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About Welspun Specialty Solutions Ltd
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Welspun Specialty Solutions Limited (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 name change from RMG Alloy Steel Limited to Welspun Specialty Solutions Limited took place in August, 2019. 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.`94, to part-finance its proposed project, at a project cost of Rs 220 cr. Seamless pipes with total backward integration of the steel-making facility and rolling mill commenced trial production and commenced its commercial production in Oct`97. Later on, the Steel Plant and Rolling Mill commenced normal operations from January, 2004. However, the Pipe Plant operations normalized in July 2004. The Company was declared sick by BIFR and IDBI was appointed as Operating Agency. In the year 2005, pursuant to the Order of the Board for Industrial & Financial Reconstruction (BIFR) dated 18th October 2002, the Company allotted 3,67,75,000 Equity Shares of Rs 6/- each fully paid on preferential basis to some of the promoters of the Company against the Share Application Money Received. The Company supplied critical boiler tubes to Indian Navy in 2022, followed by the supply of first lot for project in aerospace/defence missile sector. It supplied U tubes of SS 317L material to a leading Heat Exchanger manufacturer. In 2024, many high value grades have been developed and delivered like 904L, S30432, Alloy 800/H, Alloy 625, Low Cobalt Steel for Nuclear Power, Hollow Bars, Welsonic 50 etc. The Company launched stainless steel boiler tubes AS-9100D project for super-critical power plants in collaboration with BHEL in FY 2025. It launched Welsonic-60 (UNS S21800), a new high-value grade, further enhancing the specialty product range. It secured a high-value order for Alloy K500 (Nickel-Copper grade) from a German customer, which is currently under execution.
Welspun Specialty Solutions share price as on 05 Dec 2025 is Rs. 36. Over the past 6 months, the Welspun Specialty Solutions share price has increased by 6.64% and in the last one year, it has decreased by 11.59%. The 52-week low for Welspun Specialty Solutions share price was Rs. 25.6 and 52-week high was Rs. 50.04.
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Welspun Specialty Solutions Ltd FAQs
You can buy Welspun Specialty Solutions Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Welspun Specialty Solutions Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2025 09:58 AM the closing price of Welspun Specialty Solutions Ltd was Rs.36.00.
The latest PE ratio of Welspun Specialty Solutions Ltd as of Dec 05, 2025 09:58 AM is 276.77
The latest PB ratio of Welspun Specialty Solutions Ltd as of Dec 05, 2025 09:58 AM is 5.37
The 52-week high of Welspun Specialty Solutions Ltd share price is Rs. 50.04 while the 52-week low is Rs. 25.60
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 05, 2025 09:58 AM, the market cap of Welspun Specialty Solutions Ltd stood at Rs. 2,385.40 Cr.
Market Outlook
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