SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Welspun Corp plans to raise Rs 1,000 crore

13 Jul 2012 Evaluate

Welspun Corp, second largest pipe company in the world, is planning to raise Rs 1,000 crore through issue of non-convertible debentures, to repay its debt. It is going to use these funds for refinancing of NCD, external commercial borrowings and possible early redemption of foreign currency convertible bonds.

Recently, company has won pipes order worth Rs 1,738 crore from international and domestic markets. Following the addition of these orders, the current order book of the company stands at Rs 9,185 crore without excluding the order being executed in the current quarter.

Welspun Corp Share Price

1509.00 -10.75 (-0.71%)
01-Jul-2026 09:49 View Price Chart
Peers
Company Name CMP
Tata Steel 187.45
JSW Steel 1214.30
Steel Authority 170.90
Jindal Stainless 687.25
APL Apollo Tubes 1769.80
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: