ActiveBharuch, GujaratSince 1980

Welspun Specialty Solutions Limited

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Set up in 1980 in Bharuch. It has pledged its assets against loans of up to ₹700 crore from 4 lenders.

CINL27100GJ1980PLC020358
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45 years at a glance

Loans against its assets, and when today's people joined

19821984198619881990199219941996199820002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyVijaya Bank, up to ₹19.82 lakh, 26 Mar 1992 to 29 Oct 2009Angel Power and Steel Private Limited, up to ₹10.01 crore, 15 Sept 1993 to 14 Dec 2009Asset Reconstruction Company (India) Ltd., up to ₹17.25 crore, 15 Sept 1993 to 28 Apr 2009Industrial Investment Bank of India Limited, up to ₹6.5 crore, 15 Sept 1993 to 31 Aug 2009Industrial Development Bank of India, up to ₹72.75 crore, 15 Sept 1993 to 15 Jan 2009Stressed Assets Stabilisation Fund, up to ₹39 crore, 15 Sept 1993 to 15 Jan 2009Stressed Assets Stabilisation Fund, up to ₹10.5 crore, 30 Jun 1994 to 15 Jan 2009Industrial Development Bank of India, up to ₹10.5 crore, 30 Jun 1994 to 15 Jan 2009State Bank of India, up to ₹14 crore, 24 Nov 1994 to 3 Feb 2010The Bank of Rajasthan Limited, up to ₹3 crore, 16 Dec 1994 to 11 Jan 2010Vijaya Bank, up to ₹3 crore, 28 Dec 1994 to 29 Oct 2009State Bank of Hyderabad, up to ₹4.25 crore, 28 Dec 1994 to 3 Mar 2009State Bank of Hyderabad, up to ₹4.25 crore, 28 Dec 1994 to 3 Mar 2009State Bank of India, up to ₹2.1 crore, 2 Jan 1995 to 3 Feb 2010State Bank of Shourastra, up to ₹3 crore, 2 Jan 1995 to 15 Apr 2009ICICI Bank LTD, up to ₹5 crore, 9 Jan 1995 to 3 Dec 2009Asset Reconstruction Company (India) Ltd., up to ₹29.94 crore, 9 Jan 1995 to 28 Apr 2009The Industrial Credit and Investment Corporation of India LT, up to ₹5 crore, 9 Jan 1995 to 3 Dec 2009Union Bank of India Limited, up to ₹3 crore, 18 Jan 1995 to 9 Sept 2009State Bank of Travancore, up to ₹4.5 crore, 19 Jan 1995 to 30 Sept 2009The Federal Bank Limited, up to ₹4.5 crore, 20 Jan 1995 to 14 Sept 2009The Federal Bank Limited, up to ₹4.5 crore, 20 Jan 1995 to 14 Sept 2009Allahabad Bank, up to ₹3 crore, 3 Feb 1995 to 15 Sept 2009State Bank of India, up to ₹29.15 crore, 6 Feb 1995 to 3 Feb 2010State Bank of Saurashtra, up to ₹17 crore, 17 Apr 1995 to 15 Apr 2009State Bank of India, up to ₹64.7 lakh, 26 Oct 1995 to 15 Apr 2009State Bank of India, up to ₹34.75 crore, 9 Nov 1995 to 3 Feb 2010Union Bank of India, up to ₹3.5 crore, 30 Nov 1995 to 22 Feb 2010Allahabad Bank, up to ₹5.4 crore, 18 Jan 1996 to 17 Feb 2010State Bank of Saurashtra, up to ₹5.4 crore, 16 Feb 1996 to 15 Apr 2009Angel Power and Steel Private Limited, up to ₹1.08 crore, 19 Feb 1996 to 14 Dec 2009ICICI Bank LTD, up to ₹1.05 crore, 19 Feb 1996 to 3 Dec 2009Industrial Investment Bank of India Limited, up to ₹50 lakh, 19 Feb 1996 to 31 Aug 2009State Bank of Travancore, up to ₹2.8 crore, 19 Feb 1996 to 30 Sept 2009Industrial Reconstruction Bank of India, up to ₹50 lakh, 19 Feb 1996 to 31 Aug 2009Stressed Assets Stabilisation Fund, up to ₹4.35 crore, 19 Feb 1996 to 15 Jan 2009State Bank of Travancore, up to ₹3.3 crore, 19 Feb 1996 to 30 Sept 2009State Bank of Travancore, up to ₹5 crore, 19 Feb 1996 to 30 Sept 2009Bank of India, up to ₹5 crore, 14 Mar 1996 to 5 Sept 2009State Bank of India, up to ₹35 crore, 14 Mar 1996 to 3 Feb 2010Bank of India, up to ₹5 crore, 14 Mar 1996 to 5 Sept 2009Bank of India, up to ₹5 crore, 14 Mar 1996 to 5 Sept 2009The Federal Bank LTD, up to ₹7.8 crore, 22 Mar 1996 to 18 Mar 2010Asset Reconstruction Company (India) Ltd., up to ₹75 lakh, 18 Apr 1996 to 28 Apr 2009Asset Reconstruction Company (India) Ltd., up to ₹75 lakh, 18 Apr 1996 to 28 Apr 2009The Bank of Rajasthan LTD, up to ₹2 crore, 25 Apr 1996 to 11 Jan 2010State Bank of Sayrasgtra, up to ₹2 crore, 26 Apr 1996 to 15 Apr 2009Bank of India, up to ₹5 crore, 8 May 1996 to 5 Sept 2009Vijaya Bank, up to ₹2 crore, 9 Jul 1996 to 29 Oct 2009Stressed Assets Stabilisation Fund, up to ₹5.9 crore, 27 Sept 1996 to 15 Jan 2009Industrial Investment Bank of India Limited, up to ₹1 crore, 28 Jan 1997 to 31 Aug 2009Industrial Investment Bank of India Limited, up to ₹1 crore, 28 Jan 1997 to 31 Aug 2009The Federal Bank Limited, up to ₹62.5 lakh, 21 Feb 1997 to 14 Sept 2009Angel Power and Steel Private Limited, up to ₹1.15 crore, 21 Mar 1997 to 20 Mar 2010Union Bank of India, up to ₹47 lakh, 21 Mar 1997 to 9 Sept 2009Angel Power and Steel Private Limited, up to ₹1.5 crore, 21 Mar 1997 to 14 Dec 2009Union Bank of India Limited, up to ₹12 lakh, 21 Mar 1997 to 9 Sept 2009Vijaya Bank, up to ₹19.82 lakh, 26 Mar 1997 to 29 Oct 2009Vijaya Bank, up to ₹46 lakh, 26 Mar 1997 to 23 Feb 2010Vijaya Bank, up to ₹1.39 crore, 26 Mar 1997 to 23 Feb 2010The Bank of Rajasthan Limited, up to ₹15.76 lakh, 31 Mar 1997 to 11 Jan 2010Asset Reconstruction Company (India) Limited, up to ₹1.1 crore, 15 Apr 1997 to 14 Sept 2009ICICI Bank LTD, up to ₹1.1 crore, 15 Apr 1997 to 3 Dec 2009The Bank of Rajasthan Limited, up to ₹41.67 lakh, 24 Apr 1997 to 11 Jan 2010Industrial Investment Bank of India Limited, up to ₹2 crore, 13 Apr 1998 to 31 Aug 2009Industrial Investment Bank of India Limited, up to ₹2 crore, 17 Apr 1998 to 31 Aug 2009Industrial Investment Bank of India LTD, up to ₹2 crore, 17 Apr 1998 to 31 Aug 2009State Bank of India, up to ₹70.85 crore, 22 May 1998 to 3 Feb 2010State Bank of India, up to ₹70.85 crore, 22 May 1998 to 3 Feb 2010Stressed Assets Stabilisation Fund, up to ₹9.59 crore, 30 May 2003 to 15 Jan 2009Asset Reconstruction Company, up to ₹3.31 crore, 26 Jun 2003 to 14 Sept 2009Angel Power and Steel Private Limited, up to ₹1.62 crore, 28 Jul 2003 to 14 Dec 2009Vaishravan Trading Private Limited, up to ₹1.05 crore, 8 Aug 2003 to 18 Sept 2009IDBI Bank Limited, up to ₹1.86 crore, 8 Aug 2003 to 15 Jan 2009Bank of India, up to ₹74.7 lakh, 8 Aug 2003 to 5 Sept 2009Industrial Development Bank of India, up to ₹57.64 crore, 8 Aug 2003 to 15 Jan 2009Union Bank of India, up to ₹4.01 crore, 28 Aug 2003 to 9 Sept 2009Bank of India, up to ₹11.99 crore, 17 Nov 2003 to 5 Sept 2009Vaishravan Trading Private Limited, up to ₹1.05 crore, 31 Mar 2004 to 18 Sept 2009Vaishravan Trading Prading Private LTD, up to ₹4.7 crore, 31 Mar 2004 to 18 Sept 2009Industrial Development Bank of India Limited, up to ₹57.64 crore, 6 Jun 2006 to 15 Jan 2009Industrial Development Bank of India Limited, up to ₹1.86 crore, 6 Jun 2006 to 15 Jan 2009State Bank of India, up to ₹41.39 crore, 8 Dec 2006 to 3 Feb 2010Bank of Baroda, up to ₹45 crore, 18 Sept 2009 to 4 Aug 2018Corporation Bank, up to ₹25 crore, 18 Sept 2009 to 4 Dec 2018IDBI Trusteeship Services Limited, up to ₹27.36 crore, 29 Jun 2010 to 12 Aug 2026Lakshmi Vilas Bank LTD, up to ₹3.75 crore, 28 Mar 2011 to 29 Dec 2014Corporation Bank, up to ₹41.98 crore, 30 Mar 2011 to 4 Dec 2018IDBI Trusteeship Services Limited, up to ₹27.36 crore, 15 Jul 2011 to 28 Nov 2022Vijaya Bank, up to ₹10 crore, 26 Sept 2011 to 12 Sept 2016Bank of Baroda, up to ₹135.21 crore, 30 Jun 2012 to 4 Aug 2018Corporation Bank, up to ₹10 crore, 14 Sept 2012 to 4 Dec 2018Lakshmi Vilas Bank Limited, up to ₹29.42 crore, 28 Dec 2012 to 29 Dec 2014Andhra Bank, up to ₹98.92 crore, 28 Jan 2013 to 5 Jul 2018IDBI Trusteeship Services Limited, up to ₹8 crore, 16 Mar 2013 to 7 May 2019Bank of Baroda, up to ₹75 crore, 19 Nov 2013 to 10 Jan 2015Andhra Bank, up to ₹48 crore, 9 Dec 2013 to 15 Jan 2015Andhra Bank, up to ₹5 crore, 18 Dec 2013 to 5 Jul 2018Lakshmi Vilas Bank Limited, up to ₹31 crore, 27 Jan 2014 to 22 Jan 2015The Federal Bank Limited, up to ₹12.5 crore, 11 Apr 2014 to 21 Nov 2016The Federal Bank Limited, up to ₹4 crore, 11 Apr 2014 to 21 Nov 2016The Federal Bank Limited, up to ₹15 crore, 11 Apr 2014 to 26 Dec 2014Andhra Bank, up to ₹5 crore, 27 Jun 2014 to 5 Jul 2018Corporation Bank, up to ₹46.48 crore, 30 Sept 2014 to 4 Dec 2018Andhra Bank, up to ₹5 crore, 13 Oct 2014 to 5 Jul 2018IDBI Trusteeship Services Limited, up to ₹75 crore, 8 Dec 2014 to 20 Sept 2018Lakshmi Vilas Bank Limited, up to ₹9.42 crore, 31 Mar 2015 to 19 Oct 2016IDBI Trusteeship Services Limited, up to ₹29.18 crore, 31 Jul 2015 to 30 Sept 2021IDBI Trusteeship Services Limited, up to ₹100 crore, 14 Dec 2018 to 1 Mar 2021IDBI Trusteeship Services Limited, up to ₹100 crore, 14 Dec 2018 to 1 Mar 2021IDBI Trusteeship Services Limited, up to ₹75 crore, 14 Dec 2018 to 15 Apr 2025Indusind Bank Ltd., up to ₹140 crore, 30 Mar 2022 to still openUnion Bank of India, up to ₹160 crore, 12 Sept 2022 to still openIDBI Trusteeship Services Limited, up to ₹300 crore, 29 Dec 2022 to still openYes Bank Limited, up to ₹100 crore, 26 Jun 2026 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 1980Registered as a company on 29 Dec 1980.
  • 2022Its biggest loan against assets, ₹300 crore with IDBI Trusteeship Services Limited, is still open.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹700 crorein loans backed by its assets, from 4 lenders

  • IDBI Trusteeship Services Limited₹300 crore

    Open, taken out 29 Dec 2022

  • Union Bank of India₹160 crore

    Open, taken out 12 Sept 2022

  • Indusind Bank Ltd.₹140 crore

    Open, taken out 30 Mar 2022

  • Yes Bank Limited₹100 crore

    Open, taken out 26 Jun 2026

111 earlier loans, now paid off
  • IDBI Trusteeship Services Limited14 Dec 2018 to 1 Mar 2021₹100 crore
  • IDBI Trusteeship Services Limited14 Dec 2018 to 1 Mar 2021₹100 crore
  • IDBI Trusteeship Services Limited14 Dec 2018 to 15 Apr 2025₹75 crore
  • IDBI Trusteeship Services Limited31 Jul 2015 to 30 Sept 2021₹29.18 crore
  • Lakshmi Vilas Bank Limited31 Mar 2015 to 19 Oct 2016₹9.42 crore
  • IDBI Trusteeship Services Limited8 Dec 2014 to 20 Sept 2018₹75 crore
  • Andhra Bank13 Oct 2014 to 5 Jul 2018₹5 crore
  • Corporation Bank30 Sept 2014 to 4 Dec 2018₹46.48 crore
  • Andhra Bank27 Jun 2014 to 5 Jul 2018₹5 crore
  • The Federal Bank Limited11 Apr 2014 to 21 Nov 2016₹12.5 crore
  • The Federal Bank Limited11 Apr 2014 to 21 Nov 2016₹4 crore
  • The Federal Bank Limited11 Apr 2014 to 26 Dec 2014₹15 crore
  • Lakshmi Vilas Bank Limited27 Jan 2014 to 22 Jan 2015₹31 crore
  • Andhra Bank18 Dec 2013 to 5 Jul 2018₹5 crore
  • Andhra Bank9 Dec 2013 to 15 Jan 2015₹48 crore
  • Bank of Baroda19 Nov 2013 to 10 Jan 2015₹75 crore
  • IDBI Trusteeship Services Limited16 Mar 2013 to 7 May 2019₹8 crore
  • Andhra Bank28 Jan 2013 to 5 Jul 2018₹98.92 crore
  • Lakshmi Vilas Bank Limited28 Dec 2012 to 29 Dec 2014₹29.42 crore
  • Corporation Bank14 Sept 2012 to 4 Dec 2018₹10 crore
  • Bank of Baroda30 Jun 2012 to 4 Aug 2018₹135.21 crore
  • Vijaya Bank26 Sept 2011 to 12 Sept 2016₹10 crore
  • IDBI Trusteeship Services Limited15 Jul 2011 to 28 Nov 2022₹27.36 crore
  • Corporation Bank30 Mar 2011 to 4 Dec 2018₹41.98 crore
  • Lakshmi Vilas Bank LTD28 Mar 2011 to 29 Dec 2014₹3.75 crore
  • IDBI Trusteeship Services Limited29 Jun 2010 to 12 Aug 2026₹27.36 crore
  • Bank of Baroda18 Sept 2009 to 4 Aug 2018₹45 crore
  • Corporation Bank18 Sept 2009 to 4 Dec 2018₹25 crore
  • State Bank of India8 Dec 2006 to 3 Feb 2010₹41.39 crore
  • Industrial Development Bank of India Limited6 Jun 2006 to 15 Jan 2009₹57.64 crore
  • Industrial Development Bank of India Limited6 Jun 2006 to 15 Jan 2009₹1.86 crore
  • Vaishravan Trading Private Limited31 Mar 2004 to 18 Sept 2009₹1.05 crore
  • Vaishravan Trading Prading Private LTD31 Mar 2004 to 18 Sept 2009₹4.7 crore
  • Bank of India17 Nov 2003 to 5 Sept 2009₹11.99 crore
  • Union Bank of India28 Aug 2003 to 9 Sept 2009₹4.01 crore
  • Vaishravan Trading Private Limited8 Aug 2003 to 18 Sept 2009₹1.05 crore
  • IDBI Bank Limited8 Aug 2003 to 15 Jan 2009₹1.86 crore
  • Bank of India8 Aug 2003 to 5 Sept 2009₹74.7 lakh
  • Industrial Development Bank of India8 Aug 2003 to 15 Jan 2009₹57.64 crore
  • Angel Power and Steel Private Limited28 Jul 2003 to 14 Dec 2009₹1.62 crore
  • Asset Reconstruction Company26 Jun 2003 to 14 Sept 2009₹3.31 crore
  • Stressed Assets Stabilisation Fund30 May 2003 to 15 Jan 2009₹9.59 crore
  • State Bank of India22 May 1998 to 3 Feb 2010₹70.85 crore
  • State Bank of India22 May 1998 to 3 Feb 2010₹70.85 crore
  • Industrial Investment Bank of India Limited17 Apr 1998 to 31 Aug 2009₹2 crore
  • Industrial Investment Bank of India LTD17 Apr 1998 to 31 Aug 2009₹2 crore
  • Industrial Investment Bank of India Limited13 Apr 1998 to 31 Aug 2009₹2 crore
  • The Bank of Rajasthan Limited24 Apr 1997 to 11 Jan 2010₹41.67 lakh
  • Asset Reconstruction Company (India) Limited15 Apr 1997 to 14 Sept 2009₹1.1 crore
  • ICICI Bank LTD15 Apr 1997 to 3 Dec 2009₹1.1 crore
  • The Bank of Rajasthan Limited31 Mar 1997 to 11 Jan 2010₹15.76 lakh
  • Vijaya Bank26 Mar 1997 to 29 Oct 2009₹19.82 lakh
  • Vijaya Bank26 Mar 1997 to 23 Feb 2010₹46 lakh
  • Vijaya Bank26 Mar 1997 to 23 Feb 2010₹1.39 crore
  • Angel Power and Steel Private Limited21 Mar 1997 to 20 Mar 2010₹1.15 crore
  • Union Bank of India21 Mar 1997 to 9 Sept 2009₹47 lakh
  • Angel Power and Steel Private Limited21 Mar 1997 to 14 Dec 2009₹1.5 crore
  • Union Bank of India Limited21 Mar 1997 to 9 Sept 2009₹12 lakh
  • The Federal Bank Limited21 Feb 1997 to 14 Sept 2009₹62.5 lakh
  • Industrial Investment Bank of India Limited28 Jan 1997 to 31 Aug 2009₹1 crore
  • Industrial Investment Bank of India Limited28 Jan 1997 to 31 Aug 2009₹1 crore
  • Stressed Assets Stabilisation Fund27 Sept 1996 to 15 Jan 2009₹5.9 crore
  • Vijaya Bank9 Jul 1996 to 29 Oct 2009₹2 crore
  • Bank of India8 May 1996 to 5 Sept 2009₹5 crore
  • State Bank of Sayrasgtra26 Apr 1996 to 15 Apr 2009₹2 crore
  • The Bank of Rajasthan LTD25 Apr 1996 to 11 Jan 2010₹2 crore
  • Asset Reconstruction Company (India) Ltd.18 Apr 1996 to 28 Apr 2009₹75 lakh
  • Asset Reconstruction Company (India) Ltd.18 Apr 1996 to 28 Apr 2009₹75 lakh
  • The Federal Bank LTD22 Mar 1996 to 18 Mar 2010₹7.8 crore
  • Bank of India14 Mar 1996 to 5 Sept 2009₹5 crore
  • State Bank of India14 Mar 1996 to 3 Feb 2010₹35 crore
  • Bank of India14 Mar 1996 to 5 Sept 2009₹5 crore
  • Bank of India14 Mar 1996 to 5 Sept 2009₹5 crore
  • Angel Power and Steel Private Limited19 Feb 1996 to 14 Dec 2009₹1.08 crore
  • ICICI Bank LTD19 Feb 1996 to 3 Dec 2009₹1.05 crore
  • Industrial Investment Bank of India Limited19 Feb 1996 to 31 Aug 2009₹50 lakh
  • State Bank of Travancore19 Feb 1996 to 30 Sept 2009₹2.8 crore
  • Industrial Reconstruction Bank of India19 Feb 1996 to 31 Aug 2009₹50 lakh
  • Stressed Assets Stabilisation Fund19 Feb 1996 to 15 Jan 2009₹4.35 crore
  • State Bank of Travancore19 Feb 1996 to 30 Sept 2009₹3.3 crore
  • State Bank of Travancore19 Feb 1996 to 30 Sept 2009₹5 crore
  • State Bank of Saurashtra16 Feb 1996 to 15 Apr 2009₹5.4 crore
  • Allahabad Bank18 Jan 1996 to 17 Feb 2010₹5.4 crore
  • Union Bank of India30 Nov 1995 to 22 Feb 2010₹3.5 crore
  • State Bank of India9 Nov 1995 to 3 Feb 2010₹34.75 crore
  • State Bank of India26 Oct 1995 to 15 Apr 2009₹64.7 lakh
  • State Bank of Saurashtra17 Apr 1995 to 15 Apr 2009₹17 crore
  • State Bank of India6 Feb 1995 to 3 Feb 2010₹29.15 crore
  • Allahabad Bank3 Feb 1995 to 15 Sept 2009₹3 crore
  • The Federal Bank Limited20 Jan 1995 to 14 Sept 2009₹4.5 crore
  • The Federal Bank Limited20 Jan 1995 to 14 Sept 2009₹4.5 crore
  • State Bank of Travancore19 Jan 1995 to 30 Sept 2009₹4.5 crore
  • Union Bank of India Limited18 Jan 1995 to 9 Sept 2009₹3 crore
  • ICICI Bank LTD9 Jan 1995 to 3 Dec 2009₹5 crore
  • Asset Reconstruction Company (India) Ltd.9 Jan 1995 to 28 Apr 2009₹29.94 crore
  • The Industrial Credit and Investment Corporation of India LT9 Jan 1995 to 3 Dec 2009₹5 crore
  • State Bank of India2 Jan 1995 to 3 Feb 2010₹2.1 crore
  • State Bank of Shourastra2 Jan 1995 to 15 Apr 2009₹3 crore
  • Vijaya Bank28 Dec 1994 to 29 Oct 2009₹3 crore
  • State Bank of Hyderabad28 Dec 1994 to 3 Mar 2009₹4.25 crore
  • State Bank of Hyderabad28 Dec 1994 to 3 Mar 2009₹4.25 crore
  • The Bank of Rajasthan Limited16 Dec 1994 to 11 Jan 2010₹3 crore
  • State Bank of India24 Nov 1994 to 3 Feb 2010₹14 crore
  • Stressed Assets Stabilisation Fund30 Jun 1994 to 15 Jan 2009₹10.5 crore
  • Industrial Development Bank of India30 Jun 1994 to 15 Jan 2009₹10.5 crore
  • Angel Power and Steel Private Limited15 Sept 1993 to 14 Dec 2009₹10.01 crore
  • Asset Reconstruction Company (India) Ltd.15 Sept 1993 to 28 Apr 2009₹17.25 crore
  • Industrial Investment Bank of India Limited15 Sept 1993 to 31 Aug 2009₹6.5 crore
  • Industrial Development Bank of India15 Sept 1993 to 15 Jan 2009₹72.75 crore
  • Stressed Assets Stabilisation Fund15 Sept 1993 to 15 Jan 2009₹39 crore
  • Vijaya Bank26 Mar 1992 to 29 Oct 2009₹19.82 lakh

What its filings add

Welspun Specialty Solutions files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

    Its shareholders, and how much each one owns.

  • Each loan · CHG-1

    Each loan in detail

    The terms, and which assets back each loan.

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.