About
Basic Data Updated:
1 month agoThe Corporate was formerly known as Watertec Systems India Private Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 20.00 cr and a paid-up capital of Rs 18.04 cr.
The Corporate currently has active open charges totaling ₹40.00 cr. It has already closed loans amounting to ₹37.23 cr, as per the Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Watertec (India) Private Limited India is Dhanabal Shanmugavelu as Company Secretary. Anish Saraf, Mathew Job, Ramesh Bantwal, and One other member serve as directors at the Company.
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | U45301TZ1995PTC006237 |
| Company No. | 006237 |
| Company Classification | Private Limited Indian Non-Government Company |
| Incorporation Date | 19 Jun 1995 |
| Date of AGM | 27 Sep 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Coimbatore |
Products or Services related to Watertec (India) Private Limited
Sink Tap
Towel Hanger
Hand Shower
Water Tap
Financials of Watertec (India) Private Limited
Watertec (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.42% increase. The company also saw a substantial improvement in profitability, with a 21.22% increase in profit. The company's net worth moved up by a moderate rise of 5.64%.
Corporate Structure
Unlock access to Watertec (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Watertec (India) Private Limited
Unlock and access historical data on people associated with Watertec (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (1)
DS
Dhanabal Shanmugavelu Company SecretaryAppointment Date: 02-Jan-2017
Status: Current
Board Members(4)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 22 Nov 2020 | ₹10.00 Cr | Open |
Hdfc Bank Limited Creation Date: 27 Jun 2018 | ₹10.00 Cr | Open |
Citi Bank N.A. Creation Date: 30 Mar 2015 | ₹20.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Watertec (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Watertec (India)'s trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alert
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Related Corporates (Common Directorship)
15 years 4 months 
Recent activity within the organization
Annual General Meeting
Watertec (India) Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
27 Sep 2023Director Appointment
Mathew Job was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Jul 2023 & has been associated with this company since 11 months 16 days .
03 Jul 2023Director Appointment
Anish Kumar Saraf was appointed as a Director was appointed as a Director on 22 Jun 2023 & has been associated with this company since 11 months 27 days .
22 Jun 2023Director Appointment
Sandeep Ramesh Kagzi was appointed as a Director was appointed as a Director on 22 Jun 2023 & has been associated with this company since 11 months 27 days .
22 Jun 2023Balance Sheet
Watertec (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
31 Mar 2023
Recent News, Updates & Announcement
Warburg Pincus acquires majority stake in Watertec India a leading polymerbased bath fittings brand.Warburg Pincus 27 Jun 2023
- Small Bathroom Accessories Maker Watertec Acquired by Private Equity Giant Warburg Pincus A Big Win for the Company.
When youre just a small bathroom accessories maker but a big private equity firm wants to buy you out Winning Watertec WarburgPincus.
mint 24 May 2023
- Warburg Pincus Kedaara in talks to acquire Watertec.
Watertec India Pvt Limited was set up in 1997 as a threeway joint venture among Coimbatorebased UMS Group Watertec Malaysia and Sri Lankabased South Asian Investments It is the leader in the plastic bath fittings and accessories market It sells bathroom fittings accessories and sanitaryware across polymer chromeplated and affordable luxury categories.
Economic Times 17 Apr 2023
Frequently asked questions
What is the Incorporation or founding date of Watertec (India) Private Limited?
