Limited
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Welvan Securities Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 October 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1996PTC103466. Its GSTIN is 27AAACW0802B1Z0 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.3 Lakh. It is led by directors Anil Kumar Khetan and Vishal Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 428 Kalbadevi Raod 2nd Floor Abhay House, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.1 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.88 Cr (net margin 37%) and EBITDA of ₹2.45 Cr (EBITDA margin 48.1%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹14.6 Cr on record. Court records list 15 cases involving the company, including 1 filed by the company and 14 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Welvan Securities Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address428 Kalbadevi Raod 2nd Floor Abhay House, Mumbai, Maharashtra, India – 400002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Welvan Securities 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 Welvan Securities are real estate activities and wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers real estate activities and wholesale trade, except of motor vehicles and motorcycles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Welvan Securities Private Limited, buy the company report.
Financials of Welvan Securities Private Limited
FY 2025 filings availableWelvan Securities Private Limited reported revenue of ₹5.1 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 12% 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 | ₹2.45 Cr | ||||
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| Net Profit (PAT) | ₹1.88 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 48.1% | ||||
| Net Profit Margin | 37% | ||||
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To see the full financial statements and ratios of Welvan Securities Private Limited, buy the company report.
Board of directors of Welvan Securities Private Limited
Welvan Securities has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Khetan | Director | 20 Jan 2005 | 21 Years 9 Months | Current |
| Vishal Agarwal Also directs: Shreehans Holding Pvt Ltd, Mayuresh Finance Private Limited | Director | 08 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Welvan Securities Private Limited is audited by SUBHASH KEDIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBHASH KEDIA & CO | FY 2021 | 112672W |
Shareholding
The shareholding of Welvan Securities Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Welvan Securities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2007 | 10065371 | Indiabulls Housing Finance Limited | ₹8.6 Cr | Open | |
| 20 Oct 2005 | 90351286 | State Bank of India | ₹6 Cr | Open |
To see the full charge records of Welvan Securities Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Welvan Securities Private Limited has 15 court cases on record: 1 filed by Welvan Securities, 14 filed against it. 7 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 11 | 4 |
| District courts | 3 | 2 | 2 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Shamirth Infra Private Limited | Pending |
| High Court | Commercial suit | Filed against the company by Shamirth Infra Private Limited and 4 others | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Shamirth Infra Private Limited | Pending |
| Supreme Court | Court case (2405-Indirect Taxation : Service Tax) | Filed against the company by Infiniti Retail Ltd. Bombay House 24, Homi Mody Street, , District: Mumbai ,Mumbai , Maharashtra | Pending |
| District court, Thane, Maharashtra | Court case (Civil M.A.) | Filed by the company against Shamirth Infra Pvt Ltd | Disposed |
To see the full case history of Welvan Securities 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 Welvan Securities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Welvan Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW0802B1Z0 | Maharashtra | Active | 23 Oct 2020 |
To see the full GST registrations and return filing status of Welvan Securities Private Limited, buy the company report.
Recent activity
Welvan Securities Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Vishal Agarwal ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Welvan Securities is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 October 1996 (30+ years old) and is registered under CIN U67120MH1996PTC103466.
Welvan Securities has 2 current directors:
- Anil Kumar Khetan - Director
- Vishal Agarwal - Director
The latest financial statements of Welvan Securities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Welvan Securities is 27AAACW0802B1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Welvan Securities is U67120MH1996PTC103466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welvan Securities has 15 court cases on record: 1 filed by the company and 14 filed against it. 7 are pending. Most are in the high courts.
Welvan Securities was incorporated on 23 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Vishal Agarwal ceased to be Additional Director on 30 Sep 2019. Harilal Khimji Senghani ceased to be Director on 09 Apr 2019. Tulsidas Khimji Patel ceased to be Director on 09 Apr 2019. Welvan Securities has 6 board changes on record in total.
The registered office of Welvan Securities is at 428 Kalbadevi Raod 2nd Floor Abhay House, Mumbai, Maharashtra, India – 400002.
Welvan Securities operates in the real estate and construction industry, in the real estate builders and developers segment.