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BSE: 500048 | NSE: BEML |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE258A01016 | SECTOR: Infrastructure - General

BSE Live

Sep 23, 16:00
1390.30 -16.15 (-1.15%)
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  • Open Price


  • Bid Price (Qty.)

    1385.00 (1)

  • Offer Price (Qty.)

    1390.30 (2)

NSE Live

Sep 23, 15:59
1388.40 -19.20 (-1.36%)
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  • Open Price


  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    1388.40 (48)

Company History - BEML
Our Company was incorporated by Government of India as a public sector
 undertaking under the Administrative control of Ministry of Defence,
 of Defence Production and Supplies. We were incorporated as a private
 company vide our certificate of incorporation bearing number 1530
 dated May 
 11, 1964 under the Companies Act by the name Bharat Earth Movers
 On the formation of our Company, the rail coach of Hindustan
 Aeronautics Limited 
 was transferred to us with land, building, plant and machinery,
 manpower and
 other infrastructure facilities as a going concern for a total
 consideration of 
 approximately Rs. 6 crores, which was met by issue of shares for
 other than cash.
 In the year 1992, the GoI decided to dis-invest our Equity Shares and
 by a resolution passed at the EGM held on February 21, 1992, we were
 into a public limited company through filing a statement in lieu of
 prospectus with 
 the RoC. We are a multi-technology company offering high quality
 products for 
 diverse sectors of economy such as coal, mining, steel, limestone,
 power, irrigation, 
 construction, road building, defence and railways. In the past four
 decades, we 
 have come to the forefront of heavy engineering industry and have
 marked a 
 significant presence in earthmoving industry.
 Since our incorporation, we have changed our registered office once.
 At the time 
 of formation of our Company, our registered office was situated at
 United Building,  
 J. C. Road, Bangalore - 560002. Subsequently, we changed our
 registered office 
 to the current Registered Office, which is at BEML Soudha, No. 23/1,
 4th Main 
 Road, Sampangiramanagar, Bangalore - 560 027.
 We have our manufacturing units at Kolar Gold Fields Complex,
 Bangalore Complex 
 and Mysore Complex. At our KGF Unit we are manufacturing heavy earth
 equipments like bulldozers, hydraulic excavators, mining shovels,
 backhoe loaders, 
 walking draglines, loaders, etc. At our Bangalore Unit, we are
 manufacturing railway 
 rolling stock, metro coaches, defence equipments and aggregates. At
 our Mysore 
 unit, we are manufacturing dumpers, motor graders, engines of
 different sizes and 
 capacities and also defence equipments. (For details with respect to
 area of land 
 and location, please refer to the section of Property Details of
 section on Our 
 Business on page 54 of this Red Herring Prospectus.)
 Our Subsidiary
 We have one subsidiary, namely Vignyan Industries Limited, which is
 engaged in 
 supply of different types of castings to diverse clientele. For
 further details with respect 
 to the subsidiary, please refer section tited Our Promoter,
 Subsidiary and Group 
 Companies on page 109 of this Red Herring Prospectus.
 Major Events:
 1964 - Incorporation of our company as a private limited company with
 registered office at Bangalore. Simultaneously, we took over as a
 going concern the 
 rail coach division of Hindustan Aeronautics Limited in Bangalore
 1968 - Establishment of the heavy earthmoving equipment division at
 Kolar Gold Fields.
 1979 - Collaboration agreement entered into by us with Komatsu
 Limited, Japan for 
 technical know-how in the manufacture of a wide range of earthmoving
 such as bulldozers
 1985 - Dump truck division established at Mysore
 1986 - Received National Import Substitution Award from Ministry of
 Technology, GoI
 1987 - An exclusive hydraulics and powerline division and a full
 fledged research and
 development center set up at Kolar Gold Field 
         - Purchase of Mysore complex unit
 1990 - Received Corporate Excellence Award for outstanding
 performance from 
 department of public enterprises, GoI
          - Asias largest 170 ton electric dump truck assembled and
 1991 - Engine division set up at Mysore for manufacturing heavy-duty
 diesel engines
 1992 - Conversion of our Company into a public limited company
          - Sub-division of our Equity Shares of face value of Rs.
 1000/- each to Equity 
 Shares of Rs. 10/- each
          - Recognition as an Export House with Star Exporter status
 1994 - Public Issue of 60,00,000 12.50% secured redeemable partly
 debentures of Rs. 195/- each for cash at par aggregating to Rs. 117
 crores offered to 
           - Listing of the Equity Shares at the Stock Exchanges at
 Bangalore, Mumbai, 
 Kolkata, Delhi and Chennai
           - Mammoth equipment walking dragline launched
 1995 - Rights issue of 10,00,000 12.50% secured redeemable partly
 debentures of Rs. 180/- each.
          - Crosses Rs. 1,00,000 lakh mark in sales turnover
          - Received ISO 9000 certification
 1996 - Major counter trade agreement with Syria executed against
 import of rock phosphate
 1997 - Recipient of award for Best Employer of the Physically
 handicapped from Ministry of
 Welfare, GoI
 1998 - Bags orders against World Bank tenders valued at Rs. 70,000
 lakh for equipment 
 supply to CIL projects
 1999 - Integrated hi-tech applications program implemented in
 divisions covering
 manufacturing, operations and communications
 2001 - Awarded the Best Exporter by the Department of Industry &
 Commerce, GoK
 2002 - Awarded the Best Exporter by the Department of Industry &
 Commerce, GoK
          - Regional award for highest exports awarded by Engineering
 Export Promotion Council,
 Southern Region
  - Manufacture and supply of hi-tech stainless steel metro coaches to
  - The Equipment division of Mysore unit was awarded the National
 Safety Award under
 the Scheme I and II
  - Awarded the Best Exporter by the Department of Industry &
 Commerce, GoK
  - Certificate of Excellence obtained from Engineering Export
 Promotion Council,
 Southern Region
  - 7 T Class Excavator - BE71 and Backhoe loader - BL 9H were
 formally launched.
  - Four cylinder indigenous engine B4D105 has been introduced as an
 earth moving
  - Awarded the Best Exporter by the Department of Industry &
 Commerce, GoK.
  - Our Companys Equity Shares got voluntarily delisted from DSE and
 MSE, and
 application made for voluntary delisting of our Equity Shares to
 -BEML Thrives with Rs 3680 mn orders
 -BEML signs MoU with HMT to Draw Financial Assistance provided by GoI
 for Metro Infrastructure
 -BEML signs MoU with Rotem for Aerobridges
 -BEML joins hand with Korean co Rotem to build aerobridges
 -BEML inks MoU with Delhi Metro
 -BEML inks MoU with HMT for metro rail coaches project
 -BEML - Secretary (Defence Production) inaugurates BEML Technology
 -BEML joins hand with US firm Terex Corp
  - The credit rating of our Company has been done by ICRA Limited and
 it has assigned
 IrAAA (pronounced as Issuer Rating Triple A) to our Company. This
 rating indicates
 the highest credit quality rating assigned by ICRA Limited, which
 means our Company
 carries the lowest credit risk.
  - Formation of Joint Venture Company in the name and style of BEML
 Midwest Limited
 on April 18, 2007 under the registration no.
 U13204AP2007PLC053653/2007-2008 with
 Midwest Granite Private Limited.
 - A consortium of BEML Ltd, Mitsubishi and Rotem has formally got the
 Delhi Metro Rail Corporation's order worth Rs 1,144 crore for metro
 - BEML Ltd has set up a subsidiary in Brazil for sourcing and
 assembling of mining and construction equipment to cater to the
 growing Latin American markets.
 -Company name has been changed from Bharat Earth Movers Ltd  to BEML
 -BEML joins hand with NTPC for mining tools
 -BEML Ltd has appointed Shri. P Dwarakanath, as Director of the
 Company effective March 01, 2008.
 - BEML Ltd has informed that the Government of India has appointed
 Shri. M Pitchlah as Director (Finance) on the Board of the Company.
 He took charge on July 14, 2008.
 -BEML Ltd has informed that Sri. S Ramesh, DGM (CS) holding charge of
 the post of Company Secretary from September 01, 2008 consequent upon
 superannuation of Sri. K C Medapa, has been appointed as Company
 Secretary of the Company by the Board of Directors at their meeting
 held on September 18, 2008.
 - Beml Limited has informed that The Government vide letter
 No.8(5)/2008-D(BEML), dt. 07.07.2009 have appointed the following
 Non-official Part-time Directors on the Board of BEML Limited: (1)
 Lt.Gen (Retd.) S. Pattabhiraman, Ex-Vice Chief of Army Staff. (2)
 Shri M.B.N. Rao, Ex-CMD, Canara Bank. (3) Shri J.P. Batra,
 Ex-Chairman, Railway Board. (4) Shri J.P. Singh, former Secretary to
 the Government of India.
 -BEML bags new coaches order from DMRC
 -BEML & Kamaz Vectra signs MoA to develop Commercial Vehicles
 -BEML donates Rs. 5.00 Crore for Construction of Houses in Karnataka
 Flood Hit Areas.
 -BEML - BEML Inaugurates Manufacturing Complex at Palakkad, Kerala
 -BEML Signs MoU with Govt. of Karnataka to establish yet another
 manufacturing complex in Bangalore
 -BEML joins hands with MECL
 -BEML Signs Business Agreement with Russian Company
 -BEML enters into Dredging Business - Signs Technical Tie-Up with
 VOSTA LMG, Netherland 
 -BEML Ltd. has received order worth Rs 230 crore from Central
 Coalfields Ltd. and Northern Coalfields Ltd.
 -Bharat Earth Movers Limited (BEML) has won Jaipur Metro order worth
 Rs 318 crore
 -BEML Bags Over Rs.500 Crores worth orders from Saudi Arabia & Indian
 -BEML to set up Aerospace manufacturing complex at SEZ Park,
 -The Company have recommended Dividend @ Rs. 2.50/- per share (25%)
 for the year 2012-13.                                                
 -BEML bags Rs 747 cr order from Delhi Metro
 -BEML wins Safety Award from Govt. of Kerala
 -Export Excellence Award for the year 2012-13 for BEML
 -BEML manufactured Jaipur Metro Cars flagged off
 -BEML rolls out 136th Metro Car to Delhi Metro RS6 Project
 -BEML exhibits its prowess at IME-2014
 -BEML rolls out 50th Metro Train set to BMRCL 'NAMMA METRO'
 -BEML launches Swachh Bharat Campaign
 -BEML Bags Rs.570 Crore Order from DMRC 
 -BEML Observes 'Vigilance Awareness Week
 -BEML Gets 'India's Top Challenger Company' Award
 -BEML joins Swachh Bharat Campaign 
 -BEML Bags Export Award
 -BEML Bags 645 Crore Order from Delhi Metro Rail Corporation
 -BEML wins star performer award for exports
 -BEML receives Raksha Mantri Award for exports
 -BEML bags Rs. 900 Crore Kolkata Metro Order
 -BEML wins prestigious SCOPE Award
 -BEML Ltd has gets Twin Awards
 -BEML bags 2 awards for Skill Development, CSR Initiatives
 -BEML bags International Award