Prakash Steelage Ltd

(PRAKASHSTL)

Prakash Steelage Ltd is an ISO 9001: 2008, PED certified and government recognized Star Export House manufacturer of High Quality Stainless Steel Seamless and Welded Pipes Tubes, Utubes. With total installed production capacity of 15600 MTPA, their products have a range of sizes ranging from 1/4 NB to 24 NB Schedule 5 Schedule 10 Schedule 40 Schedule 80 etc. and 6.00 mm to 114.40 mm Outer Diameter with wall thickness from 0.50 mm to 6.00 mm. Their customer base is diverse and they have established a marketing network in several cities, including Ahmedabad, Delhi, Hyderabad, Chennai, and Mumbai. Their products have established wide acceptance in the markets of North America, South East Asia, Africa, Middle East, and Europe. Prakash Steelage Private Ltd was formed in 1991 and converted to a public limited company in 1997 with the name Prakash Steelage Ltd. In 2005, it was recognized as an Export house by the government. In 2009, the company was awarded with TUV Certificate for their unit at Silvassa by TUV Rheinland Industrie Service GmbH Cologne, Germany. To increase capacity, the company started a second facility at Umbergaon in Gujarat with an installed capacity of 8200 MTPA and extended from 15600 to 19000 MTPA in 2012. To plan for future business potential, the company has forayed into Duplex Super Duplex and Super Austenitic pipes/ tubes. They also established a Wholly Owned Foreign Subsidiary in UAE in 2013 and expanded the Umbergaon project to 20500 MT. Prakash Steelage Ltd has seen tremendous success and growth since it was incorporated in 1991. The company has been recognized as an Export House by the government and has achieved several achievements such as an ISO 9001:2008 certification and TUV Certificate. It has also made significant expansions and extended production capacity from 15600 to 19000 MTPA. They continue to strive for excellence by planning to foray into Duplex Super Duplex and Super Austenitic pipes/ tubes and expanding their production capacity.

Share Price: ₹8.73 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹154.35Cr as of today
Listing date: 25 Aug, 2010
Chairperson Name: Prakash C Kanugo