Surani Steel Tubes Ltd share Price Today

Surani Steel Tubes Limited was originally incorporated as a private limited company with the name `Surani Steel Private Limited` on July 31, 2012. Further, in order to align with the business of the Company, the name of the Company was changed to `Surani Steel Tubes Private Limited` on August 13, 2018. Subsequently, the Company was converted into a Public Limited Company pursuant to shareholders resolution passed at Extraordinary General Meeting of the Company held on August 29, 2018 and the name of the Company was changed to Surani Steel Tubes Limited on September 12, 2018. Mukesh Patel and Dinesh Patel were the initial subscribers to the Company. The Current Promoters of the Company are Mukesh Patel, Dinesh Patel, Karshan Patel, Prakash Patel, Mani Patel, Prakash Karsanbkai Patel HUF and Karsanbhai Devjibhai Patel HUF. Surani Steel, the venture of Vinayak Group, is engaged in the business of manufacturing of Electric Resistance Welding Mild Steel (`ERW MS`) Pipes (round pipes, square and rectangular hollow Sections) in various specifications, sizes ranging from 20NB to 100NB and also in the trading of Hot Rolled Coil (`HR Coil`) and HR slit coils. These Products have wide applications in varied industries like Architectural, Infrastructural, Industrial and Engineering Industry. The Company is an ISO 9001: 2015 certified company for manufacturing and Supply of ERW pipes. It has also been granted the IS 4923:1997 and IS 1161:2014 Quality Standard License from Bureau of Indian Standards. The company strives to provide diversified range of products, manufactured at their plant located at Dahegam, Gandhinagar in Gujarat on approximately 8,300 square meter of land having an installed capacity of 25,000 MT p.a. for the financial year 2017-18.The Company has set up a new manufacturing facility to manufacture ERW MS Pipes (round pipes, square and rectangular hollow Sections) in various specifications, sizes ranging from 100NB to 300NB.

Surani Steel Tubes share price as on 30 Jun 2024 is Rs. 347.1. Over the past 6 months, the Surani Steel Tubes share price has increased by 11.97% and in the last one year, it has increased by 119.89%. The 52-week low for Surani Steel Tubes share price was Rs. 164 and 52-week high was Rs. 734.6.