Welset Plast Extrusions Private Limited - Company Profile

It is a manufacturing private limited company based in Mumbai, Maharashtra, India, established in 1988.
1988 Mumbai, Maharashtra, India Active
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About Welset Plast Extrusions Private Limited

Welset Plast Extrusions Private Limited, a active private limited company, was established on 08 July 1988 in Mumbai, Maharashtra, India. Engaging in plastic & resins within the manufacturing sector, it holds CIN: U24134MH1988PTC048042. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹2.93 Cr.

It upholds a compliant status. Employing 111 professional, Its leadership includes Keshavi Mehta (Director), Arvind Mathuradas Mehta (Managing Director), Indira Arvind Mehta (Director). Past directors included Keshavi Mehta, Ashok Natwarlal Kothary. It holds ₹56.85 Cr open charges and ₹31.96 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 8 Metalage Ind Compoundsubhash Road Jogeshwari E, Mumbai, Maharashtra, 400060.

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

    U24134MH1988PTC048042

  • Registration Number

    048042

  • Incorporation Date

    08 July 1988

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹2.93 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.93 Cr
  • Company Age 37 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 56.85 Cr
  • Satisfied Charges ₹ 31.96 Cr
  • Revenue Growth **** 23.76%
  • Profit Growth **** 208.84%
  • Ebitda **** 982.78%
  • Net Worth 8.66%
  • Total Assets **** 2.34%
Company report

Welset Plast Extrusions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Welset Plast Extrusions 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 Welset Plast Extrusions Private Limited?
Current Directors
Name Designation Appointment Date Status
Keshavi Mehta Director 06 Apr 2019 Current
Arvind Mathuradas Mehta Managing Director 08 Jul 1988 Current
Indira Arvind Mehta Director 08 Jul 1988 Current
Paresh Arvind Mehta Director 07 Mar 1996 Current
Ashok Natwarlal Kothary Director 04 Sep 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past

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Financial Performance of Welset Plast Extrusions.

Welset Plast Extrusions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.76% increase. The company also saw a substantial improvement in profitability, with a 208.84% increase in profit. The company's net worth moved up by a moderate rise of 8.66%.

Welset Plast Extrusions revenue growth over time
Welset Plast Extrusions 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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 23.76%
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Revenue from Operations
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 26.10%
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Total Assets
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 2.34%
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Profit or Loss
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 208.84%
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Net Worth
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 8.66%
*******
*******
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EBITDA
*******
 982.78%
*******
*******
*******
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What is the Ownership and Shareholding Structure of Welset Plast Extrusions?

In 2023, Welset Plast Extrusions had a promoter holding of 84.63% and a public holding of 15.37%. 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

₹568,525,000.00

Satisfied Charges

₹319,600,000.00

Charges Breakdown by Lending Institutions
  • Others : 52.48 Cr
  • State Bank Of India : 4.37 Cr
Latest Charge Details
Date Lender Amount Status
26 Apr 2024 Others ₹26.13 Cr Open
24 Aug 2023 Others ₹26.35 Cr Open
18 Mar 2004 State Bank Of India ₹2.00 Cr Open
18 Mar 2004 State Bank Of India ₹2.00 Cr Open
24 Dec 1997 State Bank Of India ₹1.43 M Open

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How Many Employees Work at Welset Plast Extrusions?

Welset Plast Extrusions has a workforce of 111 employees as of Apr 08, 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 Welset Plast Extrusions, 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 Welset Plast Extrusions'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 Welset Plast Extrusions
Recent Activity within the Organization
  • Annual General Meeting

    Welset Plast Extrusions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 26.13 Cr registered on 26 Apr 2024 with Charge ID 100918223 was modified on 26 Sep 2024. was documented.

  • Charges

    Progress on A charge with Others of Rs. 26.35 Cr registered on 24 Aug 2023 with Charge ID 100781070 was modified on 05 Sep 2024. was documented.

  • Charges

    A charge with Others amounted to Rs. 26.13 Cr with Charge ID 100918223 was registered on 26 Apr 2024. was recorded as a recent event.

  • Balance Sheet

    Welset Plast Extrusions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 12 Mar 2005 via Charge ID 90237687 with Sbi Factors And Commercial Services Private Limited was fully satisfied on 10 Nov 2023. was documented.

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Frequently Asked Questions
What is the CIN of Welset Plast Extrusions Private Limited?

The CIN of Welset Plast Extrusions Private Limited is U24134MH1988PTC048042.

Where is Welset Plast Extrusions Private Limited headquartered?

Welset Plast Extrusions Private Limited is headquartered at 8 Metalage Ind Compoundsubhash Road Jogeshwari E, Mumbai, Maharashtra, 400060.

When was Welset Plast Extrusions Private Limited incorporated?

Welset Plast Extrusions Private Limited was incorporated on 08 July 1988.

Who are the current directors of Welset Plast Extrusions Private Limited?

The current directors of Welset Plast Extrusions Private Limited are

What is the primary industry of Welset Plast Extrusions Private Limited?

The primary industry of Welset Plast Extrusions Private Limited is Manufacturing.

Is Welset Plast Extrusions Private Limited a listed company?

Welset Plast Extrusions Private Limited is unlisted.

What is the capital structure of Welset Plast Extrusions Private Limited?

The authorized capital of Welset Plast Extrusions Private Limited is ₹5.00 Cr, and the paid-up capital is ₹2.93 Cr.

What is the compliance status of Welset Plast Extrusions Private Limited?

The compliance status of Welset Plast Extrusions Private Limited is Compliant.

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