Welset Plastics & Chemicals Private Limited - Company overview

Registered with ROC Mumbai I on 24 July 1990, Welset is an active private limited company that has been around for more than 36 years.

1990-07-24 Mumbai, Maharashtra Active Unlisted Active Compliant
Connect MCP

Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
Under ₹1 Lakh
▼ -7.4%
FY 2022
PROFIT / LOSS
Under ₹1 Lakh
▼ -89.5%
FY 2022
EBITDA
Loss · Under ₹1 Lakh
▼ -31.5%
FY 2022
NET WORTH
₹10–50 Lakh
▲ 0.2%
FY 2022
TOTAL ASSETS
₹10–50 Lakh
▲ 3.9%
FY 2022
OPEN CHARGES
3
35.50 Lakh
PAID-UP CAPITAL
5.00 Lakh
AUTHORISED CAPITAL
7.50 Lakh
COMPANY AGE
36 Years 2 Months
since 1990-07-24
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
-
SATISFIED CHARGES
-
-

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

Health scores for Welset 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 Low risk
86/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (88), financial health (75), director (95) and company-foundation signals.
  • Operating for 36+ years.
Compliance Score Low risk
88/100
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
75/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2022.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 3 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 Welset Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Mumbai I on 24 July 1990, Welset is an active private limited company that has been around for more than 36 years. Its registered office is at 20B Nandanvan 6 Amari Rdvile Parle (W), Mumbai, Maharashtra. It was earlier known as Daman Packaging Private Limited.

Its filings describe the main line of business as rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities, which made up 100% of turnover.

It has three directors: Jayesh Kirit Mehta, Kirit Mathuradas Mehta and Kalpesh Kirit Mehta. The longest-serving is Jayesh Kirit Mehta, on the board since 1990; the most recent to join is Kalpesh Kirit Mehta, appointed in May 2011. One former director, Bharati Kirit Mehta, left in May 2011. The same directors also sit on the board of Daman Plastics Private Limited.

Paid-up capital stands at ₹5 lakh out of ₹7.5 lakh authorised. The last AGM on record was on 30 September 2025, for accounts made up to 31 March 2025. Three charges (secured loans) are still open, with State Bank Of India and Maharashtra State Financial Corporation among the lenders.

Packaging ••••••••
  • Location 20B Nandanvan 6 Amari Rdvile Parle (W), Mumbai, Maharashtra - 400056
Name History
Legal NameWelset Plastics & Chemicals Private Limited
CIN / LLPINU21014MH1990PTC057394
Company No.057394
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1990-07-24
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai I
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Welset (3) Current board members from MCA filings, including designation and appointment details.

J
Director | Since 1990-07-24 | DIN: 02505535
K
Director | Since 1990-07-24 | DIN: 02505559
K
Director | Since 2011-05-06 | DIN: 03640186

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

Estimated bands · FY 2022
Revenue Under ₹1 Lakh ▼ -7.4%
P&L Under ₹1 Lakh ▼ -89.5%
EBITDA Loss · Under ₹1 Lakh ▼ -31.5%
Net worth ₹10–50 Lakh ▲ 0.2%

Exact figures and labelled charts require an active report plan.

Verified entity values are shown only after access is granted.

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

State Bank Of India : 18.00 Lakh
Maharashtra State Financial Corporation : 17.50 Lakh
Open Charges: 3 Satisfied Charges: 0
Open 35.50 Lakh
Satisfied 0
LenderAmountStatus
State Bank Of India
Creation Date: 16 Mar 1994
9.00 Lakh Open
State Bank Of India
Creation Date: 08 Jan 1994
9.00 Lakh Open
Maharashtra State Financial Corporation
Creation Date: 13 May 1993
17.50 Lakh Open

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

Activity GroupDescriptionTurnover %
Support service to OrganizationsRental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities100

Companies With Common Directors Of Welset Other companies that share directors with this entity, based on MCA and compliance network data.

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

9 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

Unlock exact ratio values and multi-year insights.

Verified entity values are shown only after access is granted.

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

4 shareholder categories on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

Unlock full ownership and contribution details.

Verified entity values are shown only after access is granted.

MSME Payment Delays by Welset 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

MSME payment history requires an active report plan.

Verified entity values are shown only after access is granted.

MCA Filings & Documents of Welset 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

MCA filings and documents require an active report plan.

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Welset Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Welset?
MCA does not publish an "owner" field. Welset is run by its directors, Jayesh Kirit Mehta, Kirit Mathuradas Mehta and Kalpesh Kirit Mehta. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Welset?
Welset has three current directors: Jayesh Kirit Mehta (since July 1990), Kirit Mathuradas Mehta (since July 1990) and Kalpesh Kirit Mehta (since May 2011).
What is CIN of Welset?
The CIN of Welset is U21014MH1990PTC057394. Reading it left to right: U means it is not listed, 21014 is the industry code it registered under, MH is Maharashtra, 1990 is the year it was registered, PTC is the company type and 057394 is its registration number.
When was Welset incorporated?
Welset was incorporated on 24 July 1990 with ROC Mumbai I. That makes it more than 36 years old.
What is the registered address of Welset?
The registered office on MCA records is 20B Nandanvan 6 Amari Rdvile Parle (W), Mumbai, Maharashtra - 400056.
What is the current status of Welset?
MCA shows Welset as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Welset?
You can post to its registered office at 20B Nandanvan 6 Amari Rdvile Parle (W), Mumbai, Maharashtra - 400056.
What industry or business activity is Welset associated with?
Its MCA filings list the main business as rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities (100% of turnover).
What is paid-up capital and authorised share capital of Welset?
Paid-up capital is ₹5 lakh and authorised capital is ₹7.5 lakh, so about 67% of the authorised amount has been issued.
When did Welset last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Welset?
Three charges against Welset are still open. Lenders named in the filings include State Bank Of India and Maharashtra State Financial Corporation.
Have any directors left Welset?
Yes, one former director is on record. Bharati Kirit Mehta (May 2011) left.
Which companies share directors with Welset?
Daman Plastics Private Limited shares at least one director with Welset.
What is the turnover or revenue of Welset?
Based on filed financial statements, the revenue of Welset for FY 2022 was in the Under ₹1 Lakh range. That is down 7.4% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Welset?
For FY 2022, the net worth of Welset was in the ₹10–50 Lakh range.
How can I get the financial details of Welset?
The latest accounts on record are for FY 2022. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
Welset - is it listed or unlisted?
Welset is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Welset?
Welset is registered with ROC Mumbai I.
What is the company classification of Welset?
MCA classifies Welset as: Private Limited Indian Non-Government Company.

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.