India's Richest People 2026 edition · Source: Hurun India
Rank#1,750- Wealth
- ₹1,000 Cr
- Company
- AYM Syntex
Current companies 26 active board seats
Past companies 38 historical roles
Total affiliations 64 Since Oct 1989
Shareholding value •••• Premium profile
About Rajesh Mandawewala
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Rajesh Mandawewala is a Director at Welspun Corp Limited (since 1995), Whole-Time Director at Welspun Living Limited (since 1989) and Director at Welspun Enterprises Limited (since 2012), and holds 23 more current directorships. The companies operate in Manufacturing, Consumer Goods and Infrastructure and Utilities. The 17 current companies with reported revenue have a combined latest revenue of ₹35,457 Cr; the largest is Welspun Corp Limited at ₹16,905 Cr (FY 2026). Earlier, Rajesh Mandawewala was a Partner at First Rank Llp (2016–2018) and Designated Partner at Welspun Real Estate Ventures Llp (2019) and 36 more.
Rajesh R Mandawewala is #1,750 among India's richest people (2026), with wealth of ₹1,000 Cr.
DIN 00007179
Primary Designation Director
Industry Manufacturing
First Appointment 26 Oct 1989
Oldest Company Age 53 yrs
Largest company Welspun Corp Limited · ₹16,905 Cr (FY 2026)
Combined revenue ₹35,457 Cr across 17 companies
Recognitions & Rankings
Current companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
 Welspun Corp Limited L27100GJ1995PLC025609 | Director | 26 Apr 1995 | 1995 | ₹16,905 Cr (FY 2026) | Active |
 Welspun Living Limited L17110GJ1985PLC033271 | Whole-Time Director | 26 Oct 1989 | 1985 | ₹9,468 Cr (FY 2026) | Active |
 Welspun Enterprises Limited L45201GJ1994PLC023920 | Director | 06 Jul 2012 | 1994 | ₹3,793 Cr (FY 2025) | Active |
 Mandawewala Enterprises Limited U17200MH2007PLC452532 | Director | 03 Sep 2015 | 2007 | ₹1,466 Cr (FY 2023) | Active |
 Aym Syntex Limited L99999MH1983PLC459099 | Director | 16 Jul 1991 | 1983 | ₹1,365 Cr (FY 2024) | Active |
| Welspun Michigan Engineers Limited U45300MH1973PLC016515 | Director | 21 Aug 2023 | 1973 | ₹672 Cr (FY 2025) | Active |
 Sintex-Bapl Limited U25199GJ2007PLC051364 | Director | 29 Mar 2023 | 2007 | ₹634 Cr (FY 2026) | Active |
 Welspun Bapl Private Limited U27100GJ2021PTC124023 | Director | 06 Mar 2023 | 2021 | ₹526 Cr (FY 2025) | Active |
Previous companies
| Company | Designation | Appointment | Founded | Revenue | Status |
|---|---|---|---|---|---|
| First Rank Llp AAG-0802 | Partner | 30 Mar 2016 | 2016 | ₹179 Cr (FY 2024) | Active |
| Welspun Real Estate Ventures Llp AAP-9859 | Designated Partner | 18 Jul 2019 | 2019 | ₹60,832 (FY 2026) | Active |
 Nilkamal Limited L25209DN1985PLC000162 | Additional Director | 01 Aug 2010 | 1985 | ₹3,324 Cr (FY 2025) | Active |
 Welspun Specialty Solutions Limited L27100GJ1980PLC020358 | Director | 07 Nov 2011 | 1980 | ₹749 Cr (FY 2025) | Active |
 Welspun Investments And Commercials Limited L52100GJ2008PLC055195 | Additional Director | 10 Nov 2008 | 2008 | ₹5.26 Cr (FY 2025) | Active |
 Mep Cotton Limited U01403MH2000PLC123779 | Director | 27 Jun 2006 | 2000 | ₹30 Lakh (FY 2016) | Active |
| Confederation Of Indian Textile Industry U17120DL1967NPL371340 | Director | 12 Dec 2008 | 1967 | ₹3.05 Cr (FY 2025) | Active |
| Association Of Synthetic Fibre Industry U17120MH1972GAT016028 | Nominee Director | 25 Sep 1999 | 1972 | ₹1.61 Cr (FY 2025) | Active |
| Welspun Global Brands Limited L51100GJ2000PLC037204 | Director | 10 Nov 2008 | 2000 | Amalgamated | |
| Welspun Wintex Limited U17120GJ1985PTC056127 | Director | 25 Nov 2002 | 1985 | Amalgamated | |
 Welspun Flooring Limited U17291TG2016PLC132327 | Director | 22 May 2019 | 2016 | ₹652 Cr (FY 2023) | Amalgamated |
| Alspun Infrastructure Limited U45200GJ2007PLC064986 | Director | 07 Apr 2007 | 2007 | ₹36,325 (FY 2018) | Amalgamated |
| Big Shot Infra Facilities Private Limited U45209GJ2021PTC125113 | Additional Director | 31 Oct 2022 | 2021 | Amalgamated | |
 Welspun Energy Private Limited U51909GJ2002PTC041136 | Director | 15 May 2012 | 2002 | ₹807 Cr (FY 2016) | Amalgamated |
| Polaire Tradeco Private Limited U51909GJ2018PTC104758 | Director | 27 Sep 2019 | 2018 | Amalgamated | |
| Welspun Fintrade Private Limited U65910GJ1982PTC055383 | Director | 26 Dec 2002 | 1982 | Amalgamated |
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Board colleagues of Rajesh Mandawewala
Directorship timeline
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Welspun Living Limited
Welspun Corp Limited
Welspun Enterprises Limited
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Shareholding and investment profile for Rajesh Mandawewala
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Frequently Asked Questions about Rajesh Mandawewala
Rajesh Mandawewala currently holds 26 directorships: Welspun Corp Limited (Director, since 26 Apr 1995, revenue ₹16,905 Cr (FY 2026)); Welspun Living Limited (Whole-Time Director, since 26 Oct 1989, revenue ₹9,468 Cr (FY 2026)); Welspun Enterprises Limited (Director, since 06 Jul 2012, revenue ₹3,793 Cr (FY 2025)); Mandawewala Enterprises Limited (Director, since 03 Sep 2015, revenue ₹1,466 Cr (FY 2023)); Aym Syntex Limited (Director, since 16 Jul 1991, revenue ₹1,365 Cr (FY 2024)); and 21 more.
Rajesh Mandawewala was first appointed on 26 Oct 1989 as Whole-Time Director at Welspun Living Limited. The most recent appointment on record is 22 Apr 2026 at Apparel Made-Ups And Home Furnishing Sector Skill Council.
The 17 current companies of Rajesh Mandawewala that report revenue have a combined latest revenue of ₹35,457 Cr: Welspun Corp Limited ₹16,905 Cr (FY 2026); Welspun Living Limited ₹9,468 Cr (FY 2026); Welspun Enterprises Limited ₹3,793 Cr (FY 2025); Mandawewala Enterprises Limited ₹1,466 Cr (FY 2023); Aym Syntex Limited ₹1,365 Cr (FY 2024); and 12 more.
Rajesh Mandawewala held 38 earlier board appointments: First Rank Llp (Partner, 30 Mar 2016 to 10 Jul 2018); Welspun Real Estate Ventures Llp (Designated Partner, 18 Jul 2019 to 26 Nov 2019); Nilkamal Limited (Additional Director, 01 Aug 2010 to 30 Jul 2011); Welspun Specialty Solutions Limited (Director, 07 Nov 2011 to 09 Aug 2012); Welspun Investments And Commercials Limited (Additional Director, 10 Nov 2008 to 11 Jun 2009); and 33 more.
The current boards of Rajesh Mandawewala's companies include Aneesh Misra (Welspun Corp Limited), Anjani Agrawal (Welspun Corp Limited), Balkrishan Gopiram Goenka (Welspun Corp Limited), Chandra Shekhar Verma (Welspun Corp Limited), Dipali Hemant Sheth (Welspun Corp Limited), Kamal Rathi (Welspun Corp Limited), among others.