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Home > Business India > Company Profiles: Sarthak Industries Ltd.

Sarthak Industries Ltd.
Registered Office : 706 Tulsiani Chambers Nariman Point Mumbai Maharashtra - 400021 Tel: 22886246 22025098
Business Group: Not Applicable Industry Type: LPG Bottling/Distribution
Key Officials:
Mr. Udesh Dassani
Mr. Ashok Mehta
Mr. Ashok Phadnis
Mr. V K Gupta
Director
Director
Director
Executive Director
Public Issue Date: 20/06/1996 BSE CODE: 531930 NSE CODE: Not Available
Face Value: 10 Market Lot: 100 ISIN: INE074H01012
Current PE: 10.9314 Current Market Capital: 9.4114
Promoters %: 50.0696
Promoters Shares: 2788300
Institution Investment %: 0
Institution Investment Shares: 0
Auditor:
Ashok Khasgiwala & Co.
Banker:
Registrar:
Company History: The Company was incorporated on 23.12.1982 as Private Limited Company in the name of Malav Metals Pvt. Ltd. with the Registrar of Companies Madhya Pradesh at Gwalior. Subsequently the company was converted into a Public Limited Company and the name of the Company also changed to Avanti LPG (India) Ltd. by a special resolution passed at the Extra Ordinary General Meeting of the Company held on 17.11.1994. A certificate to that effect has been obtained on 16.12.1994.

The Company has been promoted by Avanti Group which has also promoted Avanti Finance Ltd a listed company. The main object of the company is to manufacture LPG Cylinders Industrial Gases Cylinders and installation of LPG Bottling Plant. The company acquired land at Plot No. 226 and commenced commercial production in Jan. 1984 with the financial assistance of Rs.54 lacs from M.P. Audhyogik Vikas Nigam Ltd.. After over-coming the initial teething problems the company within a short span stood on its feet and became a profitable dividend paying unit.

(Source: RTGSL)


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