Shivagrico Implements Share Price

Shivagrico Implements Limited was initially setup as a partnership Concern in 1965, to manufacture handtools, equipment and agricultural implements like pickaxes, powrahs, Crowbars, Garden rakes, Shuttering Clamps, Hoes, etc in the name of Shiv Steel Works. In 1988, the Firm was reconstituted as a Private Limited Company to expand its activities. The Company became a Public Limited Company and entered the capital market by year 1992. The Company pioneered in the manufacturing of agri implements and has been selling its products under the brands LION and CHETAK. It supply products to Defense, Railways, PWD Irrigation. Their manufacturing unit is at Falna in Rajasthan.The Company has their own Induction Furnace, Rolling plant and two forging units. The Rolling Division has an appropriate capacity of 36,000 metric tones per annum, and is producing Angles, Octagonal / Hexagonal Bars, Rectangular Bars, Square Bars as well as Flat Bars in special sections which are widely used for various tools and also in the automobile industry. Forging Division has an estimated capacity of 2.6 million units of agricultural implements per annum in which picks, mattocks, crowbars, hoes, hammers, digging bars and similar other products are manufactured. All the above products are manufactured in open die forging, close forging and roll forging deploying various type of machinery such as press forging, roll forging and drop forging. Heat Treatment of various tools is carried out with the requirement using induction heating and direct heating.In 201415, the Company commissioned Waste Heat Recovery System project. It installed a roughing mill equipment and started Rolling Nickel Chromium Alloys Wires for allied products during 201819.The Company is developing new products in rolling mill as well as forging products as per the demands of customers and market in close working with the buyers during 2026. The company is exploring new overseas and home market along with customized products in forging and rolling segments.