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Veremente Enterprises Private Ltd.
We offer our employees a dynamic, collaborative work environment that fosters growth, learning, and development. We also provide our employees with ...|We specialize in development and operations of roads & highways, water and wastewater projects across various Public-Private Partnership (PPP) models in ...|Connect With Us · Registered Office · Corporate Office · Branch Office · Get In Touch · Thank you for submitting your details! Our team will connect with you ...|Explore India's well-established infrastructure developers - Welspun enterprises limited. Discover our projects in the infrastructure and energy sectors.|Welspun Group is one of India's fastest growing global conglomerates, with a dominant presence in home and advanced textiles, infrastructure, oil & gas, ...|Explore India's well-established infrastructure developers - Welspun enterprises limited. Discover our projects in the infrastructure and energy sectors.|Explore India's well-established infrastructure developers - Welspun enterprises limited. Discover our projects in the infrastructure and energy sectors.
Country/Area ：India
Industry ：Chemicals, Petrochemicals, Glass & GasesPetrochemicalsManufacturing
Company address ：SURVEY NO. 684 , WELSPUN CITY,,VIL LAGE VERSAMEDI ANJAR,GUJARAT
Company website ：*****
Company phone ：+91 2266136000
Established ：-
Company Revenue ：$295,377,000
Number of employees ：1100
SIC Code ：13131
NAICS Code ：21211
Company News
Welspun Enterprises gain more than 3% on acquiring majority stake in Michigan Engineers ...
Aug 22, 2023
Authum Investment & Infrastructure Ltd (AII) divested a 36.05 per cent stake in Michigan Engineers to Welspun Enterprises for Rs 98.63 crore. Sansaar Housing Finance Ltd (SHF) also divested its remaining 14.05 per cent stake in MEPL to WEL for Rs 38.44 crore. Get more Stocks News and Business News on Zee Business.
Aug 22, 2023
Welspun Enterprises Buys 50% Stake In Michigan Engineers For Rs 137 Crore - BQ PrimeAug 21, 2023
Welspun Enterprises Ltd. on Monday announced acquiring a little over 50% stake in technology-based EPC firm Michigan Engineers Pvt. for Rs 137.07 crore.
Aug 21, 2023Welspun Enterprises Board Approved Stake Purchase in Michigan Engineers - EquitypanditJul 28, 2023
Welspun Enterprises signed a stake purchase agreement to purchase a 50.10% stake purchase in Michigan Engineers.
Jul 28, 2023Welspun Enterprises gains as stake buy in Michigan Engineers to boost water infra bizJul 28, 2023
The acquisition is in line with the strategy of Welspun Enterprises to grow the water infrastructure business segment. This will enable its entry into the tunnelling business, which complements its existing water and road business.
Jul 28, 2023Business Info
CIN ：U52100GJ2012PTC072946
Registered State ：Gujarat
Registrar Of Companies ：RoC-Ahmedabad
Category ：Company limited by Shares
Sub Category ：Non-govt company
Company Class ：Private
Company Status ：Active
Registered Office Address ：Survey No. 684, Welspun City, Village Versamedi, Taluka Anjar, Dist. Kutch Anjar Kachchh GJ IN 370110
Authorized Cap ：150000000.00
Paidup Capital ：107700000.00
Web Summary
Q1: What is the name of the company and its parent organization?
A1: The company's name is Veremente Enterprises Private Ltd., and it is a subsidiary of Welspun Enterprises Limited (WEL), one of India's fastestgrowing infrastructure developers.
Q2: In which sectors does Veremente Enterprises Private Ltd. specialize in development and operations of projects?
A2: The company specializes in the development and operation of road & highways, water & wastewater, and tunnelling projects across various PublicPrivate Partnership (PPP) models in rural and urban parts of India.
Q3: What is the name of the Joint Venture company invested by Veremente Enterprises Private Ltd. in Oil & Gas exploration assets?
A3: The Joint Venture company is Adani Welspun Exploration Limited (AWEL).
Q4: What is the total revenue of Veremente Enterprises Private Ltd. for FY24, and what is the revenue CAGR from FY 201723?
A4: The total revenue for FY24 is ₹ 2,450 Cr, with a revenue CAGR of 51% from FY 201723.
Q5: What is the order book size of Veremente Enterprises Private Ltd. as of March 31st, 2024?
A5: As of March 31st, 2024, the order book size is ₹ 12,200 Cr + (approximately) 42 Lakh.
Q6: How many beneficiaries have been impacted through CSR initiatives by Veremente Enterprises Private Ltd., and what is the total number of lives impacted?
A6: The company has benefited approximately 3,200 people through its water projects, and a total of 5,11,725 lives have been impacted through CSR initiatives in FY23.
Q7: What are some of the iconic transportation projects undertaken by Veremente Enterprises Private Ltd.?
A7: Some of the notable transportation projects include the DelhiMeerut Expressway (14lane expressway), sixlaning of DelhiMeerut Expressway & eightlaning of NH24 in New Delhi, and fourlaning of Sattanathapuram to Nagapattinam section of NH45A in Tamil Nadu.
Q8: What is the name of the gas discovery made by Adani Welspun Exploration Limited (AWEL) in the Mumbai Offshore Basin?
A8: The gas discovery was made in the second exploratory well drilled under Exploration PhaseII (2021), near ONGC's prolific B12 field.
A1: The company's name is Veremente Enterprises Private Ltd., and it is a subsidiary of Welspun Enterprises Limited (WEL), one of India's fastestgrowing infrastructure developers.
Q2: In which sectors does Veremente Enterprises Private Ltd. specialize in development and operations of projects?
A2: The company specializes in the development and operation of road & highways, water & wastewater, and tunnelling projects across various PublicPrivate Partnership (PPP) models in rural and urban parts of India.
Q3: What is the name of the Joint Venture company invested by Veremente Enterprises Private Ltd. in Oil & Gas exploration assets?
A3: The Joint Venture company is Adani Welspun Exploration Limited (AWEL).
Q4: What is the total revenue of Veremente Enterprises Private Ltd. for FY24, and what is the revenue CAGR from FY 201723?
A4: The total revenue for FY24 is ₹ 2,450 Cr, with a revenue CAGR of 51% from FY 201723.
Q5: What is the order book size of Veremente Enterprises Private Ltd. as of March 31st, 2024?
A5: As of March 31st, 2024, the order book size is ₹ 12,200 Cr + (approximately) 42 Lakh.
Q6: How many beneficiaries have been impacted through CSR initiatives by Veremente Enterprises Private Ltd., and what is the total number of lives impacted?
A6: The company has benefited approximately 3,200 people through its water projects, and a total of 5,11,725 lives have been impacted through CSR initiatives in FY23.
Q7: What are some of the iconic transportation projects undertaken by Veremente Enterprises Private Ltd.?
A7: Some of the notable transportation projects include the DelhiMeerut Expressway (14lane expressway), sixlaning of DelhiMeerut Expressway & eightlaning of NH24 in New Delhi, and fourlaning of Sattanathapuram to Nagapattinam section of NH45A in Tamil Nadu.
Q8: What is the name of the gas discovery made by Adani Welspun Exploration Limited (AWEL) in the Mumbai Offshore Basin?
A8: The gas discovery was made in the second exploratory well drilled under Exploration PhaseII (2021), near ONGC's prolific B12 field.
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