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Company Information

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KSB LTD.

07 March 2025 | 12:00

Industry >> Pumps

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ISIN No INE999A01023 BSE Code / NSE Code 500249 / KSB Book Value (Rs.) 84.30 Face Value 2.00
Bookclosure 02/05/2025 52Week High 1060 EPS 14.22 P/E 48.23
Market Cap. 11937.35 Cr. 52Week Low 582 P/BV / Div Yield (%) 8.14 / 0.58 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 1960 - The company was incorporated. The Company was promoted by Lein, Schanzlin & Becker A.G., West Germany, Industrial & Prudential Investment Co. Ltd., Mumbai and Mr. F.K. Heller, an expatriate German national. The Company manufacture power driven process pumps for use in the fertiliser, chemical and petrochemical industries and pumps for nuclear power stations.

1971 - 20,000 Right shares issued at par. 10,000 shares on 25.2.1964 in prop. 1:2 and 10,000 shares on 8.6.1970 in prop. 1:3.

1972 - 10,000 Bonus shares issued in prop. 1:4. 1977 - The project for the manufacture of nuclear power pumps was to be set up in the MIDC Industrial Area in Pimpri-Bosari. The Company took up a new project for the manufacture of 4" submersible pumps and valves at Coimbatore. A technical collaboration agreement was signed with VELAN inc., Montreal, Canada for this purpose and ICICI sanctioned term loans of Rs 640 lakhs.

- After the issue of capital to the public during August, the shareholding in the Company of Canadian Kay Pump Ltd., of Toronto, Canada which is the holding company for certain overseas manufacturing companies associated with KSB, Germany stood reduced from 65% to 51.3%.

- Shares subdivided in June. 2,50,000 Bonus shares issued in prop. 1:2. 2,00,000 shares offered to the public in August 1977 (prem. Rs 7.50 per share).

1981 - The Company issued on 7th October, to its shareholders 1,66,707 - 13.5% 9-year secured convertible debentures of Rs 75 each for a total amount of Rs 1,25,03,025 on rights basis. The allotment was made on 12th January, 1982.

- 45,000 shares issued (prem. Rs 3.50 per share) to LIC on conversion of loans. 46,837 shares issued (prem. Rs 3.50 per share) to Canadian Kay Pump, Ltd., Canada.

1982 - 9,66,835 Bonus shares issued in prop. 4:5 in January 1983.

1983 - In terms of the convertible debentures 20% of the face value of each debenture (Rs 15 was converted into one fully paid equity share of Rs 10 each at a premium of Rs 5 per share) on 12th January.

- Grade-O-Castings Ltd., is a subsidiary of the Company.

1988 - The Company entered into a long term agreement with Nuclear Power Corporation of India Ltd., for the manufacture of bigger pumps for nuclear power station.

- 21,75,379 Bonus shares issued in prop. 1:1.

1989 - 43,50,758 Bonus Equity shares issued in prop. 1:1.

1996 - 87,01,516 No. of equity shares issued as bonus in prop. 1:1.

2002

-Mumbai High court sanctions the scheme of amalgamation of Grade-O-castings Ltd with the company.

2003

-M/s Paharpur Cooling Towers Ltd acquired 74964 ie., 0.43% equity shares of the company by Inter Se Transfer Mode.

-Specified Undertaking of the UTI has sold 4,72,220 shares amounting to 2.71%.

-Declares interim dividend @ 10% on equity shares of Rs.10 fully paid up.

- Unit Trust of India has sold 4,72,220 shares amounting to 2.7139% of KSB Pumps Limited

2006

-KSB Pumps Ltd has informed that Mr. Heinz-Jurgen Otto has been appointed as a Non-executive Director of the Company.

2007

- Ksb Pumps Ltd. has appointed Dr. Wolfgang Schmitt as a non-executive director of the Company.

2008

-KSB Pumps Ltd has appointed Mr. Pradip Shah as a director of the Company.

2009

-KSB Pumps has recommended 35% final dividend making a total dividend of 55% (including 20% interim dividend)

2010

-KSB Pumps has recommended Rs. 10.50 per share of Rs. 10/- each final dividend making a total dividend of Rs. 12.50 per share (including 20% interim dividend)

2011

-Mr. Mahesh G. Bhave is appointed as Company Secretary and Compliance officer of the Company. Mrs. Mitra P. Parchure is appointed as Assistant Company Secretary.

-KSB Pumps has given the Bonus in the Ratio of 1:1

2012

-KSB Pumps has recommended 30% final dividend making a total divdend of 40% (including 10% interim dividend).

2013 -KSB Pumps Ltd inaugurated a new Cast Iron Foundry at the existing facilities in Vambori near Ahmednagar. -KSB Pumps Ltd have declared Second Interim Dividend @ 45% i.e. Rs. 4.50 per share.

2014 -KSB Pumps Ltd., India, launched the latest generation of its Etanorm series. -KSB in India, has launched a new generation of hot water recirculation pump without external cooling.

2015 -KSB India's Make in India initiative - New generation high pressure pumps for supercritical applications -Product Launch KSBSol

2017

-KSB Pumps Limited has informed the Exchange regarding 'Commencement of commercial production at Company's Shirwal unit'.

2019

-Slurry Recirculation Pump - KWP for FGD Application -Horizontal Axially Splitcase Pump - Gamma

2021

-Slurry Recirculation Pump (Smaller sizes- KWP for Industrial Application -Launch of Authorised Service Station at Baddi, Himachal Pradesh

2022 -KSB Ltd. Highest ever Order Intake of INR 20,456 million in 2022. -KSB Ltd open New branch offices in Patna, -KSB Ltd product launch - Aqua Series pumps.

2023 -KSB Limited Received Order Around INR 55 Crores From Nuclear Power Corporation Of India Limited. -KSB received letter of award under PM-Kusum III Scheme under component B of INR 27.78 Crores for 800 solar water pumping systems from Department of Agriculture.