Welflex Polymer Private Limited - Company Profile

It is a manufacturing private limited company based in Bangalore, Karnataka, India, established in 1978.
1978 Bangalore, Karnataka, India Active
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About Welflex Polymer Private Limited

Welflex Polymer Private Limited, a active private limited company, was established on 17 May 1978 in Bangalore, Karnataka, India. Engaging in rubber-based products within the manufacturing sector, it holds CIN: U25190KA1978PTC003315. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.77 M.

It upholds a compliant status. Employing 13 professional, Its leadership includes Pratima Santhosh Shetty (Director), Santhosh Mahabala Shetty (Director). Past directors included Punaryur Varadaraja Acharya, Latha Varadaraja Acharya, Manorama Krishnananda Chowta. It holds ₹65.68 Cr open charges and ₹7.80 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.26 E, 11 Phase Peenya,Indl. Area, Bangalore, Bangalore, Karnataka, 560058.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U25190KA1978PTC003315

  • Registration Number

    003315

  • Incorporation Date

    17 May 1978

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.77 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.77 M
  • Company Age 47 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 65.68 Cr
  • Satisfied Charges ₹ 7.80 Cr
  • Revenue Growth **** -29.37%
  • Profit Growth **** 23.46%
  • Ebitda **** 14.94%
  • Net Worth -559.11%
  • Total Assets -29.48%
Company report

Welflex Polymer Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Welflex Polymer 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 Welflex Polymer Private Limited?
Current Directors
Name Designation Appointment Date Status
Pratima Santhosh Shetty Director 12 Aug 2009 Current
Santhosh Mahabala Shetty Director 08 May 2008 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 30 Dec 2009 Past
Pramod Abcsdd Director 16 Aug 2008 Past
Pramod Abcsdd Director 16 Aug 2008 Past
Pramod Abcsdd Director 30 Dec 2009 Past
Pramod Abcsdd Director 16 Aug 2008 Past

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Financial Performance of Welflex Polymer.

Welflex Polymer Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 29.37% decrease. The company also saw a substantial improvement in profitability, with a 23.46% increase in profit. The company's net worth observed a substantial decline by a decrease of 559.11%.

Welflex Polymer revenue growth over time
Welflex Polymer 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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 -29.37%
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Revenue from Operations
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Total Assets
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 -29.48%
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Profit or Loss
*******
 23.46%
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Net Worth
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 -559.11%
*******
*******
*******
*******
EBITDA
*******
 14.94%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Welflex Polymer?

In 2022, Welflex Polymer had a promoter holding of 100.00%. 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

₹656,809,610.00

Satisfied Charges

₹78,040,000.00

Charges Breakdown by Lending Institutions
  • Others : 45.13 Cr
  • Indian Bank : 20.00 Cr
  • Syndicate Bank : 0.52 Cr
  • Karnataka State Financial Corporation : 0.03 Cr
  • Citi Bank : 0.01 Cr
Latest Charge Details
Date Lender Amount Status
16 May 2024 Others ₹30.00 Cr Open
30 Sep 2021 Indian Bank ₹20.00 Cr Open
20 Nov 2012 Others ₹15.13 Cr Open
18 May 1995 Syndicate Bank ₹4.91 M Open
30 Jun 1989 Syndicate Bank ₹0.15 M Open

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How Many Employees Work at Welflex Polymer?

Welflex Polymer has a workforce of 13 employees as of Apr 09, 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 Welflex Polymer, 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 Welflex Polymer'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 Welflex Polymer
Recent Activity within the Organization
  • Annual General Meeting

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

  • Charges

    Progress on A charge with Others amounted to Rs. 300.00 M with Charge ID 100920942 was registered on 16 May 2024. was documented.

  • Balance Sheet

    The activity Welflex Polymer Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    A charge with Indian Bank of Rs. 200.00 M registered on 30 Sep 2021 with Charge ID 100492540 was modified on 16 Jan 2023. was recorded as a recent event.

  • Charges

    The activity A charge with Others of Rs. 151.30 M registered on 20 Nov 2012 with Charge ID 10392387 was modified on 18 Oct 2021. was completed.

  • Charges

    Progress on A charge with Indian Bank amounted to Rs. 200.00 M with Charge ID 100492540 was registered on 30 Sep 2021. was documented.

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Frequently Asked Questions
What is the CIN of Welflex Polymer Private Limited?

The CIN of Welflex Polymer Private Limited is U25190KA1978PTC003315.

Where is Welflex Polymer Private Limited headquartered?

Welflex Polymer Private Limited is headquartered at No.26 E, 11 Phase Peenya,Indl. Area, Bangalore, Bangalore, Karnataka, 560058.

When was Welflex Polymer Private Limited incorporated?

Welflex Polymer Private Limited was incorporated on 17 May 1978.

Who are the current directors of Welflex Polymer Private Limited?

The current directors of Welflex Polymer Private Limited are

What is the primary industry of Welflex Polymer Private Limited?

The primary industry of Welflex Polymer Private Limited is Manufacturing.

Is Welflex Polymer Private Limited a listed company?

Welflex Polymer Private Limited is unlisted.

What is the capital structure of Welflex Polymer Private Limited?

The authorized capital of Welflex Polymer Private Limited is ₹1.00 M, and the paid-up capital is ₹0.77 M.

What is the compliance status of Welflex Polymer Private Limited?

The compliance status of Welflex Polymer Private Limited is Compliant.

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