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    MAGNUS STEEL AND INFRA LTD.

    13 October 2025 | 12:00

    Industry >> Cables - Power/Others

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    ISIN No INE898E01011 BSE Code / NSE Code 517320 / MAGNUS Book Value (Rs.) 9.08 Face Value 10.00
    Bookclosure 10/10/2025 52Week High 12 EPS 0.01 P/E 1,170.00
    Market Cap. 61.30 Cr. 52Week Low 10 P/BV / Div Yield (%) 1.29 / 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.
    Standard Cables Limited was incoporated as a Private Limited Company on 22.02.1978 and converted into Public Limited Company on 26th June, 1991. The company has been engaged in manufacturing and marketing of different types of copper Armoured & Unarmoured Power, Control & Telephone Cables, Wires & Flexibles, Screened Flexibles, PVC Insulated Wires and Flexibles etc. The company's products are well accepted by industrial customers and bear the Indian Standard Institution (ISI) mark for quality. The company's customers are leading Private & Public Sector companies in Southern India such as BHEL, ITI, HMT, NGEF, ISRO, HAL, Lakshmi Machines, SKF, MICO, Sundaram Clayton, West Coast Paper Mills, Grasim, Kudremukh etc. The Company was initially promoted by Mr. K K Subbaraman, Mr. S S Mani and others. The Company was taken over by Mr. Nirmal Suchanti and Mr. V N Tapuriah in the year 1988.

    2005

    -Company has changed its name from Standard Cables Ltd. to Savant Infocomm Ltd.

    2010

    --Registered Office of the Company has been shifted from Flat No 4, Ground Floor Rams MANASVINI Apartments to 181, Old No. 78-A, TTK Road Alwarpet Chennai 600018.

    2024

    -The Company name has changed to Magnus Retail Ltd. from Savant Infocomm Ltd.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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