Surani Steel Tubes Ltd
SURA

Surani Steel Tubes Ltd (SURANI)

₹36.1--

Key Stats

₹36.1
Day's Price Range
₹39
₹23.65
52-Week Price Range
₹49.55
1 Month Return-3.48 %
3 Month Return-21.87 %
1 Year Return12.11 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 264
EPS
Rank 264
BVPS
Rank 298
Dividend Yield
Rank 134
ROE
Rank 47
18.73%
Price To Book Ratio
Rank 239
Debt To Asset
Rank 297

Company Information

Surani Steel Tubes Limited was originally incorporated as a private limited company with the name Surani Steel Private Limited on July 31 2012. Further in order to align with the business of the Company the name of the Company was changed to Surani Steel Tubes Private Limited on August 13 2018. Subsequently the Company was converted into a Public Limited Company pursuant to shareholders resolution passed at Extraordinary General Meeting of the Company held on August 29 2018 and the name of the Company was changed to Surani Steel Tubes Limited on September 12 2018. Mukesh Patel and Dinesh Patel were the initial subscribers to the Company. The Current Promoters of the Company are Mukesh Patel Dinesh Patel Karshan Patel Prakash Patel Mani Patel Prakash Karsanbkai Patel HUF and Karsanbhai Devjibhai Patel HUF. Surani Steel the venture of Vinayak Group is engaged in the business of manufacturing of Electric Resistance Welding Mild Steel ERW MS Pipes round pipes square and rectangular hollow Sections in various specifications sizes ranging from 20NB to 100NB and also in the trading of Hot Rolled Coil HR Coil and HR slit coils. These Products have wide applications in varied industries like Architectural Infrastructural Industrial and Engineering Industry. The Company is an ISO 9001: 2015 certified company for manufacturing and Supply of ERW pipes. It has also been granted the IS 4923:1997 and IS 1161:2014 Quality Standard License from Bureau of Indian Standards. The company strives to provide diversified range of products manufactured at their plant located at Dahegam Gandhinagar in Gujarat on approximately 8300 square meter of land having an installed capacity of 25000 MT p.a. for the financial year 201718.The Company has set up a new manufacturing facility to manufacture ERW MS Pipes round pipes square and rectangular hollow Sections in various specifications sizes ranging from 100NB to 300NB.
OrganisationSurani Steel Tubes Ltd
HeadquartersGandhinagar
IndustrySteel