About Welpac Products and Systems Private Limited
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Welpac Products and Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the commercial printing services segment of the media and publishing sector. It was incorporated on 12 August 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U02422KA1980PTC035355. Its GSTIN is 29AAACW2074R1ZN (Karnataka).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹17 Lakh. It is led by directors Mayoor Kantilal Kurva (Managing Director) and Krish Mayoor Kurva.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.99 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹13.15 Lakh (net margin -6.6%) and EBITDA of -₹4.75 Lakh (EBITDA margin -2.4%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹11 Lakh and satisfied charges of ₹3.59 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website welpac.com.
Company details
CIN history
Welpac Products and Systems has one previous CIN (Corporate Identification Number): U02422KA2004PTC035355. The current CIN is U02422KA1980PTC035355, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U02422KA1980PTC035355 | Current |
| U02422KA2004PTC035355 | Previous |
Contact details
Welpac Products and Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is welpac.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address31 Venkatreddy Layout III Cross 80 Feet Road Cross Koramangala 6th Bloc, K, Bangalore, Karnataka, India – 560095
- IndustryMedia and Publishing, Commercial Printing Services
To see the full contact details of Welpac Products and Systems 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 Welpac Products and Systems is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media |
To see the full business activity and turnover split of Welpac Products and Systems Private Limited, buy the company report.
Financials of Welpac Products and Systems Private Limited
FY 2025 filings availableWelpac Products and Systems Private Limited reported revenue of ₹1.99 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 3% fall in the latest year. EBITDA fell 197% 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 | -₹4.75 Lakh | ||||
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| Net Profit (PAT) | -₹13.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.4% | ||||
| Net Profit Margin | -6.6% | ||||
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To see the full financial statements and ratios of Welpac Products and Systems Private Limited, buy the company report.
Board of directors of Welpac Products and Systems Private Limited
Welpac Products and Systems has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krish Mayoor Kurva | Director | 08 Sep 2020 | 6 Years 1 Months | Current |
| Mayoor Kantilal Kurva | Managing Director | 01 Apr 2004 | 22 Years 7 Months | Current |
Auditor
Welpac Products and Systems Private Limited is audited by SWAMY ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SWAMY ASSOCIATES | FY 2020 | 004320S |
Shareholding
The shareholding of Welpac Products and Systems Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Welpac Products and Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jul 1997 | 90003132 | Standard Chartered Bank | ₹3 Lakh | Open | |
| 22 Dec 1980 | 90002095 | The Tamilnadu Industrial Investment Cor. Ltd. | ₹8 Lakh | Open | |
| 23 May 2008 | 10106512 | The Karnataka Bank Limited | ₹6 Lakh | Satisfied | |
| 18 Aug 2006 | 10019875 | The Karnataka Bank Limited | ₹3.4 Lakh | Satisfied | |
| 29 Nov 2002 | 90003998 | The Karnataka State Financial Corporation | ₹40 Lakh | Satisfied |
To see the full charge records of Welpac Products and Systems Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
No court or tribunal cases involving Welpac Products and Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Welpac Products and Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Welpac Products and Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACW2074R1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Welpac Products and Systems Private Limited, buy the company report.
Recent activity
Welpac Products and Systems Private Limited has 7 board changes on record since 2004: 2 appointments and 5 cessations. The latest: Krish Mayoor Kurva ceased to be Additional Director on 30 Dec 2020.
33 earlier events are in the company report.
Frequently asked questions
Welpac Products and Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in commercial printing services, within the media and publishing industry. It was incorporated on 12 August 1980 (46+ years old) and is registered under CIN U02422KA1980PTC035355.
Welpac Products and Systems has 2 current directors:
- Mayoor Kantilal Kurva - Managing Director
- Krish Mayoor Kurva - Director
The latest financial statements of Welpac Products and Systems 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 2015 are in the company report.
The GSTIN of Welpac Products and Systems is 29AAACW2074R1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Welpac Products and Systems is U02422KA1980PTC035355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welpac Products and Systems was incorporated on 12 August 1980, making it 46+ years old. It is registered with the Registrar of Companies, Bangalore.
Krish Mayoor Kurva ceased to be Additional Director on 30 Dec 2020. Krish Mayoor Kurva was appointed as Director on 08 Sep 2020. Minal Mayoor Kurva ceased to be Director on 08 Sep 2020. Welpac Products and Systems has 7 board changes on record in total.
Welpac Products and Systems can be reached through the website welpac.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Welpac Products and Systems is at 31 Venkatreddy Layout III Cross 80 Feet Road Cross Koramangala 6th Bloc, K, Bangalore, Karnataka, India – 560095.
Welpac Products and Systems operates in the media and publishing industry, in the commercial printing services segment.
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