Company CVAbout Welspun Specialty Solutions Ltd 
Welspun Specialty Solutions Ltd
Small Cap
Iron & Steel Products
Welspun Specialty Solutions Ltd. (Formerly known as RMG Alloy Steel Limited) was incorporated on December 29, 1980. The Company was promoted by V C Saraf and R C Saraf along with the Remi Group and the Doshi Group of Kenya, together with the Gujarat Industrial Investment Corporation (GIDC) and Essar Gujarat. The Company is a multi-product manufacturer of Alloy Steel, Billet, Bloom, Ingot, Rolled Bar, Bright Bar and Seamless Pipes & Tubes. The company came out with a Rs 38-cr public issue in Feb.
Company Coordinates
Company Details
1 GIDC Industrial Area, Valia Road Jhagadia Bharuch Gujarat : 393110
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai
Capital StructureCapital Structure
Present Equity Capital
INR 397.57 Cr
Number of Shares
66.26 Cr
Face Value
INR 6.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
28-Feb-2025
66.26
397.57
132522289
6
Right Issues
21-May-2021
53.01
318.05
667850
6
Issued under ESOP Scheme
08-Jun-2020
52.94
317.65
145950
6
Issued under ESOP Scheme
30-May-2020
52.93
317.57
40266666
6
Conversion of Warrants
16-Dec-2019
48.9
293.41
438200
6
Issued under ESOP Scheme
16-Dec-2019
48.9
293.41
438200
6
Issued under ESOP Scheme
26-Nov-2019
48.86
293.14
72461326
6
Conversion of Warrants
09-Apr-2019
41.61
249.67
69415000
6
Conversion of Warrants
09-Apr-2019
41.61
249.67
69415000
6
Conversion of Warrants
31-Mar-2010
10.84
65.06
50000000
6
Conversion of Preference Shares
ShareholdingShareholding Snapshot
Shareholding Compare (%holding)
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 11 Schemes (0.0%)
FIIs
Held by 5 FIIs (0.03%)
Promoter with highest holding
Welspun Corp Limited (51.06%)
Highest Public shareholder
Dilipkumar Lakhi (23.04%)
Individual Investors Holdings
38.79%
Board of Directors
Management
Designation
Remuneration
Atul Desai
Independent Non Exe. Director
1.2 lacs
Anuj Buraka
Executive Director / Whole Tim
78.4 lacs
B K Goenka
Chairman & Non Executive Dir.
0
Prakash Tatia
Non-Exec & Non-Independent Dir
0
MYNENI NARAYANA RAO
Independent Non Exe. Director
2.38 lacs
K H Viswanathan
Independent Non Exe. Director
2.56 lacs
Amita Misra
Independent Non Exe. Director
2.46 lacs
Vipul Mathur
Non Executive Director
0
Raw MaterialsRaw Materials Dashboard
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Finished Goods Dashboard
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Steel
433.33
99.34%
Other Operating Income - Other
2.84
0.65%
Other Operating Income - Exports Incentives
0.04
0.01%
Steel
Steel
Other Operating Income - Other
Other Operating Income - Other
Other Operating Income - Exports Incentives
Other Operating Income - Exports Incentives
Stock DNARevenue and Profits:
Net Sales:
239 Cr
(Quarterly Results - Sep 2025)
Net Profit:
10 Cr
Iron & Steel Products
INR 2,394 Cr (Small Cap)
269.00
28
0.00%
-0.04
1.99%
5.37
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