Welspun Enterprises Profile
Key Indicators
- Authorised Capital ₹ 275.00 Cr
- Paid Up Capital ₹ 138.41 Cr
- Company Age 30 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3,607.44 Cr
- Satisfied Charges ₹ 15,922.31 Cr
- Revenue Growth 106.36%
- Profit Growth 663.18%
- Ebitda 64.22%
- Net Worth 30.15%
- Total Assets 25.22%
About Welspun Enterprises
Welspun Enterprises Limited (WEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 December 1994 and has a history of 30 years and two months. Its registered office is in Kachchh, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532553 and on the National Stock Exchange(NSE) under WELENT.
The Corporate was formerly known as Welspun Projects Limited. The Company is engaged in the Infrastructure And Utilities 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 275.00 Cr and a paid-up capital of Rs 138.41 Cr.
The company currently has active open charges totaling ₹3,607.44 Cr. The company has closed loans amounting to ₹15,922.31 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Welspun Enterprises Limited India are Lalit Jain as CFO and Nidhi Thakkar as Company Secretary. Rajesh Mandawewala, Sandeep Garg, Raghav Chandra, and Four 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
Industry
What products or services does Welspun Enterprises Limited offer?
Welspun Enterprises Limited offers a wide range of products and services, including Steel & Stainless Steel Products, Steel and Stainless Steel Coils, Industrial Steel.
Who are the key members and board of directors at Welspun Enterprises?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Garg  | Managing Director | 16-Jul-2012 | Current |
| Lalit Jain | CFO | 01-Feb-2023 | Current |
| Nidhi Thakkar | Company Secretary | 01-Jan-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subramanian Madhavan | Director | 16-Apr-2024 | Current |
| Rajesh Mandawewala | Director | 06-Jul-2012 | Current |
| Raghav Chandra | Director | 15-May-2019 | Current |
| Balkrishan Goenka | Whole-Time Director | 27-Apr-2010 | Current |
| Anoop Mittal | Director | 16-Jun-2021 | Current |
| Aruna Sharma | Director | 29-Jan-2019 | Current |
Financial Performance of Welspun Enterprises.
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Welspun Enterprises?
In 2022, Welspun Enterprises had a promoter holding of 53.49% and a public holding of 46.50%. The company had 16 Subsidiaries and 6 Associate Companies. 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
Organization Of Plastics Processors Of IndiaRajesh Mandawewala is a mutual person
Welspun Michigan Engineers LimitedRajesh Mandawewala and Sandeep Garg are mutual person
Berger Paints India LimitedAnoop Mittal is a mutual person
Shopkhoj Content Private LimitedSubramanian Madhavan is a mutual person
Eicher Motors LimitedSubramanian Madhavan is a mutual person
Charges (Loans)
₹3,607.44 Cr
₹15,922.31 Cr
Charges Breakdown by Lending Institutions
- Others : 3547.64 Cr
- Axis Bank Limited : 50.20 Cr
- Idbi Bank Ltd. : 8.30 Cr
- Srei Infrastructure Finance Ltd : 0.98 Cr
- Srei Infrastructure Finance Limited : 0.32 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jan 2022 | Others | ₹134.00 Cr | Open |
| 20 Nov 2020 | Axis Bank Limited | ₹50.00 Cr | Open |
| 16 Mar 2019 | Others | ₹2,600.00 Cr | Open |
| 13 Feb 2019 | Others | ₹107.59 Cr | Open |
| 19 Feb 2018 | Others | ₹706.05 Cr | Open |
How Many Employees Work at Welspun Enterprises?
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.
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
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.
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