About Welspun Natural Resources Private Limited
Data last updated:
Welspun Natural Resources Private Limited was a private limited company based in Anjar, Gujarat, India, operated as a subsidiary of Welspun Enterprises Limited. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the oil and gas infrastructure services segment of the energy and power sector. It was incorporated on 07 September 2006.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U11201GJ2006PTC064142. Its GSTIN is 24AAACW6646F1ZC (Gujarat). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹80 Cr and a paid-up capital of ₹74.08 Cr. It was led by directors Anil Kumar Birla and Yogen Babulal Lal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Anjar, Gujarat.
As per the financials filed for FY 2021, the company reported a revenue of ₹28,000, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹14.67 Cr and EBITDA of -₹10.54 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 94% over three years and 53% over five years.
Court records list 3 cases involving the company, including 3 filed by the company. The company has 9 deals on record (4 convertible or debt financings, 2 secondary share transfers, 2 acquisitions), with disclosed funding of ₹131.56 Cr; the latest was in December 2019.
The last known website on record is welspun.com.
Company details
CIN history
Welspun Natural Resources has one previous CIN (Corporate Identification Number): U11201MH2006PTC164395. The current CIN is U11201GJ2006PTC064142, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U11201GJ2006PTC064142 | Current |
| U11201MH2006PTC164395 | Previous |
Contact details
Welspun Natural Resources Private Limited's registered office is in Anjar, Gujarat. Its website is welspun.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressWelspun City Village Versamedi Taluka, Kutch India, Anjar, Gujarat, India – 370110
- IndustryEnergy and Power, Oil & Gas Infrastructure Services
To see the full contact details of Welspun Natural Resources Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Welspun Natural Resources Private Limited
FY 2022 filings availableWelspun Natural Resources Private Limited reported revenue of ₹28,000 (down 99% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 53% over five years, including a 99% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹28,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹10.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.67 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Welspun Natural Resources Private Limited, buy the company report.
Board of directors and KMP of Welspun Natural Resources Private Limited
Welspun Natural Resources Private Limited currently reports 2 directors and 1 key managerial person. 20 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Kumar Birla | Director | 08 Aug 2022 | 4 Years 3 Months | As last reported |
| Lalit Kumar Jain | Cfo | 23 Oct 2020 | 6 Years 0 Months | As last reported |
| Yogen Babulal Lal Also directs: Dme Infra Private Limited, Welspun Aunta-Simaria Project Private Limited, Welspun Edac JV Private Limited and 2 more | Director | 29 Sep 2020 | 6 Years 1 Months | As last reported |
Auditor
Welspun Natural Resources Private Limited is audited by NGS & Co. LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NGS & Co. LLP | FY 2021 | 119850W |
Shareholding
The shareholding of Welspun Natural Resources Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Welspun Natural Resources Private Limited, buy the company report.
Deals & funding
Welspun Natural Resources Private Limited has 9 deals on record (4 convertible or debt financings, 2 secondary share transfers, 2 acquisitions), with disclosed funding of ₹131.56 Cr; the latest was in December 2019.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2014 | Acquisition | ₹126.97 Cr | Buyer: Welspun Enterprises Limited |
| Mar 2014 | Acquisition | ₹1.88 Cr | Buyer: Welspun Enterprises Limited Seller: Welspun Corp Limited |
| Nov 2010 | Funding round | ₹18.65 Cr | Investors: Welspun Corp Limited |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Welspun Corp Limited Seller: Welspun Mercantile Limited , Welspun Fintrade Private Limited |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Welspun Corp Limited , Welspun Fintrade Private Limited , Welspun Mercantile Limited Seller: 2 individuals |
To see the full deal history of Welspun Natural Resources Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Welspun Natural Resources Private Limited has 3 court cases on record: 3 filed by Welspun Natural Resources. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Union India Through Minstry of Petroleum and Natural Gas, Govt. of India and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India Thro Secretray and 2 others | Disposed |
To see the full case history of Welspun Natural Resources Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Welspun Natural Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Welspun Natural Resources has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
Welspun Natural Resources has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACW6646F1ZC | Gujarat | Active | 04 Dec 2017 |
| 27AAACW6646F1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Welspun Natural Resources Private Limited, buy the company report.
Recent activity
Welspun Natural Resources Private Limited has 21 board changes on record since 2008: 3 appointments and 18 cessations. The latest: Anil Kumar Birla ceased to be Additional Director on 30 Sep 2022.
12 earlier events are in the company report.
News
Frequently asked questions
Welspun Natural Resources has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Welspun Natural Resources was a private limited company based in Anjar, Gujarat, India. The company worked in oil and gas infrastructure services, within the energy and power industry. It was incorporated on 07 September 2006 and is registered under CIN U11201GJ2006PTC064142. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Welspun Natural Resources was incorporated on 07 September 2006. It is registered with the Registrar of Companies, Ahmedabad.
Welspun Natural Resources had 3 directors and KMP:
- Anil Kumar Birla - Director
- Yogen Babulal Lal - Director
- Lalit Kumar Jain - Cfo
The CIN (Corporate Identification Number) of Welspun Natural Resources is U11201GJ2006PTC064142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Welspun Natural Resources is at Welspun City Village Versamedi Taluka, Kutch India, Anjar, Gujarat, India – 370110.
Welspun Natural Resources can be reached through the website welspun.com. Its registered office is in Anjar, Gujarat, India.
The latest financial statements of Welspun Natural Resources on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Welspun Natural Resources is 24AAACW6646F1ZC, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAACW6646F1Z6 (Maharashtra).
Welspun Natural Resources operated in the energy and power industry, in the oil and gas infrastructure services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
