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Captain Pipes Ltd. Company History and Annual Growth Details

The Company was originally incorporated on January 05, 2010, as 'Captain Pipes Private Limited' under the provisions of the Companies Act, 1956 with the Registrar of Companies, Gujarat, Dadra & Nagar Havelli. Subsequently, the Company was converted into a public limited company pursuant to Shareholders Resolution passed at the Annual General Meeting of the Company held on August 26, 2014 and the name of the Company was changed to 'Captain Pipes Limited'pursuant to issuance of fresh Certificate of Incorporation dated September 23, 2014 issued by the Registrar of Companies, Gujarat, Ahmedabad. The Corporate Identity Number of the Company is U25191GJ2010PLC059094. The Company was originally promoted by Mr. Ramesh D. Khichadia, Mr. Gopal D. Khichadia and Mr. Kantilal M. Gedia who were the original subscribers to the Company's Memorandum and Articles of Association in the year 2010.

Key Events and Milestones

2010

- Incorporation of the Company in the name and style of 'Captain Pipes Private limited'
- Accredited with IS0 9001 : 2008 by BSCIC Certification Private Limited
- Started Commercial operation by manufacturing uPVC Pipes with an installed capacity of 7,500 MT p.a.

2011

- Grant of BIS Licence IS 4985:2000 for uPVC pipes for portable water supply

2012

- Grant of BIS licence IS 12818:2010 for uPVC Casing Pipes
- Achieved the Annual Turnover of more than Rs. 3,000 Lacs in 2012-13

2014

- Increased in Installed Capacity from 7,500 MT p.a. to 16,500 MT p.a.
- Commenced manufacturing of uPVC Plumbing Fittings and uPVC Agri Fittings by installing 1,200 MT p.a. capacity
- Achieved the Annual Turnover of more than Rs. 4,000 Lacs in 2013-14
- Conversion of the Company from Private Limited Company to Public Limited Company.

2023

-The Company has issued Bonus Shares in the Ratio of 2:1.

-The Company has splits its face value from Rs. 10/- to Rs. 1.

-Captain pipes is plan for setting up a greenfield plant near Ahmedabad at a total investment of INR 25 crores. The proposed plant will have capacity of 20,000 MT which will double total production capacity from current level. The commercial production from the plant is expected to start before the end of 2024.

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