Welcast Steels Limited - Company overview

Welcast is a listed public limited company, first registered with ROC Ahmedabad on 28 February 1972.

1972-02-28 Ahmedabad, Gujarat Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50–100 Cr
▲ 9.2%
FY 2023
PROFIT / LOSS
₹1–5 Cr
▲ 637.3%
FY 2023
EBITDA
₹1–5 Cr
▲ 347358.3%
FY 2023
NET WORTH
₹25–50 Cr
▲ 8.6%
FY 2023
TOTAL ASSETS
₹25–50 Cr
▲ 7.7%
FY 2023
EMPLOYEE COUNT
131–140
OPEN CHARGES
1
-
PAID-UP CAPITAL
63.82 Lakh
AUTHORISED CAPITAL
2.00 cr
COMPANY AGE
54 Years 8 Months
since 1972-02-28
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-10
ACTIVE GST
1
Updated: 2023-11-09 15:27:38
SATISFIED CHARGES
3
14.12 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Welcast covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
71/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (38), financial health (90), director (80) and company-foundation signals.
  • Operating for 54+ years.
Compliance Score High risk
38/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
90/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
80/100
Board strength, DIN status and churn.
  • 12 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Welcast Company identity, industry, contact, and registration details from MCA and company records.

Welcast is a listed public limited company, first registered with ROC Ahmedabad on 28 February 1972. The registered office is at 115-116, G.V.M.M. Estate, Odhav Road, Odhav, Ahmedabad, Gujarat.

In its MCA filings the main business is listed as metal and metal products, which made up 100% of turnover.

It has 12 directors: Sanjay Shaileshbhai Majmudar, Viren Kantilal Thakkar, Pradip Rasiklal Shah and 9 others. The longest-serving is Pradip Rasiklal Shah, on the board since 1995; the most recent to join is Maikkappa Devar Gangadurai, appointed in August 2025. The board changed around September 2024, when Ashok Asharam Nichani and Debi Prasad Dhanuka stepped down and new directors joined. Between them, the directors also sit on the boards of 13 other companies, including Aia Engineering Limited and Ansumalini Investment Private Limited.

₹63.82 lakh of its ₹2 crore authorised capital is paid up (about 32%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 10 September 2025. One charge (secured loan) is still open, with First National City Bank among the lenders, and three more have been paid off. Its shares trade on BSE (504988).

Machinery and Equipment ••••••••
  • Location 115-116, G.V.M.M. Estate, Odhav Road, Odhav,, Ahmedabad, Gujarat - 382415
  • Website welcaststeels.com
Legal NameWelcast Steels Limited
CIN / LLPINL27104GJ1972PLC085827
Company No.085827
Stock Symbol BSE: 504988
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1972-02-28
Date of AGM2025-09-10
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Ahmedabad
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Welcast (12) Current board members from MCA filings, including designation and appointment details.

S
Director | Since 2007-05-23 | DIN: 00091305
V
Viren Kantilal Thakkar
CFO | Since 2022-05-23
P
Director | Since 1995-05-03 | DIN: 00293396
R
Director | Since 2024-09-02 | DIN: 00014265
B
Director | Since 2001-08-30 | DIN: 00058177
K
Director | Since 2015-04-15 | DIN: 07008918

Financial Performance of Welcast Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹50–100 Cr ▲ 9.2%
P&L ₹1–5 Cr ▲ 637.3%
EBITDA ₹1–5 Cr ▲ 347358.3%
Net worth ₹25–50 Cr ▲ 8.6%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

Charges of Welcast Open and satisfied charges registered against the company with MCA.

Canara Bank : 10.27 cr
State Bank Of India : 3.85 cr
First National City Bank : 45.00 Lakh
Open Charges: 1 Satisfied Charges: 3
Open -
Satisfied 14.12 cr
LenderAmountStatus
Canara Bank
Creation Date: 12 Nov 2021
1.27 cr Closed
State Bank Of India
Creation Date: 20 Apr 2005
3.85 cr Closed
Canara Bank
Creation Date: 07 Aug 2001
9.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingMetal and metal products100

Financial Ratios of Welcast Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Welcast Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Welcast EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Welcast GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Welcast Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Welcast MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Welcast Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Welcast Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Welcast?
MCA does not publish an "owner" field. Welcast is run by its directors, Sanjay Shaileshbhai Majmudar, Viren Kantilal Thakkar, Pradip Rasiklal Shah and nine others. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Welcast?
Welcast has 12 current directors: Sanjay Shaileshbhai Majmudar (since May 2007), Viren Kantilal Thakkar (since May 2022), Pradip Rasiklal Shah (since May 1995), Rajan Ramkrishna Harivallabhdas (since September 2024), Bhadresh Kantilal Shah (since August 2001) and Khushali Samip Solanki (since April 2015), plus 6 more.
What is CIN of Welcast?
The CIN of Welcast is L27104GJ1972PLC085827. Reading it left to right: L means it is listed, 27104 is the industry code it registered under, GJ is Gujarat, 1972 is the year it was registered, PLC is the company type and 085827 is its registration number.
When was Welcast incorporated?
Welcast was incorporated on 28 February 1972 with ROC Ahmedabad. That makes it more than 54 years old.
What is the registered address of Welcast?
The registered office on MCA records is 115-116, G.V.M.M. Estate, Odhav Road, Odhav, Ahmedabad, Gujarat - 382415.
What is the current status of Welcast?
MCA shows Welcast as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Welcast?
You can post to its registered office at 115-116, G.V.M.M. Estate, Odhav Road, Odhav, Ahmedabad, Gujarat - 382415 and use its website, https://welcaststeels.com.
What industry or business activity is Welcast associated with?
Its MCA filings list the main business as metal and metal products (100% of turnover).
What is paid-up capital and authorised share capital of Welcast?
Paid-up capital is ₹63.82 lakh and authorised capital is ₹2 crore, so about 32% of the authorised amount has been issued.
When did Welcast last file accounts and hold an AGM?
The last AGM on record was on 10 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Welcast?
One charge against Welcast is still open and three have been satisfied. Lenders named in the filings include Canara Bank, State Bank Of India and First National City Bank.
Have any directors left Welcast?
Yes, ten former directors are on record. The most recent to leave were Satyanarayan Chhogalal Jetheliya (February 2025), Ashok Asharam Nichani (September 2024) and Debi Prasad Dhanuka (September 2024).
Which companies share directors with Welcast?
13 companies share directors with Welcast. Among them are Aia Engineering Limited, Ansumalini Investment Private Limited, Apara Chemtech Private Limited and 10 more.
What is the turnover or revenue of Welcast?
Based on filed financial statements, the revenue of Welcast for FY 2023 was in the ₹50–100 Cr range. That is up 9.2% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Welcast?
For FY 2023, the net worth of Welcast was in the ₹25–50 Cr range.
How can I get the financial details of Welcast?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Welcast?
The website on record for Welcast is https://welcaststeels.com.
Which company owns welcaststeels.com?
welcaststeels.com is the website listed for Welcast Steels Limited in its company records.
Is Welcast registered with any stock exchange in India?
It is listed on BSE with scrip code 504988.
Welcast - is it listed or unlisted?
Welcast is a listed company, and its CIN starts with L.
What is the ROC code of Welcast?
Welcast is registered with ROC Ahmedabad.
What is the company classification of Welcast?
MCA classifies Welcast as: Public Limited Indian Non-Government Company.
Does Welcast have GST registrations on file?
Yes, one active GST registration is linked to Welcast.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.