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Company Information

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A G UNIVERSAL LTD.

04 December 2024 | 01:53

Industry >> Steel

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ISIN No INE0O6N01012 BSE Code / NSE Code / Book Value (Rs.) 31.77 Face Value 10.00
Bookclosure 26/09/2024 52Week High 99 EPS 3.50 P/E 15.97
Market Cap. 30.66 Cr. 52Week Low 48 P/BV / Div Yield (%) 1.76 / 0.00 Market Lot 2,000.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was incorporated as a Private Limited company under the Companies Act, 1956 pursuant to a certificate of incorporation issued by the Registrar of Companies, Delhi dated May 21, 2008 with the name `Akshata Polymers Private Limited'. Subsequently, the name of the Company was changed to `A G Universal Private Limited' and a fresh certificate of incorporation consequent upon change of the name was issued by the Registrar of Companies, Delhi, on December 13, 2013. Further, the company has been converted into Public Limited company, due to which the name of the company was changed to `A G Universal Limited' and a fresh certificate of incorporation was issued by the Registrar of Companies, Delhi, on November 11, 2022. The Corporate Identification Number of the Company is U25200DL2008PLC178400. At present, A G Universal Limited deals in trading of various products including Stainless Steel Pipes, Mild Steel Pipes, ERW Black Pipes, GI Pipes, Hollow Sections, uPVC Pipes cPVC Pipes, TMT Bars, CR Coils and HR Coils . the company acts as a dealer for Surya Roshni Limited, Jindal Supreme (India) Private Limited, Swastik Pipe Limited, Ravindra Tubes Private Limited, Sks Ispat & Power Ltd, etc. the company has strengthened its position as one of the suppliers of high-end industrial MS Tubes, GI Pipes, and Hollow Sections. The company is also engaged in the activities of investment in properties and shares of listed and unlisted companies.

KEY EVENTS AND MILESTONES :
2008
- The company was incorporated on May 21, 2008 and later in August the Authorized share capital of the company increased from Rs.5,00,000/- divided into 50,000 Equity Shares of Rs.10/- each to Rs.25,00,000/- divided into 2,50,000 Equity Shares of Rs.10/- each.

2013
- The name of the company has been changed from Akshata Polymers Private Limited to A G Universal Private Limited.

2021
- The company added 2 more points Point No. 5 & 6 in its Main Objects under the Object Clause in the MOA of the company which are stated as under:- 
To carry on in India or elsewhere the business to design, manufacture, produce, prepare, buy, procure, acquire, deal, import and export, act as agent, dale crader agent, broker, representative, consultant, collaborator, stockist, lessor, franchiser, wholesaler, retailer, seller, reseller, job-worker of GI Pipes, scraps, billets, ingots including wire, nails, screws, metal hinges, plates, sheets, strips, hoops, rounds, circles, angles, alloy steel, stainless steel, steel pipes of every description, pipes and tubes made from all types of metals, aluminium, copper, cast iron, pig iron, sponge iron, iron ores, rods, iron pipes and iron products, ferro silicon, ferro chrome, ferro manganese and other ferrous substances and metals, gadgets, implements, accessories, parts, spares, assemblies, components, moulds, jigs, dies, nuts, bolts, fixtures and tools, metallic or otherwise of every description and all types of raw materials, plants and machinery required for manufacturing of all the above products.
To carry on the business in India or abroad as builders, developers, maintainers, realtors, contractors, subcontractors, quasi contractors, consultants, dealers, commission agents, sellers, purchasers, real estate brokers, sub brokers, lessor, lessee of all types of lands, plots, flats, residential buildings, commercial buildings, malls, cinema halls, complexes, roads, approach roads, streets, circles, squares, parks, gardens, statues, parking places, bridges, dams, watercourses and reservoirs, tunnels, earthworks, sewers, tanks, drains, sewage, lighthouses, towers, transmission towers, pipelines, underground cables, railway tracks, railway sidings, runways shipyards, stockyards, culverts, channels whether on a turnkey basis or on labour contracts or otherwise, all types of infrastructure projects, raw materials used in real estates and infrastructure projects, and all other real estate and related activities. 

2022
- In February, the Authorized Share Capital increased from Rs.25,00,000/- divided into 2,50,000 Equity Shares of Rs.10/- each to Rs.5,00,00,000/- divided into 50,00,000 Equity Shares of Rs.10/- each. Later in July, the Authorized Share Capital increased from Rs.5,00,00,000/- divided into 50,00,000 Equity Shares of Rs.10/- each to Rs.8,00,00,000/- divided into 80,00,000 Equity Shares of Rs.10/- each.
- In July, the company added 7th point in its Main Objects under the Object Clause in the MOA of the company which are stated as under:- 
To manufacture, assemble, prepare, deal in, import and export of all sorts and types of stainless steel products such as utensils, culinary tools, cook wares, cutlery(ies) and other allied products.