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Patels Airtemp (India) Ltd. |
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| Registered Office : 5th Floor kalpana Complex Nr.Memnagar Fire Station Navrangpura Ahmedabad Gujarat - 380009 Tel: 27913694 27913695 27913696 |
| Business Group: Not Applicable |
Industry Type: Miscellaneous |
Key Officials:
Mr. Umakant G Majmudar
Mr. Natwarlal J Patel
Mr. Prakash N Patel
Mr. Hareshkumar I Shah
Mr. Rajendra Kumar Wadher
Mr. Narayanbhai G Patel
Mr. Narendra G Patel
Mr. Devidas C Narumalani |
Director
Director
Whole Time Director
Director
Director
Chairman and Managing director
Whole Time Director
Whole Time Director |
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| Public Issue Date:
15/03/1994 |
BSE CODE: 517417 |
NSE CODE: Not Available |
| Face Value: 10 |
Market Lot: 1 |
ISIN: INE082C01024 |
| Current PE:
2.7759 |
Current Market Capital: 14.5009 |
| Promoters %: 34.1842 |
| Promoters Shares: 1733223 |
| Institution Investment
%: 1.2031 |
| Institution Investment Shares: 61000 |
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Auditor:
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Banker:
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Registrar:
| Pinnacle Share Registry Pvt. Ltd. |
Arvind Ashoka Aruna Hospital PremisesNear Ashoka MillsNaroda RoadAhmedabad 380025 Gujarat 22200591 22200582 |
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Company History: Patel Airtemp India Ltd. was promoted by shri NarayanbhaiG. Patel & associates who have been in the business of design and fabrication of process equipment and engineering goods. The companywas incorporated on august 28 1992 under the companies act 1956 mainlywith the object of taking over two of the 8 existing units of the groupin order to create a harmony in the group"s product range and to avoidcompetition among the group companies. These two existing profit makingcompanies viz. M/s Patel Airtemp Private Ltd. and M/s Gujarat PatconPvt. Ltd. have been merged into Patels Airtemp (India) Ltd. The companyset up a new fully equipped plant as unit No.3 of the company at Village Santej Mehsana District (state notified backward area) near Ahmedabad. The group promoted by Shri N.G.Patel and associates earlier comprisedof eight concerns which were engaged in the fabrication/manufacrugingof engineering components and products. The existing product rangeof the group includes heat exchangers shell and tube water cooledcondensers air conditioning and regreration and process cooling equipment industrial fans and blowers axial flow fans heavy dutycompressors fans coil units and air handing units. During 1996-97 The company embarked upon an expansion cum diversification project by setting up unit no. 4 of the company which is adjacent to the unit 3 located at Rakanpur. The company has acquired technology from M/s Tek-fins USA and the project is already in the pipeline. Total cost of the project is Rs 1150 lakhs. 2005 -Delistes shares of Company voluntarily from The Stock Exchange Ahmedabad (ASE) w.e.f. February 28 2005 |
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(Source: RTGSL) |
