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    WELSPUN CORP LTD.

    18 June 2025 | 03:59

    Industry >> Steel - Tubes/Pipes

    Select Another Company

    ISIN No INE191B01025 BSE Code / NSE Code 532144 / WELCORP Book Value (Rs.) 229.39 Face Value 5.00
    Bookclosure 28/06/2024 52Week High 994 EPS 72.49 P/E 12.61
    Market Cap. 24057.17 Cr. 52Week Low 506 P/BV / Div Yield (%) 3.98 / 0.55 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.

    YEAR                                                                               EVENTS
    2002

    -Bags international order worth Rs.62 cr for three layer PE and internal epoxy lining coated spiral pipes.

    2003

    -Bags prestigious order from Petroiran Development company, from Iran worth US $102 million.

    -Board approves to forfeit partly paid equity shares of face value of Rs.10 each.

    -IFCI offloads 3.03 cr shares of WGSRL in the secondary market.

    2004

    -Welspun Gujarat forays into weld pipes biz

    -Welspun Gujarat Stahl bags Rs 4070 million Saw Pipes order in Libya

    -Welspun Gujarat ties up with Eupec Group

    2005

    -WGRSL to restart trading on BSE, NSE from May 24

    2006

    -Welspun to acquire 40% stake in Joint Venture with TMK

    -Welspun-Gujarat Stahl enters into a definitive agreement to form a JV with Lone Star Technologies Inc. USA

    -Welspun sets up JV with Russian firm

    2007

    -Welspun-Gujarat Stahl Rohren Ltd has bagged prestigious pipeline orders worth Rs 1166 crores (USD 288 million) for the supply of line pipes overseas.

    2008

    -Welspun Gujarat wins Emerging Company of the Year Award - Economic Times - September 29, 08

    2009

    - Welspun-Gujarat Stahl Rohren Ltd has appointed Mr. Asim Chakraborty as a director on the Board of the Company w.e.f. April 20, 2009.

    - Welspun-Gujarat Stahl Rohren Ltd has informed BSE regarding a Press Release dated June 29, 2009 titled "Welspun-Gujarat bags fresh orders worth Rs 960 Crore; Order book swells to Rs 8,700 Crore"

    -Govt. signs MOUs worth Rs. 10 Cr - Times of India - August 18, 09

    -Indian steel mill forges ahead in the U.S. - Wall Street Journal - May 4. 09

    2010

    -Welspun bags order worth Rs. 600 cr- Economic Times - 19 March 2010

    -Welspun Gujarat buys 75% stake in MSK Projects - Economic Times - 19 March 2010

    - Welspun Gujarat Stahl Rohren Ltd. (WELSPUN), the flagship Company of the US$ 3 billion Welspun Group and the 2nd largest Line Pipe Manufacturer in the World, today announced the appointment of Mr. Lauri Antero Malkki as its CEO. 

    -Company has changed its name from Welspun Gujarat Stahl Rohren Ltd. to Welspun Corp Ltd.                                                          
                                         
2011
    -Welspun bags pipe orders worth Rs 1,182 cr

    -Welspun Corp bags new order of Rs 788 crores

    -Welspun Corp delivers stronger performance

    2012

    -Welspun wins 125 mw solar bid in MP

    -Welspun Corp bags New Orders of Rs 1217 Crore

    -Welspun Corp bags New Orders of Rs. 923 Crore taking order book to Rs. 5,377 Crore

    -Welspun Corp bags New Orders of Rs. 2,070 Crore

    2013

    -Welspun Energy commissions 15MW solar project in Rajasthan.

    2014

    - Welspun Corp bags news orders to take its order book to Rs. 5,800.

    2015 -Welspun Corp enters into JV with Wasco Energy -Welspun Corp Ltd Pipe manufacturing facility at Anjar (Kutch, Gujarat) has been awarded with the "Certificate of Appreciation for Good Practice in Quality System -Welspun wins award for contribution in engineering exports -Welspun Corp wins supply order -Welspun Corp zooms on winning order for onshore project

    2016 -Welspun Corp bags order for offshore project in Middle East. -Welspun Corp's manufacturing unit at Anjar, Gujarat has been awarded four awards in the 27th Annual Convention on Quality Concepts organized by the Quality Circle Forum of India. -Welspun Corp bags line-pipe order from American company.

    2017 -Welspun Corp received an order for supply of 57K MTs pipes for water project in India -Welspun Corp rreceived the 'Platinum Award' from the Quality Council of India -Welspun Corp's plant at Anjar declared as the Winner of 'Golden Peacock National Quality Award' for the year 2017

    2018 -Welspun Corp is Amalgamation of Welspun Pipes Limited -Amalgamation of Welspun Pipes Limited got Gold Medal in National Awards for Manufacturing Competitiveness 2017- 18 -Welspun Corp bags Greentech Environment Gold Award 2018

    2019 -Welspun Corp has received 'Apex India OHS Excellence Award' from Apex India Foundation for its outstanding work in field of Occupation Health & Safety.

    2020 -Welspun Corp has been declared as the Winner of 'Golden Peacock National Quality Award' for the year 2020

    2021 -Welspun Corp has received multiple orders of approximately 164 KMT Rs 1,725 Crore

    2022 -Welspun Corp Ltd announces Commencement of the Ductile Iron Pipes facility in Anjar. -Welspun Metallics launches Rs. 2000 crore manufacturing facility in Gujarat. -Welspun Corp wins order for carbon capture pipeline project in the US. -Welspun Corp associate company bags Rs 689-cr steel pipe order in Saudi. -Welspun Corp bags over Rs 5,000-cr pipe order from US client.

    2023 -The company has won the Gold Award for excellence within its Competition Class by League of American Communications Professionals LLC (LACP) in its Global Communication, 2023 Inspire Awards'. -Welspun Corp Limited has informed the Exchange about Scheme of Amalgamation of Welspun Metallics Limited with Welspun Corp Limited. -Welspun Corp bags contract to supply 61,000 MT of LSAW pipes, bends to Middle East.

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