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Indian Hume Pipe Company Ltd. Company History and Annual Growth Details

The Company was incorporated on 20th July, 1926 at Bombay as private company and converted into a public company on 15th December, 1939. It manufactures Hume Pipes, Hume Steel Pipes, R.C.C. Poles, Septic Tanks, R.C.C. Lamp posts , Pre-stressed concrete pipes, Steel pen stock pipes and Latrine Manholes.

The company holds the entire equity capital of Rs 5,42,280 of its subsidiary Indian Hume Pipe (colombo) Ltd., Sri Lanka.

The name was changed to "Industrial Hume Pipe Company Ltd. during 1989-90. On 1st July, 1979, National Rifles Ltd., was amalgamaled with the company. The assets and liabilities were taken by issuing 34 equity shares of Rs 100 each to shareholders of the best erstwhile National Rifles Ltd., in the Proportion 1:1.

2004

-Indian Hume Pipe Co. Ltd has informed that the Company has received intimation from Pune Stock Exchange informing the Company its approval to the Company's application for delisting of Company's Equity Shares from Pune Stock Exchange wef January 16, 2004.

- Entered an Agreement on March 05, 2004 to sale its industrial land at Vatva Industrial Area, Ahmedabad admeasuring about 75,858 sq. Mtrs. for a total consideration of about 3.99 crores. The aforesaid transaction is likely to be completed in 10-12 months time.

2005

-Indian Hume Pipe Company has given the Bonus in the Ratio of 2:3

2006

-Indian Hume Pipe Co. Ltd has appointed Mr. Vikas K. Gupte as a Company Secretary & Compliance Officer of the Company with effect from November 06,2006.

2007

-Indian Hume Pipe Company Ltd has recommended a Dividend of 60% i.e. Rs 6/- per Share on Equity Shares

2008

-Mr. Subhash M. Mandke has been appointed as Company Secretary & Compliance Officer of the Company

-Indian Hume Pipe Company Ltd has recommended payment of dividend @ 70%

2009

-Indian Hume Pipe Company Ltd has recommended payment of dividend of Rs 8.50/- per equity share of Rs 10/-each (85%)

2010

-Indian Hume Pipe Company Ltd has recommended payment of dividend of Rs. 10/- per equity share of Rs. 10/- each (100%)

-Company has splits its Face value of Shares from Rs 10 to Rs 2

2011

- Company has signed a Memorandum of Understanding (MOU) with M/s. Dosti Realty Limited

2012

-Indian Hume Pipe Company Ltd has recommended payment of dividend of Rs.2/ - per equity share

2013

-Board has recommended a Dividend of Rs. 2.20/- per share (110%) for the year 2013.

2014

-Indian Hume Pipe Company Ltd has recommended a dividend of Rs. 2.40/- per equity share of Rs. 2.00/- each.

2016
-Indian Hume Pipe receives LOA for water project in AP
-Indian Hume Pipe bags contract worth Rs 145.15 cr in Alwar, Rajasthan from the government of Rajasthan.

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