You are here » Home » Companies » Company Overview » Manaksia Coated Metals & Industries Ltd

Manaksia Coated Metals & Industries Ltd.

BSE: 539046 Sector: Metals & Mining
NSE: MANAKCOAT ISIN Code: INE830Q01018
BSE 00:00 | 28 Nov 17.55 0.15
(0.86%)
OPEN

17.25

HIGH

17.65

LOW

17.25

NSE 00:00 | 28 Nov 17.50 0.10
(0.57%)
OPEN

17.85

HIGH

17.85

LOW

17.05

OPEN 17.25
PREVIOUS CLOSE 17.40
VOLUME 7628
52-Week high 62.30
52-Week low 16.65
P/E 18.47
Mkt Cap.(Rs cr) 115
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 17.25
CLOSE 17.40
VOLUME 7628
52-Week high 62.30
52-Week low 16.65
P/E 18.47
Mkt Cap.(Rs cr) 115
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Manaksia Coated Metals & Industries Ltd. (MANAKCOAT) - Company History

Manaksia Coated Metals & Industries Limited (MCMIL) was incorporated in March 25th 2010. The Company is a prominent manufacturer and exporter of coated metal products and FMCGs products. The Company manufactures Colour Coated Galvanised Steel and Plain Galvanised Steel in coil & sheet forms. All value added steel products are manufactured at the company's facility in Kutch Gujarat. Galvanised and Colour Coated Steel products of the company are the new age building materials widely used in various applications for construction automotive appliances and general engineering industries.The company is a part of the conglomerate Manaksia Group headquartered in Kolkata. Its sister concern Manaksia Aluminum Co. Ltd. operates a large aluminum sheet & coil manufacturing facility at Haldia in West Bengal producing flat aluminum products of various specialized grades. The company has been operating its steel plant in Kutch Gujarat since 2006 with a current production capacity of 120000 tonnes per annum (TPA). The manufacturing facility encompasses a Color Coating Line and a new state-of-the-art Galvanizing Line. Further the expansions consisting in setting up a new Cold Rolling Complex towards backward integration as well as a second appliance grade Color Coating Line focusing on capacity enhancement are already under progress. Upon completion the plants production capacity will have increased to 180000 TPA.The company's business model evolves around offering highly value-added steel products. Plant and Machinery required to manufacture such products are far more modern and technologically advanced. The manufacturing of these products requires great attention to ensure that the required characteristics by the customers are achieved. Various special input raw materials like paint and chemicals are regularly purchased from internationally renowned leading manufacturers and global experts like Nippon Paints Kansai Nerolac HENKEL and BASF etc. This high versatility in product characteristics makes it possible for the company to offer tailor made solutions as per each customer 's requirement.Apart from the metals operation in Kutch the company produces Mosquito Repellent Coils in Bhopal Guwahati and Hyderabad and has also started a contract manufacturing operation with Reckitt Benckiser to produce Ultramarine Blue Powder in Bhopal. With a focus on producing the best quality of products the company is accredited with the ISO 9001:2015 ISO 14001:2015 and OHSAS 18001:2007 certifications. Targeting the FMCGs sector and the general engineering home appliances and construction segments the company has gained the trust of customers all over India as well as in Europe Russia Africa and the Middle East.The company has a significant logistical advantage for reaching its customers with its wide range of products. The Kutch manufacturing facility is situated close to the Kandla and Mundra Port in Gujarat which is one of the major ports in the West Coast of India. Warehouses located in Cochin Bhopal and Hyderabad further strengthen the company's supply network across India.The Company has a vision to touch the lives of millions of people with the steel it produces. It ensures the packing of the product is done in compliance with the customer's requirement and international norms. The packaging is prioritized to prevent any damage during transport and remain durable. It is also done in a manner that facilitates easy handling of the material. Apart from physical packaging the company's product is marked with tags containing all the necessary information for easy identification including material specification size destination net weight gross weight and coil number. The Company strives for excellence across all the operations which allows to maintain quality at competitive prices.

.