About
Basic Data Updated:
27 days agoWelspun Enterprises Limited is primarily engaged in construction, developing and maintaining BOT/HAM projects, as stated in its credit rating report. Currently, the company has two business interests which include the construction and operation of roads, highways, and other EPC business activities. PPP projects in various sectors such as roads, water supply, and urban infrastructure have been developed and are being operated by WEL. Many prestigious projects have been successfully completed by the company, with key clients including National Highways Authority of India (NHAI), Madhya Pradesh Road Development Corporation Ltd (MPRDC), Ministry of Road Transport and Highways, among others.
Industry
Company Details
- Location
Kachchh, Gujarat, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Welspun Enterprises Limited
Financials of Welspun Enterprises Limited
Welspun Enterprises Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 106.36% increase. The company also saw a substantial improvement in profitability, with a 663.18% increase in profit. The company's net worth Soared by an impressive increase of 30.15%.
Corporate Structure
Unlock access to Welspun Enterprises's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Welspun Enterprises Limited
Unlock and access historical data on people associated with Welspun Enterprises, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
- Sandeep Garg Managing Director
Appointment Date: 16-Jul-2012
Status: Current
NT
Nidhi Thakkar Company SecretaryAppointment Date: 01-Jan-2023
Status: Current
LJ
Lalit Jain CFOAppointment Date: 01-Feb-2023
Status: Current
Board Members(8)
Charges (Loans)
Lender | Amount | Status |
---|---|---|
Yes Bank Limited Creation Date: 12 Sep 2023 | ₹240.00 Cr | Open |
Others Creation Date: 14 Jan 2022 | ₹134.00 Cr | Open |
Axis Bank Limited Creation Date: 20 Nov 2020 | ₹50.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Welspun Enterprises, 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 Enterprises's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
Welspun Flooring Limited
Active 8 years 2 monthsRajesh Mandawewala and Dipali Goenka are mutual person
Michigan Engineers Pvt Ltd
Active 51 years 17 daysRajesh Mandawewala and Sandeep Garg are mutual person
Recent activity within the organization
Director Appointment
Subramanian Madhavan was appointed as a Director was appointed as a Director on 16 Apr 2024 & has been associated with this company since 1 month .
16 Apr 2024Charges
A charge registered on 01 May 2019 via Charge ID 100262003 with Others was fully satisfied on 28 Dec 2023.
28 Dec 2023Charges
A charge registered on 16 Jun 2021 via Charge ID 100452465 with Others was fully satisfied on 05 Oct 2023.
05 Oct 2023Annual General Meeting
Welspun Enterprises Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.
22 Sep 2023Charges
A charge with Yes Bank Limited amounted to Rs. 240.00 cr with Charge ID 100782216 was registered on 12 Sep 2023.
12 Sep 2023
Recent News, Updates & Announcement
- Welspun to invest Rs 1500 crore towards textile expansion capacity.
FashionatingWorld 12 Jan 2024
- Welspun Group To Invest Rs 500 Cr Towards Plastics Biz In J038K.
Dailyexcelsior 12 Jan 2024
- Welspun World commits Rs 40000 crore in Gujarats green energy shift.
Asian News International 10 Jan 2024
- Textile Company Welspun India Q2 Net Profit At Rs 966 Crore.
Btvi 08 Nov 2017
- Welspun Corp announces elevation of current CFO.
The pipe manufacturer announced the elevation of current its COO Vipul Mathur as Managing Director and CEO and it also elevated CFO and BU Head Plate and Coil Mill Division PCMD S Krishnan as Executive Director and CFO He will assume charge as CEO PCMD.
PTI 06 Nov 2017
Frequently asked questions
What is the Incorporation or founding date of Welspun Enterprises Limited?