Home | Recommend Us | Contact us | Make NK your default homepage    

Home Astrology Chinese Astrology Numerology Recipes Self Help Photo Gallery Yoga Travel Education Pincodes Baby Names
Top Tamil Movies | Top Tamil Songs | Top Telugu Movies | Top Telugu Songs | Top Malayalam Movies | Top Malayalam Songs

Video News  | Stock Market | Gold/Silver Price | Currency Rate |

  News Channels
 
Kerala News
India News
World News
Business India
Sports News
Cricket News
Travel News
Health News
Technology News
News Reviews
Literature News
Education News
NRI News
Special Features
Entertainment News
Bollywood News
Hollywood News
Malayalam Cinema
Tamil Cinema News
Kannada Cinema
Telugu Cinema News
  Regional News
Andhra Pradesh News
Gujarat News
Karnataka News
Maharashtra News
Punjab News
Tamil Nadu News
West Bengal News
More India News
 
  NEWKERALA.COM BUSINESS SECTION:
 

Search Company   
   Ascending  Descending  
      (* minimum 3 characters required)
 

BSE

Top Gainers Top Losers Top Traded Shares Stock Rates


NSE

Top Gainers Top Losers Top Traded Shares Stock Rates

Home > Business India > Company Profiles: Nitin Fire Protection Industries Ltd.

Nitin Fire Protection Industries Ltd.
Registered Office : 501/502 Delta Technology Street Hiranandani Gardens Mumbai Maharashtra - 400076 Tel: 40457000
Business Group: Nitin Group Industry Type: Fire Protection Equipment
Key Officials:
Mr. Rahul N Shah
Mr. Kailat H Vaidyanathan
Mr. Nitin M Shah
Mr. Krishna Kant Jha
Dr. Surendra A Dave
Executive Director
Additional Director
Chairman and Managing director
Independent Director
Independent Director
Public Issue Date: 15/05/2005 BSE CODE: 532854 NSE CODE: NITINFIREEQ
Face Value: 10 Market Lot: 1 ISIN: INE489H01012
Current PE: 29.1498 Current Market Capital: 271.7867
Promoters %: 69.4236
Promoters Shares: 8749550
Institution Investment %: 15.529
Institution Investment Shares: 1957142
Auditor:
Tolia & Associates
Banker:
Registrar:
Bigshare Services Pvt. Ltd E/2 Ansa Industrial EstateSaki Vihar Road Saki NakaAndheri (E)Mumbai 400072 Maharashtra 28523474 28560652 28560653
Company History: Nitin Fire Protection Industries Limited was incorporated on September 4 1995 in the state of Maharashtra as a Public Limited Company vide Registration Number 11-92323 and received the certificate of commencement of business on November 3 1995. Later on in the year 1997 we took over the erstwhile business of his proprietary concern "Nitin Industries" as a going concern. Nitin Industries was established in 1980 by Mr. Nitin M. Shah aliasSanghavi and was engaged in the business of manufacturing fire extinguishers.

At the time of incorporation the Registered Office of our Company was situated at 29 Vadhani Estate L.B.S. Marg Ghatkopar (West) Mumbai 400 086 India. However with effect from March 2 2006 the Registered Officeof our Company was shifted to 501 Delta Technology Street Hiranandani Gardens Powai Mumbai 400076 India.

We are now an ISO 9001:2000 certified company. We manufacture the complete range of portable fire fighting equipment at the factory situated at A-117 T.T.C. Industrial Area Khairna Village Vashi 400 701 Maharashtra India. The products are approved by BIS approval and bear ISI mark.

Apart from portable fire fighting equipment we undertake turnkey projects for design manufacture install commission and supply of complete Fire detection and suppression systems using the latest techniques.

We have tie-ups with leading international players in fire alarm and security systems such as Apollo Fire Detectors Limited U.K. for fire detection equipments AirSense Technology Limited U.K. for smoke detection equipments Kerr Fire Fighting Chemicals U.K. for fire fighting foams and dry powder Ceodeux ExtinguisherValves Technology S.A. and Newtex Industries Inc. for their ZetexPlus safety clothing to name few.

We have in-house capabilities for designing the complete systems and have our own team of Marketing Engineers and commissioning Engineers. These operations are carried out from the Systems Design and Service Center situated at 29 Vadhani Estate L.B.S. Marg Ghatkopar (West) Mumbai 400 086 India.

In year 2004 we ventured into the business of high pressure seamless cylinders. We entered into a tie-up with BTIC for getting High Pressure Seamless Cylinders contract manufactured to our specification at China for sale in India. In the same fiscal we also started the business of design manufacture and supply of CNG cascades compressors and Dispensers. These operations are carried out at the factory situated at A-18 MIDC Taloja Taloja Audhyogic Vasahat Raigad Maharashtra.

In April 2005 we acquired entire paid-up-capital of Alert Fire Protection Systems Private Limited a Company engaged in the business of Fire detection and Alarm system promoted by Mr. Nitin M. Shah alias Sanghavi and Mrs. Saroj N. Shah alias Sanghavi and Eurotech Cylinders Private Limited a Company engaged in the business of supplying in high pressure seamless cylinders promoted by Mr. Kunal N. Shah alias Sanghavi and Mrs. Dhruti R. Shah alias Sanghavi. In January 2006 we acquired Logicon Building Systems Private Limited a Company engaged in the business of security solution business and promoted Mr. Dharmendra Bavisi and ZimithProperties Private Limited thus making them our wholly owned subsidiaries.In October 2006 we have taken a 95% share in partnership concern Eurotech Corporation where Mr. Kunal N. Shah alias Sanghavi is holding 5% share. Eurotech Corporation is in the business of manufacturing of fire extinguishers having a plant in Parwanoo Himachal Pradesh.

We have incorporated a wholly owned subsidiary Nitin Cylinders Limited on September 27 2006 in which we now intend to manufacture High Pressure Cylinders Compressors and Fuel Dispensers at proposed plant at VSEZ.

Major events in the History of our Company:

Year Event

1995 Incorporation of our Company1997 Received ISI Mark for all Fire Extinguishers and Accessories.1998 Received a major order from Reliance Jamnagar Complex2001 Received 2 major orders from ONGC worth Rs. 19 crores for replacement of Ozone depletion systems at their offshore platforms.2003 Received our first ever CNG cascade order from Indraprastha Gas Limited New Delhi Entered into agreement with BTIC for manufacture of cylinders2004 Awarded Certificate of ISO 9001:20002005 Acquisition of Alert Fire Protection Systems Private Limited Acquisition of Eurotech Cylinders Private Limited2006 Acquisition of Logicon Building Systems Private Limited Incorporation of wholly owned subsidiary Nitin Cylinders Limited Acquisition of 95% share in Partnership Concern Eurotech Corporation Memorandum of Understanding was signed between Nitin Cylinders Limited and Kraus Global for technology transfer w.r.t. Compressors and Fuel Dispensers.

2008

-Nitin Fire Protection Industries Ltd has appointed Mr. Ashish Jain as Independent Directorship of the Company with effect from January 28 2008.

(Source: RTGSL)


Select The First Character Of The Company Name:
1-0 A B C D E F G H
I J K L M N O P Q
R S T U V W X Y Z


Search Company   
   Ascending  Descending  

(
* minimum 3 characters required)

  Photo News

 

Entertainment Sports Current Affairs
  Best of NewKerala.Com
Self Help Self Help
India Greeting Cards Greeting Cards
India Education India Education
Indian Recipes Recipes
India Travel Maps


 
 
Home | Recommend Us | Contact us | Make NK your default homepage
© 2001-2008 NEWKERALA.COM. All Rights Reserved.