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Axtel Industries Ltd.

BSE Live

Oct 19, 16:00
322.00 -7.20 (-2.19%)
Volume
AVERAGE VOLUME
5-Day
8,005
10-Day
8,207
30-Day
11,808
13,902
  • Prev. Close

    329.20

  • Open Price

    331.00

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Dec 27, 11:22
NT* 0.00 (0.00%)
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Axtel Industries is not listed on NSE
Company History - Axtel Industries
 Back Ground:- Advanced Extrufoil Technology and Exports Ltd (AXTEL),
 a Baroda based company is incorporated on 24th June 1975. On 8th
 December, 1992, AXTEL entered into the capital market with a public
 issue of Rs.61.25 lach equity shares. The company started its
 commercial production in the first quarter of 1993. 
 
 Project:- AXTEL is in the field of providing plants and know-how on
 turnkey basis for Food and Feed processing Industries for
 manufacturing electro deposited copper foils for Printed Circuit
 Boards. They also supplying material handling and process equipment
 for the Chemical, Food and Sugar Industries.  
 
 Equity Participation:- 42% of the equity is holding by NRIs. 41% by
 Indian Public and remaining 17% by the Promoters and Employees. 
 
 Group Companies:- Promoters already having two existing companies -
 Advanced Foil Exports and Age Technologies (P) Ltd.
 
 Technical Collaboration:- AXTEL has a technical collaboration with
 Advanced Foil Technologies, USA. However, company has not yet set up
 any plant based on their technology and no steps have taken towards
 technology absorption.
 
 Competitors:- In the field of Electro Foils, Gould Inc, USA, Yates
 and Mitsui (Japan) are the 3 major world competitors for the AXTEL.
 Earlier as a technology supplier, Advanced Foil supplied its
 technologies to 2
 other Indian companies. They are Pratap Rajasthan Copper Foils &
 Laminates Ltd, Rajasthan (presently a BIFR refered company) and
 Indian Galvanics Cyriam Foils Ltd, Gandhinagar in Gujrath (nearing
 completion).
   
 Export Strategy:- Earlier, AXTEL was planned to export 76% of its
 production because the product has a large demand in the
 International Market. But AXTEL failed to get regular export orders
 and presently it has no major export orders in hand.
  
 Raw-Material:- The major raw materials for its products are mild
 steel, stainless steel, sheets, bars, cirles and box angles of
 various sizes. Major suppliers are TISCO and IISCO.
 
 2008
 
 
 -E-mail ID for Investors Complaints : mcr@axtelindia.com
 
 2014
 
 -Axtel participated in International FoodTec India 2014 at Bombay
 Exhibition Centre.
 
 2015
 -Axtel Participated in International FoodTec India