₹ 28.25 -0.45 (-1.57%)
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Overview
- BSE Code 93014
- NSE Symbol NMSTEEL
- ISIN Demat INE0TP801012
- Book Value (₹)
- Face Value (₹) 10.00
- Market Cap (₹ Cr.)
- P/E (TTM)
- EPS (TTM)
- Div Yield (%)
Performance
Corporate Actions
Newmalayalam Steel Limited - Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
Apr 13, 2025Newmalayalam Steel Limited has informed regarding Submission of the Compliance Report on Corporate Governance for the Q_ FY 20__-__
Newmalayalam Steel Limited - Certificate under SEBI (Depositories and Participants) Regulations, 2018
Apr 13, 2025Newmalayalam Steel Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
About Newmalayalam Steel Ltd
Newmalayalam Steel Ltd was established on March 31, 2017 as NewMalayalam Steel Private Limited', a Private Limited Company pursuant to a Certificate of Incorporation issued by Registrar of Companies, Central Registration Centre. Further, Company was converted into a Public Limited Company and consequently the Company name got changed to NewMalayalam Steel Limited' and a fresh Certificate of Incorporation dated February 1, 2024 was as registered with the Registrar of Companies, Central Processing Centre.
the Company is involved in manufacturing galvanised pipes, tubes, and sheets. Owing to the consistent efforts of the Promoters, the Company has been able to create a brand presence in Kerala, under the name Demac Steel'.
the Company took over the entire business of M/s. Demac Steel on a going concern basis, through the Business Transfer Agreement in August 2017. In 2018, the Company commenced manufacturing of galvanised pipes, tubes, and sheets by installing another electric resistance welding tube mill of an installed capacity of 3,500 MT in their manufacturing unit at Thrissur, in Kerala. It increased manufacturing capacity by installing another electric resistance welding tube mill of an installed capacity of 4,000 MT in their unit in 2019.
In order to market and sell products, the Company established a widespread dealer base in Kerala through which it sell products to local contractors and retailers. It also sell products to Promoter Group entity, Jaihind Steel Private Limited, who trades it to wholesalers, construction agencies, consumers etc. In 2022, the Company installed solar plant of an installed capacity of 489.77 kWp in Poyya Village and Kodungallur Taluk of Poyya Panchayath.
the Company is proposing the Initial Public Offer of 46,40,000 Fresh Issue Equity Shares.
Founded | : 2017 |
Address | : Door No.2/546/A & 2/546/B Mala, Pallipuram PO Mala, Thrissur, Kerala, 680732, |
- PAN Card
- Cancelled Cheque
- Latest 6 month Bank Statement (Only for Derivatives Trading)