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Company Information

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TEXMO PIPES & PRODUCTS LTD.

02 February 2026 | 12:14

Industry >> Plastics - Pipes & Fittings

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ISIN No INE141K01013 BSE Code / NSE Code 533164 / TEXMOPIPES Book Value (Rs.) 76.63 Face Value 10.00
Bookclosure 27/09/2024 52Week High 69 EPS 6.57 P/E 6.75
Market Cap. 129.51 Cr. 52Week Low 44 P/BV / Div Yield (%) 0.58 / 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.

Our Company started as a partnership firm under the name Shree Mohit Industries on May 13, 1999. The constitution of the partnership firm was changed from time to time and in the year 2008, the partners as on that date viz. Ms Rashmidevi, Mr. Sanjay Agrawal, Mr. Vijay Prasad Pappu, Mr. Mohanlal Shah, Mr. Rajesh Agrawal, Mr. Mehmood Khan and Mr. Ananda Nago Umale agreed to convert the business of the firm into a public limited company under the name and style of Texmo Pipes and Products Limited under Section 566 of the Companies Act, 1956. A fresh certificate of incorporation and Certificate of Commencement of business was issued on July 3, 2008 and July 28, 2008 respectively by Registrar of Companies, Madhya Pradesh & Chhattisgarh. To consolidate our operations, we have signed Business Transfer Agreement (BTA) on August 5, 2008 and August 6, 2008 for purchase of specified assets and liabilities of our three promoter group entities viz. Shree Balaji Industries, Shree Venkatesh Industries and Shree Padmavati Irrigation Private Limited. The salient features of this Agreement are disclosed on page no. 81 of this Red Herring Prospectus. Shree Mohit Industries started its operations in the financial year 1999-2000 with manufacturing of PVC pipes viz. rigid PVC pipes, PVC casing & screened pipes and caping and casing pipes. In the financial year 2001 it started manufacturing riser and plumbing pipe, conduit pipe and PLB HDPE Cable Duct. Subsequently in the year 2003 they started manufacturing suction & delivery hose pipe, elastomeric sealing ringfit PVC Pipe (Gasket Pipe), SWR Pipe, HDPE plain pipe, sprinkler pipe and drip irrigation system. Presently, we are engaged into manufacturing of wide range of PVC, HDPE and suction hose pipes viz. suction & delivery hose pipe, rigid PVC pipes, elastomeric sealing ringfit PVC Pipe (Gasket Pipe), PVC casing and screen pipes, SWR pipe, riser and plumbing pipe, conduit pipe, caping casing strips, column pipe, HDPE plain pipe, sprinkler pipe, PLB HDPE cable duct and drip irrigation system. The pipes manufactured by our Company suits the requirements of application in agriculture, potable water supply schemes, sewerage and drainage systems, construction industry, telecom industry, bore well for underground water suction, etc., ranging in sizes from 20 mm diameter to 315 mm diameters in all pressure ratings. Major events of our Company Financial Year Event 1999- 2000 Started as a partnership firm under the name Shree Mohit Industries. The partnership deed was signed on May 13, 1999 between Ms. Rashmidevi Agrawal, Mr Sanjay Agrawal and Master Mohit Agrawal Started manufacturing Rigid PVC pipes, PVC Casing and Screen pipes and caping casing pipes The partnership deed dated May 13, 1999 was dissolved and a new partnership deed dated August 1, 1999 was signed between Mr. Sanjay Agrawal, Ms. Abhadevi, Ms. Rashmidevi Agrawal and Master Mohit Agrawal. 2000- 2001 Received our first ISI licenses from The Bureau of Indian Standard to use the standard mark i.e. `ISI'. 2001- 2002 Started manufacturing Riser and Plumbing pipe, Conduit Pipe, PLB HDPE Cable Duct The partnership deed dated August 1, 1999 was dissolved and a new partnership deed dated April 1, 2001 was signed between Ms. Rashmidevi Agrawal, Mr. Sanjay Agrawal and Master Mohit Agrawal Accredited with ISO-9001:2000 certification in respect of our quality management systems from SGS United Kingdom Limited 2003- 2004 Our permanently lubricated HDPE were approved by Bharat Sanchar Nigam Limited, Bangalore. Started manufacturing suction & delivery hose pipe, elastomeric sealing ringfit PVC Pipe (Gasket Pipe), SWR pipe, HDPE plain pipe, sprinkler pipe and drip irrigation system 2005- 2006 Maharashtra Jeevan Pradhikaran enlisted our firm as an approved supplier of specified PVC pipes 2006- 2007 Government of Maharashtra enlisted our firm for supply of specified pipes for Jalswarajya Project 2007- 2008 Gujarat Water Supply and Sewerage Board approved our Company as the approved manufacturer (vendor) for supply of UPVC Casing and Screen pipes. The partnership deed dated April 1, 2001 was dissolved and a new partnership deed dated June 25, 2008 was signed between Ms Rashmidevi Agrawal, Mr. Sanjay Agrawal, Mr. Vijay Prasad Pappu, Mr. Mohanlal Shah, Mr. Rajesh Agrawal, Mr. Mehmood Khan and Mr. Ananda Nago Umale 2009 -Converted into a Public Limited Company under the name Texmo Pipes and Products Limited -Received Certificate of Incorporation -Received the Certificate of Commencement of Business -Commissioning of Unit 2 at Bahadarpur Road, Buharanpur, Madhya Pradesh. 2011 -Commencement of the commercial production. -Formation of the Wholly Owned Subsidiary Company of Texmo Pipes and Products Limited. 2012 -Texmo Pipes conferred with Bhamashah Award from Govt of MP. 2013 -Texmo Pipes & Products appointed Smt. Rashmi Devi Agrawal as additional director. 2014 -Texmo Pipes & Products - Award of new Orders worth Rs. 60.91 Crore. -Texmo Pipes and Products Ltd. has informed that commercial production of one of the most prestigious and much awaited project of CPVC Pipes and Fittings has been started. 2018 -Texmo Pipes & Products bagged an order of HDPE Pipe worth Rs 81.30 Cr from Larsen & Toubro, Chennai. 2019 -Rating Agency Brickwork Rating India Private Limited has reaffirmed Bank loan rating of Texmo Pipes and Products Limited. 

2020                                                                                                                                                                                      -The Company has received an order of HDPE Pipe/ PVC Pipes worth Rs 56.09 Cr from Multiple Contractors. 

2021                                                                                                                                                                                      -The Company has received orders from multiple Contractors of HDPE Pipes worth Rs. 121 Cr.                                  -  -The Company has received orders from multiple Contractors of HDPE Pipes worth Rs. 48.40 Crores.

2022                                                                                                                                                                                      -The Company has launched a new product "TEXMO WATER TANK'

2023
-Texmo Pipes and Products Limited has incorporated a new Company in the name of 'Shree Venkatesh Polymers Private Limited' a Wholly Owned Subsidiary of the Company incorporated on April 30, 2023.