- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0021156

About Welcast India Private Limited
Data last updated:
Welcast India Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 03 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27101WB1997PTC086030. Its GSTIN is 19AAACW5457C1ZA (West Bengal). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.6 Cr. It was formerly known as Welcast Products Private Limited. It is led by directors including Ankit Kejriwal and Saroj Kejriwal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 16 Lansdowne Terrace, Kolkata, West Bengal, India – 700026.
As per the financials filed for FY 2025, the company reported a revenue of ₹99.55 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.1 Cr (net margin 1.1%) and EBITDA of ₹7.32 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 21% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Welcast India. As per MCA filings, the company has open charges of ₹64.95 Cr and satisfied charges of ₹2.5 Cr on record. Court records list 23 cases involving the company, including 7 filed by the company and 16 filed against it; 2 cases are pending. The company has 13 deals on record (5 funding rounds, 5 secondary share transfers, 3 rights issues), with disclosed funding of ₹3.25 Cr; the latest was in April 2023. Its 9 peer companies in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products) are compared by revenue, 5 larger and 4 smaller; the largest is Sarlal Engineering Limited with revenue of ₹102.01 Cr.
Welcast India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0021156). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website welcastindia.com.
Company details
Recognitions & Rankings of Welcast India
Contact details
Welcast India Private Limited's registered office is in Kolkata, West Bengal. Its website is welcastindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address16 Lansdowne Terrace, Kolkata, West Bengal, India – 700026
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Welcast India 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
Welcast India operates one associated brand: Welcast India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of municipal and agricultural castings in India. | welcastindia.com |
Business activity
The main business activity of Welcast India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Welcast India Private Limited, buy the company report.
Financials of Welcast India Private Limited
FY 2024 filings availableWelcast India Private Limited reported revenue of ₹99.55 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 32% growth in the latest year. EBITDA rose 18% 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 | ₹7.32 Cr | ||||
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| Net Profit (PAT) | ₹1.1 Cr | ||||
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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 | 7.4% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Welcast India Private Limited, buy the company report.
Board of directors of Welcast India Private Limited
Welcast India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Kejriwal Also directs: Fuleswar Bags LLP, Welcast Enterprises Private Limited | Director | 30 Jul 2003 | 23 Years 3 Months | Current |
| Saroj Kejriwal Also directs: Sage and Wild Living Private Limited | Director | 12 Jun 2018 | 8 Years 4 Months | Current |
| Ramesh Kumar Kejriwal Also directs: Shree Hanuman Cotton Mills Ltd | Director | 25 Nov 2009 | 16 Years 11 Months | Current |
Peer comparison
Welcast India Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarlal Engineering Limited | ₹102.01 Cr (FY 2025) | 0.0% | Gamharia, Jharkhand, India | |||
| Tyche Diecast Private Limited | ₹101.92 Cr (FY 2025) | 19.0% | Hyderabad, Telangana, India | |||
| Eefco Metals & Powders Private Limited. | ₹101.28 Cr (FY 2025) | -1.0% | Kolkta, West Bengal, India | |||
| Star Pipe Products (India) Private Limited | ₹100.14 Cr (FY 2025) | 42.0% | Kolkata, West Bengal, India | |||
| Belgaum Ferro Cast (India) Private Limited | ₹99.63 Cr (FY 2025) | 12.0% | Belgaum, Karnataka, India | |||
| Welcast India Private Limitedthis company | ₹99.55 Cr (FY 2025) | ₹1.1 Cr | 1.1% | 32.0% | 2 | Kolkata, West Bengal, India |
| Castamet Works Private Limited | ₹99.18 Cr (FY 2025) | 9.0% | Masuda, Rajasthan, India | |||
| Hi-Tech Investment Castings Private Limited | ₹98.98 Cr (FY 2025) | 19.0% | Sihor, Gujarat, India | |||
| Magna Casting and Machine Works Private Limited | ₹97.36 Cr (FY 2024) | 292.0% | Pune, Maharashtra, India | |||
| Asansol Steel Castings Pvt Ltd | ₹96.31 Cr (FY 2025) | 16.0% | Howrah, West Bengal, India |
To see the full peer comparison of Welcast India Private Limited, buy the company report.
Auditor
Welcast India Private Limited is audited by Jain Sarawgee & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jain Sarawgee & Co. | FY 2023 | 306087E |
Shareholding
The shareholding of Welcast India Private 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Welcast India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2024 | 100883471 | Sidbi | ₹4.21 Cr | Open | |
| 24 Aug 2022 | 100604577 | Others | ₹5 Cr | Open | |
| 20 Dec 2021 | 100523411 | Others | ₹2.95 Cr | Open | |
| 09 Dec 2020 | 100399188 | Others | ₹35 Lakh | Open | |
| 16 Sep 2020 | 100377887 | Others | ₹4.37 Cr | Open |
To see the full charge records of Welcast India Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Welcast India Private Limited has 13 deals on record (5 funding rounds, 5 secondary share transfers, 3 rights issues), with disclosed funding of ₹3.25 Cr; the latest was in April 2023.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Rights issue | ₹2.5 Cr | Investors: Ramesh Kumar Kejriwal HUF, 3 individuals |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Olympus Advisory Services Private Limited |
| Mar 2011 | Funding round | ₹88.7 Lakh | Investors: Olympus Advisory Services Private Limited , 3 individuals |
| Mar 2009 | Funding round | ₹50 Lakh | Investors: Olympus Advisory Services Private Limited , Sthirlakshmi Mercantile Pvt Ltd , Ramesh Kumar Kejriwal HUF |
| Jun 2008 | Secondary share transfer | Undisclosed | Buyer: Olympus Advisory Services Private Limited Seller: Sthirlakshmi Mercantile Pvt Ltd |
To see the full deal history of Welcast India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Welcast India Private Limited has 23 court cases on record: 7 filed by Welcast India, 16 filed against it. 2 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 12 | 1 |
| High courts | 4 | 0 | 0 |
| Supreme Court | 4 | 4 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Icici Bank Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by JPK Metallics Pvt.Ltd. | Disposed |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed against the company by Kotak Mahindra Bank Ltd. | Disposed |
| High Court | Company petition | Filed by the company against In the Matter of Kotak Mahindra Bank Limited | Disposed |
| Supreme Court | Court case (0904-Civil Law : Transfer of Property Act, 1882 and Specific Relief Act, 1963 – matters arising out of suit for specific performance, declaration, injunction, possession or cancellation of deeds/documents) | Filed against the company by individuals | Pending |
To see the full case history of Welcast India 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.
Credit ratings & regulatory alerts
Welcast India Private Limited was last rated by Indiarating on 06 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 06 Nov 2019 |
To see the full credit ratings and regulatory alerts of Welcast India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Welcast India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Welcast India Private Limited has a workforce of 2 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Welcast India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACW5457C1ZA | West Bengal | Active | 01 Jul 2017 |
| 19AAACW5457C1DJ | West Bengal | Active | 16 Jan 2025 |
To see the full GST registrations and return filing status of Welcast India Private Limited, buy the company report.
Recent activity
Welcast India Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Saroj Kejriwal was appointed as Director on 12 Jun 2018.
10 earlier events are in the company report.
Frequently asked questions
Welcast India is an active private limited company based in Kolkata, West Bengal, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 03 December 1997 (29+ years old) and is registered under CIN U27101WB1997PTC086030.
Welcast India has 3 current directors:
- Ankit Kejriwal - Director
- Saroj Kejriwal - Director
- Ramesh Kumar Kejriwal - Director
The latest financial statements of Welcast India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Welcast India is 19AAACW5457C1ZA, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAACW5457C1DJ (West Bengal).
The CIN (Corporate Identification Number) of Welcast India is U27101WB1997PTC086030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welcast India has 23 court cases on record: 7 filed by the company and 16 filed against it. 2 are pending. Most are in the district courts.
Welcast India was incorporated on 03 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kolkata.
Welcast India has 13 deals on record (5 funding rounds, 5 secondary share transfers, 3 rights issues), with disclosed funding of ₹3.25 Cr; the latest was in April 2023.
The peers of Welcast India by revenue are Sarlal Engineering Limited, Tyche Diecast Private Limited, Eefco Metals & Powders Private Limited, Star Pipe Products (India) Private Limited, Belgaum Ferro Cast (India) Private Limited and 4 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Saroj Kejriwal was appointed as Director on 12 Jun 2018. Saroj Kejriwal ceased to be Director on 25 Sep 2017. Ramesh Kumar Kejriwal was appointed as Director on 25 Nov 2009. Welcast India has 4 board changes on record in total.
Yes, Welcast India is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0021156).

