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Jyoti Structures Ltd.

BSE: 513250 Sector: Infrastructure
NSE: JYOTISTRUC ISIN Code: INE197A01024
BSE LIVE 15:57 | 23 Oct 11.25 -0.01
(-0.09%)
OPEN

11.68

HIGH

11.68

LOW

11.00

NSE 15:26 | 23 Oct 11.10 -0.10
(-0.89%)
OPEN

11.40

HIGH

11.60

LOW

10.65

OPEN 11.68
PREVIOUS CLOSE 11.26
VOLUME 179889
52-Week high 15.30
52-Week low 6.98
P/E
Mkt Cap.(Rs cr) 123
Buy Price 0.00
Buy Qty 0.00
Sell Price 11.25
Sell Qty 300.00
OPEN 11.68
CLOSE 11.26
VOLUME 179889
52-Week high 15.30
52-Week low 6.98
P/E
Mkt Cap.(Rs cr) 123
Buy Price 0.00
Buy Qty 0.00
Sell Price 11.25
Sell Qty 300.00

Jyoti Structures Ltd. (JYOTISTRUC) - Company History

Jyoti Structures Ltd is one of India's leading providers of turnkey solutions in the field of power transmission. The company is engaged in the business of providing turnkey solutions in the field of power transmission. They have three main lines of operation, namely Transmission Lines, Substations and Rural Electrification. The company is an ISO 9001, ISO 14001 and OHSAS certified company. They undertake turnkey projects on a global scale, offering a complete range of services from design, engineering and tower testing to manufacturing, construction and project management. The company has established manufacturing plants at Nashik and Raipur with a combined manufacturing capacity of 110,000 MT for fabrication and galvanising of towers and structures. The factories are equipped with Computerized Numerical Control (CNC) machines for the fabrication of towers. They also have an in-house tower testing facility at Ghoti, Igatpuri. Jyoti Structures Ltd was incorporated on May 27, 1974 as a private limited company with the name Jyoti Structurers Pvt Ltd. In October 21, 1974, the name of the company was changed to Jyoti Structures Pvt Ltd. Also, the company was converted into public limited company and the name was changed to Jyoti Structures Ltd with effect from October 21, 1974. In April 1979, they commenced commercial production at Nasik Factory. In September 1988, the company entered into their first turnkey contract with Maharashtra State Electricity Board. In February 1989, they made an initial public offering of 920,000 equity shares of Rs 10 each at a premium of Rs 5 per equity share aggregating Rs 13.8 million. In April 1989, the company's shares were listed on Bombay Stock Exchange. In March 1993, the company commissioned a manufacturing unit at Urla Industrial Area, Raipur. In July 1995, the company shares were listed on National Stock Exchange. In December 1996, they set up an in-house tower testing facility at Ghoti, Igatpuri. In June 2005, the company established a joint venture company in Dubai, namely Gulf Jyoti International LLC (GJI) in which they have a 30% equity stake. In September 2006, the company incorporated a subsidiary in South Africa, namely Jyoti Structures Africa Pty Ltd in which they have a 70% equity stake. During the year 2008-09, the company increased the installed capacity of Transmission Lines/Towers/Structures by 14,200 MT to 95,800 MT. In March 2010, the company became the first company in India to test a 1200 KV tower.