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KNOWLEDGE MARINE & ENGINEERING WORKS LTD.

25 April 2025 | 12:00

Industry >> Engineering - General

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ISIN No INE0CJD01011 BSE Code / NSE Code 543273 / KMEW Book Value (Rs.) 176.36 Face Value 10.00
Bookclosure 19/09/2024 52Week High 2485 EPS 30.63 P/E 45.54
Market Cap. 1506.63 Cr. 52Week Low 1264 P/BV / Div Yield (%) 7.91 / 0.00 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 "Knowledge Marine & Engineering Works Private Limited" under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated October 26, 2015 bearing CIN: U74120MH2015PTC269596 issued by the Registrar of Companies, Maharashtra, Mumbai. Subsequently, the Company was converted into a Public Limited Company pursuant to the special resolution passed by the shareholders at the Extra-Ordinary General Meeting of the Company held on January 23, 2020 and consequent upon conversion the name of the Company was changed to "Knowledge Marine & Engineering Works Limited" vide a fresh certificate of incorporation dated January 31, 2020 bearing CIN: U74120MH2015PLC269596 issued by the Registrar of Companies, Mumbai.

Major events and milestones of the Company :

2016
- Salvage of Steel Walkway at Kandla Port and Replacing it with Newly Fabricated Walkway

2017
-Conversion of Hopper Barge River Pearl 2 into Grab Dredger

2018
- Flagging off ceremony of River Pearl 1 by Honorable Minister Mansukh L. Mandaviya (Minister of State for Ministry of Shipping Government of India)

2019
- Induction of TSHD River Pearl 4 at Kolkata Channel by Shri Vinit Kumar, (Chairman Kolkata Port Trust)
- Transportation of Pilot Boat River Pearl 3 by Road from Mumbai Port to Vizag Port and starting of the work at Vizag Port.

2020
- Completion of 1 Million Cubic Meters of Dredging under single order at Kolkata Port by TSHD River Pearl 4
- Successful completion of two and half years of deployment of River Pearl 1 without a single hour of down time / off hire
- Successful completion of two and half years of deployment of River Pearl 2 without a single hour of down time / off hire

2024 -KMEW has been awarded a work order from Mumbai Port Authority, The contract is for seven years and is valued at Rs. 19,27,09,393/ -KMEW received Letter of Award from Dredging Corporation of India for the Capital Dredging Work at Paradip Port. The Contract is Valued at 7.49 Crores. -KMEW received Letter of Award from Myanmar Port Authority for the work of maintenance dredging of Yangon River for the Fiscal Year 2024-25. -KMEW bags a project from from Inland Waterways Authority of India for an amount of Rs. 98.06 Crores.