Adani Welspun Exploration Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 13.30 Cr
- Company Age 19 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 940.00 Cr
- Revenue Growth 71.66%
- Profit Growth 72.12%
- Ebitda 64.70%
- Net Worth 3.91%
- Total Assets 3.49%
About Adani Welspun Exploration
Adani Welspun Exploration Limited (AWEL) is a Public Limited Indian Non-Government Company incorporated in India on 05 August 2005 and has a history of 19 years and six months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Adani Energy (Haryana ) Limited. The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 13.30 Cr.
The company has closed loans amounting to ₹940.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Adani Welspun Exploration Limited India are Nishant Joshi as COMPANY SECRETARY and Parikshit Chawla as Cfo. Rajesh Adani, Pranav Adani, Sandeep Garg, and Two other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40100GJ2005PLC046554
- Company No.
046554
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Aug 2005
- Date of AGM
13 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Adani Welspun Exploration?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Garg  | Managing Director | 06-Feb-2015 | Current |
| Nishant Joshi | Company Secretary | 11-Apr-2024 | Current |
| Parikshit Chawla | CFO | 30-Sep-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajesh Adani | Director | 05-Aug-2005 | Current |
| Balkrishan Goenka | Director | 27-Apr-2007 | Current |
| Pranav Adani | Director | 22-Nov-2010 | Current |
| Jatinkumar Jalundhwala | Director | 30-Aug-2017 | Current |
Financial Performance of Adani Welspun Exploration.
Adani Welspun Exploration Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 71.66% increase. The company also saw a substantial improvement in profitability, with a 72.12% increase in profit. The company's net worth moved up by a moderate rise of 3.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Adani Welspun Exploration?
In 2023, Adani Welspun Exploration had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Welspun Specialty Solutions LimitedBalkrishan Goenka is a mutual person
Welspun Michigan Engineers LimitedSandeep Garg is a mutual person
Adani Total Gas LimitedPranav Adani is a mutual person
Welspun Corp LimitedBalkrishan Goenka is a mutual person
The Associated Chambers Of Commerce And Industry Of IndiaBalkrishan Goenka is a mutual person
Adani Bunkering Private LimitedPranav Adani and Jatinkumar Jalundhwala are mutual person
Charges (Loans)
₹0
₹940.00 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 385.00 Cr
- Yes Bank Limited : 250.00 Cr
- State Bank Of India : 175.00 Cr
- Punjab National Bank : 80.00 Cr
- Indusind Bank Ltd. : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jul 2012 | Idbi Trusteeship Services Limited | ₹385.00 Cr | Satisfied |
| 16 Mar 2012 | Yes Bank Limited | ₹150.00 Cr | Satisfied |
| 21 Jan 2011 | Indusind Bank Ltd. | ₹50.00 Cr | Satisfied |
| 31 Mar 2010 | State Bank Of India | ₹100.00 Cr | Satisfied |
| 31 Mar 2010 | Yes Bank Limited | ₹100.00 Cr | Satisfied |
How Many Employees Work at Adani Welspun Exploration?
Adani Welspun Exploration has a workforce of 25 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Adani Welspun Exploration, 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 Adani Welspun Exploration's trajectory.
Rating
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
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.
