You are here » Home » Companies » Company Overview » KSB Ltd

KSB Ltd.

BSE: 500249 Sector: Engineering
NSE: KSB ISIN Code: INE999A01015
BSE 11:32 | 22 Jun 939.75 13.15
(1.42%)
OPEN

935.00

HIGH

945.55

LOW

931.60

NSE 11:19 | 22 Jun 939.90 13.35
(1.44%)
OPEN

939.85

HIGH

947.35

LOW

930.05

OPEN 935.00
PREVIOUS CLOSE 926.60
VOLUME 1849
52-Week high 1110.00
52-Week low 425.45
P/E 26.32
Mkt Cap.(Rs cr) 3,271
Buy Price 938.40
Buy Qty 1.00
Sell Price 939.55
Sell Qty 3.00
OPEN 935.00
CLOSE 926.60
VOLUME 1849
52-Week high 1110.00
52-Week low 425.45
P/E 26.32
Mkt Cap.(Rs cr) 3,271
Buy Price 938.40
Buy Qty 1.00
Sell Price 939.55
Sell Qty 3.00

KSB Ltd. (KSB) - Company History

KSB Ltd(formerly KSB Pumps Ltd) Indian subsidiary of Klein Schanzlin & Becker (KSB) Germanyisone of the largest manufacturer and seller of pumps and valves in India. The company was established in 1960 in India. The company is engaged inmanufacture of power driven pumps and industrial valves Cast Articles of Iron or Steel. The company has grown geographically and has it plantslocated at Puneahmednagar Chinchwad Nashik and Coimbatore since its first plant which was set up at Pimpri in Pune. in 1960. The company's own foundry plant is at Ahmednagar in Maharashtra.The company issued and allotted 8701516 Bonus Shares in the proportion of one new Equity Shares for everyone existing Equity Shares on 5thApril 1996.The company's Coimbatore plantwhich was set up in technical collaborationwith Velan Canada is into manufacture of submersible pumps and valves.From1999 onwards the company has discontinued manufacture of valves of theVelan design.The company acquired around 75% of Pofran Engineering thus makingpofran asits subsidiary in fiscal 2001.The company approved the scheme of amalgamation of its subsidiaryGrade-o-Castings Ltd. (GCL) with the company w.e.f 1st April2001. Oneequity shareof Rs.10/- of the company is allotted for every one shareof Rs.100/- of GCLheld. The company has launched a new range of chemicalpumps in 2000-01.During 2002-03 Pofran Engineering Ltd became a wholly owned subsidiary ofthe Company.The whollyowned subsidiary of the company Pofran Engineering Ltdhas been amalgamated with the company with effect from 01.01.2004 pursuant totheorder of High Court of Mumbai.At present the companies capacity for producing Power Driven Pumps Industrial Values Carbon Steel Alloy Steel Alloy Iron Castings and Non Ferrous Castings stands at 105000 Tonnes 170000 Tonnes 6800 Tonnes and 200 Tonnes respectively.As on 31 December 2010the company has one subsidiary and one associate company namelyPofran Sales and Agency Ltd and MIL Controls Ltd respectively.The Company has won the award for Leading HR Practices in Learning and Human Capital Development under the organizational category for the year 2010. The award was jointly hosted by Shine.com and Hindustan Times under the theme of HR Leadership Awards - Felicitating Meritorious Contributions in the HR Domain.During the FY2011the Company has allotted 17403922 bonus shares on 20.04.2011 in the proportion of one new equity share for every one existing equity share. The Company has been awarded Environmental Management and Quality Management Certification according to the international standard ISO 14001: 2004 and ISO 9001:2008 respectively.The Company has 1 subsidiary viz. Pofran Sales and Agency Limited and 1 associate viz. KSB MIL Controls Limited (previously MIL Controls Limited) as on 31st December 2017.During the FY2017 the Board of Directors of the Company at its meeting held on 26th April 2017 decided to change the name of the Company from KSB PUMPS LIMITED to KSB LIMITED. The name of the Company stands changed from `KSB PUMPS LIMITED' to `KSB LIMITED' pursuant to fresh Certificate of Incorporation issued by the Registrar of Companies Mumbai effective from 9 July 2018.The Company has 1 subsidiary viz. Pofran Sales and Agency Limited and 1 associate viz. KSB MIL Controls Limited (previously MIL Controls Limited) as on 31st December 2020.The Financial year 2020 posed several challenges on account of adverse situations of COVID-19 pandemic. With the government of India announcing nation-wide lockdown towards the end of the first quarter of 2020 to contain the spread COVID-19 pandemic the country witnessed complete shutdown of business and social activities. The Company's plants across locations were shut during the lockdown. The plants resumed the operations post-lockdown following the government protocols.