Hitech SAW Ltd.
BSETBA
TBA
1 Shares
TBA
₹2
Financial Summary
| Particulars | FY 2021-22 | FY 2020-21 |
|---|---|---|
| 13,351.43 | 7,301.93 | |
| 12.51 | 13.26 | |
| 13,363.94 | 7,315.19 | |
| 12,652.73 | 6,783.03 | |
| 460.88 | 370.8 | |
| 350.32 | 273.16 |
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About the Company
we are engaged into the business of manufacturing steel wielded pipes. Helical Spiral Submerged Arc Welded pipes i.e. HSAW pipes are what we offer to our customers. In the HSAW type, steel coils that are welded spirally, like a helix, so that the coil (strip) assumes the shape of a pipe.
Use of Proceeds
1.Funding the proposed expansion by setting up API-grade HSAW pipe manufacturing unit along with a 3LPE coating unit within our existing Nagpur Facility (“Proposed Expansion”); 2.Repayment or pre-payment, in part or full of certain borrowings availed by our Company from banks; and 3.General corporate purposes.
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The for the Hitech SAW Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.