Welspun Zucchi Textiles Limited - Company Profile

It is a manufacturing public limited company based in Anjar, Gujarat, India, established in 1997.

1997 Anjar, Gujarat, India Amalgamated

Last Updated: July 26, 2025

About Welspun Zucchi Textiles Limited

Welspun Zucchi Textiles Limited, a amalgamated public limited company, was established on 13 May 1997 in Anjar, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U18101GJ1997PLC143260. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹5.60 Cr and a paid-up capital of ₹5.50 Cr.

It upholds a compliant status. Its leadership includes Milind Bhaskar Hardikar (Director), Dipali Balkrishan Goenka (Director), Praveen Bhansali (Director). Past directors included Milind Bhaskar Hardikar, Rajesh Rameshkumar Mandawewala, Dipali Balkrishan Goenka. It holds no open charges and ₹11.50 Cr settled loans. Its latest AGM occurred on 31 August 2023, with the balance sheet filed on 31 March 2023. It is based at Welspun City, Village Versamedi,, Anjar, Gujarat, 370110.

Company Details

CIN/LLPIN
U18101GJ1997PLC143260
Registration Number
143260
Incorporation Date
13 May 1997
Authorized Capital
₹5.60 Cr
Paid-Up Capital
₹5.50 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 5.60 Cr as on 26-07-2025
Paid Up Capital ₹ 5.50 Cr as on 26-07-2025
Company Age 28 Year, 9 Months
Last Filing with ROC 31 Mar 2023
Satisfied Charges ₹ 11.50 Cr as on 26-07-2025
Revenue Growth **** 33.17% (FY 2022)
Profit Growth **** 16.32% (FY 2022)
Ebitda **** -319.34% (FY 2022)
Net Worth 3.07% (FY 2022)
Total Assets **** 3.04% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Welspun Zucchi Textiles 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 Welspun Zucchi Textiles Limited?

Current Directors

Name	Designation	Appointment Date	Status
Milind Bhaskar Hardikar	Director	01 Sep 2017	Current
Dipali Balkrishan Goenka	Director	20 May 2007	Current
Praveen Bhansali	Director	20 Jun 2023	Current
Sanjay Gupta	Director	15 May 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	27 Sep 2017	Past
Pramod Abcsdd	Director	02 Sep 2015	Past
Pramod Abcsdd	Additional Director	29 Sep 2007	Past
Pramod Abcsdd	Additional Director	01 Sep 2017	Past
Pramod Abcsdd	Additional Director	30 Aug 2023	Past
Pramod Abcsdd	Director	28 Sep 2016	Past

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Financial Performance of Welspun Zucchi Textiles.

Welspun Zucchi Textiles Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 33.17% increase. The company also saw a substantial improvement in profitability, with a 16.32% increase in profit. The company's net worth moved up by a moderate rise of 3.07%.

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

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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

********

33.17%

*******

Revenue from Operations

*******

Total Assets

*******

3.04%

*******

Profit or Loss

*******

16.32%

*******

Net Worth

*******

3.07%

*******

EBITDA

*******

-319.34%

*******

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What is the Ownership and Shareholding Structure of Welspun Zucchi Textiles?

In 2022, Welspun Zucchi Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹0

Satisfied Charges

₹115,000,000.00

Charges Breakdown by Lending Institutions

Punjab National Bank : 11.50 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 May 2012	Punjab National Bank	₹5.00 Cr	Satisfied
31 Oct 2011	Punjab National Bank	₹1.50 Cr	Satisfied
06 Aug 2004	Punjab National Bank	₹5.00 Cr	Satisfied

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How Many Employees Work at Welspun Zucchi Textiles?

Welspun Zucchi Textiles has a workforce of 0 employees as of Apr 07, 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Welspun Zucchi Textiles, 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 Welspun Zucchi Textiles's trajectory.

Rating

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

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 Welspun Zucchi Textiles

Recent Activity within the Organization

Annual General Meeting

Welspun Zucchi Textiles Limited last Annual general meeting of members was held on 31 Aug 2023 as per latest MCA records. was recorded as a recent event.
31 Aug 2023
Director Appointment

Progress on Praveen Bhansali was appointed as a Director was appointed as a Director on 20 Jun 2023 & has been associated with this company since 2 years 8 months . was documented.
20 Jun 2023
Balance Sheet

Progress on Welspun Zucchi Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad. was documented.
31 Mar 2023
Director Appointment

Sanjay Gupta was appointed as a Director was appointed as a Director on 15 May 2021 & has been associated with this company since 4 years 9 months . was recorded as a recent event.
15 May 2021
Director Appointment

Progress on Milind Bhaskar Hardikar was appointed as a Director was appointed as a Director on 01 Sep 2017 & has been associated with this company since 8 years 5 months . was documented.
01 Sep 2017
Director Appointment

The activity Shashikant Bhausaheb Thorat was appointed as a Company Secretary was appointed as a Company Secretary on 28 Sep 2016 & has been associated with this company since 9 years 4 months . was completed.
28 Sep 2016

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