Shree Marutinandan Tubes Ltd.
BBSE:SHREE42.99
INR
+0.99
(+2.36%)
Shree Marutinandan Tubes Ltd.
BSE:SHREE
(Bombay Stock Exchange)
Recent
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42.99
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div
yld
- -
ROIC.AI
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- Business
- Shree Marutinandan Tubes Limited is an India-based company engaged in the trading, distribution, and supply of steel pipes, structural tubes, agricultural machinery, and industrial safety equipment. The company provides a comprehensive range of tubular steel products, including galvanized iron pipes; electric resistance welded mild steel pipes across round, square, and rectangular hollow sections; black steel pipes; and solar mounting structural tubes, offered in nominal bore sizes ranging from 15 NB to 1000 NB for use in agriculture, water distribution, infrastructure development, oil and gas transport, construction, and public health engineering. Within its agricultural equipment segment, the company supplies mechanized farm implements, including rotary tillers; hydraulic reversible moldboard ploughs; automated potato diggers and grading units; groundnut de-stoners; agricultural pipe winders; tractor-mounted post hole diggers; and conical fertilizer broadcasters. Additionally, the company offers fire protection and life safety solutions, including fire hydrant systems, automatic sprinkler networks, and detection systems, as well as structural steel components for pre-engineered buildings. In recent corporate developments, the company completed its initial public offering in January 2024, listing its equity shares on the BSE SME platform under the ticker symbol SHREE (Scrip Code: 544083) to finance working capital requirements and general corporate growth. As part of its strategic forward integration initiative, the company entered into an operational and contract manufacturing alliance with group entity Shree Kamdhenu Machinery Private Limited to scale its agricultural equipment portfolio and expand distribution across domestic markets in India. Founded in 2013 with business roots tracing back to 1993, Shree Marutinandan Tubes Limited is headquartered in Ahmedabad, Gujarat, India.