Welspun Steel Limited Company Logo

Welspun Steel Limited - Company Profile

It is a metals and minerals public limited company based in Dist Kutch, Gujarat, India, established in 2004.

2004 | Dist Kutch, Gujarat, India | Active
Last Updated:

About Welspun Steel Limited

Welspun Steel Limited, a active public limited company, was established on 03 June 2004 in Dist Kutch, Gujarat, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U27109GJ2004PLC044249. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1,066.06 Cr and a paid-up capital of ₹433.96 Cr.

Formerly known as Welspun Power And Steel Limited, Welspun Power And Steel Private Limited. It upholds a compliant status. Employing 2 professional, Its leadership includes Sitaram Somani Damodardas (Director), Hardik Vinay Dhebar (Director), Dilip Kumar Chokhra (Cfo). Past directors included Atul Manubhai Desai, Sitaram Somani Damodardas, Rakhesh Rajasekharan Nair. It holds no open charges and ₹3,090.41 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at S N 650 Village Varsamedital Anjar, Dist Kutch, Gujarat, 370110.

Company Details

  • CIN/LLPIN

    U27109GJ2004PLC044249

  • Registration Number

    044249

  • Incorporation Date

    03 June 2004

  • Authorized Capital

    ₹1,066.06 Cr

  • Paid-Up Capital

    ₹433.96 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1,066.06 Cr
  • Paid Up Capital ₹ 433.96 Cr
  • Company Age 21 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3,090.41 Cr
  • Revenue Growth -12.82%
  • Profit Growth -87.53%
  • Ebitda 68.49%
  • Net Worth -0.54%
  • Total Assets -0.76%
Company report

Welspun Steel Limited

Company Report FY 2025-2026

Explore comprehensive insights into Welspun Steel 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 Steel Limited?

Current Directors

NameDesignationAppointment DateStatus
Sitaram Somani DamodardasDirector30 Mar 2024Current
Hardik Vinay DhebarDirector14 Dec 2023Current
Dilip Kumar ChokhraCfo01 May 2022Current
Amita Sachin KariaAdditional Director31 Mar 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director29 Sep 2012Past
Pramod AbcsddDirector16 Jul 2020Past
Pramod AbcsddCompany Secretary30 May 2009Past
Pramod AbcsddCompany Secretary31 Mar 2022Past
Pramod AbcsddDirector01 Apr 2009Past
Pramod AbcsddWhole-Time Director31 Mar 2009Past

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Financial Performance of Welspun Steel.

Welspun Steel Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.82% decrease. The company also saw a substantial fall in profitability, with a 87.53% decrease in profit. The company's net worth dipped by a decrease of 0.54%.

Welspun Steel revenue growth over time
Welspun Steel profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-12.82%
Revenue from Operations
Total Assets
-0.76%
Profit or Loss
-87.53%
Net Worth
-0.54%
EBITDA
68.49%

What is the Ownership and Shareholding Structure of Welspun Steel?

In 2023, 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.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹30,904,089,000.00

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

DateLenderAmountStatus
12 Jun 2019Hdfc Bank Limited₹40.00 CrSatisfied
14 Dec 2018Idbi Trusteeship Services Limited₹75.00 CrSatisfied
14 Dec 2018Idbi Trusteeship Services Limited₹100.00 CrSatisfied
14 Aug 2018Others₹101.00 CrSatisfied
27 Mar 2017Others₹85.00 CrSatisfied

Explore comprehensive loan charge details -

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.

Employee growth trends for Welspun Steel Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Welspun Steel

Recent Activity within the Organization

  • Director Appointment

    The activity Aakrati Bhatnagar was appointed as a Company Secretary was appointed as a Company Secretary on 02 Sep 2025 & has been associated with this company since 2 months 25 days . was completed.

  • Director Appointment

    The activity Amita Sachin Karia was appointed as a Additional Director was appointed as a Additional Director on 31 Mar 2025 & has been associated with this company since 7 months 27 days . was completed.

  • Annual General Meeting

    Progress on Welspun Steel Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Welspun Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Director Appointment

    Progress on Sitaram Somani Damodardas was appointed as a Director was appointed as a Director on 30 Mar 2024 & has been associated with this company since 1 year 7 months . was documented.

  • Director Appointment

    Hardik Vinay Dhebar was appointed as a Director was appointed as a Director on 14 Dec 2023 & has been associated with this company since 1 year 11 months . was recorded as a recent event.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Welspun Steel Limited?

    The CIN of Welspun Steel Limited is U27109GJ2004PLC044249.

  • Where is Welspun Steel Limited headquartered?

    Welspun Steel Limited is headquartered at S N 650 Village Varsamedital Anjar, Dist Kutch, Gujarat, 370110.

  • When was Welspun Steel Limited incorporated?

    Welspun Steel Limited was incorporated on 03 June 2004.

  • Who are the current directors of Welspun Steel Limited?

    The current directors of Welspun Steel Limited are

  • What is the primary industry of Welspun Steel Limited?

    The primary industry of Welspun Steel Limited is Manufacturing.

  • Is Welspun Steel Limited a listed company?

    Welspun Steel Limited is unlisted.

  • What is the capital structure of Welspun Steel Limited?

    The authorized capital of Welspun Steel Limited is ₹1,066.06 Cr, and the paid-up capital is ₹433.96 Cr.

  • What is the compliance status of Welspun Steel Limited?

    The compliance status of Welspun Steel Limited is Compliant.

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