Welspun Mercantile Limited - Company Profile

Q: Who are the current directors of Welspun Mercantile Limited?

The current directors of Welspun Mercantile Limited are Mohan Kasiviswanathan Manikkan, Lalchand Tekchand Hotwani, Dipali Balkrishan Goenka.

It is a financial services public limited company based in Anjar, Gujarat, India, established in 1989.

1989 Anjar, Gujarat, India Amalgamated

Last Updated: July 25, 2025

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About Welspun Mercantile Limited

Welspun Mercantile Limited, a amalgamated public limited company, was established on 19 June 1989 in Anjar, Gujarat, India. Engaging in financial activities within the financial services sector, it holds CIN: U70100GJ1989PLC056345. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.57 Cr and a paid-up capital of ₹1.31 Cr.

Its leadership includes Mohan Kasiviswanathan Manikkan (Director), Lalchand Tekchand Hotwani (Director), Dipali Balkrishan Goenka (Director). Past directors included Rajesh Rameshkumar Mandawewala, Balkrishan Gopiram Goenka. Its latest AGM occurred on 22 September 2015, with the balance sheet filed on 31 March 2015. It is based at Welspun City Village Varsamedi, Anjar, Gujarat, 370110.

Company Details

CIN/LLPIN
U70100GJ1989PLC056345
Registration Number
056345
Incorporation Date
19 June 1989
Authorized Capital
₹2.57 Cr
Paid-Up Capital
₹1.31 Cr
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 2.57 Cr as on 25-07-2025
Paid Up Capital ₹ 1.31 Cr as on 25-07-2025
Company Age 36 Year, 8 Months
Last Filing with ROC 31 Mar 2015

Comprehensive Company Insights

Explore comprehensive insights into Welspun Mercantile Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Welspun Mercantile Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mohan Kasiviswanathan Manikkan	Director	30 Jan 2006	Current
Lalchand Tekchand Hotwani	Director	19 Dec 2005	Current
Dipali Balkrishan Goenka	Director	30 Jan 2006	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	02 Sep 2015	Past
Pramod Abcsdd	Director	25 Mar 2011	Past

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Financial Performance of Welspun Mercantile.

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Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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What is the Ownership and Shareholding Structure of Welspun Mercantile?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Welspun Mercantile?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Welspun Mercantile

Recent Activity within the Organization

Annual General Meeting

Progress on Welspun Mercantile Limited last Annual general meeting of members was held on 22 Sep 2015 as per latest MCA records. was documented.
22 Sep 2015
Balance Sheet

Welspun Mercantile Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Ahmedabad. was recorded as a recent event.
31 Mar 2015
Director Appointment

The activity Mohan Kasiviswanathan Manikkan was appointed as a Director was appointed as a Director on 30 Jan 2006 & has been associated with this company since 20 years 1 month . was completed.
30 Jan 2006
Director Appointment

Progress on Dipali Balkrishan Goenka was appointed as a Director was appointed as a Director on 30 Jan 2006 & has been associated with this company since 20 years 1 month . was documented.
30 Jan 2006
Director Appointment

The activity Lalchand Tekchand Hotwani was appointed as a Director was appointed as a Director on 19 Dec 2005 & has been associated with this company since 20 years 2 months . was completed.
19 Dec 2005
Company Incorporation

Welspun Mercantile Limited was registered on 19 Jun 1989 with Roc Ahmedabad & aged 36 years 8 months as per MCA records. was recorded as a recent event.
19 Jun 1989

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