Welcast Steels Limited Company Logo

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
Last Updated:

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

  • 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 Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 6.38 M
  • Company Age 53 Year, 8 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

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

NameDesignationAppointment DateStatus
Sanjay Shaileshbhai MajmudarDirector23 May 2007Current
Pradip Rasiklal ShahDirector03 May 1995Current
Rajan Ramkrishna HarivallabhdasDirector02 Sep 2024Current
Bhadresh Kantilal ShahDirector30 Aug 2001Current
Khushali Samip SolankiDirector15 Apr 2015Current
Piyush Balvantlal ShahDirector02 Sep 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director20 Sep 2007Past
Pramod AbcsddCompany Secretary06 Feb 2025Past
Pramod AbcsddAdditional Director20 Sep 2007Past
Pramod AbcsddAdditional Director01 Apr 2015Past
Pramod AbcsddDirector10 Sep 2024Past
Pramod AbcsddCfo(Kmp)-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
  • 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
9.21%
Revenue from Operations
9.24%
Total Assets
7.69%
Profit or Loss
637.28%
Net Worth
8.57%
EBITDA
347358.33%

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 Indicator graph

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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

DateLenderAmountStatus
03 Nov 1972First National City Bank₹4.50 MOpen
12 Nov 2021Canara Bank₹1.27 CrSatisfied
20 Apr 2005State Bank Of India₹3.85 CrSatisfied
07 Aug 2001Canara Bank₹9.00 CrSatisfied

Explore comprehensive loan charge details -

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 growth trends for Welcast Steels Limited

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.

Latest Updates, News, and FAQs on Welcast Steels

Recent Activity within the Organization

  • Annual General Meeting

    Welcast Steels Limited last Annual general meeting of members was held on 10 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • 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 2 months 29 days . was recorded as a recent event.

  • Balance Sheet

    Welcast Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    Progress on 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 9 months 5 days . was documented.

  • 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 2 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 2 months . was documented.

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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