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Company Information

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SPRAYKING LTD.

21 January 2025 | 12:00

Industry >> Micro Irrigation Systems

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ISIN No INE537U01029 BSE Code / NSE Code 540079 / SPRAYKING Book Value (Rs.) 4.27 Face Value 2.00
Bookclosure 29/09/2024 52Week High 30 EPS 0.84 P/E 11.58
Market Cap. 103.25 Cr. 52Week Low 9 P/BV / Div Yield (%) 2.29 / 0.00 Market Lot 1.00
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 "Sprayking Agro Equipment Private Limited" at Dared, Jamnagar, Gujarat as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated February 17, 2005 bearing Corporate Identification Number U29219GJ2005PTC45508 issued by Registrar of Companies, Gujarat. Subsequently, the Company was converted into Public Company pursuant to Shareholders resolution passed at the Extraordinary General Meeting of the Company held on March 1, 2016 and name of the Company was changed to "Sprayking Agro Equipment Limited" pursuant to issuance of fresh Certificate of Incorporation dated March 5, 2016. The Corporate Identification Number of the Company is U29219GJ2005PLC045508. Pragjibhai Patel, Hiteshkumar Dudhagara and Ronakben Dudhagara are promoters of the Company. Pragjibhai Patel, Hiteshkumar Dudhagara, Premji Patel and Jasmin Patel were the initial subscribers to the Memorandum of Association of the Company. Ronakben acquired 6000 Equity Shares of the Company on June 14, 2005. Premji Patel, Jasmin Patel and Jignesh Patel have disassociated themselves by transferring 72,500, 36,000 and 35,000 Equity Shares of the Company to Premjibhai Patel Family. The Company is engaged mainly into manufacturing of brass agro equipment and brass plumbing components. We are also capable of manufacturing auto parts, electrical parts, transformer parts etc. For details regarding market of each segment, exports and profits due to foreign operations together with country wise analysis, standing of the Company in comparison with prominent competitors, with reference to its products, management, managerial competence, technology, market, major suppliers and customers, environmental issues, geographical segment, etc. KEY EVENTS AND MILESTONES : 2005 -Incorporation of Company 2013 -Expanded the product portfolio to manufacture Plumbing Equipment

2023
-The Company has issued Bonus Shares in the Ratio of 2:3.
-Company successfully completed Acquisition of Narmada Brass Industries.