Welspun Corp Profile
Key Indicators
- Authorised Capital ₹ 552.05 Cr
- Paid Up Capital ₹ 131.11 Cr
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6,558.00 Cr
- Satisfied Charges ₹ 9,748.12 Cr
- Revenue Growth 24.88%
- Profit Growth 8.84%
- Ebitda 121.87%
- Net Worth 13.68%
- Total Assets 7.51%
About Welspun Corp
Welspun Corp Limited (WCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 April 1995 and has a history of 29 years and nine months. Its registered office is in Kachchh, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532144 and on the National Stock Exchange(NSE) under WELCORP.
The Corporate was formerly known as Welspun-Gujarat Stahl Rohren Limited. The Company is engaged in the Manufacturing 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 552.05 Cr and a paid-up capital of Rs 131.11 Cr.
The company currently has active open charges totaling ₹6,558.00 Cr. The company has closed loans amounting to ₹9,748.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Welspun Corp Limited India are Vipul Mathur as Ceo, Percy Birdy as Cfo, and Pradeep Joshi as Company Secretary.
Company Details
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Location
Kachchh, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
Industry
What products or services does Welspun Corp Limited offer?
Welspun Corp Limited offers a wide range of products and services, including Coated Pipe, Arc Welding Machines, Submerged Arc Welder, Pipe Bending Machine, Rugs, Industrial Steel, Alloy Steel, Home Decor & Furnishing Fabrics, Home Textile, Industrial Steel Pipes.
Who are the key members and board of directors at Welspun Corp?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Percy Birdy
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CFO | 11-Jun-2018 | Current |
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Vipul Mathur
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CEO | 01-Dec-2017 | Current |
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Pradeep Joshi
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Company Secretary | 19-Jul-2007 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Dipali Sheth
|
Director | 04-Aug-2023 | Current |
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Rajesh Mandawewala
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Director | 26-Apr-1995 | Current |
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Balkrishan Goenka
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Director | 26-Apr-1995 | Current |
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Anjani Agrawal
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Director | 01-Apr-2023 | Current |
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Amita Misra
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Director | 07-Aug-2019 | Current |
Aneesh Misra
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Director | 04-Aug-2023 | Current |
Financial Performance of Welspun Corp.
Welspun Corp Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.88% increase. The company also saw a slight improvement in profitability, with a 8.84% increase in profit. The company's net worth Soared by an impressive increase of 13.68%.
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What is the Ownership and Shareholding Structure of Welspun Corp?
In 2023, Welspun Corp had a promoter holding of 49.99% and a public holding of 50.00%. The company had 10 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Welspun Specialty Solutions LimitedBalkrishan Goenka, Vipul Mathur and 1 more are mutual person
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Vodafone Idea LimitedAnjani Agrawal is a mutual person
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Organization Of Plastics Processors Of IndiaRajesh Mandawewala is a mutual person
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Welspun Michigan Engineers LimitedRajesh Mandawewala is a mutual person
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Spandana Sphoorty Financial LimitedDipali Sheth is a mutual person
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Laxmi Organic Industries LimitedManish Chokhani is a mutual person
Charges (Loans)
₹6,558.00 Cr
₹9,748.12 Cr
Charges Breakdown by Lending Institutions
- Others : 6054.00 Cr
- Idbi Trusteeship Services Limited : 304.00 Cr
- Axis Bank Limited : 100.00 Cr
- Yes Bank Limited : 100.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Mar 2024 | Others | ₹500.00 Cr | Open |
| 30 Nov 2022 | Others | ₹250.00 Cr | Open |
| 20 Oct 2022 | Others | ₹300.00 Cr | Open |
| 02 Sep 2022 | Yes Bank Limited | ₹100.00 Cr | Open |
| 02 Sep 2022 | Others | ₹250.00 Cr | Open |
How Many Employees Work at Welspun Corp?
Welspun Corp has a workforce of 2252 employees as of Mar 22, 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 Welspun Corp, 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 Welspun Corp'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.
