Pradeep Metals Limited (PML), incorporated in January, 1982 was promoted by V P Goyal to manufacture closed-die steel forgings. The Company uses state-of-the-art machinery with sophisticated tool-room equipment to manufacture its forgings and machined parts. The Company has manufacturing facility in Navi Mumbai. It employs hi-tech design and analysis software to create dies and tooling that play a key role in production of forgings. Manufacturing plant is fully integrated with complete facilities for inspection, testing, cutting, dies and tool making, forging, heat-treatment, finishing, machining, cleaning, surface treatment and assembly.
The Company started commercial production in Jul.'83 at Dombivli, Maharashtra. In 1989-90, it expanded the existing capacity to 2400 tonnes per annum (TPA) for forged components in the 500 gm to 8 kg weight range, used mainly in the automobile industry. It came out with a public issue in Jan.'94 to set up a 12,000-tpa unit for press forgings to produce precision parts in the 50 gm to 40 kg weight range, which find application in the defence, engineering, petrochemicals sectors.
The Company enhanced its machining capacity and capabilities by adding CNC Turning Centers, Vertical Machining Centers (VMC), Turn Mills / Mill Turns and other equipment to address the rising demand of finished machined components and sub-assemblies. In addition to in-house facilities, it made significant effort and developed dedicated vendors for machining, in ... order to supplement its machining capacity and capabilities. Thereafter, it expanded machine shop capacity by importing surplus machineries from its Step-down Subsidiary namely Dimensional Machine Works, LLC, Houston (USA) and upgraded them. Recently, the Company has embarked on a journey to improve its bottom line by employing TOC techniques in the process.
The Board of Directors of the Company at their Meeting held on 3 March, 2025, have approved the Scheme of Amalgamation of Nami Capital Private Limited with the Company.
The Board approved an investment of up to Rs. 250 Crores for setting up a Greenfield Manufacturing Facility at Butibori, Nagpur in 2026.
FAQs on Pradeep Metals Ltd
1. Can I buy Pradeep Metals Ltd from PL Capital? ›
Yes, you can invest in Pradeep Metals Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Pradeep Metals 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 Pradeep Metals Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Pradeep Metals Ltd pay dividends? ›
Yes, Pradeep Metals Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Pradeep Metals Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Pradeep Metals Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Pradeep Metals Ltd. is ₹ 515.2 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Pradeep Metals Ltd ? ›
The 52-week high and low of Pradeep Metals Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
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