MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-04-0004691
Weltech India Private Limited
Weltech India Private Limited - consumer goods in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹1.29 Cr
▼ 56% YoY
Net loss · FY 2021
₹54.39 Lakh
Net margin -42.1%
EBITDA · FY 2021
-₹45.52 Lakh
EBITDA margin -35.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹2.21 Cr
Satisfied ₹1.91 Cr
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings
About Weltech India Private Limited
Data last updated:
Weltech India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 06 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PTC063223. Its GSTIN is 07AAACW0723B1ZY (Delhi).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Rajesh Vig and Sushil Kumar Mehta.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 6/8 Industrial Area Kirti Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.29 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹54.39 Lakh (net margin -42.1%) and EBITDA of -₹45.52 Lakh (EBITDA margin -35.3%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹2.21 Cr and satisfied charges of ₹1.91 Cr on record. Court records list 52 cases involving the company, including 1 filed by the company and 51 filed against it; 8 cases are pending.
Weltech India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-04-0004691). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74899DL1994PTC063223
Registration Number 063223
Incorporation Date 06 December 1994
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-04-0004691
Recognitions & Rankings of Weltech India
Contact details
Weltech India Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address6/8 Industrial Area Kirti Nagar, New Delhi, Delhi, India – 110015
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Weltech India Private Limited, buy the company report.
Comprehensive company report
Weltech India Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Weltech India is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Weltech India Private Limited, buy the company report.
Financials of Weltech India Private Limited
FY 2021 filings availableWeltech India Private Limited reported revenue of ₹1.29 Cr (down 56% YoY) for FY 2021.
Revenue · FY 2021
₹1.29 Cr ▼ 56%
Net loss · FY 2021
₹54.39 Lakh margin -42.1%
EBITDA · FY 2021
-₹45.52 Lakh margin -35.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 56%
3 years · compounded
▼ 39%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▲ 54%
3 years · compounded
▼ 44%
5 years · compounded
▼ 25%
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 56% fall in the latest year. EBITDA rose 54% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.29 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹45.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹54.39 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -35.3% | ||||
| Net Profit Margin | -42.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Weltech India Private Limited, buy the company report.
Board of directors of Weltech India Private Limited
Weltech India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Kumar Mehta | Additional Director | 28 May 2024 | 2 Years 5 Months | Current |
| Rajesh Vig | Director | 28 Dec 1995 | 30 Years 10 Months | Current |
Auditor
Weltech India Private Limited is audited by DEEPAK GULATI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK GULATI & ASSOCIATES | FY 2021 | 007545N |
Shareholding
The shareholding of Weltech India Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Weltech India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.21 Cr
Satisfied charges
₹1.91 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2007 | 10060301 | Punjab National Bank | ₹2.21 Cr | Open | |
| 04 Mar 2015 | 10562789 | Punjab National Bank | ₹16 Lakh | Satisfied | |
| 12 Nov 2011 | 10320536 | Punjab National Bank | ₹50 Lakh | Satisfied | |
| 20 Mar 2008 | 10102952 | Punjab National Bank | ₹1.25 Cr | Satisfied |
To see the full charge records of Weltech India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Weltech India Private Limited has 52 court cases on record: 1 filed by Weltech India, 51 filed against it. 8 cases are pending and 44 are disposed.
Total cases
52
Filed by the company
1
Filed against the company
51
Pending
8
Disposed
44
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 51 | 51 | 8 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 52)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by DCB Bank Ltd | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Tab Capital Pvt Ltd Through Abhijeet P. Mokashi | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by DCB Bank Ltd. | Pending |
| High Court, HARYANA | Criminal miscellaneous application | Filed by the company against Moneywise Financial Services Pvt. Ltd. and 1 other | Disposed |
| District court, Gurugram, Haryana | Bail application | Filed against the company by Moneywise Financial Services Pvt Ltd | Disposed |
To see the full case history of Weltech India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Weltech India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Weltech India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACW0723B1ZY | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Weltech India Private Limited, buy the company report.
Recent activity
Weltech India Private Limited has 5 board changes on record since 1995: 2 appointments and 3 cessations. The latest: Sushil Kumar Mehta was appointed as Additional Director on 28 May 2024.
Appointed
Sushil Kumar Mehta was appointed as Additional Director.
AGM
Weltech India Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Weltech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Delhi Ii.
Charges
A charge registered on 04 Mar 2015 via Charge ID 10562789 with Punjab National Bank was fully satisfied on 03 Jan 2017.
Charges
A charge registered on 12 Nov 2011 via Charge ID 10320536 with Punjab National Bank was fully satisfied on 03 Jan 2017.
Charges
A charge registered on 20 Mar 2008 via Charge ID 10102952 with Punjab National Bank was fully satisfied on 03 Jan 2017.
Charges
A charge with Punjab National Bank amounted to Rs. 16.00 Lakh with Charge ID 10562789 was registered on 04 Mar 2015.
Ceased
Dolly Vig ceased to be Director.
Ceased
Sushil Kumar Mehta ceased to be Additional Director.
Ceased
Ritu Vig ceased to be Director.
Charges
A charge with Punjab National Bank of Rs. 125.00 Lakh registered on 20 Mar 2008 with Charge ID 10102952 was modified on 31 May 2012.
Charges
A charge with Punjab National Bank amounted to Rs. 50.00 Lakh with Charge ID 10320536 was registered on 12 Nov 2011.
5 earlier events are in the company report.
Frequently asked questions
Weltech India is an active private limited company based in New Delhi, Delhi, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 06 December 1994 (32+ years old) and is registered under CIN U74899DL1994PTC063223.
Weltech India has 2 current directors:
- Sushil Kumar Mehta - Additional Director
- Rajesh Vig - Director
The latest financial statements of Weltech India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Weltech India is 07AAACW0723B1ZY, registered in Delhi.
The CIN (Corporate Identification Number) of Weltech India is U74899DL1994PTC063223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Weltech India has 52 court cases on record: 1 filed by the company and 51 filed against it. 8 are pending. Most are in the district courts.
Weltech India was incorporated on 06 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Delhi.
Sushil Kumar Mehta was appointed as Additional Director on 28 May 2024. Dolly Vig ceased to be Director on 30 May 2014. Sushil Kumar Mehta ceased to be Additional Director on 30 May 2014. Weltech India has 5 board changes on record in total.
Yes, Weltech India is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-04-0004691).
The registered office of Weltech India is at 68 Industrial Area Kirti Nagar, New Delhi, Delhi, India – 110015.