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Company Information

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ZENITH STEEL PIPES & INDUSTRIES LTD.

13 October 2025 | 03:50

Industry >> Steel - Tubes/Pipes

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ISIN No INE318D01020 BSE Code / NSE Code 531845 / ZENITHSTL Book Value (Rs.) -18.22 Face Value 10.00
Bookclosure 30/09/2024 52Week High 10 EPS 0.02 P/E 600.00
Market Cap. 128.05 Cr. 52Week Low 6 P/BV / Div Yield (%) -0.49 / 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 was incorporated under the provisions of Companies Act on August 5, 1960 Our company was promoted by house of Birla and received its Certificate of Commencement of business 17th August, 1960 as Zenith Steel Pipes Limited with the main object to manufacture black welded and galvanized steel pipes We have changed our name as under: 1. From Zenith Steel Pipes Ltd. in 1960 to Zenith Steel Pipes & Industries Ltd. with effect from 31st October 1975. 2. From Zenith Steel Pipes and Industries Ltd. to Zenith Ltd. with effect from 28th January,1986 3. From Zenith Ltd. to Zenith Birla (India) Ltd. with effect from 18th October 2005. Changes in Registered Office of our Company The Registered Office of our Company was changed from Industry House, 159, Churchgate Reclamation, Mumbai - 400 020 to Moti Mahal, 195, Churchgate Reclamation, Mumbai - 400 020 in the year 1963-1964 and then to the present address at Dalamal House, 1st Floor, J. B. Marg, Nariman Point, Mumbai - 400 021 with effect from October 30, 2002. 1. 1960 Incorporation of Co. as Zenith Steel Pipes Ltd. for Mfg. Of Steel Pipes & Tubes 2 1960 1st Public Issue of Equity Shares 3 1961 Started Factory at Khopoli for Pipe Mfg. 4 1962 Pipe production started at Khopoli 5 1968 Rolls & Shears Divisin (RSD)/Tool Mfg. Division (TMD) Started 6 1974 Special Steel Division Started at Khopoli 7 1980 Chemical Division started at Boisar for Mfg. Dyeintermediates & production started 8 1981 Joint Venture in PT South Pacific Viscose incorporated in Indonesia 9 1980-81 Paper Plant at Banah (Punjab) started 10 1982 Indian Tool Mfrs. Ltd. merged with the Co. 11 1982 Textile Division of M/s. Indian Tool Mfrs. Ltd. became a division of our Co. after its merger with the Co. 12 1982 M/s. Avit Overseas Corporation, New York, Subsidiary of ITM, became our Subsidiary Co. 13 1982-83 Equity Shares alloted to the holders of 13.5% Secured Debentures of Rs. 120/- each in terms of Right attached 14 1983-84 Allotment of Equity Shares in terms of scheme of amalgamation of ITM with the Co. 15 1989 Created new Division `Zenith International' for Exports 16 1991 Co. had gone under BIFR 17 1992 Co. was declared as Sick Industrial Co. by BIFR 18 1994-95 Paper Division was sold to M/s. Shreyans Industries Ltd. 19 1995-96 Reduction of Equity Share Capital by 75% as per BIFR Order dated 08-01- 1996 20 1996 Special Steel Division sold to M/s. Isibars Ltd. 21 1997 Rehabilitation Scheme sanctioned by BIFR was implemented 22 2000 BIFR declared that the Co. ceased to be a Sick Industrial Co. 23 2002 3 New subsidiary companies formed: (1) M/s. Valueworth Trade Pvt. Ltd., (2) M/s. Zenith Dyeintermediates Ltd., & (3) M/s. Khamgaon Syntex India Ltd. 24 Nov.-2004 Chemical Division hived off & sold to M/s. Nipur Chemicals Ltd. 25 2005 Textile Division transferred to M/s. Khamgaon Syntex India Ltd. 26 2005 Change of Name as `Zenith Birla (India) Ltd.' 2010 -Zenith Birla (India) Ltd has given the Bonus in the Ratio of 1:5 2012 - The Company has received the awarded for Export Excellence by Government of India 2013 -Zenith Birla (India) Ltd has informed that Mr. Vimal Prakash Dubey has been appointed as Company Secretary and Compliance Officer w.e.f. June 18, 2013. 2014 -Zenith Birla (India) Ltd has informed that Mr. Anirudha Waghmare has been appointed as additional Director on September 30, 2014. -Zenith Birla (India) Ltd has informed that Mr. Ashok Kumar Saaliyan has been appointed as additional Director on December 01, 2014. 2020 -Company name has changed to Zenith Steel Pipes & Industries Ltd. from Zenith Birla (India) Ltd..