Mahalaxmi Seamless Share Price

Mahalaxmi Seamless Limited was incorporated in April, 1991 and the Certificate of Commencement of Business was obtained in June 1991. The Company is a manufacturer and supplier specializing in highquality colddrawn seamless pipes, tubes, and welded tubes. Their main business involves producing carbon steel and alloy steel pipes for industries such as oil and gas, petrochemicals, boilers, and engineering.The new steel grade SA213T2 was developed and produced by the company for LT Ltd in the year 199596. It was the first of its kind in India. Also in the same year, the U Bend for Heat Exchanger complete design of machine and tools developed with the inhouse facility. A second crane of 5 Tons was commissioned during the year199798 for faster material movement. The Company had developed a special grade material SA213T9 in the year 200001 for Hat exchangers. During the year 200102, the company started supply of its material in Automobile Refinery sectors apart from conventional sectors such as Boilers, Heat Exchangers. MSL has established the I.D Control of tubes manufacturing facility in the year 200203. The Company implemented series of measures to enhance the ore business activities in the year 200304. In the same year of 200304, MSL has modified its system of Electrical Heating Furnace that led to increase in the production per month from 650 tonnes to 850 tonnes. The Company had established new phosphate coating exclusively for alloy steel, which in turn reduces the number of draws required to achieve the required Outer Diameter (OD) Wall Thickness (WT) in the year 2004. In 200405, MSL had developed three Dimensional tubes i.e. O.D., I.D. W.T. This plays a crucial role for 12 mtr, and above long pipes also this was developed as an import substitute. Also in the same period, the company had executed 3 bulk orders in single size involved single draw for two of the customers, whish were used in gas cracker for BASFGermany and in Air cooled condenser for Toyo project. The piercing Mill was installed and also commissioned in the company for the manufacture of Hollows from solid bullets in the year 200506.