It is a infrastructure and utilities public limited company based in Mumbai, Maharashtra, India, established in 1973.
1973 | Mumbai, Maharashtra, India | ActiveWelspun Michigan Engineers Limited, a active public limited company, was established on 01 May 1973 in Mumbai, Maharashtra, India. Engaging in general construction services within the construction sector, it holds CIN: U45300MH1973PLC016515. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹1.74 Cr.
Formerly known as Michigan Engineers Ltd, Michigan Engineers Pvt Ltd. It upholds a compliant status. Employing 127 professional, Its leadership includes Rajesh Rameshkumar Mandawewala (Director), Abhishek Chaudhary (Director), Ashish Gupta (Director). Past directors included Rajesh Rameshkumar Mandawewala, Ramasubramanian Kuppusubramanian, Akhil Jindal. It holds ₹371.29 Cr open charges and ₹152.01 Cr settled loans. Its latest AGM occurred on 13 August 2025, with the balance sheet filed on 31 March 2025. It is based at 7Th Floor, Welspun House, Kamala City,, Senapati Bapat Marg, Lower Parel (West), Mumbai 400013, Mumbai, Maharashtra, 400013.
U45300MH1973PLC016515
016515
01 May 1973
₹15.00 Cr
₹1.74 Cr
Roc Mumbai
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajesh Rameshkumar Mandawewala | Director | 21 Aug 2023 | Current |
| Abhishek Chaudhary | Director | 28 Jan 2025 | Current |
| Ashish Gupta | Director | 23 Jul 2024 | Current |
| Aditya Vikram Harlalka | Director | 29 Jan 2024 | Current |
| Saurin Manubhai Patel | Managing Director | 16 Dec 2019 | Current |
| Mala Arun Todarwal | Director | 15 Feb 2024 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 21 Aug 2023 | Past |
| Pramod Abcsdd | Additional Director | 24 May 2023 | Past |
| Pramod Abcsdd | Additional Director | 21 Aug 2023 | Past |
| Pramod Abcsdd | Additional Director | 30 Mar 2025 | Past |
| Pramod Abcsdd | Nominee Director | 21 Aug 2023 | Past |
| Pramod Abcsdd | Additional Director | 23 Sep 2024 | Past |
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Welspun Michigan Engineers Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.96% increase. The company also saw a substantial improvement in profitability, with a 58.37% increase in profit. The company's net worth Soared by an impressive increase of 21.33%.
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In 2023, Welspun Michigan Engineers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹3,712,927,473.00
₹1,520,147,535.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2024 | Axis Bank Limited | ₹14.89 Cr | Open |
| 23 Nov 2023 | Others | ₹8.49 M | Open |
| 09 Oct 2023 | Others | ₹8.49 M | Open |
| 28 Aug 2023 | Axis Bank Limited | ₹20.00 Cr | Open |
| 18 Dec 2021 | Axis Bank Limited | ₹1.60 Cr | Open |
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Welspun Michigan Engineers has a workforce of 127 employees as of Sep 12, 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.
Gain comprehensive insights into the Deals and Valuation data of Welspun Michigan Engineers, 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 Michigan Engineers's trajectory.
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The activity A charge registered on 28 Sep 2023 via Charge ID 100796836 with Others was fully satisfied on 19 Oct 2025. was completed.
Hardik Vinay Dhebar was appointed as a Cfo was appointed as a Cfo on 17 Oct 2025 & has been associated with this company since 2 months 5 days . was recorded as a recent event.
A charge registered on 05 Sep 2023 via Charge ID 100791867 with Others was fully satisfied on 01 Oct 2025. was recorded as a recent event.
The activity A charge registered on 04 Sep 2018 via Charge ID 100233681 with Others was fully satisfied on 26 Sep 2025. was completed.
Progress on A charge registered on 07 Feb 2013 via Charge ID 10402359 with Hdfc Bank Limited was fully satisfied on 22 Sep 2025. was documented.
The activity Santosh Kumar Verma was appointed as a Ceo was appointed as a Ceo on 02 Sep 2025 & has been associated with this company since 3 months 19 days . was completed.
The CIN of Welspun Michigan Engineers Limited is U45300MH1973PLC016515.
Welspun Michigan Engineers Limited is headquartered at 7Th Floor, Welspun House, Kamala City,, Senapati Bapat Marg, Lower Parel (West), Mumbai 400013, Mumbai, Maharashtra, 400013.
Welspun Michigan Engineers Limited was incorporated on 01 May 1973.
The current directors of Welspun Michigan Engineers Limited are
The primary industry of Welspun Michigan Engineers Limited is Construction.
Welspun Michigan Engineers Limited is unlisted.
The authorized capital of Welspun Michigan Engineers Limited is ₹15.00 Cr, and the paid-up capital is ₹1.74 Cr.
The compliance status of Welspun Michigan Engineers Limited is Compliant.
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