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Srikalahasthi Pipes Ltd.

BSE: 513605 | NSE: SRIPIPES |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE943C01027 | SECTOR: Steel - Pig Iron

BSE Live

Nov 27, 16:00
132.25 1.85 (1.42%)
Volume
AVERAGE VOLUME
5-Day
14,006
10-Day
21,832
30-Day
14,108
21,233
  • Prev. Close

    130.40

  • Open Price

    129.95

  • Bid Price (Qty.)

    131.40 (10)

  • Offer Price (Qty.)

    132.25 (200)

NSE Live

Nov 27, 15:53
132.00 1.75 (1.34%)
Volume
AVERAGE VOLUME
5-Day
133,820
10-Day
196,193
30-Day
145,229
144,295
  • Prev. Close

    130.25

  • Open Price

    130.75

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    132.00 (725)

Company History - Srikalahasthi Pipes
Lanco industries was incorporated in the year 1991. It has two main
 products - pig iron and slag cement. 
 
 Commercial production at the pig iron plant in Tirupathi started in
 Sept. 1994. Capacity utilisation is 95.4% of rated capacity for
 1996-97.
 
 The company's captive power plant was commissioned in Feb 1995. For
 the year 1996-97, the company produced 24.8 MW internally which was 
 88% of its total consumption.
 
 The company has a downstream 70,000 TPA Slag cement plant, 50% of
 input coming from the pig iron plant. Commercial production started
 in April 1996. Capacity utilisation is 47.39% of rated capacity for
 1996-97.
 
 The company raised Rs. 454.73 lacs through a Rights issue of 1:5
 during  the year 1995-96 for its expansion/diversification into
 cement production.
 
 2001 - The Company has signed an agreement with CDSL, NSDL and Aarthi
 Consultants Pvt.
               Ltd., Hyderabad, for dematerialisation.
 
 2002-Lanco Industries Ltd has informed that Shri L Madhusudhan Rao
 the present Managing Director has resigned from the position of MD of
 the company and the Board has accepted the resignatio and also
 appointed Sri Gowri Shankar Tekriwal as Managing Director subject to
 the approval of shareholders and financial institutions.
 
 2004
 
 -Lanco signs MoU for Chhattisgarh project with UK firm
 
 2005
 
 -Commissioning of 150,000 TPA coke oven plant. 
 
 -Setting up of Captive Power Plant of 12 MW by using the waste heat
 recovered from the coke oven plant. 
 
 2006
 
 -Capacity of D.I.Pipes was further increased from 90,000 TPA to
 1,20,000 TPA and the 12 MW Waste Heat Recovery Based Co-Generating
 Captive Power Plant was set up, which started generating power
 
 2007
 
 -Stamp Charging System was successfully implemented at Coke Oven
 Plant for producing quality metallurgical coke at a lower cost. 
 
 - Shri. Mayank Kejriwal has been appointed as Managing Director of
 the Company.
 
 2008
 
 -Company implemented ERP system (SAP) to support business process and
 effective resource planning and management.
 
 2009
 
 -Capacity of D.I. Pipes was increased from 1,20,000 TPA to 1,80,000
 TPA
 
 2010
 
 -Capacity of Mini Blast Furnace (MBF) for production of Liquid
 Metal/Pig Iron was enhanced from 150,000 TPA to 225,000 TPA and also
 the capacity of DI Pipes was enhanced from 180,000 TPA to 225,000 TPA
 with a capital outlay of about Rs.45 Crores. 
 
 2011
 
 -Shri S.Y.Rajagopalan was appointed as an Additional Director on the
 Board of Directors of the Company
 
 2012
 
 -Shri K. Rajendra Prasad was appointed as Nominee Director on the
 board of the company by APIDC
 
 2013
 
 -Lanco Industries Ltd has informed that Mr. Atosh R. Surana, Sr.
 General Manager - Finance who is also a Member of The Institute of
 Company Secretaries of India has been appointed as Company Secretary
 and Compliance Officer of the Company.
 
 2014
 
 -Lanco Industries Ltd has informed that the Board of Directors of the
 Company has recommended a dividend of Rs. 1.50 (15%) per share for the
 year ended March 31, 2014.
 
 -Srikalahasthi Pipes Ltd has informed that the name of the Company
 has been changed from Lanco Industries Ltd. to Srikalahasthi Pipes
 Ltd. with effect from September 29, 2014.
 
 2015
 -Srikalahasthi Pipes bags orders for supply of iron pipes.