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About Mukat Pipes Ltd
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Incorporated in 1987 at Rajpura, Mukat Pipes Ltd was promoted by B S Ahuwalia and his two sons to manufacture Submerged Arc Welded(SAW) pipes. Initially, the company had facilities in Patiala to manufacture 5000 tpa of large diameter (ranging from 16 inches to 60 inches) SAW pipes upto 6 mtr in length and upto 20 mm thickness. The Company supply pipes to mini hydro power projects installed in Himachal Pradesh and Jammu & Kashmir. Mukat Pipes entered the capital market by making a public issue in Jan.`93, to part-finance a Rs 16.9-cr expansion scheme to increase the installed capacity of SAW pipes from 5000 tpa to 20,000 tpa, to enable the company to produce pipes of greater diameters (upto 130 inches). Even though Mukat`s capacity (20,600 tpa) was small compared to that of SAW Pipes (2,50,000 tpa), the Company had capacity of producing pipes of diameters ranging from 16 inches to 130 inches, whereas SAW Pipes was limited to pipes of diameters only upto 40 inches. The products were used in rigorous applications such as transportation of oil, gas, chemicals, slurry, water and sewage as well as transportation of solids using air or liquid propellants. They were also used for erection of oil rig platforms. One of its units at Baramati completed the expansion project in 2002-03 and the production commenced during the same year. The Company`s truncated project for manufacturing Large Diameter Pipes became operational and was commissioned on March 15, 2004. Again, the Baramati Unit in Maharashtra was sold during 2011-12 under the directions of the Board for Industrial and Financial Reconstruction (BIFR) as one of the measures of rehabilitation of the Company.
Mukat Pipes share price as on 21 May 2025 is Rs. 16. Over the past 6 months, the Mukat Pipes share price has decreased by 24.71% and in the last one year, it has increased by 18.96%. The 52-week low for Mukat Pipes share price was Rs. 11.44 and 52-week high was Rs. 25.98.
523832
MUKATPIPE
INE862C01029
Sep
Mukat Pipes Ltd FAQs
You can buy Mukat Pipes Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Mukat Pipes Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of May 20, 2025 04:01 PM the closing price of Mukat Pipes Ltd was Rs.16.00.
The latest PE ratio of Mukat Pipes Ltd as of May 20, 2025 04:01 PM is 150.09
The latest PB ratio of Mukat Pipes Ltd as of May 20, 2025 04:01 PM is -0.36
The 52-week high of Mukat Pipes Ltd share price is Rs. 25.98 while the 52-week low is Rs. 11.44
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of May 20, 2025 04:01 PM, the market cap of Mukat Pipes Ltd stood at Rs. 18.93 Cr.
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