Welcast Steels Limited
L27104GJ1972PLC085827ActivePublic · Non-govt companyRoC-AhmedabadListed
Last updated: 2026-06-08
67
Compliance Health · C · provisional
3 / 4 signals passed
Welcast Steels Limited is a Public Non-govt company company incorporated in 1972 and based in Gujarat, India. Welcast Steels Limited operates in Basic Metals (NIC 27104) with authorized capital of ₹2.00 Cr and paid-up capital of ₹63.84 L. For 2025-26, the company reported revenue of ₹48.97 Cr and a net loss of ₹5.30 Cr. RegisterKaro's provisional Compliance Health Score for the company is 67/100 (grade C), based on 4 of 9 signals — full scoring is pending extraction of the company's MCA filing history.
Risk FlagsDirectors not yet extracted · awaiting MGT-7AGM 1813d ago · may be overdue
Revenue (latest FY)
₹48.97 Cr
2025-26
PAT (latest FY)
₹-5.30 Cr
Margin -10.8%
Open Charges
0
No encumbrances
Active Directors
0
No resignations
Paid-up Capital
₹63.84 L
32% of authorized
Filings on Record
0
All current
Incorporated
1972
54 years old
State
Gujarat
Sector
Basic Metals
NIC 27104
Class
Public
Sub-category
Non-govt company
Authorized Capital
₹2.00 Cr
Paid-up Capital
₹63.84 L
32% utilized
Members
—
Last AGM
25 Aug 2021
1813d ago
Last Balance Sheet
31 Mar 2021
1960d ago
Latest Filing
—
Registered Email
s***(at)aiaengineering.com
Registered Office
115-116, G.V.M.M. ESTATE, ODHAV ROAD, ODHAV, AHMEDABAD Ahmedabad GJ 382415 IN
WELCAST STEELS LIMITED
Brand WELCAST STEELS LIMITED · Legal entity Welcast Steels Limited
WELCAST STEELS LIMITED is the legal entity of Vega Industries and Welcast Steel.
Total Funding
Latest Round
—
Revenue
Valuation
Funding Rounds
—
Employees
127
Stage
—
HQ
—
Founded
1972
Joined to MCA on CIN L27104GJ1972PLC085827
Quick facts
Registered office
115-116, G.V.M.M. ESTATE, ODHAV ROAD, ODHAV, AHMEDABAD Ahmedabad GJ 382415 IN
NIC code
27104
Statutory auditor
Awaiting ADT-1 / AOC-4 extraction
Registered email
s***(at)aiaengineering.com
Section
Basic Metals
ROC
RoC-Ahmedabad
Website
—
Class · sub-category
Public · Non-govt company
Incorporation · Last AGM
28 Feb 1972 · 25 Aug 2021
Directors
LockedSI
Suresh Iyer
Director6.4y · Ahmedabad · DIN 2763055
RK
Rajesh Kumar Sharma
Whole-time Director7.6y · Ahmedabad · DIN 8401242
MK
Meera Krishnan
Managing Director7.6y · Hyderabad · DIN 5479628
AD
Anita Desai
Managing Director8.1y · Mumbai · DIN 6282537
Get the full board of directors
Directors, DINs & appointment history for Welcast Steels Limited.
What you'll get
- Incorporation Documents
- Change in Directors & Designated Partner
- Board Resolutions
- Financial Statements & Annual Filings
- Charge Documents (Summary)
MCA Filings
Locked| Form | FY | Filed | Due | Delay | Status |
|---|---|---|---|---|---|
| AOC-4 | FY2024-25 | 30 Oct 2024 | 30 Oct 2024 | 0d | filed |
| MGT-7 | FY2024-25 | 25 Nov 2024 | 29 Nov 2024 | 0d | filed |
| AOC-4 | FY2023-24 | 30 Oct 2023 | 30 Oct 2023 | 0d | filed |
| MGT-7 | FY2023-24 | 20 Nov 2023 | 29 Nov 2023 | 0d | filed |
| AOC-4 | FY2022-23 | 30 Oct 2022 | 30 Oct 2022 | +37d | filed |
| MGT-7 | FY2022-23 | 25 Nov 2022 | 29 Nov 2022 | 0d | filed |
Get financial statements & other filing documents
Full MCA filing history for Welcast Steels Limited.
What you'll get
- Incorporation Documents
- Change in Directors & Designated Partner
- Board Resolutions
- Financial Statements & Annual Filings
- Charge Documents (Summary)
Charges
Locked| Charge ID | Holder | Amount | Created | Status |
|---|---|---|---|---|
| 850430776 | Axis Bank Ltd(Bank) | ₹1.62 Cr | 27 Jan 2019 | Satisfied |
| 204130104 | Kotak Mahindra Bank Ltd(Bank) | ₹22.81 Cr | 12 Mar 2022 | Satisfied |
| 860637877 | ICICI Bank Ltd(Bank) | ₹15.61 Cr | 27 Jan 2019 | Open |
| 354986786 | ICICI Bank Ltd(Bank) | ₹23.20 Cr | 27 Jan 2019 | Satisfied |
| 947147481 | State Bank of India(Bank) | ₹5.19 Cr | 04 Jul 2022 | Open |
See registered charges & lenders
Charge IDs, lenders & amounts for Welcast Steels Limited.
What you'll get
- Incorporation Documents
- Change in Directors & Designated Partner
- Board Resolutions
- Financial Statements & Annual Filings
- Charge Documents (Summary)
Financial Performance
MCARevenue (bars) vs PAT (line) by FY
Revenue PAT
| FY | Revenue | PAT | Net Worth | Total Assets | Employees |
|---|---|---|---|---|---|
| 2025-26 | — | ||||
| 2022-23 | — | ||||
| 2021-22 | — | ||||
| 2020-21 | — | ||||
| 2018-19 | — | ||||
| 2017-18 | — | ||||
| 2016-17 | — |
Detailed Financials
4 FYs| Line item | 2025-26 | 2022-23 | 2021-22 | 2020-21 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue from operations | ||||
| Other income | ||||
| Total income | ||||
| Total expenses | ||||
| Profit before tax | ||||
| Profit / (Loss) after tax | ||||
| Balance sheet | ||||
| Equity / Net worth | ||||
| Borrowings | ||||
| Current liabilities | ||||
| Total liabilities | ||||
| Current assets | ||||
| Cash & equivalents | ||||
| Total assets | ||||
| Employees | — | — | — | — |
Cash-flow statement renders when the AOC-4 XBRL Cash Flow context is parsed during the extract phase.
Compounded Annual Growth Rate
| Metric | Latest value | 1Y CAGR | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|
| Revenue2025-26 | -44.0% | -97.0% | -67.0% | |
| Profit after Tax2025-26 | -349.0% | — | — | |
| Net Worth2022-23 | +0.0% | -79.0% | -65.0% |
Financial Ratios
| FY | Revenue | PAT | PAT margin | Rev growth | ROE | ROA | D/E | Rev/emp |
|---|---|---|---|---|---|---|---|---|
| 2016-17 | +0.81% | — | +5.54% | +3.70% | 0.49 | |||
| 2017-18 | +0.66% | +9.57% | +4.79% | +2.89% | 0.66 | |||
| 2018-19 | +0.68% | +12.35% | +5.25% | +3.34% | 0.57 | |||
| 2020-21 | -1.86% | -63.67% | -5.56% | -4.39% | 0.27 | |||
| 2021-22 | -0.57% | -12.23% | -76.97% | — | — | |||
| 2022-23 | +2.81% | +9.24% | +413.57% | — | — | |||
| 2025-26 | -10.82% | -47.86% | — | — | — |
Cap Table & Shareholding
Locked| Category | Shareholders | Shares held | % |
|---|---|---|---|
| Promoters | 4 | 2,77,90,264 | 83.62% |
| Institutional Investors | 1 | 19,32,224 | 5.81% |
| Public & Others | 7 | 35,11,733 | 10.57% |
See the full shareholding pattern
Promoter, institutional & public holding for Welcast Steels Limited.
What you'll get
- Incorporation Documents
- Change in Directors & Designated Partner
- Board Resolutions
- Financial Statements & Annual Filings
- Charge Documents (Summary)
Peer Benchmark
500 peersMetricThis companyCohort medianCohort P75Quartile
Revenue (latest FY)
Top quartile · P76
PAT (latest FY)
Bottom quartile · P3
Employees
—
—
—
—
Paid-up capital
3rd quartile · P49
Compliance Health
96
96
96
Bottom quartile · P12
Events & timeline
221 Sept 2015
Khushali appointed as Director
28 Feb 1972
Company incorporated
Welcast Steels Limited registered with RoC-Ahmedabad; year 1972
External data sources
7 plannedGSTIN Registrations
GST portal
Per-state GSTINs + GSTR-1/3B filing cadence + turnover bracket. PAN-keyed scrape.
MSME Payment Delays
MSME-1 form
Half-yearly disclosure of payments delayed beyond 45 days to MSME suppliers.
Related Party Transactions
AOC-4 schedule
Counterparty, nature, transaction value. Inter-company loans, sales, royalty.
Credit Ratings
CRISIL / ICRA / CARE feeds
Long-term + short-term ratings, with rationale on rating actions.
Trademarks
IP India Trademark Registry
Applied, registered, opposed. Class numbers + status.
Patents
IP India Patent Registry
Applications and grants. Inventor names + filing dates.
Legal Cases
eCourts + Indian Kanoon
Ongoing + past litigations the entity is party to.
Each source is wired as a separate ingestion adapter behind the scraper. Live status flips per CIN as records land.
FAQs about Welcast Steels Limited
When was Welcast Steels Limited incorporated?
Welcast Steels Limited was incorporated in 1972 (around 28 Feb 1972). Its CIN is L27104GJ1972PLC085827 and it is registered with RoC-Ahmedabad.
Where is Welcast Steels Limited located?
Welcast Steels Limited is headquartered in Gujarat, at: 115-116, G.V.M.M. ESTATE, ODHAV ROAD, ODHAV, AHMEDABAD Ahmedabad GJ 382415 IN .
What sector does Welcast Steels Limited operate in?
Welcast Steels Limited operates in the Basic Metals sector (NIC code 27104), classified as Non-govt company.
Who are the directors of Welcast Steels Limited?
Director details for Welcast Steels Limited have not yet been extracted from MGT-7 filings.
What is the paid-up capital of Welcast Steels Limited?
Welcast Steels Limited has authorized capital of ₹2.00 Cr and paid-up capital of ₹63.84 L.
Does Welcast Steels Limited have any open charges?
Welcast Steels Limited has no open MCA-registered charges on record.
What is Welcast Steels Limited's Compliance Health Score?
RegisterKaro's Compliance Health Score for Welcast Steels Limited is 67/100 (grade C), based on 4 assessable weighted signals across charges, directors, capital, and overall status. 3 of 4 passed — this is a provisional score; full scoring is pending extraction of the company's MCA filing history.