Krupalu Metals Ltd Company Summary

Krupalu Metals Ltd Summary

Krupalu Metals Limited was originally incorporated in March, 2009 as a Private Company under the name of M/s. Krupalu EngineeringServices Private Limited founded by Mr. Jagdish Parsottambhai Katariya. In September 2011, the Company changed the name to M/s. Krupalu Metals Private Limited. Further, in June 2024, the status has got converted into Public Limited Company under the name of M/s. Krupalu Metals Limited vide fresh Certificate of Incorporation issued by the Central Processing Centre. Initially the Company was operating on a small scale and carrying on the business of Fabrication, Erection, Commissioning of Industrial Structures and Machineries as well as Civil Engineering Work for various industries according to their designs and specifications in year 2009. The Company presently engages in manufacturing of metal products, including brass sheets, copper sheets and strips, metal components and byproducts like slag and ash. These metal components include cutting components, inserts, pipe fittings, profiles, terminals, electrical components, bus bars, and many other customized products. In addition to its manufacturing capabilities, the Company trades raw materials, ensuring that it has access to a diverse range of metal products across different industries. It also works a factory in Jamnagar. Gujarat. Due to increasing demand from its customers, Company plans to broaden its product range by making a substantial investment in plant and machinery. This investment will allow to produce additional dimensions of brass and copper sheets at its existing manufacturing facility, thereby enhancing the production capacity for various metal components, including cutting components, inserts, pipe fittings, profiles, terminals, electrical components, bus bars, and a variety of other customized products.Company is planning to raise funds by way of IPO issuing 18,72,000 equity shares of Rs 10 each aggregating to Rs 13.47 Cr.