KYC is one time exercise with a SEBI registered intermediary while dealing in securities markets (Broker/ DP/ Mutual Fund etc.). | No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.   |   Prevent unauthorized transactions in your account – Update your mobile numbers / email ids with your stock brokers. Receive information of your transactions directly from exchange on your mobile / email at the EOD | Filing Complaint on SCORES - QUICK & EASY a) Register on SCORES b) Mandatory details for filing complaints on SCORE - Name, PAN, Email, Address and Mob. no. c) Benefits - speedy redressal & Effective communication   |   BSE Prices delayed by 5 minutes... << Prices as on Nov 01, 2024 >>  ABB India 7427.85  [ -0.12% ]  ACC 2328.15  [ 0.36% ]  Ambuja Cements 582.9  [ 0.43% ]  Asian Paints Ltd. 2940  [ 0.06% ]  Axis Bank Ltd. 1168.15  [ 0.83% ]  Bajaj Auto 9878.25  [ 0.44% ]  Bank of Baroda 253.7  [ 1.00% ]  Bharti Airtel 1616.45  [ 0.30% ]  Bharat Heavy Ele 242.1  [ 1.28% ]  Bharat Petroleum 312.8  [ 0.69% ]  Britannia Ind. 5695.1  [ -0.56% ]  Cipla 1559.2  [ 0.39% ]  Coal India 454.4  [ 0.46% ]  Colgate Palm. 3066.1  [ 0.19% ]  Dabur India 543.1  [ 0.58% ]  DLF Ltd. 823.5  [ 0.34% ]  Dr. Reddy's Labs 1258.55  [ -1.23% ]  GAIL (India) 200.2  [ 0.13% ]  Grasim Inds. 2697.1  [ 0.12% ]  HCL Technologies 1758.2  [ -0.55% ]  HDFC 2729.95  [ -0.62% ]  HDFC Bank 1737.8  [ 0.16% ]  Hero MotoCorp 5019.5  [ 0.59% ]  Hindustan Unilever L 2538.35  [ 0.43% ]  Hindalco Indus. 690.2  [ 0.60% ]  ICICI Bank 1292  [ 0.03% ]  IDFC L 108  [ -1.77% ]  Indian Hotels Co 687.15  [ 1.54% ]  IndusInd Bank 1062.55  [ 0.64% ]  Infosys L 1761.6  [ 0.25% ]  ITC Ltd. 490.55  [ 0.42% ]  Jindal St & Pwr 929.7  [ 1.02% ]  Kotak Mahindra Bank 1744.85  [ 0.83% ]  L&T 3626.3  [ 0.05% ]  Lupin Ltd. 2198.25  [ 0.55% ]  Mahi. & Mahi 2817  [ 3.29% ]  Maruti Suzuki India 11112.75  [ 0.29% ]  MTNL 49.01  [ 0.89% ]  Nestle India 2281.5  [ 0.76% ]  NIIT Ltd. 165.25  [ 6.65% ]  NMDC Ltd. 222.65  [ 0.47% ]  NTPC 411.5  [ 0.83% ]  ONGC 271.85  [ 2.12% ]  Punj. NationlBak 100.98  [ 3.20% ]  Power Grid Corpo 321.9  [ 0.22% ]  Reliance Inds. 1339.1  [ 0.49% ]  SBI 821.05  [ 0.07% ]  Vedanta 467.55  [ 0.80% ]  Shipping Corpn. 220.15  [ 1.76% ]  Sun Pharma. 1858.7  [ 0.52% ]  Tata Chemicals 1154.95  [ 0.54% ]  Tata Consumer Produc 1005.6  [ 0.30% ]  Tata Motors 843.6  [ 1.14% ]  Tata Steel 149.7  [ 0.71% ]  Tata Power Co. 445.2  [ 1.17% ]  Tata Consultancy 3985.4  [ 0.36% ]  Tech Mahindra 1603.9  [ -0.27% ]  UltraTech Cement 11138.25  [ 0.64% ]  United Spirits 1453.15  [ 0.31% ]  Wipro 551.15  [ -0.12% ]  Zee Entertainment En 123.2  [ 0.90% ]  

Company Information

Indian Indices

  • Loading....

Global Indices

  • Loading....

Forex

  • Loading....

BAJAJ STEEL INDUSTRIES LTD.

01 November 2024 | 12:00

Industry >> Engineering - Heavy

Select Another Company

ISIN No INE704G01024 BSE Code / NSE Code 507944 / BAJAJST Book Value (Rs.) 638.72 Face Value 5.00
Bookclosure 12/11/2024 52Week High 3619 EPS 113.49 P/E 30.95
Market Cap. 1826.34 Cr. 52Week Low 1025 P/BV / Div Yield (%) 5.50 / 0.09 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
YEAR EVENTS 1961 - The company was incorporated as a Private Limited company on 14th February. The company was converted into a public Limited company on 7th October, 1985. The company was promoted by Hargovind Bajaj. The Main object of the Company is to manufacture and converters of all kinds of steel and its products, by-products, iron and steel founders, re-rollers, non-ferrous metal founders etc.

1965 - The company started its industrial activity as steel rollers. The company developed a Double Roller Cotton Gin - a machine used for separating the cotton from seed. The company diversified into the product line and finding it more profitable, it gradually phased out the steel Re-rolling activity.

1992 - Margins remained order pressure due to hike in the cost of raw materials, power, labour etc. and strike in the HDFEIPP woven sales divisions.

1995 - 6,60,000 No. of equity shares of Rs 10 each issued & subscribed to promoters. 15,40,000 No. of equity shares of Rs 10 each were then issued at par in July 1988 of which 5,83,000 shares allotted to promoters, directors on a firm basis. Of the remaining 3,82,000 shares (all were taken up) and 77,000 shares reserved for allotment on a preferential basis to NRIs on repatriation basis and employees respectively. Balance 4,98,000 shares were issued to the public.

1996 - The Company undertook to install certain plants and equipments to manufacture superior quality double roller cotton gins and marginally expand its capacity. It was also proposed to undertake a project for selling up HDPE/PP WOVEN sacks lined/laminated kraft paper especially for packaging of cement, with a capacity of 6000 tpa of HDPE/PP WOVEN fabrics and sacks.

2007

-Bajaj Steel Industries Ltd has informed that Shri. Rajkumar Lohi, Shri. Rajiv Ranka & Shri. Alok Goenka has been appointed as an additional Directors of the Company with effect from October 18, 2007.

2008

-Company has informed that the designated E-mail ID of the Investor Relation Cell/Grievance Redressal Division is cs@bajajngp.com

2010

- Bajaj Steel Industries Ltd has appointed Shri Deepak Batra as an Additional Independent Director on the Board of the Company.

2011

-The Company has considered and approved the Recommendation of Dividend on Equity Shares @ 20% i.e. Rs. 2 per equtiy share for the year 2010-11.

2012

-The Recommendation of Dividend on Equity Shares @ 30% i.e. Rs. 3/- Per Share for the Financial Year 2011- 12 -BajajStlInds - Formation of 100% Wholly Owned Subsidiary in the State of Alabama

2013

-The Company has recommended Dividend on Equity Shares @ 30% i.e. Rs. 3/- Per Share on 23,50,000 Equity Shares of Rs. 10/- each

2014

-The Company has Recommendation of Dividend on Equity Shares @ 40% i.e. Rs. 4/- Per Equity Share on 23,50,000 Equity Shares of Rs 10/- each

-On 18.12.14, Chairman Punjab mandi board & district mandi board officer have officially inaugerated the seed cotton drying & pre-cleaning set up at Punjab mandi board Malout site.

2017 -Bajaj Steel Industries has been awarded a prestigious order from Egyptian Holding Company for Cotton.

2020 -The Company has splits its face value from Rs. 10/- to Rs. 5/-..