Pattech Fitwell Tube Components Ltd share Price Today

Pattech Fitwell Tube Components Limited was originally formed as a Partnership Firm in the name of "M/s. Pat Tech Fitwell Tube Components" vide Partnership Deed dated November 22, 2012. The Firm was converted into Company as "Pattech Fitwell Tube Components Private Limited" on August 22, 2022 at Ahmedabad, Gujarat. Thereafter, Company converted from a Private Limited Company to a Public Limited Company, on September 23, 2022, and consequently, the name was changed to `Pattech Fitwell Tube Components Limited`, vide fresh Certificate of Incorporation on October 11, 2022 by the Registrar of Companies, Ahmedabad. The Company represents as manufacturer of forging products for the non-automotive sector with an installed capacity of 14104.13 MTPA for manufacturing of forged flanges, complex and specialized machined components, welded assemblies in the area of open die forgings. It is engaged in manufacturing of pipe fittings, flanges and various types of forgings and machined components as well as pipe spools and fabrication works for industries like fertilizers,petrochemical, power, chemical & pharmaceutical, food processing, oil & gas, desalination & water treatment, ship building, defense, fabrication of process equipments, instrumentation etc. The Company converts semi-finished / raw products to finished products by carrying value-added process such as forming, bending, drilling, cutting, inspection, polishing, painting, blasting, welding, punching, marking, testing and packaging. The existing manufacturing plant consists of forming shop, fabrication shop, forging shop, die shop, heat treatment shop, conventional machining shop backed by related quality assurance equipments. Presently, the Company is having plant divided into two parts, viz Part A and Part B at Vadodara, Gujarat, which manufacture these products from carbon steel, alloy steel and stainless-steel pipes, coils, plates, structures and forgings. It is using electric and oil fire heat furnace technology for forging products. Apart from this, it also manufacturing a wide range of forged and machined components that is used in pipes and tube fitings like Elbows, Flanges, Tees, Reducers, Caps, pipe spools and other fabrication works and manufacturing unit catering to the different product portfolios. The Company is proposing a public issue which comprise of issuing upto 24,00,000 Equity shares through fresh issue.

Pattech Fitwell Tube Components share price as on 26 Apr 2024 is Rs. 90.35. Over the past 6 months, the Pattech Fitwell Tube Components share price has increased by 41.17% and in the last one year, it has increased by 49.09%. The 52-week low for Pattech Fitwell Tube Components share price was Rs. 45 and 52-week high was Rs. 97.