Welspun Steel Profile
Key Indicators
- Authorised Capital ₹ 1,066.06 Cr
- Paid Up Capital ₹ 433.96 Cr
- Company Age 20 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 3,090.41 Cr
- Revenue Growth -99.18%
- Profit Growth -84.54%
- Ebitda -107.28%
- Net Worth -74.81%
- Total Assets -80.70%
About Welspun Steel
Welspun Steel Limited (WSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 June 2004 and has a history of 20 years and eight months. Its registered office is in Kachchh, Gujarat, India.
The Corporate was formerly known as Welspun Power And Steel Private Limited. The Company is engaged in the Metals And Minerals 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 1,066.06 Cr and a paid-up capital of Rs 433.96 Cr.
The company has closed loans amounting to ₹3,090.41 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Welspun Steel Limited India are Parul Rathore as COMPANY SECRETARY and Dilip Chokhra as Cfo. Sitaram Damodardas, Hardik Dhebar, Mala Todarwal, and One other member 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
U27109GJ2004PLC044249
- Company No.
044249
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Jun 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Welspun Steel Limited offer?
Welspun Steel Limited offers a wide range of products and services, including Minerals and Ores, Iron Ore, Business Planning and Management, Business Consultant, Steel Bars, Rods, Plates & Sheets, Steel Bars, Environment Protection & Auditing, Environment Protection Services, Environmental Consultants, Metal Pipe & Plumbing Fittings.
Who are the key members and board of directors at Welspun Steel?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Parul Rathore | Company Secretary | 02-May-2024 | Current |
| Dilip Chokhra | CFO | 01-May-2022 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sitaram Damodardas  | Director | 30-Mar-2024 | Current |
| Hardik Dhebar | Director | 14-Dec-2023 | Current |
| Mala Todarwal | Director | 30-Mar-2022 | Current |
| Dilip Chokhra | Whole-Time Director | 01-May-2022 | Current |
Financial Performance of Welspun Steel.
Welspun Steel Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.18% decrease. The company also saw a substantial fall in profitability, with a 84.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 74.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Welspun Steel?
In 2022, Welspun Steel had a promoter holding of 96.91% and a public holding of 3.09%. The company had 3 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Welspun Michigan Engineers LimitedMala Todarwal is a mutual person
Daman Hospitality Private LimitedHardik Dhebar is a mutual person
Aym Syntex LimitedMala Todarwal is a mutual person
Arun Todarwal & Co LlpMala Todarwal is a mutual person
Arun Todarwal & Associates LlpMala Todarwal is a mutual person
Angel One LimitedMala Todarwal is a mutual person
Charges (Loans)
₹0
₹3,090.41 Cr
Charges Breakdown by Lending Institutions
- Others : 1141.00 Cr
- Icici Bank Limited : 550.00 Cr
- Idbi Trusteeship Services Limited : 325.00 Cr
- Bank Of Baroda : 273.26 Cr
- Punjab National Bank : 125.20 Cr
- Others : 675.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2019 | Hdfc Bank Limited | ₹40.00 Cr | Satisfied |
| 14 Dec 2018 | Idbi Trusteeship Services Limited | ₹100.00 Cr | Satisfied |
| 14 Dec 2018 | Idbi Trusteeship Services Limited | ₹75.00 Cr | Satisfied |
| 14 Aug 2018 | Others | ₹101.00 Cr | Satisfied |
| 27 Mar 2017 | Others | ₹85.00 Cr | Satisfied |
How Many Employees Work at Welspun Steel?
Welspun Steel has a workforce of 2 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Welspun Steel, 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 Steel'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
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.
