KYC is one time exercise with a SEBI registered intermediary while dealing in securities markets (Broker/ DP/ Mutual Fund etc.). | No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.   |   Prevent unauthorized transactions in your account – Update your mobile numbers / email ids with your stock brokers. Receive information of your transactions directly from exchange on your mobile / email at the EOD | Filing Complaint on SCORES - QUICK & EASY a) Register on SCORES b) Mandatory details for filing complaints on SCORE - Name, PAN, Email, Address and Mob. no. c) Benefits - speedy redressal & Effective communication   |   BSE Prices delayed by 5 minutes...<< Prices as on May 13, 2025 - 3:59PM >>  ABB India 5636  [ 0.89% ]  ACC 1851.65  [ -0.40% ]  Ambuja Cements 538.45  [ -0.55% ]  Asian Paints Ltd. 2323  [ -1.32% ]  Axis Bank Ltd. 1193.95  [ -0.84% ]  Bajaj Auto 8064.5  [ 0.32% ]  Bank of Baroda 232.75  [ 2.60% ]  Bharti Airtel 1820.95  [ -2.74% ]  Bharat Heavy Ele 238.85  [ 2.53% ]  Bharat Petroleum 306.5  [ -0.78% ]  Britannia Ind. 5492.05  [ -2.08% ]  Cipla 1519.45  [ 0.49% ]  Coal India 395.55  [ 0.03% ]  Colgate Palm. 2595.05  [ -0.60% ]  Dabur India 473.35  [ -0.41% ]  DLF Ltd. 679.2  [ -0.23% ]  Dr. Reddy's Labs 1206.8  [ 0.96% ]  GAIL (India) 183.95  [ -2.05% ]  Grasim Inds. 2707.6  [ -1.16% ]  HCL Technologies 1620.5  [ -2.94% ]  HDFC Bank 1923.1  [ -1.76% ]  Hero MotoCorp 4062.9  [ 1.81% ]  Hindustan Unilever L 2360.5  [ -0.94% ]  Hindalco Indus. 634.9  [ -2.60% ]  ICICI Bank 1431.1  [ -1.28% ]  Indian Hotels Co 761.25  [ -1.05% ]  IndusInd Bank 770.35  [ -2.32% ]  Infosys L 1569.1  [ -3.54% ]  ITC Ltd. 428.05  [ -1.71% ]  Jindal St & Pwr 909.1  [ 0.47% ]  Kotak Mahindra Bank 2115.85  [ -1.41% ]  L&T 3570  [ -0.46% ]  Lupin Ltd. 2065  [ 1.18% ]  Mahi. & Mahi 3053.9  [ -1.63% ]  Maruti Suzuki India 12472.25  [ -1.13% ]  MTNL 41.5  [ 0.24% ]  Nestle India 2369.3  [ -0.55% ]  NIIT Ltd. 137.05  [ 0.40% ]  NMDC Ltd. 67.26  [ -1.15% ]  NTPC 341.75  [ -1.99% ]  ONGC 241.1  [ -1.19% ]  Punj. NationlBak 97.65  [ 1.93% ]  Power Grid Corpo 298.55  [ -3.40% ]  Reliance Inds. 1416.2  [ -1.42% ]  SBI 801.9  [ 0.04% ]  Vedanta 435.35  [ -0.13% ]  Shipping Corpn. 173.95  [ 0.38% ]  Sun Pharma. 1700.35  [ 0.84% ]  Tata Chemicals 837.25  [ -1.30% ]  Tata Consumer Produc 1118  [ -2.35% ]  Tata Motors 707.9  [ -1.76% ]  Tata Steel 149.5  [ -1.35% ]  Tata Power Co. 389.15  [ -0.64% ]  Tata Consultancy 3515.95  [ -2.88% ]  Tech Mahindra 1573.1  [ 0.03% ]  UltraTech Cement 11640  [ -0.84% ]  United Spirits 1552  [ -0.75% ]  Wipro 251.65  [ -2.23% ]  Zee Entertainment En 123.15  [ 5.12% ]  

Company Information

Indian Indices

  • Loading....

Global Indices

  • Loading....

Forex

  • Loading....

EVEREST KANTO CYLINDER LTD.

13 May 2025 | 03:59

Industry >> Packaging & Containers

Select Another Company

ISIN No INE184H01027 BSE Code / NSE Code 532684 / EKC Book Value (Rs.) 103.60 Face Value 2.00
Bookclosure 30/08/2024 52Week High 232 EPS 8.84 P/E 14.29
Market Cap. 1417.63 Cr. 52Week Low 103 P/BV / Div Yield (%) 1.22 / 0.55 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Everest Kanto Cylinder Limited was incorporated as Everest Kanto Cylinder Private Limited on 24th June 1978 under the Act. The company was promoted jointly by the families of Khuranas and Thakkar, both the families having trading background in High Pressure Seamless gas cylinders. Being conversant with the market, they identified a gap in the small cylinders market segment in the country, and jointly decided to put up a cylinder manufacturing unit in the year 1978. Later on, Mr J. T. Thakkar and family withdrew from the business and transferred his interest to Mr P. K. Khurana in September 1983.

Due to the aggregate turnover exceeding the prescribed limits, the Company became a deemed public company as per the provisions of the Act, namely section 43A of the Act in July 1, 1989. Subsequently, due to the amendment effected to the said Section 43A of the Act, the Company reverted to being a private limited company. On June 7, 2005, the company was converted into a public limited company and received fresh Certificate of Incorporation consequent to change of name to Everest Kanto Cylinder Limited.

The first manufacturing facility suitable for manufacturing small sized seamless cylinders of water capacity (1 to 21 litres) was set-up in collaboration with Kanto Koatsu Yoki Manufacturing Company, a Japanese cylinder manufacturer at Aurangabad in the year 1978. Later, EKC expanded its manufacturing capacity with in house technology by setting up a new facility at Tarapur in the year 1985 to manufacture large sized cylinders of higher water capacities (21 to 80 litres) which was later expanded to manufacture the widest range of High Pressure Gas cylinders with water capacity up to 280 litres and capable of withstanding extreme working pressure of upto 400 Bar. In order to tap the emerging potential for cylinders in markets like Iran, Pakistan, Bangladesh etc, EKC set up a new state of the art manufacturing facility at Dubai, which has gone into commercial production during 2003-04. Dubai plant has been set up in the Jebel Ali Free Trade Zone Area and functions as a Branch office of EKC under the operating name of "EKC Industries". In sum, the company has state of the art manufacturing facilities at Aurangabad, Tarapur and Dubai (UAE) and manufactures its cylinders from seamless tubes of international quality.

2007

- The Company has splits its face value from Rs10/- to Rs2/-.

2008

-Everest Kanto has received an order from Pakistan and Middle East countries for the supply of CNG cylinders

2009

-Everest Kanto Cylinder has completed the acquisition of a majority stake (72.65%) in Calcutta Compressions & Liquefaction Engineering Pvt. Ltd

2010

-Everest Kanto Cylinder has received orders for the export of CNG cylinders aggregating to about USD 5 Million.

-Everest Kanto Cylinder has established a wholly owned subsidiary (WOS) in Thailand by the name of EKC Industries (Thailand) Co. Ltd.

2011

-Mr. Vipin Chandok has been appointed as the Chief Financial Officer of the Company

2012

-Everest Kanto Cylinder sets up of step down wholly owned subsidiary in Germany

-Mr. P. K. Khurana has been appointed as Managing Director of the Company

2013

-Everest Kanto Cylinder Ltd Mr. P. M. Samvatsar as appointed as Director of the company.