Wesghats Finance Limited Company Logo

Wesghats Finance Limited - Company Profile

It is a financial services public limited company based in Theni, Tamil Nadu, India, established in 2020.

2020 | Theni, Tamil Nadu, India | Active
Last Updated:

About Wesghats Finance Limited

Wesghats Finance Limited, a active public limited company, was established on 11 June 2020 in Theni, Tamil Nadu, India. Engaging in nbfc within the financial and insurance service sector, it holds CIN: U65990TN2020PLC135734. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹7.00 Cr.

Formerly known as Wesghats Micro Finance Limited. Its leadership includes Rathinasamy Nadar Vajravel (Director), Parthiban (Managing Director), Samyuktha (Additional Director). Past directors included Vijayakumar, Parthiban, Padma. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at No 7A, White House 2Nd Street, Nrt Main Road, Theni, Tamil Nadu, 625531.

Company Details

  • CIN/LLPIN

    U64910TN2020PLC135734

  • Registration Number

    135734

  • Incorporation Date

    11 June 2020

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹7.00 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.00 Cr
  • Company Age 5 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 194.39%
  • Profit Growth 235.39%
  • Ebitda 137.99%
  • Net Worth 2.78%
  • Total Assets 0.66%
Company report

Wesghats Finance Limited

Company Report FY 2025-2026

Explore comprehensive insights into Wesghats Finance 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 Wesghats Finance Limited?

Current Directors

NameDesignationAppointment DateStatus
Rathinasamy Nadar VajravelDirector11 Jun 2020Current
ParthibanManaging Director11 Jun 2020Current
SamyukthaAdditional Director04 Nov 2024Current
Parthiban SudhaAdditional Director04 Nov 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director05 Jan 2025Past
Pramod AbcsddDirector07 Jan 2025Past
Pramod AbcsddDirector-Past

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Financial Performance of Wesghats Finance.

Wesghats Micro Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 194.39% increase. The company also saw a substantial improvement in profitability, with a 235.39% increase in profit. The company's net worth moved up by a moderate rise of 2.78%.

Wesghats Finance revenue growth over time
Wesghats Finance 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
194.39%
Revenue from Operations
9615.75%
Total Assets
0.66%
Profit or Loss
235.39%
Net Worth
2.78%
EBITDA
137.99%

What is the Ownership and Shareholding Structure of Wesghats Finance?

In 2023, Wesghats Finance had a promoter holding of 78.43% and a public holding of 21.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Wesghats Finance?

Wesghats Finance has a workforce of 0 employees as of Apr 04, 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 Wesghats Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Wesghats Finance, 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 Wesghats Finance'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.

Latest Updates, News, and FAQs on Wesghats Finance

Recent Activity within the Organization

  • Director Appointment

    Progress on Samyuktha was appointed as a Additional Director was appointed as a Additional Director on 04 Nov 2024 & has been associated with this company since 1 year 28 days . was documented.

  • Director Appointment

    Progress on Parthiban Sudha was appointed as a Additional Director was appointed as a Additional Director on 04 Nov 2024 & has been associated with this company since 1 year 28 days . was documented.

  • Annual General Meeting

    Wesghats Finance Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Wesghats Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Director Appointment

    Progress on Rathinasamy Nadar Vajravel was appointed as a Director was appointed as a Director on 11 Jun 2020 & has been associated with this company since 5 years 5 months . was documented.

  • Director Appointment

    Parthiban was appointed as a Managing Director was appointed as a Managing Director on 11 Jun 2020 & has been associated with this company since 5 years 5 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Wesghats Finance Limited?

    The CIN of Wesghats Finance Limited is U64910TN2020PLC135734.

  • Where is Wesghats Finance Limited headquartered?

    Wesghats Finance Limited is headquartered at No 7A, White House 2Nd Street, Nrt Main Road, Theni, Tamil Nadu, 625531.

  • When was Wesghats Finance Limited incorporated?

    Wesghats Finance Limited was incorporated on 11 June 2020.

  • Who are the current directors of Wesghats Finance Limited?

    The current directors of Wesghats Finance Limited are

  • What is the primary industry of Wesghats Finance Limited?

    The primary industry of Wesghats Finance Limited is Financial And Insurance Service.

  • Is Wesghats Finance Limited a listed company?

    Wesghats Finance Limited is unlisted.

  • What is the capital structure of Wesghats Finance Limited?

    The authorized capital of Wesghats Finance Limited is ₹10.00 Cr, and the paid-up capital is ₹7.00 Cr.

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