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    PRAKASH STEELAGE LTD.

    24 April 2026 | 12:00

    Industry >> Steel - Tubes/Pipes

    Select Another Company

    ISIN No INE696K01024 BSE Code / NSE Code 533239 / PRAKASHSTL Book Value (Rs.) 0.55 Face Value 1.00
    Bookclosure 27/09/2024 52Week High 7 EPS 0.07 P/E 62.84
    Market Cap. 81.38 Cr. 52Week Low 4 P/BV / Div Yield (%) 8.43 / 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.
    Prakash Steelage Limited was incorporated on 09/05/1991 under the Companies Act, 1956 as `Prakash Steelage Private Limited' and received its Certificate of Incorporation from the Registrar of Companies, Maharashtra, Mumbai. The Company was subsequently converted into a public limited company on 12/08/1997 and receiveda fresh certificate of incorporation pursuant to the change in name. The Corporate Identity Number of the Company is U27106MH1991PLC061595. The Registered Office of the Company is situated at 701, MahalaxmiChambers, Bhulabhai Desai Road, Mumbai- 400026. Company first started off with trading activity i.e; trading in the stainless steel sheets, coils and plates. Subsequently we started our own manufacturing activity in the year 1996 by setting our first plant in the Union Territory of Dadra and Nagar Haveli with a capacity of 4000 MT per annum of welded stainless steel and seamless pipes & tubes. Considering the huge demand and future business potential we subsequently started our second unit at Umbergaon, Gujarat by setting a state of art manufacturing plant with the capacity of 8200 MT of welded stainless steel and seamless pipes & tubes in the year 2007. We are amongst the premier and an established manufacturer of a wide range of SS pipes and tubes. We are an ISO 9001-2008 certified Company, with a legacy of over 19 years of presence in the industry. Some of our competitors in the domestic market are Ratnamani Metal Limited, Suraj Stainless Limited, Rajendra Engineering and Mechanical Industries Limited. We also face competition in overseas market. In Europe there are companies like TPS (Germany), Tubacex (Spain), Speciality Steels (USA), Sandvick (Sweden) etc.

    Major events in the History of the Company:

    1991 Incorporation of the Company

    1996 Started our first manufacturing unit at Silvassa with a capacity of 4000 MTPA

    1997 Converted into a public limited company

    2002 Awarded with ISO 9001 : 2000 for our unit at Silvassa

    2005 Recognized as Export house by the Government.

    2007 Awarded with ISO 9001 : 2000 for our unit at Umbergaon 

    Started  our  second  `state  of  the  art'  manufacturing  facility  at  Umbergaon  with  a                                      capacity of 8200 MTPA. 


    Winner of Good house keeping competition by Directorate of Industries safety & health,                                      Government of Gujarat  


    2008
Certified  as  PED  (Pressure  Equipment  Directive),  AD  -  2000  - Merkbatt W  O  EIL,                                       Llyods & IBR Approved Company 


    Awarded with TUV Certificate for our unit at Umbergaon by TUV Rheinland Industrie                                     Service GmbH, Cologne, Germany 


    2009
Awarded with  TUV  Certificate  for  our  unit  at  Silvassa  by  TUV  Rheinland  Industrie                                      Service GmbH, Cologne, Germany
    Awarded with BS OHSAS 18001-2007 by RINA SpA, Genova, Italy

    Awarded with ISO-14001-2004 by RINA SpA, Genova, Italy

    2010 Recognised as Star Export House by Government of India

    Vendor Approval from Kuwait National Petroleum Company (Kuwait)

    2011 - Board has recommended a Dividend @ 10% (i.e. Rs. 1.00 per eq. share of Rs. 10/- each).

    2012 - Board has recommended a Dividend @ 10% (i.e. Rs. 1.00 per eq. share of Rs. 10/- each).

    2014 - Board has recommended a Dividend of Re.1/- (10%) on the fully paid-up 1,75,00,039 Equity Shares of Face Value of Rs.10/- each.

    2015 -Prakash Steelage Ltd Stock split (sub-division) of Equity Shares of the Company from the Face Value of Rs 10/- per share to Rs 1/- per share.

    2016 - Appointment of Mr. Dhaval Nareshbhai Darji as the 'Company Secretary and Compliance Officer' of the Company

    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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