Wasan Shoes Ltd. - Due diligence report

A 360° intelligence report on Wasan Shoes Ltd.: trust score, financial health, credit view, compliance, directors, growth and distress signa…

1981-11-23 New Delhi, Delhi Active Unlisted Active Compliant
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Wasan Shoes Ltd. — 360° Intelligence Report

Generated from MCA filings & public records
67/100
Trust Score
Moderate

Wasan Shoes Ltd. is assessed as Moderate with a Trust Score of 67/100. Wasan Shoes Ltd. is an active public limited indian non-government company incorporated in 1981, operating in the Consumer Goods sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and moderate financial risk profile.

Report generated on 24 Oct 2026 from the latest processed filings. Wasan Shoes Ltd. snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Good

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreModerate
67/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
68/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
55/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
70/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 55/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 68/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2025).
  • Litigation present in 3 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
MAN SINGH RAWAT 01234567 Director 01/04/2018 6 yrs Approved
JATINDER WASAN 01234567 Director 01/04/2018 6 yrs Approved
PRADIP WASAN 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • MAN SINGH RAWAT has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 70
Growth signals & trust indicators
Steady revenue growth: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Net margin improved to 0.86.
Operating for 44+ years.
Active GST registration(s).
Distress signals & risk flags
Negative net worth.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence68/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment58/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view70/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 6 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
11 Nov 2005
Director appointed
MAN SINGH RAWAT (Director)
13 Dec 1985
Director appointed
JATINDER WASAN (Director)
12 Nov 1984
Director appointed
PRADIP WASAN (Director)
23 Nov 1981
Incorporated
Registered with Roc Delhi
10

Key Observations

Auto-generated from the data above
Revenue grew 61% over the last 4 financial year(s).
3 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Escalar Cart Private Limited U74999MH2018PTC305696 Mumbai, Maharashtra, India
Aadithya Gold Buyers Private Limited U52520KA2021PTC154154 Bangalore, Karnataka, India
Nandini Clothing Private Limited U17299MH2012PTC229062 Mumbai, Maharashtra, India
Disun Pharma Private Limited U51909WB2017PTC220936 Hooghly, West Bengal, India
Cultivo Greens India Private Limited U01110MH2020PTC348898 Aurangabad, Maharashtra, India
Alsonica Engineering Private Limited U29308HR2020PTC089072 Gurgaon, Haryana, India
Mumbai Dairy Private Limited U15490MH2022PTC395451 Mumbai, Maharashtra, India
Vegan Fashion Private Limited U19202WB2016PTC216145 Kolkata, West Bengal, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Wasan Shoes Ltd. before audits and certifications: compliance score 68/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Wasan Shoes Ltd.: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 85/100, margin trends, ownership structure and peer set for Wasan Shoes Ltd. - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 67/100, distress signals and MSME payment-delay disclosures - know whether Wasan Shoes Ltd. pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Wasan Shoes Ltd. - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Wasan Shoes Ltd. an active company?

Wasan Shoes Ltd. has MCA status “Active” with a compliance score of 68/100 (Moderate).

Is Wasan Shoes Ltd. financially healthy?

Wasan Shoes Ltd. has a Financial Health Score of 55/100 (Moderate) based on its filed financial statements.

Should I do business with Wasan Shoes Ltd.?

Its overall Trust Score is 67/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Wasan Shoes Ltd.?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Wasan Shoes Ltd. have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Wasan Shoes Ltd. up to date with its ROC filings?

Balance sheet slightly behind (Mar 2025). Overall compliance score: 68/100 (Moderate).

Is it risky to lend to Wasan Shoes Ltd.?

Its Credit Risk Score is 55/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.