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GMM Pfaudler Ltd.

BSE: 505255 Sector: Engineering
NSE: N.A. ISIN Code: INE541A01023
BSE LIVE 15:40 | 22 Sep 615.05 -11.05
(-1.76%)
OPEN

610.00

HIGH

629.95

LOW

605.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 610.00
PREVIOUS CLOSE 626.10
VOLUME 4120
52-Week high 675.00
52-Week low 356.00
P/E 35.84
Mkt Cap.(Rs cr) 898
Buy Price 0.00
Buy Qty 0.00
Sell Price 615.00
Sell Qty 10.00
OPEN 610.00
CLOSE 626.10
VOLUME 4120
52-Week high 675.00
52-Week low 356.00
P/E 35.84
Mkt Cap.(Rs cr) 898
Buy Price 0.00
Buy Qty 0.00
Sell Price 615.00
Sell Qty 10.00

GMM Pfaudler Ltd. (GMMPFAUDLER) - Company History

GMM Pfaudler Ltd(GMMPL)[ formerly known as Gujarat Machinery Manufacturers], an Indian subsidiary of Pfaudler Inc of USA is primarily engaged in manufacture of corrosion resistant glass-lined equipment used primarily in the Chemical, Pharmaceutical and allied industries. The company also manufactures Wiped Film Evaporators, Agitated Nutche Filters, Hiefficiency Mixing Systems, PTFE lined equipment etc apart from glass lined equipment in which the company is the largest producer in India. It's main manufacturing plant is located at Karamsad in Gujarat. The company incorporated in Nov 17, 1962 has started manufacturing glasslined equipment in 1969, with technology acquired from Hampart, Hungary. However, with passage of time, this technology became obsolete. For keeping ahead of others in technology, in 1988, GMML entered into a technical and financial tie-up with Pfaudler Companies, US. Pfaudler, a world leader in the field, acquired a 40% stake in the company and it currently holds 51% stake in the company. During 1993-94, GMML commenced manufacture of corrosion resistant fluoropolymer products in technical collaboration with Eldon Products, US, and filter dryers in collaboration with Rosenmund, Switzerland. The company has also entered into a technical know-how agreement with Chemineer Inc of USA for manufacture of certain chemical process equipment. By commissioning a new state-of-the-art micro processor controlled electric furnace in Jan.'95, GMMPL has doubled its capacity as well as its ability, to manufacture glasslined reactors and tanks upto 25,000 ltr. In 1995-96, the company installed additional five wind turbine generators with a combined capacity of 1000 kW at Bhogat (Jamnagar district), Gujarat. With this, the company has a total of nine wind turbine generators with a combined capacity of 1800 kW. During 1996-97, the company was awarded ISO 9001 Certification by TUV Germany. The company has started a new reglassing division which reconditions and reglasses used glasslined equipment.