Welspun Michigan Engineers Limited

Welspun Michigan Engineers Limited - infrastructure and utilities in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U45300MH1973PLC016515 Incorporated 01 May 1973 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2025
₹672.39 Cr
▲ 62.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹1.74 Cr
Issued & subscribed
Open charges
₹395.44 Cr
Satisfied ₹152.86 Cr
Company age
53 yrs
Est. 1973
Employees · EPFO
197
Latest available

About Welspun Michigan Engineers Limited

Data last updated: 06 March 2026

Welspun Michigan Engineers Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Patel Engineering Limited. It specialises in general construction services, a part of the broader infrastructure and utilities sector. Incorporated on 01 May 1973, the company has been in operation for over 53 years.

Registered with ROC Mumbai under CIN U45300MH1973PTC016515.

Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹1.74 Cr. Formerly known as Michigan Engineers Ltd and Michigan Engineers Pvt Ltd. It is led by directors including Rajesh Rameshkumar Mandawewala and Abhishek Chaudhary.

Last AGM: 13 August 2025. Financial statements filed for year ended 31 March 2025. Office: 7Th Floor Welspun House Kamala City, Senapati Bapat Marg Lower Parel (West) Mumbai 400013, Maharashtra, India – 400013.

As per the financials filed for FY 2025, the company reported a revenue of ₹672.39 Cr, a growth of 62% compared to the previous year.

The company has a workforce of approximately 197 employees as per the latest available data. It operates as a subsidiary of Patel Engineering Limited.

As per MCA filings, the company has open charges of ₹395.44 Cr and satisfied charges of ₹152.86 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Welspun Michigan Engineers Limited
CIN U45300MH1973PLC016515
Registration Number 016515
Incorporation Date 01 May 1973
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 13 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Patel Engineering Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
  • Registered Address
    7Th Floor Welspun House Kamala City, Senapati Bapat Marg Lower Parel (West) Mumbai 400013, Maharashtra, India – 400013
  • Industry
    Infrastructure and Utilities, General Construction Services
Company report
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Financials, compliance, directors, charges, ownership and filings for Welspun Michigan Engineers Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Welspun Michigan Engineers Limited

Welspun Michigan Engineers Limited has undergone 2 name changes throughout its history. The company was previously known as Michigan Engineers Ltd, and Michigan Engineers Pvt Ltd. The current legal name is Welspun Michigan Engineers Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Welspun Michigan Engineers Limited Current
Michigan Engineers Ltd Previous
Michigan Engineers Pvt Ltd Previous

CIN History of Welspun Michigan Engineers Limited

Welspun Michigan Engineers Limited has one previous CIN (Corporate Identification Number): U45300MH1973PTC016515. The current CIN is U45300MH1973PLC016515, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U45300MH1973PLC016515 Current
U45300MH1973PTC016515 Previous

Business Activity of Welspun Michigan Engineers Limited

Welspun Michigan Engineers Limited is engaged in the principal business activity of construction, with detailed activities including roads, railways, utility projects.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
F Construction F2 Roads, railways, Utility projects Locked
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Business activity turnover details for Welspun Michigan Engineers Limited

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Board of Directors of Welspun Michigan Engineers Limited

Welspun Michigan Engineers Limited is currently managed by 9 directors, with 20 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Rajesh Rameshkumar Mandawewala Director 21 Aug 2023 2 Years 11 Months Current
Abhishek Chaudhary Director 28 Jan 2025 1 Years 5 Months Current
Ashish Gupta Director 23 Jul 2024 1 Years 11 Months Current
Aditya Vikram Harlalka Director 29 Jan 2024 2 Years 5 Months Current
Saurin Manubhai Patel Managing Director 16 Dec 2019 6 Years 7 Months Current
Mala Arun Todarwal Director 15 Feb 2024 2 Years 5 Months Current
Showing 6 of 9 current directors. View all directors

Financials of Welspun Michigan Engineers Limited FY 2025 filings available

Welspun Michigan Engineers Limited reported revenue of ₹672.39 Cr (up 62.00% YoY) for FY 2025.

Revenue · FY 2025
₹672.39 Cr ▲ 62.00%
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Ten-year financial statements for Welspun Michigan Engineers Limited

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Charges & Borrowings of Welspun Michigan Engineers Limited

Open charges
₹395.44 Cr
Satisfied charges
₹152.86 Cr
Breakdown by lending institutions
Yes Bank Limited₹240.00 Cr
Axis Bank Limited₹154.54 Cr
Others₹0.90 Cr
Latest charge details
DateLenderAmountStatus
26 Jun 2024 Axis Bank Limited ₹14.89 Cr Open
23 Nov 2023 Others ₹84.9 Lakh Open
28 Aug 2023 Axis Bank Limited ₹20 Cr Open
18 Dec 2021 Axis Bank Limited ₹1.6 Cr Open
17 Jun 2020 Axis Bank Limited ₹8.05 Cr Open

Total charge records: 31 View all charges

Employees and EPFO Compliance at Welspun Michigan Engineers Limited

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Employee and EPFO history for Welspun Michigan Engineers Limited

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GST Compliance of Welspun Michigan Engineers Limited

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GST registrations and filing compliance for Welspun Michigan Engineers Limited

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Credit Ratings, Litigation & Regulatory Alerts for Welspun Michigan Engineers Limited

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Credit ratings, litigation, and regulatory alerts for Welspun Michigan Engineers Limited

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MSME Payment Delays by Welspun Michigan Engineers Limited

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MSME payment history for Welspun Michigan Engineers Limited

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Subsidiaries & Group Companies of Welspun Michigan Engineers Limited

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Corporate group structure for Welspun Michigan Engineers Limited

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MCA Filings & Documents of Welspun Michigan Engineers Limited

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MCA filings and documents for Welspun Michigan Engineers Limited

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Recent Activity on Welspun Michigan Engineers Limited

Charges
15 Dec 2025
A charge with Yes Bank Limited of Rs. 240.00 Cr registered on 22 Dec 2007 with Charge ID 10147087 was modified on 15 Dec 2025.
Charges
09 Dec 2025
A charge registered on 09 Oct 2023 via Charge ID 100812815 with Others was fully satisfied on 09 Dec 2025.
Charges
19 Oct 2025
A charge registered on 28 Sep 2023 via Charge ID 100796836 with Others was fully satisfied on 19 Oct 2025.
Directors
17 Oct 2025
Hardik Vinay Dhebar was appointed as a Cfo on 17 Oct 2025 & has been associated with this company since 9 months 4 days.
Charges
01 Oct 2025
A charge registered on 05 Sep 2023 via Charge ID 100791867 with Others was fully satisfied on 01 Oct 2025.
Charges
26 Sep 2025
A charge registered on 04 Sep 2018 via Charge ID 100233681 with Others was fully satisfied on 26 Sep 2025.

Frequently Asked Questions about Welspun Michigan Engineers Limited

Welspun Michigan Engineers Limited is an active public limited company in the infrastructure and utilities sector based in Mumbai, Maharashtra, India. It was incorporated on 01 May 1973 (53+ years old) and is registered under CIN U45300MH1973PLC016515. The company has 197 employees.

Welspun Michigan Engineers Limited reported revenue of ₹672.39 Cr for FY 2025 (up 62.00% YoY).

The current directors of Welspun Michigan Engineers Limited are:

The primary industry of Welspun Michigan Engineers Limited is infrastructure and utilities. The company specifically operates in general construction services. The company is currently active in this sector.

Welspun Michigan Engineers Limited can be reached at the registered office: 7Th Floor Welspun House Kamala City, Senapati Bapat Marg Lower Parel West Mumbai 400013, Maharashtra, India – 400013.

The authorised capital is ₹15 Cr, and the paid-up capital is ₹1.74 Cr.

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