Adani Welspun Exploration Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 13.30 Cr
- Company Age 19 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- 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 seven months. Its registered office is in Gandhi Nagar, 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 2024. 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 Parikshit Chawla as CFO and Shilpy Jaiswal as Company Secretary. Jatinkumar Jalundhwala, Sandeep Garg, Pranav Adani, and Three other members serve as directors at the Company.
Company Details
- Location
Gandhi Nagar, 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
21 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Energy and Power
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 |
| Parikshit Chawla | CFO | 30-Sep-2022 | Current |
| Shilpy Jaiswal | Company Secretary | 01-Jan-2025 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajesh Adani | Director | 17-Aug-2010 | Current |
| Nisha Kapoor | Additional Director | 17-Dec-2024 | Current |
| Balkrishan Goenka | Director | 27-Apr-2007 | Current |
| Jatinkumar Jalundhwala | Director | 30-Aug-2017 | Current |
| Pranav Adani | Director | 22-Nov-2010 | 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
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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 LimitedJatinkumar Jalundhwala and Pranav Adani are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Adani Welspun Exploration
Recent activity within the organization
- Director Appointment
Shilpy Jaiswal was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jan 2025 & has been associated with this company since 2 months 28 days .
- Director Appointment
Nisha Kapoor was appointed as a Additional Director was appointed as a Additional Director on 17 Dec 2024 & has been associated with this company since 3 months 12 days .
- Annual General Meeting
Adani Welspun Exploration Limited last Annual general meeting of members was held on 21 Jun 2024 as per latest MCA records.
- Balance Sheet
Adani Welspun Exploration Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Parikshit Chawla was appointed as a Cfo was appointed as a Cfo on 30 Sep 2022 & has been associated with this company since 2 years 6 months .
- Charges
A charge registered on 01 Sep 2009 via Charge ID 10174690 with State Bank Of India was fully satisfied on 27 Jul 2020.
Recent News, Updates & Announcement
- Adani Group Denies Bribery Allegations, JP Morgan Report Supports Transparency in India's Renewable Energy Sector.
Adani Group denies bribery allegations from US DoJ, says report is false. JP Morgan report also states that bribery is unlikely due to transparency in renewable energy sector in India. Adani Green Energy Ltd aware of investigation but has no relationship with third party involved. JP Morgan believes there will be no financial impact even if investigation leads to prosecution. Transparency in India's renewable energy tenders makes corruption and bribery highly unlikely. Disclaimer: This post is from an agency feed and has not been reviewed by an editor..
- 'False': Adani Group denies getting any notice from US court on bribery allegations.
Several of Adani Group’s dollar bonds fell the most in more than a year on Monday, and most of the group’s shares declined..
- Adani to invest 70 pc of total investments in green energy: Sources.
New Delhi, March 18: The Adani Group is expected to invest more than 70 per cent of its total investments towards green energy, including renewable power, green hydrogen, and green evacuation transmission line, sources said..
Frequently asked questions
What is the Incorporation or founding date of Adani Welspun Exploration Limited?
Adani Welspun Exploration Limited was incorporated on 05 Aug 2005.
What is authorized share capital and paid-up capital of Adani Welspun Exploration Limited?
The authorized share capital of Adani Welspun Exploration Limited is ₹ 50.00 Cr and paid-up capital is ₹ 13.30 Cr.
Who are the current board members & directors of Adani Welspun Exploration Limited?
Currently 8 directors are associated with Adani Welspun Exploration Limited.
- Jatinkumar Rameshchandra Jalundhwala
- Sandeep Garg
- Pranav Vinod Adani
- Nisha Kapoor
- Rajesh Shantilal Adani
- Balkrishan Gopiram Goenka
- Parikshit Chawla
- Shilpy Jaiswal
What is the registered address of Adani Welspun Exploration Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Adani Welspun Exploration Limited is Adani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway Khodiyar, India, Ahmedabad, Gujarat, 382421.
What is the corporate identification number (CIN) and company number of Adani Welspun Exploration Limited?
The corporate identification number (CIN) of Adani Welspun Exploration Limited is U40100GJ2005PLC046554 and the company number is 046554 as per Ministry of Corporate Affairs (MCA).
What is the official website of Adani Welspun Exploration Limited?
The Official website of Adani Welspun Exploration Limited is https://www.awel.com
What has been the recent revenue trend for Adani Welspun Exploration Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Adani Welspun Exploration Limited has risen by 71.66%.
How many employees does Adani Welspun Exploration Limited currently have?
As Per 2023 financial reports, 25 employees are currently employed by Adani Welspun Exploration Limited.
What change has been observed in the net worth of Adani Welspun Exploration Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Adani Welspun Exploration Limited has experienced an upsurge of 3.91%.
When was the last Balance Sheet of Adani Welspun Exploration Limited filed with the ROC?
The most recent Balance Sheet for Adani Welspun Exploration Limited was filed with the ROC on 31 Mar 2024.
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