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Shree Steel Wire Ropes Ltd.

BSE: 513488 | NSE: | Series: NA | ISIN: INE387D01025 | SECTOR: Steel - Medium & Small

BSE Live

Oct 28, 15:44
16.60 0.00 (0.00%)
Volume
AVERAGE VOLUME
5-Day
1,113
10-Day
806
30-Day
977
3,528
  • Prev. Close

    16.60

  • Open Price

    16.50

  • Bid Price (Qty.)

    16.60 (21)

  • Offer Price (Qty.)

    17.85 (50)

NSE Live

Dec 27, 11:22
NT* 0.00 (0.00%)
Volume
No Data Available
0
  • Prev. Close

    -

  • Open Price

    -

  • Bid Price (Qty.)

    - (0)

  • Offer Price (Qty.)

    - (0)

Shree Steel Wire Ropes is not listed on NSE
Company History - Shree Steel Wire Ropes
Shree Steel Wire Ropes Limited (Shree) was incorporated on 29th June, 
 1992 with the Registrar of Companies, Maharashtra at Bombay. The
 Company is promoted by Mr. C.N.Shah, Mr. A.R. Shah and Mr. R.L. Shah
 engaged in  the manufacture and trading, including exports of steel
 wire ropes having a unit for the manufacture of the same with an
 installed capacity of 1200 TPA at Kanjur Marg, Bombay.  The business
 origin of the unit dates back to 1972 when it was established as a
 partnership firm under  the name Shree Wire Rope Manufacturing
 Company.  The existing business  of the partnership firm was taken
 over by Shree Steel Wire Ropes Ltd.  with effect from 1st October,
 1992, for a consideration of Rs.125 Lacs.  The assets and liabilities
 of the firm were assigned to the Company vide an Assignment Deed.  The
 consideration for assignment of business by the Partnership firm to
 the Company on Going Concern basis was arrived at by the common
 valuer appointed by consent of both the parties at Rs. 1,25,00,000.
 Only the fixed assets of the firm, mainly plant and machinery, were
 revalued on the basis of Fair Market Value of the assets as on
 01/10/1992.
 
 Now the company is planning to diversify by entering into the
 manufacture of Auto Control cables.  Also the company plans to enter
 into export of diamonds, gems and jewellary. The company is seeking
 another new pasture into the field of financial service sector.