Welsaree Creation LLP
About Welsaree Creation LLP
Data last updated:
Welsaree Creation LLP is a limited liability partnership (LLP) based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 August 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAK-1909. Its GSTIN is 24AACFW6596P1ZA (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Upaben Nitinkumar Patel and Nitinkumar Ramanlal Patel.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹3.85 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹40.11 Lakh (net margin -10.4%) and EBITDA of ₹1.36 Cr (EBITDA margin 35.2%).
As per MCA filings, the LLP has open charges of ₹35.41 Cr on record.
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- Registered AddressSurvey No. 157/2 – 158/1 To 11 P – 411 New GIDC Near Power Looms Center Fulpada Road K, Atargam, Surat, Gujarat, India – 395004
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Designated Partners of Welsaree Creation LLP
Welsaree Creation has 6 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Upaben Nitinkumar Patel | Designated Partner | 01 Aug 2017 | 9 Years 2 Months | Current |
| Nitinkumar Ramanlal Patel Also directs: Unity Holidays LLP | Designated Partner | 01 Aug 2017 | 9 Years 2 Months | Current |
| Sonalben Kirtikumar Patel | Designated Partner | 01 Aug 2017 | 9 Years 2 Months | Current |
| Kirtikumar Ramanlal Patel | Designated Partner | 01 Aug 2017 | 9 Years 2 Months | Current |
| Chinmay Nitinbhai Patel Also directs: Koshee Saree LLP, Krisoilz India Private Limited | Designated Partner | 01 Jan 2024 | 2 Years 9 Months | Current |
| Akash Kirtikumar Patel Also directs: Koshee Saree LLP, Krisoilz India Private Limited | Designated Partner | 01 Jan 2024 | 2 Years 9 Months | Current |
Financials of Welsaree Creation LLP FY 2025 filings available
Welsaree Creation LLP reported revenue of ₹3.85 Cr (down 61% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Welsaree Creation LLP
Revenue fell 61% in the latest year. EBITDA fell 49% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Welsaree Creation LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• |
| Profit After Tax | -₹40.11 Lakh | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• |
| Assets and Liabilities | ||||
| Partners' Contribution | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Welsaree Creation LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | -10.4% | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Welsaree Creation are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Welsaree Creation LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Welsaree Creation LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jul 2020 | Hdfc Bank Limited | ₹18.7 Cr | Open |
| 26 Sep 2018 | Hdfc Bank Limited | ₹16.71 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Welsaree Creation LLP
Employment history and EPFO contributions of people linked to Welsaree Creation.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Welsaree Creation LLP
Welsaree Creation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACFW6596P1ZA | Gujarat | Active | 14 Sep 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Welsaree Creation LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Welsaree Creation LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Welsaree Creation LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Welsaree Creation LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Welsaree Creation LLP
Frequently Asked Questions about Welsaree Creation LLP
Welsaree Creation is an active limited liability partnership based in Surat, Gujarat, India. The LLP works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 August 2017 (9+ years old) and is registered under LLPIN AAK-1909.
Welsaree Creation reported revenue of ₹3.85 Cr for FY 2021 (down 61% YoY).
Welsaree Creation has 6 current designated partners:
- Upaben Nitinkumar Patel - Designated Partner
- Nitinkumar Ramanlal Patel - Designated Partner
- Sonalben Kirtikumar Patel - Designated Partner
- Kirtikumar Ramanlal Patel - Designated Partner
- Chinmay Nitinbhai Patel - Designated Partner
- Akash Kirtikumar Patel - Designated Partner
Welsaree Creation reported a net loss of ₹40.11 Lakh (net margin -10.4%) and EBITDA of ₹1.36 Cr (EBITDA margin 35.2%) for FY 2021, as per its filed financial statements.
The GSTIN of Welsaree Creation is 24AACFW6596P1ZA, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Welsaree Creation is AAK-1909. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Welsaree Creation was incorporated on 01 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Welsaree Creation is at Survey No. 1572 – 1581 To 11 P – 411 New GIDC Near Power Looms Center Fulpada Road K, Atargam, Surat, Gujarat, India – 395004.
The total obligation of contribution is ₹1 Lakh.