Weldfast Electrodes Private Limited Company Logo

Weldfast Electrodes Private Limited - Company Profile

It is a manufacturing private limited company based in Nagpur, Maharashtra, India, established in 1998.

1998 | Nagpur, Maharashtra, India | Active
Last Updated:

About Weldfast Electrodes Private Limited

Weldfast Electrodes Private Limited, a active private limited company, was established on 21 December 1998 in Nagpur, Maharashtra, India. Engaging in power cables within the manufacturing sector, it holds CIN: U27104MH1998PTC117549. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹12.00 Cr and a paid-up capital of ₹9.32 Cr.

It upholds a compliant status. Employing 194 professional, Its leadership includes Shantanu Sudhir Soman (Whole-Time Director), Shaunak Soman Sudhir (Director), Sudhir Vasant Soman (Additional Director). Past directors included Sushama Subhash Paranjpe, Manjushree Sudhir Soman, Shantanu Sudhir Soman. It holds ₹11.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at D 57,58, & 59 Hingna Industrial Estate Midc, Nagpur, Maharashtra, 440016.

Company Details

  • CIN/LLPIN

    U27104MH1998PTC117549

  • Registration Number

    117549

  • Incorporation Date

    21 December 1998

  • Authorized Capital

    ₹12.00 Cr

  • Paid-Up Capital

    ₹9.32 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 9.32 Cr
  • Company Age 26 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.00 Cr
  • Revenue Growth 39.34%
  • Profit Growth 86.84%
  • Ebitda 27.73%
  • Net Worth 21.68%
  • Total Assets 14.29%
Company report

Weldfast Electrodes Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Weldfast Electrodes Private 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 Weldfast Electrodes Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Shantanu Sudhir SomanWhole-Time Director15 Nov 2014Current
Shaunak Soman SudhirDirector21 Aug 2023Current
Sudhir Vasant SomanAdditional Director11 Nov 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector15 Nov 2014Past
Pramod AbcsddDirector19 Sep 2019Past
Pramod AbcsddDirector19 Sep 2019Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddDirector27 Jan 2017Past
Pramod AbcsddDirector30 Aug 2021Past

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Financial Performance of Weldfast Electrodes.

Weldfast Electrodes Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.34% increase. The company also saw a substantial improvement in profitability, with a 86.84% increase in profit. The company's net worth Soared by an impressive increase of 21.68%.

Weldfast Electrodes revenue growth over time
Weldfast Electrodes 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
39.34%
Revenue from Operations
38.09%
Total Assets
14.29%
Profit or Loss
86.84%
Net Worth
21.68%
EBITDA
27.73%

What is the Ownership and Shareholding Structure of Weldfast Electrodes?

In 2023, Weldfast Electrodes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹110,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 10.00 Cr
  • State Bank Of India : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Aug 2022Others₹10.00 CrOpen
23 Nov 2015State Bank Of India₹1.00 CrOpen

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How Many Employees Work at Weldfast Electrodes?

Weldfast Electrodes has a workforce of 194 employees as of Mar 31, 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 Weldfast Electrodes Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Weldfast Electrodes, 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 Weldfast Electrodes'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

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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 Weldfast Electrodes

Recent Activity within the Organization

  • Director Appointment

    Sudhir Vasant Soman was appointed as a Additional Director was appointed as a Additional Director on 11 Nov 2024 & has been associated with this company since 1 year 16 days . was recorded as a recent event.

  • Annual General Meeting

    The activity Weldfast Electrodes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Weldfast Electrodes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge with State Bank Of India of Rs. 1.00 Cr registered on 23 Nov 2015 with Charge ID 100037383 was modified on 11 Sep 2023. was documented.

  • Director Appointment

    The activity Shaunak Soman Sudhir was appointed as a Director was appointed as a Director on 21 Aug 2023 & has been associated with this company since 2 years 3 months . was completed.

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 17 Aug 2022 with Charge ID 100607255 was modified on 29 Aug 2022. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Weldfast Electrodes Private Limited?

    The CIN of Weldfast Electrodes Private Limited is U27104MH1998PTC117549.

  • Where is Weldfast Electrodes Private Limited headquartered?

    Weldfast Electrodes Private Limited is headquartered at D 57,58, & 59 Hingna Industrial Estate Midc, Nagpur, Maharashtra, 440016.

  • When was Weldfast Electrodes Private Limited incorporated?

    Weldfast Electrodes Private Limited was incorporated on 21 December 1998.

  • Who are the current directors of Weldfast Electrodes Private Limited?

    The current directors of Weldfast Electrodes Private Limited are

  • What is the primary industry of Weldfast Electrodes Private Limited?

    The primary industry of Weldfast Electrodes Private Limited is Manufacturing.

  • Is Weldfast Electrodes Private Limited a listed company?

    Weldfast Electrodes Private Limited is unlisted.

  • What is the capital structure of Weldfast Electrodes Private Limited?

    The authorized capital of Weldfast Electrodes Private Limited is ₹12.00 Cr, and the paid-up capital is ₹9.32 Cr.

  • What is the compliance status of Weldfast Electrodes Private Limited?

    The compliance status of Weldfast Electrodes Private Limited is Compliant.

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