Home  »  Company  »  Pradeep Metals Ltd.  »  Quotes  »  Company History
Union Budget 2017-18
Enter the first few characters of Company and click 'Go'

Pradeep Metals Ltd. Company History and Annual Growth Details

YEAR EVENTS
1982 - The company was incorporated on 22nd January, as a private
limited company. It was subsequently converted into a public
limited company in terms of special resolution dated 1st January
1993, and certificate of change of name was issued by the
registrar of companies, Maharastra on 14th January, 1993.

- The company was promoted by V P Goyal, Chartered Engineer, to
manufacture closed die steel forgings with an installed capacity
of 1,200 tpa.

- The company's existing unit has facilities for manufacturing
forgings from 500 gms to 8 kgs single piece weight for
application mainly in the automobile industry. The expanded
product range will cater to the large volume requirements of
automobile, defence, railways, engineering and petrochemical
industries.

2000 - The Company has joined National Securities Depository Ltd. and
Central Depository Services (India) Ltd. and the Shares are
available for Dematerialisation.

- 10% Optionally Convertible Cumulative Redeemable Preference
Shares aggregating Rs 500 lakhs have been allotted to a financial
institution.

- The Company would consider a preferential allotment of 2 lakh shares of
Rs 10 each at part to each of them.

- The Board has allotted 19,800 - 10 per cent optionally convertible cumulative
preference shares of Rs 100 each to ICICI Ltd.
 
Subscribe now to get personal finance updates in your inbox!