Welset Plast Extrusions Private Limited Company Logo

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
Last Updated:

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

  • 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 Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.93 Cr
  • Company Age 37 Year, 4 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

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

NameDesignationAppointment DateStatus
Keshavi MehtaDirector06 Apr 2019Current
Arvind Mathuradas MehtaManaging Director08 Jul 1988Current
Indira Arvind MehtaDirector08 Jul 1988Current
Paresh Arvind MehtaDirector07 Mar 1996Current
Ashok Natwarlal KotharyDirector04 Sep 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddAdditional Director29 Sep 2018Past

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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
  • 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
23.76%
Revenue from Operations
26.10%
Total Assets
2.34%
Profit or Loss
208.84%
Net Worth
8.66%
EBITDA
982.78%

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.

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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

DateLenderAmountStatus
26 Apr 2024Others₹26.13 CrOpen
24 Aug 2023Others₹26.35 CrOpen
18 Mar 2004State Bank Of India₹2.00 CrOpen
18 Mar 2004State Bank Of India₹2.00 CrOpen
24 Dec 1997State Bank Of India₹1.43 MOpen

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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 growth trends for Welset Plast Extrusions Private Limited

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

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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

    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 recorded as a recent event.

  • Charges

    The activity 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 completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 26.13 Cr with Charge ID 100918223 was registered on 26 Apr 2024. was documented.

  • Balance Sheet

    Progress on Welset Plast Extrusions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Charges

    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 recorded as a recent event.

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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