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Welspun Corp Ltd.

Welspun Corp

Welspun Corp Ltd. live price is ₹ 0.00. Price change 0.00, 0.00 percent.

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Subsidiaries

Welspun Investments and Commercials Ltd.
WELINV
NSE
Finance - Investment
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Welspun Corp Ltd.
WELCORP
NSE
Steel & Iron Products
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0.00%
Welspun Enterprises Ltd.
WELENT
NSE
Engineering - Construction
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0.00%
Welspun Living Ltd.
WELSPUNLIV
NSE
Textile
0.00
0.00%
Welspun Specialty Solutions Ltd. - (Rights Entitlements (REs))
N/A
NSE
Steel & Iron Products
0.00
0.00%
Welspun Specialty Solutions Ltd.
WELSPLSOL
NSE
Steel & Iron Products
0.00
0.00%

Management

1. Kamal Rathi
Company Secretary & Compliance Officer
2. Balkrishan Goenka
Chairman
3. Rajesh R Mandawewala
Non Independent & Non Executive Director
4. Vipul Mathur
Managing Director & CEO
5. Aneesh Misra
Non Independent & Non Executive Director
6. Anjani Kumar Agrawal
Non Executive Independent Director
7. Dipali Sheth
Non Executive Independent Director
8. Manish Chokhani
Non Executive Independent Director
9. Raghupal Singh
Non Independent & Non Executive Director
10. Ravindra Pandey
Non Executive Independent Director
11. Chadra Shekhar Verma
Non Executive Independent Director

Contact Information

Company Address

“ Welspun City ”, Village Versamedi, Tal. Anjar
Kutch Dist, Gujarat - 370110
www.welspuncorp.com
companysecretary_wcl@welspun.com

Registrar

MUFG Intime India Pvt Ltd.
C 101, 247 Park, LBS Marg, Vikhroli (W), Mumbai(Old Address:) C-13 Pannalal Silk Compound, L B S Marg, Bhandup Mumbai Maharashtra
Phone: +91 810 811 8484
Email: rnt.helpdesk@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/

Company Profile

Welspun Corp (WCL), a part of Welspun World, is a one-stop service provider offering end-to-end pipe solutions ranging from one and half inches to 143 inches. Its ever-expanding goals and targets have helped it to establish a global footprint with stellar results in the line pipes business, based across several continents and countries. Synonymous with exceptional quality and an impeccable execution track record, its technological expertise and innovation are top-notch. The company’s line pipe capabilities include HFW (High-Frequency Welded), HFIW (High-Frequency Induction Welded), HSAW (Horizontal Submerged Arc Welded), and LSAW (Longitudinal Submerged Arc Welded).

With a keen focus on infrastructure, the company is also in the process of augmenting its steel-making facilities through its reinforcement steel (TMT rebars) mill that boasts of cutting-edge technology, also located at Welspun City, in Anjar, Gujarat. The company has forayed into the Ductile Iron (DI) Pipes segment to cater to the growing water infrastructure requirements in the country, and is currently transforming into a large-scale B2C manufacturing firm with its latest offering, TMT Rebars. The company’s facilities also boast of the manufacture of Stainless-Steel Pipes, Tubes, and Bars.

The company's transformational growth strategy entails creating a diversified product portfolio, repurposing its business outlook to add new target segments, expanding its product offerings to address both the B2B and B2C markets, and making well-considered strategic acquisitions.

Business area of the company

The company is primarily engaged in the business of manufacture and distribution of steel products and others (including plastic products).

Product portfolio

Pipe Solutions

  • Line Pipes
  • Ductile Iron (DI) Pipes 
  • Stainless Steel Bars, Pipes & Tubes

Building Materials

  • Water Storage Tanks and Plastic Pipes (Sintex)
  • TMT Rebars

Awards

  • 2001-03: Export performance Awards.
  • 2004: Fastest Growing Steel Products Company.
  • 2006: Award for the highest export - Iron and Steel based product.
  • 2007: Amongst top 100 Corporates in India.
  • 2007: Amongst the 20 Companies to watch out for in 2008.
  • 2007: Amongst the top 3 SAW Pipe Company in the World.
  • 2007: Fastest Growing Steel Products Company.
  • 2007: Fastest Growing Company.
  • 2008:  2nd Largest Steel Pipe Producer in the World (Large Diameter).  
  • 2008:  Emerging Company of the Year.  
  • 2008:  Most Valuable Company in Metal Pipes.  
  • 2009:  National Awards for Export Excellence - Silver Trophy.
  • 2017-18: Sir M. Visvesvaraya Manufacturing Excellence Award2017 for Mandya plant.
  • 2017-18: 11th QCI-DL Shah Quality Award - Platinum : Awarded at 12th national quality conclave for Anjar plant for the project “Case Study on Weld-ability test”
  • 2017-18: Salute to Greatness Award 2017: Awarded by The Martin Luther King Jr Commission of Little Rock, AR.
  • 2017-18: 2nd Annual EKDKN EXCEED award 2018 – OHS category in engineering sector for the best energy practices for Anjar plant. 
  • 2018-19: Sufi Steel Awards 2018.
  • 2018-19: Golden Bird Excellence Award 2018.
  • 2018-19: 4th EKDKN Exceed Award 2018.
  • 2018-19: 2nd Annual EKDKN EXCEED Award 2018
  • 2018-19: Kaizen Award 2018.
  • 2018-19: 18th Annual Green Tech Environment Gold Award 2018.
  • 2019-20: Anjar Pipes: 19th Annual Greentech Environment Award 2019 for exceptional contribution towards “Environment and Sustainability”.
  • 2019-20: Dahej: Awarded the Silver Medal in National Awards for Manufacturing Competiveness 2018-19 by IRIM.
  • 2019-20: PCMD awarded the prestigious Apex India OHS Excellence Award for outstanding work in the field of Occupation Health & Safety.
  • 2019-20: CEO With HR Orientation - awarded to MD & CEO WCL, from World Sustainability & HRD Congress.
  • 2019-20: Anjar Pipes: Golden Bird Excellence Award - 2020: Awarded for ‘Outstanding Project on Sustainability Excellence’.
  • 2021: 20th Annual Greentech Environment Award, 2021
  • 2021: 39th CII National Kaizen Competition, 2021
  • 2021: National Awards for Manufacturing Competitiveness (NAMC), 2021
  • 2020-21: FAME Excellence Award 2020-21.
  • 2021: 14th QCI - D.L. Shah Award 2021 - GOLD AWARD
  • 2022: International Safety Award, 2022
  • 2023: FAME National Award 2023 in Platinum Category for Quality Excellence
  • 2023: Golden Peacock National Quality Award 2023
  • 2023: Silver Award - QCFI, Mysore on June 25, 2023
  • 2025: Greentech Foundation 3rd Generation Quality & Innovation Award 2025.
  • 2025: Technical paper presented at CORCON 2025.
  • 2025: Sustainable Manufacturing Company of the Year 2025 at the GEEF Sustainability Awards.
  • 2025: Platinum Award at Apex India Safety Culture Awards 2025.
  • 2025: Gold Award in the Digital & Data Driven Safety category at Greentech SFS Awards & Summit 2025.
  • 2025-26: Gold Award at the 6th CII National Technology Competition 2025-26.
  • 2026: International Safety Award 2026 (Merit Category).

Milestones

  • 1995: Founded
  • 1998: Commissioned first HSAW Mill in Dahej, Gujarat
  • 1997: Diversified into the pipes business - Submerged Arc Welded (SAW) pipe unit at Dahej, Gujarat, India.
  • 1998: Established the first 50,000 MTPA HSAW mill at Dahej, Gujarat.
  • 2000: Commissioned a 200,000 MTPA LSAW mill at Dahej with Mannesmann Germany.
  • 2001: Embarked on a Joint Venture (JV) with Eupec Coatings GmbH, Germany.
  • 2001: Set up a pipe coating facility in Dahej, Gujarat.
  • 2005: Established Welspun City at Anjar, Gujarat.
  • 2005: Expanded pipe facilities at Anjar, Gujarat.
  • 2007: Bagged a 1,700 km keystone project from Trans Canada.
  • 2008: Integrated plate and coil mill at Anjar, Gujarat.
  • 2008: Set up 150,000 MTPA HSAW mill at Anjar, Gujarat.
  • 2008: Achieved Level II automation, rolled X-70API Grade of 4.5 meters wide.
  • 2009: Commissioned a 350,000 MTPA HSAW pipes facility in Arkansas, US.
  • 2009: Started a coil mill at Anjar, Gujarat.
  • 2009: Marked global expansion with an HSAW Mill in Little Rock, USA
  • 2010: Rechristened as ‘Welspun Corp Limited’.
  • 2010: Increased capacity for LSAW by 350,000 MTPA in Anjar, Gujarat and for HSAW by 100,000 MTPA in Mandya, Karnataka.
  • 2010: Completed investment in the Middle East with a 300,000 MTPA HSAW facility in Saudi Arabia.
  • 2011: Commissioned the LSAW Mill in Anjar
  • 2011: Established Welspun Middle East in Dubai.
  • 2011: Acquired 35% stake in Leighton Contractors (India) Private Limited.
  • 2011: Raised USD 290 million through GDRs & CCDs.
  • 2012: Commenced the installation of a 175,000 MTPA HFIW mill in Arkansas, US.
  • 2012: Enhanced the existing capacity of 100,000 MTPA HSAW in Mandya, Karnataka, further by 50%.
  • 2013: Achieved the highest ever pipe production, sales volumes and order booking at 1 million MTPA.
  • 2013: Commissioned a 175,000 MTPA small diameter HFIW mill in the US to cater to the shale gas business.
  • 2013: Demerged non-pipe businesses into Welspun Enterprises.
  • 2013: Strengthened the core-pipe business management team with several new professional CXO-level hires.
  • 2014: Received the first order from Shell USA, single largest order from Saudi Arabia and strategic orders from Statoil, TOTAL and South Stream.
  • 2014: Commissioned a double jointing plant and internal and external coating plants in Saudi Arabia and Anjar (Gujarat), respectively.
  • 2014: Sustained 1 million MTPA in pipe production, sales volumes and order booking.
  • 2015: Recorded high production and sales volumes at the Saudi Arabia facility with significantly improved financial performance.
  • 2015: Stabilized the HFIW mill and streamlined operations at the US facility.
  • 2015: Revitalized operations at LSAW, and Plate and Coil Mills in India.
  • 2016: Surpassed 1 million MTPA in pipe production and 4th sales volumes for the 4 consecutive year; order book at record high.
  • 2016: Set-up Concrete Weight Coating (CWC) plant at Anjar, Gujarat in JV with Wasco Energy Ltd.
  • 2017: Started production at the Concrete Weight Coating plant at Anjar, Gujarat.
  • 2017: Automatic ID Machining of Crack Arrestor Pipe.
  • 2018: Surpassed 1 million MTPA in pipe production and 5th sales volumes for the 5 time in last 6 years.
  • 2019: WCL completed the establishment of an HSAW Line Pipe Manufacturing facility at Bhopal, MP.
  • 2019: WCL announced the divestment of its Plates and Coil Mill Division (PCMD).
  • 2020: WCL secured major offshore pipes supply contract in Australia for the Barossa offshore Development project from Allseas Marine Contractors Australia.
  • 2021: Entered the Stainless Steel Bars, Pipes & Tubes, and TMT Rebars
  • 2022: Commissioned Ductile Iron (DI) Pipes facility
  • 2023: Acquired the iconic Indian brand Sintex, marking foray into Polymers and Building Materials
  • 2024: Completed acquisition of Weetek Plastic Pvt Ltd by Sintex BAPL
  • 2025: Commencement of Commercial production from new expansion project of DI Pipe capacity at Anjar.
  • 2025: Sintex entered the Guinness World Records through a nationwide water conservation pledge initiative.
  • 2026: Enhanced capability with a hybrid facility comprising Spiral/LSAW Pipes at Anjar.
  • 2026: Commissioned additional Coating facility at Bhopal.
  • 2026: Enhancing capability and expanding product offerings in USA and strengthening the presence in Saudi Arabia (KSA)