Company Profile

MAHARASHTRA SEAMLESS LTD.

NSE : MAHSEAMLESBSE : 500265ISIN CODE : INE271B01025Industry : Steel & Iron ProductsHouse : Jindal BC
BSE191.70-1.65 (-0.85 % )
PREV CLOSE (Rs.) 193.35
OPEN PRICE (Rs.) 193.35
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 4154
TODAY'S LOW / HIGH (Rs.)189.00 193.35
52 WK LOW / HIGH (Rs.)189 490.95
NSE191.95 -1.65 (-0.85 % )
PREV CLOSE(Rs.) 193.60
OPEN PRICE (Rs.) 192.55
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 191.95 (66 )
VOLUME 38551
TODAY'S LOW / HIGH(Rs.) 188.15 193.70
52 WK LOW / HIGH (Rs.)188.15 494.4

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STOCK SUMMARY
Trade Value (Rs. in Lacs) 7.97474
Dividend Yield(%)
TTM EPS (Rs.)
P/E Ratio
Book Value (Rs.)
Face Value (Rs.)
MCap (Rs. in Mn)
Price/Earning (TTM)
Price/Sales (TTM)
Price/Book (MRQ)
PAT Margin (%) 8.57
ROCE (%) 15.29
Incorporation Year : 1988

Management Info :

D P Jindal - Chairman Saket Jindal - Managing Director

Registered Office :

Address : Pipe Nagar, Village- Sukeli,N H 17, B K G Road,Taluka Roha,
Raigad,
Maharashtra-402126

Phone : 02194-238511 / 238512 / 238569 / 238567

Website : www.jindal.com

Registrar's Details : Alankit Assignments Ltd.
Alankit House , 1 E/13,Jhandewala Extension,,New Delhi
Listing : BSE, NSE, MCX
NEWS More
27Mar03-27-2020$Maharashtra Seamless acquires offshore jack up drilling rig Maharashtra Seamless acquire

Maharashtra Seamless has acquired an Offshore Jack Up Drilling Rig from Star Drilling, Singapore, an associate of the company for $100 million, consequent upon receipt of requisite approval from the Seller, The said Rig is currently operating under contract with Oil and Natural Gas Corporation (ONGC).

Maharashtra Seamless provides a whole range of high-class, customizable and innovative seamless pipes and tubes using state-of-art technology. The company also manufactures ERW Pipes and Coated Pipes. The company also engaged in the business of Wind Power, Steel Pipes & Tubes.

Maharashtra Seamless has acquired an Offshore Jack Up Drilling..
27Mar03-27-2020$NTPC, Yes Bank and Maharashtra Seamless to see some action today NTPC, Yes Bank and Maharasht

NTPC has signed share purchase agreements to acquire the government's stakes in THDC India (THDCIL) and North Eastern Electric Power Corporation (NEEPCO) for a total of Rs 11,500 crore. NTPC has entered into share purchase agreements (SPAs) with the central government to acquire its 74.496 per cent equity stake in THDCIL for Rs 7,500 crore and its 100 percent equity in NEEPC for Rs 4,000 crore.

Yes Bank’s board has approved a proposal to raise funds for an additional amount aggregating up to Rs 5,000 crore. The fund may be raised in one or more tranches by way of issuance of securities but not limited to through a qualified institutions placement/ public issue, rights issue, global depository receipts, American depository receipts, foreign currency convertible bonds or any other permissible mode. The board meeting held on March 26, 2020 has cleared this proposal.  

Consequent upon receipt of requisite approval from the Seller, Maharashtra Seamless has acquired an Offshore Jack Up Drilling Rig from Star Drilling, Singapore, an associate of the company for $100 million. The said Rig is currently operating under contract with Oil and Natural Gas Corporation (ONGC).

ICICI Bank has invested Rs 51.09 crore in Auxilo Finserve, an associate company of Balrampur Chini Mills, by way of subscription to its 3,40,62,153 Equity Shares of Rs 10 face value per share, constituting 9.90% of its Equity Share Capital at a premium of Rs 5 per share, pursuant to the definitive agreements executed on March 25, 2020. Prior to the above investment, Balrampur Chini Mills held 50% of the Equity Share Capital in Auxilo Finserve, which now stands at 45.05%.

Bharti Airtel is offering free access to thousands of e-books on its platform, Juggernaut Books (formerly Airtel Books). As India stays at home to support the government's efforts to contain the spread of COVID-19, readers can now access thousands of top books and novels on Juggernaut Books for free by simply downloading the app (Android/iOS) on their smartphones.

NIIT and its subsidiary -- Eagle Productivity Solutions Inc. have developed a set of actionable roadmaps, toolkits and packaged services to help Learning and Development (L&D) organizations minimize the disruption caused due to the accelerating impact of the  COVID-19.

Bank of Maharashtra has received approval from Board of Director to raise equity capital of Rs 831 crore (including premium) through issue of equity share of bank to Government of India on preferential basis. 

NTPC has signed share purchase agreements to acquire the govern..
18Mar03-18-2020$Maharashtra Seamless informs about newspaper publication Maharashtra Seamless informs

Maharashtra Seamless has informed that in furtherance to letter dated March 12, 2020 and in compliance with the provisions of Regulation 30, 47 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, the Company enclosed herewith copy of Notice published in newspapers, Financial Express (in English) and Navshakti (in Marathi) on March 18, 2020, informing about the dispatch of Postal Ballot Notice, e-voting facility offered to the members of the Company, Cut-off Date and matters related thereto.

The above information is a part of company’s filings submitted to BSE.

Maharashtra Seamless has informed that in furtherance to letter..
12Mar03-12-2020$Maharashtra Seamless informs about postal ballot notice Maharashtra Seamless informs

Maharashtra Seamless has informed that it has enclosed a copy of the postal ballot notice dated March 05, 2020 along with Explanatory Statement and postal ballot form. The Company is in process of sending Postal Ballot Notice, along with other relevant documents, to those shareholders of the Company, whose names appear in the register of members/ beneficial owners received from the National Securities Depository (NSDL) and Central Depository Services (India) as on March 06, 2020 (Cut-off date), to seek their approval as set out in said Postal Ballot Notice. The Company has engaged the services of CDSL for the purpose of providing e-voting facility to all its members. The voting through postal ballot and e-voting will commence from Wednesday, March 18, 2020 (9:00 AM IST) and shall end on Thursday, April 16, 2020.

The above information is a part of company’s filings submitted to BSE.

Maharashtra Seamless has informed that it has enclosed a copy o..
12Mar03-12-2020$ Postal Ballot Notice Postal Ballot Notice
Please find enclosed herewith a copy of the postal ballot notice dated March 05, 2020 along with Explanatory Statement and postal ballot form. The Company is in process of sending Postal Ballot Notice, along with other relevant documents, to those shareholders of the Company, whose names appear in the register of members/beneficial owners received from the National Securities Depository Limited ('NSDL') and Central Depository Services (India) Limited as on March 06, 2020 ('Cut-off date'), to seek their approval as set out in said Postal Ballot Notice. The Company has engaged the services of CDSL for the purpose of providing e-voting facility to all its members. The voting through postal ballot and e-voting will commence from Wednesday, March 18, 2020 (9:00 A.M. IST) and shall end on Thursday, April 16, 2020 (5:00 P.M. IST).
Please find enclosed herewith a copy of the postal ballot notic..
Financials More
Rs. in Millions
QTR Dec 19 ANNUAL 19
Net Profit760.5000000000012623.7
Gross Profit 1000.9 4930.2
Operating Profit 1313.47332.8
Net Sales 5604.230611.7
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
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Shareholding Pattern More
MUTUAL FUNDS/UTI 7.9 %
PROMOTERS 62.82 %
NON-INSTITUTION 26.87 %
FI/BANKS/INSURANCE 0.36 %
GOVERNMENT 0 %
FII 0 %
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