Shree Precoated Steels Ltd share Price

Shree Precoated Steels Ltd is a flagship company of Ajmera Group of Companies. The company is in the business of manufacturing Cold Rolled, Galvanized and Colour Coated Flat Steel Products. Their products are used in construction, white goods and automotive sectors. They have has the largest coating facility in Asia equipped with `Near Infrared Technology`. The company is having integrated manufacturing facility located at Sanaswadi, Pune. The facility is having a capacity to manufacture 840,000 TPA of CR including CRCA, 4,90,000 TPA of Galvanized products including Galvalume and 3,90,000 TPA of Colour-Coated products. Also, all the manufacturing facilities are accredited with ISO-9001 and ISO-14001 certification from DNV, Netherlands. Shree Precoated Steels Ltd was originally incorporated on September 17, 2007 as Ajmera Reality Pvt Ltd. The name of the company was changed to Ajmera Precoated Steels Pvt Ltd on July 22, 2008. In July 23, 2008, the status of the company was changed to public limited company and the name was changed to Ajmera Precoated Steels Ltd as a result of the conversion from a private limited company to a public limited company. During the year 2008-09, as per Scheme of Arrangement, the steel division of Ajmera Realty & Infra India Ltd was transferred to the company with effect from April 17, 2009. Also, the name of the company was changed to Shree Precoated Steels Ltd. In November 2009, the company transferred their Steel Business to Essar Steel Ltd as a going concern basis for a consideration of Rs 1,094 crore.