Welspun Enterprises Shares Surge on ₹1,000 Crore Fundraising Plan and Strong Q3 Results

1 min read     Updated on 15 Oct 2025, 01:08 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Welspun Enterprises Limited's Board has approved raising ₹1,000 crore through a preferential issue of 1,90,47,619 warrants convertible to equity shares. The warrants, priced at ₹525 each, will be issued to both promoter (37.40%) and non-promoter investors (62.60%). The company's shares gained up to 10% following the announcement. Welspun's recent quarterly results show a 30% increase in net profit and a 24% rise in revenue year-on-year.

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*this image is generated using AI for illustrative purposes only.

Welspun Enterprises Limited has announced a significant move to bolster its financial position through a substantial fundraising initiative. The company's Board of Directors has given the green light to raise ₹1,000 crore through a preferential issue of warrants convertible to equity shares.

Key Details of the Warrant Issue

Particulars Details
Total Warrants 1,90,47,619
Issue Price per Warrant 525.00
Face Value of Resulting Equity Share 10.00
Premium per Warrant 515.00
Conversion Ratio 1 warrant : 1 equity share
Conversion Period Within 18 months from allotment

Allotment Structure

The warrants will be issued to a mix of promoter and non-promoter investors:

Category Number of Warrants Percentage
Promoter (Balkrishan Goenka, Trustee of Welspun Group Master Trust) 71,23,809 37.40%
Non-Promoter Public Investors (12 entities) 1,19,23,810 62.60%

Notable Non-Promoter Allottees

  • Authum Investment & Infrastructure Limited: 57,14,286 warrants
  • Aryavardhan Trading LLP: 19,04,762 warrants
  • Garnet Shelters Private Limited: 9,52,381 warrants

Market Response and Financial Performance

Following the announcement, Welspun Enterprises shares gained up to 10%, with the stock currently trading 6% higher at ₹559.45. However, it's worth noting that the stock has declined 7% year-to-date.

The company's latest quarterly results have also contributed to the positive market sentiment:

  • Consolidated net profit grew by 30% year-on-year to ₹100.30 crore
  • Revenue increased by 24% to ₹1,021.50 crore, compared to ₹823.00 crore in the corresponding quarter last year
  • EBITDA surged 35% to ₹152.62 crore
  • Operating margins improved to 14.94% from 13.74% a year ago
  • Finance costs rose to ₹43.60 crore versus ₹28.40 crore in the year-ago quarter

Implications for Investors

This fundraising initiative represents a significant opportunity for both the company and investors. For Welspun Enterprises, it provides a substantial capital infusion to support its growth strategies. For investors, particularly the non-promoter public entities, it offers a chance to increase their stake in the company at a predetermined price, potentially benefiting from future appreciation in share value.

The success of this warrant issue, coupled with the strong quarterly performance, could be a strong indicator of investor confidence in Welspun Enterprises' future prospects and management's vision for the company's growth trajectory.

As the market continues to react to this news, all eyes will be on the execution of this ambitious fundraising plan and its impact on the company's future performance.

Historical Stock Returns for Welspun Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
+6.67%+6.98%+14.74%+11.32%+0.62%+703.50%
Welspun Enterprises
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Welspun Enterprises Eyes Fund Raising, Secures L1 Status for Major Maharashtra Infrastructure Projects

1 min read     Updated on 11 Oct 2025, 08:22 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Welspun Enterprises has announced L1 bidder status for two significant infrastructure projects in Maharashtra: a ₹7,300 crore Pune-Shirur highway project and a ₹3,145 crore water treatment plant for Mumbai. The company has scheduled a board meeting on October 15, 2025, to discuss fund raising through convertible equity warrants via preferential issue. The trading window for designated persons has been closed from October 1, 2025. The company has also submitted its regulatory compliance certificate for the quarter ended September 30, 2025.

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*this image is generated using AI for illustrative purposes only.

Welspun Enterprises Limited (NSE: WELENT, BSE: 532553) has announced a series of significant developments, including a planned board meeting to discuss fund raising and securing L1 bidder status for two major infrastructure projects in Maharashtra.

Board Meeting for Fund Raising

The company has scheduled a Board of Directors meeting for October 15, 2025, to consider fund raising through the issuance of convertible equity warrants via preferential issue. This strategic move could potentially bolster the company's financial position for future endeavors.

L1 Bidder Status for Infrastructure Projects

In a voluntary disclosure, Welspun Enterprises revealed its L1 (lowest bidder) status for two substantial infrastructure projects in Maharashtra:

Project Details Value Date of L1 Status
Pune-Shirur Highway 6-lane partially elevated highway corridor 7300.00 October 03, 2025
Panjrapur Water Treatment Plant 910 MLD capacity for Brihanmumbai Municipal Corporation 3145.00 October 08, 2025

The Pune-Shirur highway project comes with a 29-year concession period, while the water treatment plant project includes 15 years of operation and maintenance.

Trading Window Closure

In compliance with regulatory requirements, the company has closed the trading window for designated persons from October 01, 2025. This closure is likely related to the upcoming board meeting and potential fund-raising activities.

Corporate Governance Update

As per the latest LODR (Listing Obligations and Disclosure Requirements) data, Welspun Enterprises has submitted its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended September 30, 2025. This submission, made on October 10, 2025, confirms the company's compliance with regulatory requirements regarding dematerialization of securities and listing on stock exchanges.

These developments underscore Welspun Enterprises' active pursuit of growth opportunities in the infrastructure sector, while maintaining transparency and regulatory compliance. The outcome of the upcoming board meeting and the progression of these infrastructure projects will be crucial factors to watch in the coming months.

Historical Stock Returns for Welspun Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
+6.67%+6.98%+14.74%+11.32%+0.62%+703.50%
Welspun Enterprises
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