Welspun Specialty Solutions Profile
Key Indicators
- Authorised Capital ₹ 565.00 Cr
- Paid Up Capital ₹ 368.96 Cr
- Company Age 44 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 702.36 Cr
- Satisfied Charges ₹ 1,802.45 Cr
- Revenue Growth 91.93%
- Profit Growth -133.03%
- Ebitda 10.99%
- Net Worth -80.60%
- Total Assets 24.57%
About Welspun Specialty Solutions
Welspun Specialty Solutions Limited (WSSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 December 1980 and has a history of 44 years and one month. Its registered office is in Bharuch, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500365.
The Corporate was formerly known as Rmg Alloy Steel Limited. The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 565.00 Cr and a paid-up capital of Rs 368.96 Cr.
The company currently has active open charges totaling ₹702.36 Cr. The company has closed loans amounting to ₹1,802.45 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Welspun Specialty Solutions Limited India are Suhas Pawar as COMPANY SECRETARY and Navin Agarwal as Cfo. Balkrishan Goenka, Viswanathan Kollengode, Myneni Rao, and Five other members serve as directors at the Company.
Company Details
- Location
Bharuch, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L27100GJ1980PLC020358
- Company No.
020358
- Stock Symbol
BSE : 500365
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Dec 1980
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Welspun Specialty Solutions?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suhas Pawar  | Company Secretary | 31-Oct-2022 | Current |
| Navin Agarwal | CFO | 06-Jan-2025 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Viswanathan Kollengode | Director | 27-Apr-2022 | Current |
| Vipul Mathur | Director | 27-Apr-2022 | Current |
| Ravindra Pandey | Additional Director | 23-Nov-2024 | Current |
| Myneni Rao | Director | 28-Aug-2018 | Current |
| Balkrishan Goenka | Director | 06-Aug-2018 | Current |
| Anuj Burakia | Whole-Time Director | 28-May-2015 | Current |
Financial Performance of Welspun Specialty Solutions.
Welspun Specialty Solutions Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 91.93% increase. The company also saw a substantial fall in profitability, with a 133.03% decrease in profit. The company's net worth observed a substantial decline by a decrease of 80.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Welspun Specialty Solutions?
In 2024, Welspun Specialty Solutions had a promoter holding of 55.17% and a public holding of 44.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Welspun Captive Power Generation LimitedViswanathan Kollengode is a mutual person
Innomet Advanced Materials LimitedMyneni Rao is a mutual person
Pay10 Services Private LimitedRavindra Pandey is a mutual person
Welspun Corp LimitedBalkrishan Goenka, Amita Misra and 1 more are mutual person
- Welspun Di Pipes Limited
Amita Misra and Vipul Mathur are mutual person
Avantel LimitedMyneni Rao is a mutual person
Charges (Loans)
₹702.36 Cr
₹1,802.45 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 402.36 Cr
- Others : 300.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2022 | Idbi Trusteeship Services Limited | ₹300.00 Cr | Open |
| 12 Sep 2022 | Others | ₹160.00 Cr | Open |
| 30 Mar 2022 | Others | ₹140.00 Cr | Open |
| 14 Dec 2018 | Idbi Trusteeship Services Limited | ₹75.00 Cr | Open |
| 29 Jun 2010 | Idbi Trusteeship Services Limited | ₹27.36 Cr | Open |
How Many Employees Work at Welspun Specialty Solutions?
Unlock and access historical data on people associated with Welspun Specialty Solutions, 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 Specialty Solutions, 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 Specialty Solutions'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
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