Welspun Enterprises Limited logo

Welspun Enterprises Limited

Company specializes in construction and operation of BOT/HAM projects, with focus on roads and urban infrastructure.

1994 Kachchh, Gujarat (India) Active

About

Basic Data Updated:

27 days ago

Welspun 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

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNL45201GJ1994PLC023920
Company No.023920
Stock Symbol BSE : 532553 NSE : WELENT
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date20 Dec 1994
Date of AGM22 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Ahmedabad

Products or Services related to Welspun Enterprises Limited

Hot Rolled MS Coil

Steel and Stainless Steel Coils

Steel Alloy

Industrial Steel

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Welspun Enterprises Limited offers a wide range of products and services, including: Steel & Stainless Steel Products, Steel and Stainless Steel Coils, Industrial Steel.

Financials of Welspun Enterprises Limited

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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

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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

Executive Team (3)

  • sandeep_garg_570921.png
    Sandeep Garg In Managing Director

    Appointment Date: 16-Jul-2012

    Status: Current

  • NT

    Nidhi Thakkar Company Secretary

    Appointment Date: 01-Jan-2023

    Status: Current

  • LJ

    Lalit Jain In CFO

    Appointment Date: 01-Feb-2023

    Status: Current

Board Members(8)

Charges (Loans)

Open Charges Satisfied Charges

₹3,514.19 cr

₹15,615.57 cr

LenderAmountStatus

Yes Bank Limited

Creation Date: 12 Sep 2023
₹240.00 CrOpen

Others

Creation Date: 14 Jan 2022
₹134.00 CrOpen

Axis Bank Limited

Creation Date: 20 Nov 2020
₹50.00 CrOpen

Deals i

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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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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.

Alert

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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.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    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 2024
  • Activity

    Charges

    A charge registered on 01 May 2019 via Charge ID 100262003 with Others was fully satisfied on 28 Dec 2023.

    28 Dec 2023
  • Activity

    Charges

    A charge registered on 16 Jun 2021 via Charge ID 100452465 with Others was fully satisfied on 05 Oct 2023.

    05 Oct 2023
  • Activity

    Annual General Meeting

    Welspun Enterprises Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023
  • Activity

    Charges

    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

Frequently asked questions

What is the Incorporation or founding date of Welspun Enterprises Limited?

Welspun Enterprises Limited was incorporated 29 years 4 months ago on 20 Dec 1994 with Registrar of Companies Roc Ahmedabad.

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