Welspun Corp Limited

Founded in 1995 and headquartered in Gujarat, India.

1995 | Kachchh, Gujarat (India) | Active
Last Updated:

Welspun Corp Profile

Key Indicators

  • Authorised Capital ₹ 552.05 Cr
  • Paid Up Capital ₹ 131.17 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8,395.00 Cr
  • Satisfied Charges ₹ 9,852.12 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 ten 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 2024. It's a company limited by shares with an authorized capital of Rs 552.05 Cr and a paid-up capital of Rs 131.17 Cr.

The company currently has active open charges totaling ₹8,395.00 Cr. The company has closed loans amounting to ₹9,852.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Welspun Corp Limited India are Kamal Rathi as Company Secretary, Vipul Mathur as Ceo, and Percy Birdy as Cfo. Rajesh Mandawewala, Chandra Verma, Ravindra Pandey, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27100GJ1995PLC025609

  • Company No.

    025609

  • Stock Symbol

    BSE : 532144 NSE : WELCORP

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 1995

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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)

NameDesignationAppointment DateStatus
Vipul Mathur Country flag representing In Managing Director01-Dec-2017Current
Percy Birdy Country flag representing In CFO11-Jun-2018Current
Kamal Rathi Country flag representing In Company Secretary13-Nov-2024Current

Board Members (9)

NameDesignationAppointment DateStatus
Dipali Sheth Country flag representing In Director 04-Aug-2023Current
Ravindra Pandey Country flag representing In Director 21-Oct-2024Current
Rajesh Mandawewala Country flag representing In Director 26-Apr-1995Current
Balkrishan Goenka Country flag representing In Director 26-Apr-1995Current
Anjani Agrawal Country flag representing In Director 01-Apr-2023Current
Chandra Verma Country flag representing In Director 09-Dec-2024Current

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%.

Welspun Corp revenue growth over time
Welspun Corp profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
24.88%
Revenue from Operations
30.80%
Total Assets
7.51%
Profit or Loss
8.84%
Net Worth
13.68%
EBITDA
121.87%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8,395.00 Cr

Satisfied Charges

₹9,852.12 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 5700.00 Cr
  • Others : 2245.00 Cr
  • Yes Bank Limited : 350.00 Cr
  • Axis Bank Limited : 100.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2024Others₹500.00 CrOpen
30 Nov 2022Others₹250.00 CrOpen
20 Oct 2022Others₹300.00 CrOpen
02 Sep 2022Yes Bank Limited₹350.00 CrOpen
02 Sep 2022Others₹250.00 CrOpen

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.

Employee growth trends for Welspun Corp Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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 Welspun Corp

Recent activity within the organization

  • Charges

    A charge registered on 18 Sep 2017 via Charge ID 100126178 with Idbi Trusteeship Services Limited was fully satisfied on 17 Feb 2025.

  • Director Appointment

    Chandra Shekhar Verma was appointed as a Director was appointed as a Director on 09 Dec 2024 & has been associated with this company since 2 months 28 days .

  • Director Appointment

    Raghupal Singh was appointed as a Nominee Director was appointed as a Nominee Director on 09 Dec 2024 & has been associated with this company since 2 months 28 days .

  • Director Appointment

    Kamal Rathi was appointed as a Company Secretary was appointed as a Company Secretary on 13 Nov 2024 & has been associated with this company since 3 months 23 days .

  • Director Appointment

    Ravindra Pandey was appointed as a Director was appointed as a Director on 21 Oct 2024 & has been associated with this company since 4 months 16 days .

  • Annual General Meeting

    Welspun Corp Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Welspun Corp Limited?

    Welspun Corp Limited was incorporated on 26 Apr 1995.

  • What is authorized share capital and paid-up capital of Welspun Corp Limited?

    The authorized share capital of Welspun Corp Limited is ₹ 552.05 Cr and paid-up capital is ₹ 131.17 Cr.

  • Who are the current board members & directors of Welspun Corp Limited?

    Currently 13 directors are associated with Welspun Corp Limited.

    • Rajesh Rameshkumar Mandawewala
    • Chandra Shekhar Verma
    • Ravindra Pandey
    • Dipali Hemant Sheth
    • Vipul Mathur
    • Anjani Kumar Agrawal
    • Raghupal Singh
    • Kamal Rathi
    • Vipul Mathur
    • Percy Kershasp Birdy
    • Aneesh Misra
    • Balkrishan Gopiram Goenka
    • Manish Balkishan Chokhani

  • What is the registered address of Welspun Corp Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Welspun Corp Limited is Welspun City Village Versamedi, Taluka India, Anjar, Gujarat, 370110.

  • What is the corporate identification number (CIN) and company number of Welspun Corp Limited?

    The corporate identification number (CIN) of Welspun Corp Limited is L27100GJ1995PLC025609 and the company number is 025609 as per Ministry of Corporate Affairs (MCA).

  • Is Welspun Corp Limited registered with any stock exchange in India?

    Yes, Welspun Corp Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): WELCORP.

  • What is the official website of Welspun Corp Limited?

    The Official website of Welspun Corp Limited is https://www.welspuncorp.com

  • What has been the recent revenue trend for Welspun Corp Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Welspun Corp Limited has risen by 24.88%.

  • How many employees does Welspun Corp Limited currently have?

    As Per 2023 financial reports, 2252 employees are currently employed by Welspun Corp Limited.

  • What change has been observed in the net worth of Welspun Corp Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Welspun Corp Limited has experienced an upsurge of 13.68%.

  • What are the total open charges for Welspun Corp Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Welspun Corp Limited amount to ₹ 8,395.00 Cr.

  • When was the last Balance Sheet of Welspun Corp Limited filed with the ROC?

    The most recent Balance Sheet for Welspun Corp Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Pipe & Tubes