Welspun Corp Limited
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| File:WelspunCorpLogo.jpg | |
| Public | |
| Traded as | BSE: 532144 NSE: WELCORP |
| ISIN | 🆔 |
| Industry | Construction & Engineering |
| Founded 📆 | 26 April 1995 |
| Founder 👔 | |
| Headquarters 🏙️ | , , |
Area served 🗺️ | |
Key people | Balkrishan G. Goenka (Chairman)[1] |
| Products 📟 | Pipes, coils, plates, textiles, power, oil & gas, construction |
| Revenue🤑 | ₹4,642.11 crore (US$650 million)[2] (2021) |
| ₹1,002.11 crore (US$140 million) (2021) | |
| Members | |
Number of employees | 24,000[citation needed] |
| Parent | Welspun Group |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Welspun Corp Limited is the second largest manufacturer of large diameter pipes in the world[3][4] based in Mumbai, Maharashtra.[5] It is a flagship company of the $3 billion (₹129 billion) Welspun Group.[6] It operates a 1.65 mtpa plant in Anjar, Gujarat, which is being increased to 2.1 mtpa.[7]
Divisions[edit]
- The Welspun Pipes Division manufactures pipes from Dahej (Gujarat), Anjar (Gujarat) and Mandya (Karnataka) in India and Little Rock, Arkansas in the U.S.
- Welspun Plates and Coil manufactures plates up to 4.5 meters wide and coils up to 2.8 meters wide.
- Welspun Tubular LLC (USA): This spiral pipe and coating facility is spread across 740 acres and has an annual capacity of 350,000 tons near Little Rock Port, Arkansas. Welspun Tubular LLC begins production at its new electric-resistance welded (ERW) steel pipe mill in Little Rock, Ark., in 2012 according to a company executive.
- Welspun Natural Resources Ltd is a joint venture with Adani Group. It has a portfolio of eight oil and gas assets across India, Thailand and Egypt.
- Welspun Energy Ltd was incorporated to set up thermal power plants and solar energy power generating facilities.
- Welspun Infratech Ltd was recently acquired from MSK Projects India Ltd to enter the infrastructure sector.
History[edit]
It was incorporated in 1995 as Welspun Gujarat Stahl Rohren Ltd.[8] It was renamed from Welspun Gujarat Stahl Rohren Ltd to Welspun Corp Ltd.[9]
Awards & Recognitions[edit]
| Year | Awards & Recognition | Bestowed By |
|---|---|---|
| 2014 | FICCI Quality Systems Excellence Award for Manufacturing 2014 | FICCI |
| 2014 | Nace International Corrosion Awareness Award 2014 | Nace International |
| 2013 | EXCELLENCE in GLOBAL TRADE | Governor's Award |
| 2013 | IPLOCA CSR Award (Runner Up) | TOTAL |
| 2011 | Top Exporter for the Year 2010-11
Gold Trophy |
EEPC |
| 2011 | Star Performer | GAIL (Indian) Ltd. |
| 2011 | Best Indian Manufacturing Company in the US
7th Indo American Corporate Excellence Awards |
IACC 2011 |
| 2010 | Star Performer Award for the year 2008-09
All India Export Excellence Awards |
EEPC 2010 |
| 2010 | All India Export Excellence Awards | EEPC 2010 |
| 2010 | Top Indian Company under the Metal Pipes | Dun & Bradstreet |
| 2009 | National Awards for Export Excellence - Silver Trophy | Engineering Export Promotion Council - India |
| 2008 | Most Valuable Company in Metal Pipes | Dun & Bradstreet |
| 2008 | Emerging Company of the Year | Economic Times
Corporate Excellence Award |
| 2008 | 2nd Largest Steel Pipe Producer in the World (Large Diameter) | Financial Times |
| 2007 | Fastest Growing Company | Business Today |
| 2007 | Fastest Growing Steel Products Company | Construction World NICMAR |
| 2007 | Amongst the top 3 SAW Pipe Company in the World | CLSA Asia Pacific Market Research |
| 2007 | Amongst the 20 Companies to watch out for in 2008 | Business Today |
| 2007 | Amongst top 100 Corporates in India | Standard & Poor's |
| 2006 | Award for the highest export - Iron and Steel based product - non SSI | Engineering Export Promotion Council (EEPC) |
| 2004 | Fastest Growing Steel Products Company | Construction World NICMAR |
| 2001-03 | Export performance Awards | Engineering Export promotion council (EEPC) |
References[edit]
- ↑ "WELCORP History | Welspun Corp Ltd Company History & Profile". Economictimes.indiatimes.com. Retrieved 2011-01-03.
- ↑ "Stock share price of Welspun Corp". BSE India.
- ↑ "Welspun Gujarat may buy stake in Saudi co for Rs 260 cr". Business-standard.com. 2010-04-05. Retrieved 2011-01-03.
- ↑ "wire / Tube 2010 - Welspun Gujarat Stahl Rohren Limited, India (Mumbai 400 013) - Carbon content (low)". Wire.de. Retrieved 2011-01-03.
- ↑ "Welspun Corp Ltd. Locations Information | Welspun Corp Ltd Company Locations". Economictimes.indiatimes.com. Retrieved 2011-01-03.
- ↑ "On the wings of steel : Features : Business Today". Businesstoday.intoday.in. 2008-06-09. Retrieved 2011-01-03.
- ↑ "Times of India Publications". Lite.epaper.timesofindia.com. 2010-06-30. Retrieved 2011-01-03.
- ↑ ":: Welspun ::". Welspuncorp.com. Retrieved 2011-01-03.
- ↑ "Welspun shares down 27 pct on SEBI ban". Financialexpress.com. 2010-12-03. Retrieved 2011-01-03.
External links[edit]
- Stocks of SEBI-indicted companies hammered :Welspun Corp Ltd
- Welspun Corp, Ackruti City tank on being barred for stock rigging by SEBI
- Welspun Corp Ltd
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- Manufacturing companies based in Mumbai
- Steel companies of India
- Welspun Group
- Construction and civil engineering companies of India
- Indian companies established in 1995
- Construction and civil engineering companies established in 1995
- 1995 establishments in Maharashtra
- Companies listed on the National Stock Exchange of India
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