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National Fittings Ltd Castings, Forgings & Fastners
(%)
  • NSE
  • BSE

Overview

  • BSE Code 531289
  • NSE Symbol
  • ISIN Demat INE643C01015
  • Book Value (₹) 89.15
  • Face Value (₹) 10.00
  • Market Cap (₹ Cr.) 156.28
  • P/E (TTM) 25.08
  • EPS (TTM) 6.86
  • Div Yield (%) 0.58

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About National Fittings Ltd

Interfit Techno Products was formally created and deployed as a legal entity as a public limited company on 21 Apr.'93 to created and deployed a plant at Kaniyur, Tamilnadu. Phase-I of the project commenced production in Jan.'95 to manufacture stainless steel pipe fittings with an installed capacity of 2.4 lac pieces. While implementing phase I, the company, sensing export market for stainless steel ball valves, broadened its footprint the manufacturing facilities by adding additional building and machinery under phase II.

In Phase II, the company integrated forward into stainless steel ball valves (1200 tpa) to give value-addition to the castings it manufactures. The company raised Rs 165 lac to meet the expansion cost by floating an equity issue in Sep.'95. The commercial production of ball valves was commenced by the end of May 1996.

The company has a proposal to issue 32,50,000 equity shares of the company to its promoters M/s Interfit India Ltd.

Founded: 1993
Managing Director: Jayaram Govindarajan
Address: SF No 112 Madhapur Road, Kaniyur Village Karumathampatt, Coimbatore, Tamil Nadu, 641659,