Welspun New Energy Limited

Electricity generation, distribution, and supply using coal and lignite.

2022 | South Delhi, Delhi (India) | Active
Last Updated: October 27, 2024

Welspun New Energy Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 2 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.00 Cr

About Welspun New Energy

Welspun New Energy Limited (WNEL) is a Public Limited Indian Non-Government Company incorporated in India on 01 June 2022 (Two years and eight months 1 days old ). Its registered office is in South Delhi, Delhi, India.

The Corporate was formerly known as Yeona Renewable Energy Limited. The Company is engaged in the Energy And Power 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 1.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹50.00 Cr.

The Key Managerial Personnel (KMP) at Welspun New Energy Limited India are Prashant Jain as CFO and Kapil Maheshwari as Ceo. Rajesh Mandawewala, Balkrishan Goenka, Deepak Chauhan, and Two other members serve as directors at the Company.

Company Details

  • Location

    South Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40100DL2022PLC399468

  • Company No.

    399468

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 2022

  • Date of AGM

    20 Oct 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Energy and Power

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

Executive Team (2)

Name Designation Appointment Date Status
Kapil Maheshwari Country flag representing In CEO 01-Apr-2023 Current
Prashant Jain Country flag representing In CFO 30-Jun-2023 Current

Board Members (5)

Name Designation Appointment Date Status
Rajesh Mandawewala Country flag representing In Director 31-Jan-2023 Current
Kapil Maheshwari Country flag representing In Director and Ceo 01-Apr-2023 Current
Deepak Chauhan Country flag representing In Additional Director 24-Apr-2024 Current
Balkrishan Goenka Country flag representing In Director 31-Jan-2023 Current
Altaf Jiwani Country flag representing In Additional Director 07-Mar-2024 Current

Financial Performance of Welspun New Energy.

Welspun New Energy Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Welspun New Energy?

In 2023, Welspun New Energy had a promoter holding of 99.94% and a public holding of 0.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹500.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 50.00 Cr

Latest Charge Details

Date Lender Amount Status
13 Apr 2024 Yes Bank Limited ₹50.00 Cr Open

How Many Employees Work at Welspun New Energy?

Unlock and access historical data on people associated with Welspun New Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Welspun New Energy, 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 New Energy'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 New Energy

Recent activity within the organization

  • Director Appointment

    Deepak Chandrabhan Singh Chauhan was appointed as a Additional Director was appointed as a Additional Director on 24 Apr 2024 & has been associated with this company since 9 months 8 days .

    24 Apr 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 500.00 M with Charge ID 100898114 was registered on 13 Apr 2024.

    13 Apr 2024

  • Director Appointment

    Altaf A Jiwani was appointed as a Additional Director was appointed as a Additional Director on 07 Mar 2024 & has been associated with this company since 10 months 25 days .

    07 Mar 2024

  • Annual General Meeting

    Welspun New Energy Limited last Annual general meeting of members was held on 20 Oct 2023 as per latest MCA records.

    20 Oct 2023

  • Director Appointment

    Kapil Maheshwari was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 1 year 10 months .

    01 Apr 2023

  • Balance Sheet

    Welspun New Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

Frequently asked questions

  • Welspun New Energy Limited was incorporated on 01 Jun 2022.

  • The authorized share capital of Welspun New Energy Limited is ₹ 1.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 7 directors are associated with Welspun New Energy Limited.

    • Rajesh Rameshkumar Mandawewala
    • Balkrishan Gopiram Goenka
    • Deepak Chandrabhan Singh Chauhan
    • Altaf A Jiwani
    • Kapil Maheshwari
    • Prashant Jain
    • Kapil Maheshwari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Welspun New Energy Limited is 2Nd Flr Mira Corp Suites Plot No. 1 2 B Old Ishwar Nagar New Friends Colony, India, Delhi, 110065.

  • The corporate identification number (CIN) of Welspun New Energy Limited is U40100DL2022PLC399468 and the company number is 399468 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Welspun New Energy Limited is https://www.welspun.com

  • As per the financial statements for fiscal Year 2023, The total open charges for Welspun New Energy Limited amount to ₹ 50.00 Cr.

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

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