Welcast Steels Limited logo

Welcast Steels Limited

Founded in 1972 headquartered in Karnataka, India.

1972 Bangalore, Karnataka (India) Active

About

Basic Data Updated:

1 month ago
Welcast Steels Limited (WSL) was founded in India on 28 February 1972 and has a glorious history of 52 years and three months. Its registered office is in Bangalore, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 504988.

The Company is engaged in the Machinery And Equipment 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 2.00 cr and a paid-up capital of Rs 0.64 cr.

The Corporate currently has active open charges totaling ₹45.00 Lakh. It has already closed loans amounting to ₹14.12 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Welcast Steels Limited India are Vvrmohanarao as Ceo, Viren Thakkar as Cfo, and Satyanarayan Jetheliya as Company Secretary. Bhadresh Shah, Sanjay Majmudar, Debi Dhanuka, and Three other members serve as directors at the Company.

Industry

Company Details

  • Location

    Bangalore, Karnataka, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL27104GJ1972PLC085827
Company No.085827
Stock Symbol BSE : 504988
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date28 Feb 1972
Date of AGM12 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Ahmedabad

Financials of Welcast Steels Limited

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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%.

Corporate Structure

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Unlock access to Welcast Steels'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 Welcast Steels Limited

Executive Team (3)

  • V

    Vvrmohanarao In CEO

    Appointment Date: 28-Jul-2014

    Status: Current

  • VT

    Viren Thakkar In CFO

    Appointment Date: 23-May-2022

    Status: Current

  • SJ

    Satyanarayan Jetheliya In Company Secretary

    Appointment Date: 28-Jul-2014

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹0.45 cr

₹14.12 cr

LenderAmountStatus

First National City Bank

Creation Date: 03 Nov 1972
₹4.50 MOpen

Canara Bank

Creation Date: 12 Nov 2021
₹1.27 CrSatisfied

State Bank Of India

Creation Date: 20 Apr 2005
₹3.85 CrSatisfied

Deals i

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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

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Alert

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Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge registered on 07 Aug 2001 via Charge ID 80042745 with Canara Bank was fully satisfied on 20 Mar 2024.

    20 Mar 2024
  • Activity

    Annual General Meeting

    Welcast Steels Limited last Annual general meeting of members was held on 12 Sep 2023 as per latest MCA records.

    12 Sep 2023
  • Activity

    Balance Sheet

    Welcast Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023
  • Activity

    Charges

    A charge registered on 12 Nov 2021 via Charge ID 100541340 with Canara Bank was fully satisfied on 11 Jan 2023.

    11 Jan 2023
  • Activity

    Charges

    A charge with Canara Bank amounted to Rs. 1.27 cr with Charge ID 100541340 was registered on 12 Nov 2021.

    12 Nov 2021

Frequently asked questions

What is the Incorporation or founding date of Welcast Steels Limited?

Welcast Steels Limited was incorporated 52 years 3 months ago on 28 Feb 1972 with Registrar of Companies Roc Ahmedabad.

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