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Man Industries (India) Ltd. Company History and Annual Growth Details

YEAR EVENTS
1988 - Man Aluminium Ltd (MAL) was incorporated in on 19th May, as a
Public Limited Company at Mumbai.

- The company is engaged in the manufacture of Aluminium Extruded
Sections with an installed capacity of 4000 tonnes per annum.
The Company's products are mainly used in building construction,
furniture, automobile bodies and irrigation.

- The Company promoted by the Mansukhani brothers, Mr. Ramesh
Chandra Mansukhani (M.A., LL.B.), and Mr. Jagdish Chandra
Mansukhani (B.A.).

1989 - The Company received the Certificate of Commencement of Business
on 28th July.

- The Company is proposing to diversify by setting up a project for
the manufacture of American Petroleum Institute (API).

- The Company has entered into an Equipment and Technical
Assistance Purchase Agreement with CHR Haeusler AG Switzerland
for supply of major equipment, basic and detailed engineering,
erection and commissioning of the plant and training of the
Company's personnel.

1990 - The Company will be entering into comprehensive equipment supply
agreements specifying performance guarantees and liquidated
damages with the major equipment suppliers.

1992 - The company has entered into MOU with Haeusler for the supply of
the SAW pipe plant, technical know-how and training for its
personnel.

1995 - The directors are happy to announce that the company has been
approved for ISO 9002 certification. It has been conveyed to us
that the necessary certificate will be awarded in near future.

1996 - The SAW Pipe plant of the Company has been successfully
commissioned and the commercial production stared from 17th
February.

1997 - Man Industries (India) Ltd, an aluminium extrusions and saw
pipes manufacturer, has decided to take over British company
Man Intertrade (UK) Ltd.

- The company is now proposing the setting up of polyethylene
coating facility as part of its forward integration programme and
a spiral pipe making mill to add flexibility to its saw pipes
venture.

2000 - Man Industries Ltd., manufacturer of saw pipes and spiral pipes,
has entered into a strategic tie-up with Mitsubishi and Sumitomo
for executing major projects in oil and gas sector.

- The Company has modified its facility to increase pipe capacity to two
km per day. The annual capacity of longitudinal saw pipes has been
increased to more than one lakh tonnes from 50,000 tonnes.


2004

-Man Industries India Ltd has informed that the Company has bagged large orders from Export (Middle East / USA) of Rs 3400 million and from Domestic of Rs 1620 million

-Man Industries India Ltd has informed that the Company along with its group company had entered into a joint venture agreement with Aluchem, Inc. of US to bid for new project in the Kutch region of Gujarat for manufacturing of alumina and alumina-based value-added products, with an estimated cost of Rs 20,000 million. In Phase I, the capex is slated to be Rs 13,500 million

2005

--Registered Office of the Company has been shifted from 1, Chandrageet, 120, S.V. Road, Andheri (W) Mumbai - 400058 to "Man House", 102, S.V. Road, Opp. Pawan Hans, Vile Parle (W), Mumbai - 400056

2007

- Man Industries India Ltd has has bagged a prestigious order amounting to approximately USD 225 Million from USA.

- Man Industries India Ltd has informed that the Company has received some more export orders aggregating to Rs 220 crores including order from fortune 500 Oil and Gas Major Petronas, Malaysia. These orders are for LSAW pipes.

- The Company has splits its face value from Rs10/- to Rs5/-.

2008

-The Company has appointed Ms. Sujal Sharma as Company Secretary as well as Compliance Officer of the Company.

-MAN Industries bags new orders worth Rs 1100 crore

2009

-MAN Industries bags order of Rs 1340 crores from Middle East.

-The company declared the dividend of @ 30% of face value.

2010

-The company has bagged an order worth Rs 950 crore from Kuwait.

-MAN Industries bags orders worth Rs. 1200 crores from Domestic and International Market.

-Man Industries receives Rs 1,200 cr pipe supply order.

2011

-The company received new orders of Rs. 1,700 crore.

-The company received bags orders worth Rs 550 cr.

-The company has received export orders worth Rs 515 crore from South East Asia.

-The Company has been Awarded Trophy for Star Performer, by Engineering Export Promotion Council, India.

2012

-MAN Industries Gets Orders worth Rs. 500 crores.

-MAN, KOBE enter MoU and Share Subscription Agreement; KOBE to invest Rs 30 cr.

-Man Industries bags EEPC’s Star Performer award

--Registered Office of the Company has been shifted from 102, Man House, Opp. Pawan Hans, S V Road, Vile Parle (W), Mumbai 400056 to 101, Man House, Opp. Pawan Hans, S V Road, Vile Parle (W), Mumbai 400056

2013

-Man Industries I - Order restraining E G M of the Company to be held on July 25, 2013
-Man Industries I - MAN Industries Gets Orders worth Rs. 525 crores
-Man Industries to restructure its real estate, SAW pipes biz
-MAN Industries wins orders to supply pipes for oil & gas sector
-A new facility installed to manufacture Connector Welded Casing Pipes.

2014

-Man Industries I - MAN Industries Gets Orders worth Rs. 550 crores
-Man Industries I - Man Industries Gets Orders worth Rs. 700 crores
-The Company appointment of Mr. Manoj Koui as Company Secretary & Compliance Officer of the Company.
-Man Industries gains over 11% on new orders

2015
-"MAN Industries Gets Export Orders worth Rs. 510 crores".
-Man Industries (India) Ltd has received orders worth Rs 510 crore from the international market.
-MAN Industries has received orders worth Rs 700 crores from international and domestic customers.
-Man Industries (India) Ltd has changed the registered address from "Man House -102 "to "Man House 101, S.V. Road, Vile Pane (W), Mumbai- 400 056".

2017
-Successfully commissioned Concrete weight Coating(CWC) plant for offshore pipe projects having capacity of 1,25,000 cubic meters p.a.
-MAN Industries bags USD 142.44 mn order from GAIL.

2018
-Started third plant of External 3 LPE/FBE and Internal Liquid Epoxy coating having capacity of 2 Mn square meter per annum.

2019
-First Indian company to export 80- inch diameter 18 mtr long pipe with 24 mm thickness for a prestigious water sector project.

2020
-MAN Industries bags export orders worth Rs 400 cr.

2022
-Company has been awarded the Certificate of Appreciation for being one of the leading Exporter of Kandla Customs for the year 2021-22 for its work undertaken in the field of export despite facing difficulties & challenges due to COVID-19 pandemic.

2023

-Inauguration And Commencement Of Production At Company''s New Plant At Anjar, Gujarat.''.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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