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HI-TECH PIPES LTD.

01 July 2025 | 11:54

Industry >> Steel - Tubes/Pipes

Select Another Company

ISIN No	INE106T01025	BSE Code / NSE Code	543411 / HITECH	Book Value (Rs.)	36.99	Face Value	1.00
Bookclosure	14/09/2024	52Week High	211	EPS	3.59	P/E	27.89
Market Cap.	2034.73 Cr.	52Week Low	85	P/BV / Div Yield (%)	2.71 / 0.02	Market Lot	1.00
Security Type	Other

History of Company

The company history sections lists out major chronological events that happened to the company.

The Company was incorporated as Ram Lal Harbans Lal Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated January 02, 1985 and Certificate of commencement of Business dated January 23, 1985 in New Delhi.Subsequently, the name of the Company was changed to Hi-Tech Pipes Limited vide fresh certificate of incorporation dated October 15, 1986.

KEY EVENTS AND MILESTONES IN THE HISTORY OF THE COMPANY :

1985 -The company was incorporated as Ram Lal Harbans Lal Limited

1986 -Certificate of Commencement of Business.

-The name of the Company was changed to Hi-Tech Pipes Limited

1988 -Started Production of MS. Pipes.

1996 -Started Production of Strips.

1999 -Issued bonus share in the ratio of 1:1 to the shareholders

2013 -Issued bonus share in the ratio of 5:1 to the shareholders

2015

-Issued bonus share in the ratio of 1:1 to the shareholders

-Gross Turnover of the Company crossed Rs. 500 crores.

-Started production at Sanand plant Gujarat.

2016

-Super SME Award 2016 Awarded to HI-Tech Pipes Ltd.

2018 -"Installation of 400 KW Grid Connected Solar Power Plant (Rooftop Solar Project ) at Hindupur Facilities, Andhra Pradesh".

2019

-RECEIVED TOP PERFORMER AWARD FROM SAIL.

2021

-"The New State-Of-The-Art, ERW Pipe Manufacturing Facility in Khopoli, Maharashtra Commences Commercial Production; Installed Capacity of 80,000 MTPA".

2022

-Hi-Tech Pipes received 'Ispat Agradoot Award 2022'.

2023

-The Company has splits its face value from Rs. 10/- to Rs. 1/-. - Commenced Commercial Production of Color Coating Line at Sikandrabad Facility,

2024

-The Company Commissioning of Sanand Unit-II Phase-1 (Gujarat) and Establishment of New Greenfield Unit-III at Sikandrabad (U.P.) & Sanand Unit-II Phase-2 (Gujarat)"".