Watertec (India) Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 18.04 Cr
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 40.00 Cr
- Satisfied Charges ₹ 37.23 Cr
- Revenue Growth 20.42%
- Profit Growth 21.22%
- Ebitda 13.38%
- Net Worth 5.64%
- Total Assets 9.57%
About Watertec (India)
Watertec (India) Private Limited (WIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 June 1995 and has a history of 29 years and nine months. Its registered office is in Coimbatore, Tamil Nadu, India.
The 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 2024. 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 company currently has active open charges totaling ₹40.00 Cr. The company has closed loans amounting to ₹37.23 Cr, as per 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, and Sandeep Kagzi serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U45301TZ1995PTC006237
- Company No.
006237
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jun 1995
- Date of AGM
19 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
What products or services does Watertec (India) Private Limited offer?
Watertec (India) Private Limited offers a wide range of products and services, including Pillar Cock, Sink Tap, Bathroom Accessories, Towel Hanger, Bathroom Showers, Hand Shower, Faucets, Water Tap, Mixer Tap, Wall Mixers.
Who are the key members and board of directors at Watertec (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dhanabal Shanmugavelu | Company Secretary | 02-Jan-2017 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anish Saraf  | Director | 22-Jun-2023 | Current |
| Mathew Job | Whole-Time Director | 03-Jul-2023 | Current |
| Sandeep Kagzi | Director | 22-Jun-2023 | Current |
Financial Performance of Watertec (India).
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Watertec (India)?
In 2022, Watertec (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kalyan Jewellers India LimitedAnish Saraf is a mutual person
Prl Developers Private LimitedAnish Saraf is a mutual person
Indiafirst Life Insurance Company LimitedSandeep Kagzi is a mutual person
Parksons Packaging LimitedAnish Saraf is a mutual person
Imagine Marketing LimitedAnish Saraf is a mutual person
Warburg Pincus India Private LimitedAnish Saraf and Sandeep Kagzi are mutual person
Charges (Loans)
Open Charges
₹40.00 Cr
Satisfied Charges
₹37.23 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 20.00 Cr
- Hdfc Bank Limited : 10.00 Cr
- Others : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Nov 2020 | Others | ₹10.00 Cr | Open |
| 27 Jun 2018 | Hdfc Bank Limited | ₹10.00 Cr | Open |
| 30 Mar 2015 | Citi Bank N.A. | ₹20.00 Cr | Open |
| 16 Aug 2018 | Others | ₹10.00 Cr | Satisfied |
| 30 Mar 2004 | The Federal Bank Limited | ₹26.00 Cr | Satisfied |
How Many Employees Work at Watertec (India)?
Watertec (India) has a workforce of 1001 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
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.
Alerts
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.
Latest Updates, News, and FAQs on Watertec (India)
Recent activity within the organization
- Annual General Meeting
Watertec (India) Private Limited last Annual general meeting of members was held on 19 Aug 2024 as per latest MCA records.
- Balance Sheet
Watertec (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Director 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 1 year 8 months .
- Director 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 1 year 9 months .
- Director 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 1 year 9 months .
- Charges
A charge with Hdfc Bank Limited of Rs. 10.00 Cr registered on 27 Jun 2018 with Charge ID 100197086 was modified on 09 Apr 2021.
Recent News, Updates & Announcement
- "Small Bathroom Accessories Maker, Watertec, Acquired by Private Equity Giant Warburg Pincus - A Big Win for the Company!".
When you're just a small bathroom accessories maker but a big private equity firm wants to buy you out. #Winning #Watertec #WarburgPincus.
- Warburg Pincus, Kedaara in talks to acquire Watertec.
Watertec (India) Pvt Limited was set up in 1997 as a three-way joint venture among Coimbatore-based UMS Group, Watertec Malaysia and Sri Lanka-based South Asian Investments. It is the leader in the plastic bath fittings and accessories market. It sells bathroom fittings, accessories and sanitaryware across polymer, chrome-plated, and affordable luxury categories..
Frequently asked questions
What is the Incorporation or founding date of Watertec (India) Private Limited?
Watertec (India) Private Limited was incorporated on 19 Jun 1995.
What is authorized share capital and paid-up capital of Watertec (India) Private Limited?
The authorized share capital of Watertec (India) Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 18.04 Cr.
Who are the current board members & directors of Watertec (India) Private Limited?
Currently 4 directors are associated with Watertec (India) Private Limited.
- Anish Kumar Saraf
- Mathew Job
- Sandeep Ramesh Kagzi
- Dhanabal Shanmugavelu
What is the registered address of Watertec (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Watertec (India) Private Limited is 10/60C Sengoda Goundan Pudur Muthu Post Sulur Road India, Palladam, Tamil Nadu, 641402.
What is the corporate identification number (CIN) and company number of Watertec (India) Private Limited?
The corporate identification number (CIN) of Watertec (India) Private Limited is U45301TZ1995PTC006237 and the company number is 006237 as per Ministry of Corporate Affairs (MCA).
What is the official website of Watertec (India) Private Limited?
The Official website of Watertec (India) Private Limited is https://www.watertecindia.com
What has been the recent revenue trend for Watertec (India) Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Watertec (India) Private Limited has risen by 20.42%.
How many employees does Watertec (India) Private Limited currently have?
As Per 2022 financial reports, 1001 employees are currently employed by Watertec (India) Private Limited.
What change has been observed in the net worth of Watertec (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Watertec (India) Private Limited has experienced an upsurge of 5.64%.
What are the total open charges for Watertec (India) Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Watertec (India) Private Limited amount to ₹ 40.00 Cr.
When was the last Balance Sheet of Watertec (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Watertec (India) Private Limited was filed with the ROC on 31 Mar 2024.
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