Nand Welforge Limited
About Nand Welforge Limited
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Nand Welforge Limited is a public limited company based in Junagadh, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 November 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ1991PLC016688. Its GSTIN is 24AACCN5779L1ZY (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹17.83 Lakh. It was formerly known as Welforge Limited. It is led by directors including Bachubhai Sukabhai Antroliya (Managing Director) and Vibhaben Mayurbhai Antroliya.
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 Mitadi Road Mayur Ginning Compound Manavaday, Junagadh, Gujarat, India – 362630.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.12 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹2.74 Lakh (net margin 12.4%) and EBITDA of ₹11.46 Lakh (EBITDA margin 51.8%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
As per MCA filings, the company has satisfied charges of ₹10.8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Nand Welforge has one previous CIN (Corporate Identification Number): U27100GJ1991PTC016688. The current CIN is U27100GJ1991PLC016688, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100GJ1991PLC016688 | Current |
| U27100GJ1991PTC016688 | Previous |
Contact details
Nand Welforge Limited's registered office is in Junagadh, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMitadi Road Mayur Ginning Compound Manavaday, Junagadh, Gujarat, India – 362630
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Nand Welforge 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
Financials of Nand Welforge Limited
FY 2025 filings availableNand Welforge Limited reported revenue of ₹22.12 Lakh (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 2% growth in the latest year. EBITDA rose 20% 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 | ₹11.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.74 Lakh | ||||
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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 | 51.8% | ||||
| Net Profit Margin | 12.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nand Welforge Limited, buy the company report.
Board of directors of Nand Welforge Limited
Nand Welforge has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bachubhai Sukabhai Antroliya | Managing Director | 06 Sep 2004 | 22 Years 2 Months | Current |
| Vibhaben Mayurbhai Antroliya | Director | 24 Feb 2017 | 9 Years 8 Months | Current |
| Mayurbhai Bachubhai Antroliya | Director | 01 Jul 2014 | 12 Years 4 Months | Current |
Peer comparison
Nand Welforge Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R G Traders Pvt Ltd | ₹22.16 Lakh (FY 2019) | -44.0% | Kolkata, West Bengal, India | |||
| Moushiki Real Estate Pvt Ltd | ₹22.15 Lakh (FY 2025) | -87.0% | Kolkata, West Bengal, India | |||
| Purpleorange Products Private Limited | ₹22.15 Lakh (FY 2021) | -48.0% | Bangalore, Karnataka, India | |||
| Srinivaasaaya Infra & Commerce Private Limited | ₹22.12 Lakh (FY 2025) | Barrackpore, West Bengal, India | ||||
| Tapesa Traders Private Limited | ₹22.12 Lakh (FY 2025) | 11.0% | Jogeshwari West, Maharashtra, India | |||
| Nand Welforge Limitedthis company | ₹22.12 Lakh (FY 2025) | ₹2.74 Lakh | 12.4% | 2.0% | Junagadh, Gujarat, India | |
| Nirmal Drugs Pvt Ltd | ₹22.12 Lakh (FY 2025) | 29.0% | Kolkata, West Bengal, India | |||
| Uc Cowork India Private Limited | ₹22.12 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Rama Gums Private Limited | ₹22.12 Lakh (FY 2025) | -8.0% | Deesa, Gujarat, India | |||
| Anchor Holdings Private Limited | ₹22.11 Lakh (FY 2025) | -15.0% | Mumbai, Maharashtra, India | |||
| Trikuta Financial Services Pvt Ltd | ₹22.07 Lakh (FY 2023) | -5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Nand Welforge Limited, buy the company report.
Auditor
Nand Welforge Limited is audited by VAIBHAV DAVADA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VAIBHAV DAVADA & ASSOCIATES | FY 2023 | 167531 |
Shareholding
The shareholding of Nand Welforge Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nand Welforge Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 2010 | 10244797 | Axis Bank Limited | ₹8.1 Cr | Satisfied | |
| 30 Nov 2007 | 10078726 | State Bank of Saurashtra | ₹1.2 Cr | Satisfied | |
| 30 Nov 2007 | 10080423 | State Bank of Saurashtra | ₹1.2 Cr | Satisfied | |
| 17 Mar 2005 | 90111830 | Dena Bank | ₹15 Lakh | Satisfied | |
| 14 Mar 2005 | 90111826 | Dena Bank | ₹15 Lakh | Satisfied |
To see the full charge records of Nand Welforge Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Nand Welforge Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nand Welforge Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nand Welforge has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCN5779L1ZY | Gujarat | Active | 18 Sep 2023 |
To see the full GST registrations and return filing status of Nand Welforge Limited, buy the company report.
Recent activity
Nand Welforge Limited has 11 board changes on record since 2004: 7 appointments and 4 cessations. The latest: Sukabhai Rambhai Antroliya ceased to be Additional Director on 24 Feb 2017.
13 earlier events are in the company report.
Frequently asked questions
Nand Welforge is an active public limited company based in Junagadh, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 November 1991 (35+ years old) and is registered under CIN U27100GJ1991PLC016688.
Nand Welforge has 3 current directors:
- Bachubhai Sukabhai Antroliya - Managing Director
- Vibhaben Mayurbhai Antroliya - Director
- Mayurbhai Bachubhai Antroliya - Director
The latest financial statements of Nand Welforge 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 Nand Welforge is 24AACCN5779L1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Nand Welforge is U27100GJ1991PLC016688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nand Welforge was incorporated on 27 November 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nand Welforge by revenue are R G Traders Pvt Ltd, Moushiki Real Estate Pvt Ltd, Purpleorange Products Private Limited, Srinivaasaaya Infra & Commerce Private Limited, Tapesa Traders Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Sukabhai Rambhai Antroliya ceased to be Additional Director on 24 Feb 2017. Vibhaben Mayurbhai Antroliya was appointed as Director on 24 Feb 2017. Kamlesh Shanti Bhai Muliyasara ceased to be Director on 05 Jul 2014. Nand Welforge has 11 board changes on record in total.
The registered office of Nand Welforge is at Mitadi Road Mayur Ginning Compound Manavaday, Junagadh, Gujarat, India – 362630.
Nand Welforge operates in the real estate and construction industry, in the real estate builders and developers segment.
Nand Welforge has no open charges and satisfied charges of ₹10.8 Cr as per latest MCA filings.
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