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Maharashtra Scooters Ltd.

BSE: 500266 Sector: Financials
NSE: MAHSCOOTER ISIN Code: INE288A01013
BSE 00:00 | 12 May 3460.30 -29.15
(-0.84%)
OPEN

3493.70

HIGH

3494.45

LOW

3452.60

NSE 00:00 | 12 May 3456.15 -30.60
(-0.88%)
OPEN

3480.00

HIGH

3501.60

LOW

3451.10

OPEN 3493.70
PREVIOUS CLOSE 3489.45
VOLUME 234
52-Week high 4043.40
52-Week low 1815.00
P/E 448.81
Mkt Cap.(Rs cr) 3,955
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 3493.70
CLOSE 3489.45
VOLUME 234
52-Week high 4043.40
52-Week low 1815.00
P/E 448.81
Mkt Cap.(Rs cr) 3,955
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Maharashtra Scooters Ltd. (MAHSCOOTER) - Company History

The makers of Priya scooters Maharashtra Scooters was jointly promoted by Western Maharashtra Development Corporation and Bajaj Auto. The company was incorporated at Pune in June 11 1975 and it came out with its first public issue in Nov.'77.The company at the time of inception entered into a technical know-how agreement with Bajaj Auto the tenure of which was specified as 10 years from the date of commencement of commercial production or till the company achieved a total production of 3 lac scooterswhichever is later.Commercial production at its Satara plant commenced in Aug.'76. Under the scheme of re-endorsement of industrial capacity with reference to minimum economic scales of operation announced by the government the company expanded the installed capacity of motorized two-wheelers (350 cc engine capacity) during 1985-86. Further expansions have increased the installed capacity to 1.5 lac numbers in 1996-97. During 1998-99 the company installed a Pre-treatment-cum-Cathodic Electro Deposition Plant; the plant is eco-friendly plant is expected to give boost to the product quality. In 1999-2000 the company was awarded ISO 9002 and ISO 14001 from Bureau Veritas Quality International (BVQI).In the year 2004-05 the company was awarded re-certification of QMS as per ISO 9001/2000.

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