Welkin Polymers Private Limited
About Welkin Polymers Private Limited
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Welkin Polymers Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the fabricated metal products segment of the plastics and polymers sector. It was incorporated on 09 April 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U24304RJ1999PTC015536. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.24 Cr. It is led by directors Harshvardhan Baid and Subhag Baid.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 66 A Jhotwara Industrialarea, Jaipur, Rajasthan, India – 302012.
As per the financials filed for FY 2018, the company reported a revenue of ₹3.73 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹6,576 (net margin -1.8%) and EBITDA of ₹72,678 (EBITDA margin 19.5%).
As per MCA filings, the company has open charges of ₹5.56 Cr and satisfied charges of ₹6.77 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Welkin Polymers Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered Address66 A Jhotwara Industrialarea, Jaipur, Rajasthan, India – 302012
- IndustryPlastics, Fabricated Metal Products, Plastic Products, Non-Metallic Mineral Products, Rubber Products
To see the full contact details of Welkin Polymers 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
Business activity
The main business activity of Welkin Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Welkin Polymers Private Limited, buy the company report.
Financials of Welkin Polymers Private Limited
FY 2018 filings availableWelkin Polymers Private Limited reported revenue of ₹3.73 Lakh (down 62% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 62% in the latest year. EBITDA rose 74% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹3.73 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹72,678 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6,576 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 19.5% | |||
| Net Profit Margin | -1.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Welkin Polymers Private Limited, buy the company report.
Board of directors of Welkin Polymers Private Limited
Welkin Polymers has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshvardhan Baid | Director | 24 Sep 2005 | 21 Years 1 Months | Current |
| Subhag Baid | Director | 09 Apr 1999 | 27 Years 6 Months | Current |
Auditor
Welkin Polymers Private Limited is audited by N BHANDARI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N BHANDARI & CO | FY 2018 | 003185C |
Shareholding
The shareholding of Welkin Polymers Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Welkin Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2013 | 10471830 | Others | ₹5.56 Cr | Open | |
| 05 Jan 2012 | 10332885 | Punjab National Bank | ₹88.25 Lakh | Satisfied | |
| 08 Jul 2010 | 10234078 | Punjab National Bank | ₹1.5 Cr | Satisfied | |
| 11 Mar 2006 | 80056686 | Bank of Baroda | ₹39 Lakh | Satisfied | |
| 11 Mar 2006 | 90259337 | Bank of Baroda | ₹15 Lakh | Satisfied |
To see the full charge records of Welkin Polymers Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Welkin Polymers Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CUSTA) | Filed against the company by Commissioner Central Excise | Disposed |
To see the full case history of Welkin Polymers 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 Welkin Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Welkin Polymers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Welkin Polymers Private Limited, buy the company report.
Recent activity
Welkin Polymers Private Limited has 3 board changes on record since 1999: 2 appointments and 1 cessation. The latest: Chandra Shekhar Baid ceased to be Director on 11 Jun 2010.
16 earlier events are in the company report.
Frequently asked questions
Welkin Polymers is an active private limited company based in Jaipur, Rajasthan, India. The company works in fabricated metal products, within the plastics industry. It was incorporated on 09 April 1999 (27+ years old) and is registered under CIN U24304RJ1999PTC015536.
Welkin Polymers has 2 current directors:
- Harshvardhan Baid - Director
- Subhag Baid - Director
The latest financial statements of Welkin Polymers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Welkin Polymers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Welkin Polymers is U24304RJ1999PTC015536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welkin Polymers has 1 court case on record: 1 filed against it.
Welkin Polymers was incorporated on 09 April 1999, making it 27+ years old. It is registered with the Registrar of Companies, Jaipur.
Chandra Shekhar Baid ceased to be Director on 11 Jun 2010. Harshvardhan Baid was appointed as Director on 24 Sep 2005. Subhag Baid was appointed as Director on 09 Apr 1999.
The registered office of Welkin Polymers is at 66 A Jhotwara Industrialarea, Jaipur, Rajasthan, India – 302012.
Welkin Polymers operates in the plastics industry, in the fabricated metal products segment.