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
Last Updated:

Welspun Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 275.00 Cr
  • Paid Up Capital ₹ 138.41 Cr
  • Company Age 30 Year, 3 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 three 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

  • CIN/LLPIN

    L45201GJ1994PLC023920

  • Company No.

    023920

  • Stock Symbol

    BSE : 532553 NSE : WELENT

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Dec 1994

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Infrastructure and Utilities

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.

Company report

Welspun Enterprises Limited

Explore comprehensive data for Welspun Enterprises Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Welspun Enterprises?

Executive Team (3)

NameDesignationAppointment DateStatus
Sandeep Garg Country flag representing In Managing Director16-Jul-2012Current
Lalit Jain Country flag representing In CFO01-Feb-2023Current
Nidhi Thakkar Company Secretary01-Jan-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Subramanian Madhavan Country flag representing In Director 16-Apr-2024Current
Rajesh Mandawewala Country flag representing In Director 06-Jul-2012Current
Raghav Chandra Country flag representing In Director 15-May-2019Current
Balkrishan Goenka Country flag representing In Whole-Time Director 27-Apr-2010Current
Anoop Mittal Country flag representing In Director 16-Jun-2021Current
Aruna Sharma Country flag representing In Director 29-Jan-2019Current

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%.

Welspun Enterprises revenue growth over time
Welspun Enterprises 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
106.36%
Revenue from Operations
104.78%
Total Assets
25.22%
Profit or Loss
663.18%
Net Worth
30.15%
EBITDA
64.22%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3,607.44 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
14 Jan 2022Others₹134.00 CrOpen
20 Nov 2020Axis Bank Limited₹50.00 CrOpen
16 Mar 2019Others₹2,600.00 CrOpen
13 Feb 2019Others₹107.59 CrOpen
19 Feb 2018Others₹706.05 CrOpen

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.

Employee growth trends for Welspun Enterprises Limited

Deals i

Graph showing company valuation over time

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

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 Enterprises

Recent activity within the organization

  • Charges

    A charge registered on 06 Dec 2012 via Charge ID 10393829 with State Bank Of Travancore was fully satisfied on 03 Sep 2024.

  • Charges

    A charge registered on 17 Mar 2003 via Charge ID 90103535 with Kotak Mahindra Finance Ltd. was fully satisfied on 14 Aug 2024.

  • Charges

    A charge registered on 12 Sep 2023 via Charge ID 100782216 with Yes Bank Limited was fully satisfied on 12 Aug 2024.

  • Charges

    A charge registered on 06 Mar 2009 via Charge ID 10150782 with Kotak Mahindra Bank Limited was fully satisfied on 02 Aug 2024.

  • Charges

    A charge registered on 06 Aug 2008 via Charge ID 10119218 with Kotak Mahindra Bank Limited was fully satisfied on 02 Aug 2024.

  • Charges

    A charge registered on 21 Apr 2008 via Charge ID 10106760 with Kotak Mahindra Bank Limited was fully satisfied on 02 Aug 2024.

Recent News, Updates & Announcement

Frequently asked questions

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

    Welspun Enterprises Limited was incorporated on 20 Dec 1994.

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

    The authorized share capital of Welspun Enterprises Limited is ₹ 275.00 Cr and paid-up capital is ₹ 138.41 Cr.

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

    Currently 9 directors are associated with Welspun Enterprises Limited.

    • Rajesh Rameshkumar Mandawewala
    • Sandeep Garg
    • Raghav Chandra
    • Balkrishan Gopiram Goenka
    • Anoop Kumar Mittal
    • Subramanian Madhavan
    • Aruna Sharma
    • Lalit Jain
    • Nidhi Anand Thakkar

  • What is the registered address of Welspun Enterprises Limited?

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

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

    The corporate identification number (CIN) of Welspun Enterprises Limited is L45201GJ1994PLC023920 and the company number is 023920 as per Ministry of Corporate Affairs (MCA).

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

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

  • What is the official website of Welspun Enterprises Limited?

    The Official website of Welspun Enterprises Limited is https://www.welspunenterprises.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Welspun Enterprises Limited has risen by 106.36%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Welspun Enterprises Limited has experienced an upsurge of 30.15%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Welspun Enterprises Limited amount to ₹ 3,607.44 Cr.

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

    The most recent Balance Sheet for Welspun Enterprises Limited was filed with the ROC on 31 Mar 2023.

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