Incorporated in 1987 at Rajpura, Mukat Pipes Ltd was promoted by B S Ahuwalia and his two sons to manufacture Submerged Arc Welded(SAW) pipes. Initially, the company had facilities in Patiala to manufacture 5000 tpa of large diameter (ranging from 16 inches to 60 inches) SAW pipes upto 6 mtr in length and upto 20 mm thickness. The Company supply pipes to mini hydro power projects installed in Himachal Pradesh and Jammu & Kashmir.
Mukat Pipes entered the capital market by making a public issue in Jan.'93, to part-finance a Rs 16.9-cr expansion scheme to increase the installed capacity of SAW pipes from 5000 tpa to 20,000 tpa, to enable the company to produce pipes of greater diameters (upto 130 inches).
Even though Mukat's capacity (20,600 tpa) was small compared to that of SAW Pipes ... (2,50,000 tpa), the Company had capacity of producing pipes of diameters ranging from 16 inches to 130 inches, whereas SAW Pipes was limited to pipes of diameters only upto 40 inches.
The products were used in rigorous applications such as transportation of oil, gas, chemicals, slurry, water and sewage as well as transportation of solids using air or liquid propellants. They were also used for erection of oil rig platforms. One of its units at Baramati completed the expansion project in 2002-03 and the production commenced during the same year.
The Company's truncated project for manufacturing Large Diameter Pipes became operational and was commissioned on March 15, 2004. Again, the Baramati Unit in Maharashtra was sold during 2011-12 under the directions of the Board for Industrial and Financial Reconstruction (BIFR) as one of the measures of rehabilitation of the Company.
Yes, you can invest in Mukat Pipes Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Mukat Pipes Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Mukat Pipes Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Mukat Pipes Ltd pay dividends? ›
Mukat Pipes Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Mukat Pipes Ltd ? ›
As of
04-12-2025 the share price for Mukat Pipes Ltd. is 13.34 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Mukat Pipes Ltd ? ›
The 52-week high and low of Mukat Pipes Ltd share price is ₹ 11.8 - ₹ 22 as of
04-12-2025 .
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