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Everest Kanto Cylinder Ltd. |
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| Registered Office : 204 Raheja Centre Free Press Journal Marg 214 Nariman Point Mumbai Maharashtra - 400021 Tel: 30268300 - 01 |
| Business Group: Not Applicable |
Industry Type: Packaging - Others |
Key Officials:
Mr. Shailesh Haribhakti
Mr. Naresh Oberoi
Mr. Gurdeep Singh
Mr. Mohan Jayakar
Mr. Vyomesh Shah
Mr. P K Khurana
Mr. Arvind Malhan
Mr. Krishen Dev
Mr. Pushkar Khurana
Mr. P M Samvatsar
Mr. Puneet Khurana |
Independent Director
Independent Director
Independent Director
Independent Director
Independent Director
Chairman and Managing director
Additional Director
Independent Director
Non Executive Director
Whole Time Director
Whole Time Director |
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| Public Issue Date:
22/11/2005 |
BSE CODE: 532684 |
NSE CODE: EKCEQ |
| Face Value: 2 |
Market Lot: 1 |
ISIN: INE184H01027 |
| Current PE:
36.2836 |
Current Market Capital: 1842.0814 |
| Promoters %: 59.6445 |
| Promoters Shares: 60335000 |
| Institution Investment
%: 16.746 |
| Institution Investment Shares: 16939869 |
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Auditor:
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Banker:
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Registrar:
| Intime Spectrum Registry Ltd. |
C-13 Pannalal Silk Mills Compound LBS Marg Bhandup (W)Mumbai 400078 Maharashtra 25960320 |
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Company History: Everest Kanto Cylinder Limited was incorporated as Everest Kanto Cylinder Private Limited on 24th June 1978 under the Act. The company was promoted jointly by the families of Khuranas and Thakkar both the families having trading background in High Pressure Seamless gas cylinders. Being conversant with the market they identified a gap in the small cylinders market segment in the country and jointly decided to put up a cylinder manufacturing unit in the year 1978. Later on Mr J. T. Thakkar and family withdrew from the business and transferred his interest to Mr P. K. Khurana in September 1983. Due to the aggregate turnover exceeding the prescribed limits the Company became a deemed public company as per the provisions of the Act namely section 43A of the Act in July 1 1989. Subsequently due to the amendment effected to the said Section 43A of the Act the Company reverted to being a private limited company. On June 7 2005 the company was converted into a public limited company and received fresh Certificate of Incorporation consequent to change of name to Everest Kanto Cylinder Limited. The first manufacturing facility suitable for manufacturing small sized seamless cylinders of water capacity (1 to 21 litres) was set-up in collaboration with Kanto Koatsu Yoki Manufacturing Company a Japanese cylinder manufacturer at Aurangabad in the year 1978. Later EKC expanded its manufacturing capacity with in house technology by setting up a new facility at Tarapur in the year 1985 to manufacture large sized cylinders of higher water capacities (21 to 80 litres) which was later expanded to manufacture the widest range of High Pressure Gas cylinders with water capacity up to 280litres and capable of withstanding extreme working pressure of upto 400 Bar. In order to tap the emerging potential for cylinders in markets like Iran Pakistan Bangladesh etc EKC set up a new state of the art manufacturing facility at Dubai which has gone into commercial production during 2003-04. Dubai plant has been set up in the Jebel Ali Free Trade Zone Area and functions as a Branch office of EKC under the operating name of "EKC Industries". In sum the company has state of the art manufacturing facilities at Aurangabad Tarapur and Dubai (UAE) and manufactures its cylinders from seamless tubes of international quality. |
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(Source: RTGSL) |
