PRAKASH STEELAGE Share price

Prakash Steelage Limited was incorporated on 09/05/1991 under the Companies Act 1956 as ?Prakash Steelage Private Limited? and received its Certificate of Incorporation from the Registrar of Companies Maharashtra Mumbai. The Company was subsequently converted into a public limited company on 12/08/1997 and receiveda fresh certificate of incorporation pursuant to the change in name. The Corporate Identity Number of the Company is U27106MH1991PLC061595. The Registered Office of the Company is situated at 701 MahalaxmiChambers Bhulabhai Desai Road Mumbai- 400026. We first started off with trading activity i.e; trading in the stainless steel sheets coils and plates. Subsequently westarted our own manufacturing activity in the year 1996 by setting our first plant in the Union Territory of Dadraand Nagar Haveli with a capacity of 4000 MT per annum of welded stainless steel and seamless pipes & tubes. Considering the huge demand and future business potential we subsequently started our second unit at Umbergaon Gujarat by setting a state of art manufacturing plant with the capacity of 8200 MT of welded stainless steel and seamless pipes & tubes in the year 2007. We are amongst the premier and an establishedmanufacturer of a wide range of SS pipes and tubes. We are an ISO 9001-2008 certified Company with a legacy ofover 19 years of presence in the industry. Some of our competitors in the domestic market are Ratnamani Metal Limited Suraj Stainless Limited RajendraEngineering and Mechanical Industries Limited. We also face competition in overseas market. In Europe there are companies like TPS (Germany) Tubacex (Spain) Speciality Steels (USA) Sandvick (Sweden) etc. Major events in the History of the Company:Year Event 1991 Incorporation of the Company 1996 Started our first manufacturing unit at Silvassa with a capacity of 4000 MTPA 1997 Converted into a public limited company 2002 Awarded with ISO 9001 : 2000 for our unit at Silvassa 2005 Recognized as Export house by the Government. 2007 Awarded with ISO 9001 : 2000 for our unit at Umbergaon 2007 Started our second ?state of the art? manufacturing facility at Umbergaon with a capacity of 8200 MTPA. 2007 Winner of Good house keeping competition by Directorate of Industries safety & health Government of Gujarat 2008 Certified as PED (Pressure Equipment Directive) AD - 2000 - Merkbatt W O EIL Llyods & IBR Approved Company 2008 Awarded with TUV Certificate for our unit at Umbergaon by TUV Rheinland Industrie Service GmbH Cologne Germany 2009 Awarded with TUV Certificate for our unit at Silvassa by TUV Rheinland Industrie Service GmbH Cologne Germany 2009 Awarded with BS OHSAS 18001-2007 by RINA SpA Genova Italy 2009 Awarded with ISO-14001-2004 by RINA SpA Genova Italy 2010 Recognised as Star Export House by Government of India 2010 Vendor Approval from Kuwait National Petroleum Company (Kuwait)