Welcast Steels Limited - Company Profile

It is a machinery and equipment public limited company based in Ahmedabad, Gujarat, India, established in 1972.
1972 Ahmedabad, Gujarat, India Active
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About Welcast Steels Limited

Welcast Steels Limited, a active public limited company, was established on 28 February 1972 in Ahmedabad, Gujarat, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: L27104GJ1972PLC085827. Registered under ROC Roc Ahmedabad. it is listed on BSE: 504988. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹6.38 M.

It upholds a compliant status. In 2023, it reported revenue of ₹94.67 Cr and a net worth of ₹35.31 Cr. Employing 136 professional, Its leadership includes Sanjay Shaileshbhai Majmudar (Director), Pradip Rasiklal Shah (Director), Rajan Ramkrishna Harivallabhdas (Director). Past directors included Rajendra Shantilal Shah, Satyanarayan Chhogalal Jetheliya, Sanjay Shaileshbhai Majmudar. It holds ₹4.50 M open charges and ₹14.12 Cr settled loans. Its latest AGM occurred on 10 September 2025, with the balance sheet filed on 31 March 2025. It is based at 115-116, G.V.M.M. Estate, Odhav Road, Odhav,, Ahmedabad, Gujarat, 382415.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L27104GJ1972PLC085827

  • Registration Number

    085827

  • Incorporation Date

    28 February 1972

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹6.38 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Listed (BSE: 504988)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 6.38 M
  • Company Age 53 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 4.50 M
  • Satisfied Charges ₹ 14.12 Cr
  • Revenue Growth **** 9.21%
  • Profit Growth **** 637.28%
  • Ebitda **** 347358.33%
  • Net Worth 8.57%
  • Total Assets **** 7.69%
Company report

Welcast Steels Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Welcast Steels Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Welcast Steels Limited?
Current Directors
Name Designation Appointment Date Status
Sanjay Shaileshbhai Majmudar Director 23 May 2007 Current
Pradip Rasiklal Shah Director 03 May 1995 Current
Rajan Ramkrishna Harivallabhdas Director 02 Sep 2024 Current
Bhadresh Kantilal Shah Director 30 Aug 2001 Current
Khushali Samip Solanki Director 15 Apr 2015 Current
Viren Kantilal Thakkar Cfo 23 May 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 20 Sep 2007 Past
Pramod Abcsdd Company Secretary 06 Feb 2025 Past
Pramod Abcsdd Additional Director 20 Sep 2007 Past
Pramod Abcsdd Additional Director 01 Apr 2015 Past
Pramod Abcsdd Director 10 Sep 2024 Past
Pramod Abcsdd Ceo 31 Jul 2025 Past

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Financial Performance of Welcast Steels.

Welcast Steels Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.21% increase. The company also saw a substantial improvement in profitability, with a 637.28% increase in profit. The company's net worth moved up by a moderate rise of 8.57%.

Welcast Steels revenue growth over time
Welcast Steels profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 9.21%
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Revenue from Operations
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 9.24%
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*******
Total Assets
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 7.69%
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*******
*******
*******
Profit or Loss
*******
 637.28%
*******
*******
*******
*******
Net Worth
*******
 8.57%
*******
*******
*******
*******
EBITDA
*******
 347358.33%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Welcast Steels?

In 2023, Welcast Steels had a promoter holding of 74.85% and a public holding of 25.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹4,500,000.00

Satisfied Charges

₹141,200,000.00

Charges Breakdown by Lending Institutions
  • First National City Bank : 0.45 Cr
Latest Charge Details
Date Lender Amount Status
03 Nov 1972 First National City Bank ₹4.50 M Open
12 Nov 2021 Canara Bank ₹1.27 Cr Satisfied
20 Apr 2005 State Bank Of India ₹3.85 Cr Satisfied
07 Aug 2001 Canara Bank ₹9.00 Cr Satisfied

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How Many Employees Work at Welcast Steels?

Welcast Steels has a workforce of 136 employees as of Mar 28, 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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Welcast Steels, 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 Welcast Steels's trajectory.

Rating
Graph displaying rating trends over time

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
Alert Indicator

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.

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Latest Updates, News, and FAQs on Welcast Steels
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Welcast Steels Limited last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    Maikkappa Devar Gangadurai was appointed as a Ceo was appointed as a Ceo on 28 Aug 2025 & has been associated with this company since 5 months 20 days . was recorded as a recent event.

  • Balance Sheet

    Progress on Welcast Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Director Appointment

    Paresh Mukundray Shukla was appointed as a Company Secretary was appointed as a Company Secretary on 19 Feb 2025 & has been associated with this company since 11 months 27 days . was recorded as a recent event.

  • Director Appointment

    Rajan Ramkrishna Harivallabhdas was appointed as a Director was appointed as a Director on 02 Sep 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.

  • Director Appointment

    Progress on Piyush Balvantlal Shah was appointed as a Director was appointed as a Director on 02 Sep 2024 & has been associated with this company since 1 year 5 months . was documented.

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Frequently Asked Questions
What is the CIN of Welcast Steels Limited?

The CIN of Welcast Steels Limited is L27104GJ1972PLC085827.

Where is Welcast Steels Limited headquartered?

Welcast Steels Limited is headquartered at 115-116, G.V.M.M. Estate, Odhav Road, Odhav,, Ahmedabad, Gujarat, 382415.

When was Welcast Steels Limited incorporated?

Welcast Steels Limited was incorporated on 28 February 1972.

Who are the current directors of Welcast Steels Limited?

The current directors of Welcast Steels Limited are

What is the primary industry of Welcast Steels Limited?

The primary industry of Welcast Steels Limited is Manufacturing.

Is Welcast Steels Limited a listed company?

Welcast Steels Limited is listed. It is listed on BSE: 504988.

What is the capital structure of Welcast Steels Limited?

The authorized capital of Welcast Steels Limited is ₹2.00 Cr, and the paid-up capital is ₹6.38 M.

What is the compliance status of Welcast Steels Limited?

The compliance status of Welcast Steels Limited is Compliant.

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