- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0116906

About Welflex Polymer Industries Private Limited
Data last updated:
Welflex Polymer Industries Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 18 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA2019PTC121560. Its GSTIN is 29AACCW3753B1ZE (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shivakumar Lingaiah and Chetan Kumar Shivakumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No A – 315 7th Main Road 2nd Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.59 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹9.36 Lakh (net margin 3.6%) and EBITDA of ₹23.45 Lakh (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 6% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Welflex Polymers Industries. As per MCA filings, the company has open charges of ₹2.4 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Welflex Polymer Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0116906). For more details, the company can be reached via its website welflexpolymer.com.
Company details
Recognitions & Rankings of Welflex Polymer Industries
Contact details
Welflex Polymer Industries Private Limited's registered office is in Bangalore, Karnataka. Its website is welflexpolymer.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo A – 315 7th Main Road 2nd Stage Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryManufacturing, Rubber-Based Products
To see the full contact details of Welflex Polymer Industries 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
Welflex Polymer Industries operates one associated brand: Welflex Polymers Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of intricate shaped rubber extrusions and molded parts for multiple industries. | welflexpolymer.com |
Business activity
The main business activity of Welflex Polymer Industries is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of Welflex Polymer Industries Private Limited, buy the company report.
Financials of Welflex Polymer Industries Private Limited
FY 2025 filings availableWelflex Polymer Industries Private Limited reported revenue of ₹2.59 Cr (down 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 13% 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 | ₹23.45 Lakh | ||||
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| Net Profit (PAT) | ₹9.36 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Welflex Polymer Industries Private Limited, buy the company report.
Board of directors of Welflex Polymer Industries Private Limited
Welflex Polymer Industries has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivakumar Lingaiah | Director | 12 Aug 2019 | 7 Years 2 Months | Current |
| Chetan Kumar Shivakumar | Director | 12 Aug 2019 | 7 Years 2 Months | Current |
Auditor
Welflex Polymer Industries Private Limited is audited by BVC & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BVC & CO | FY 2023 | 008154S |
Shareholding
The shareholding of Welflex Polymer Industries Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Welflex Polymer Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Apr 2025 | 101075918 | State Bank of India | ₹2.4 Cr | Open |
To see the full charge records of Welflex Polymer Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Welflex Polymer Industries Private Limited has 1 court case on record: 1 filed by Welflex Polymer Industries. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Veera Vahana Udyog Pvt Ltd | Disposed |
To see the full case history of Welflex Polymer Industries 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Welflex Polymer Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Welflex Polymer Industries Private Limited has a workforce of 11 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Welflex Polymer Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCW3753B1ZE | Karnataka | Active | 18 Mar 2019 |
To see the full GST registrations and return filing status of Welflex Polymer Industries Private Limited, buy the company report.
Recent activity
Welflex Polymer Industries Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Santhosh Mahabala Shetty ceased to be Director on 02 Jan 2020.
Frequently asked questions
Welflex Polymer Industries is an active private limited company based in Bangalore, Karnataka, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 18 February 2019 (7+ years old) and is registered under CIN U25209KA2019PTC121560.
Welflex Polymer Industries has 2 current directors:
- Shivakumar Lingaiah - Director
- Chetan Kumar Shivakumar - Director
The latest financial statements of Welflex Polymer Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Welflex Polymer Industries is 29AACCW3753B1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Welflex Polymer Industries is U25209KA2019PTC121560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welflex Polymer Industries has 1 court case on record: 1 filed by the company.
Welflex Polymer Industries was incorporated on 18 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Santhosh Mahabala Shetty ceased to be Director on 02 Jan 2020. Chetan Kumar Shivakumar was appointed as Director on 12 Aug 2019. Pratima Santhosh Shetty ceased to be Director on 12 Aug 2019. Welflex Polymer Industries has 4 board changes on record in total.
Yes, Welflex Polymer Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0116906).
Welflex Polymer Industries can be reached through the website welflexpolymer.com. Its registered office is in Bangalore, Karnataka, India.

