About Seal-Wings Sealing Technology Private Limited
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Seal-Wings Sealing Technology Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 18 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29253PN2013PTC148160. Its GSTIN is 27AATCS3698G1ZJ (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Praful Kishor Watharkar and Sulekha Kishor Watharkar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at S Block J 53 Indrayaninagar Road MIDC Bhosari, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.34 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹7.75 Lakh (net margin 3.3%) and EBITDA of ₹7.75 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 179% over five years.
The company is associated with 1 brand: Seal-Wings. As per MCA filings, the company has open charges of ₹13.73 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 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 seal-wings.com.
Company details
Contact details
Seal-Wings Sealing Technology Private Limited's registered office is in Pune, Maharashtra. Its website is seal-wings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS Block J 53 Indrayaninagar Road MIDC Bhosari, Pune, Maharashtra, India – 411026
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Seal-Wings Sealing Technology 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
Brands
Seal-Wings Sealing Technology operates one associated brand: Seal-Wings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of seals, materials, and hydraulic services in the industrial sector. | seal-wings.com |
Business activity
The main business activity of Seal-Wings Sealing Technology is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Seal-Wings Sealing Technology Private Limited, buy the company report.
Financials of Seal-Wings Sealing Technology Private Limited
FY 2019 filings availableSeal-Wings Sealing Technology Private Limited reported revenue of ₹2.34 Cr (up 36% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 179% over five years, including 36% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.34 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹7.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.75 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 3.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Seal-Wings Sealing Technology Private Limited, buy the company report.
Board of directors of Seal-Wings Sealing Technology Private Limited
Seal-Wings Sealing Technology has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praful Kishor Watharkar | Additional Director | 09 Oct 2018 | 8 Years 0 Months | Current |
| Sulekha Kishor Watharkar | Additional Director | 27 Nov 2013 | 12 Years 11 Months | Current |
Auditor
Seal-Wings Sealing Technology Private Limited is audited by P R A S S & ASSOCIATES LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R A S S & ASSOCIATES LLP | FY 2019 | 107816W |
Shareholding
The shareholding of Seal-Wings Sealing Technology Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | 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 Seal-Wings Sealing Technology Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2018 | 100236618 | Others | ₹13.73 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Seal-Wings Sealing Technology Private Limited has 2 court cases on record: 1 filed by Seal-Wings Sealing Technology, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by M S Global Transportation Services Pvt Ltd Through Its Ms Shraddha Ashok Chavan | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Bharat Oil Seals and Rubber Solutions Through Prop. Shailesh Nanaware | Pending |
To see the full case history of Seal-Wings Sealing Technology 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 Seal-Wings Sealing Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Seal-Wings Sealing Technology has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCS3698G1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 29AATCS3698G1ZF | Karnataka | Active | 09 Jan 2018 |
To see the full GST registrations and return filing status of Seal-Wings Sealing Technology Private Limited, buy the company report.
Recent activity
Seal-Wings Sealing Technology Private Limited has 6 board changes on record since 2013: 4 appointments and 2 cessations. The latest: Kishor Mahadev Kamble ceased to be Director on 09 Oct 2018.
Frequently asked questions
Seal-Wings Sealing Technology is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 18 July 2013 (13+ years old) and is registered under CIN U29253PN2013PTC148160.
Seal-Wings Sealing Technology has 2 current directors:
- Praful Kishor Watharkar - Additional Director
- Sulekha Kishor Watharkar - Additional Director
The latest financial statements of Seal-Wings Sealing Technology on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Seal-Wings Sealing Technology is 27AATCS3698G1ZJ, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AATCS3698G1ZF (Karnataka).
The CIN (Corporate Identification Number) of Seal-Wings Sealing Technology is U29253PN2013PTC148160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seal-Wings Sealing Technology has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending.
Seal-Wings Sealing Technology was incorporated on 18 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
Kishor Mahadev Kamble ceased to be Director on 09 Oct 2018. Praful Kishor Watharkar was appointed as Additional Director on 09 Oct 2018. Sulekha Kishor Watharkar was appointed as Additional Director on 27 Nov 2013. Seal-Wings Sealing Technology has 6 board changes on record in total.
Seal-Wings Sealing Technology can be reached through the website seal-wings.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Seal-Wings Sealing Technology is at S Block J 53 Indrayaninagar Road MIDC Bhosari, Pune, Maharashtra, India – 411026.
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