Bedmutha Industries
NSE
₹ 0.00
0.00 (0.00)%
Small-cap
With a market cap of ₹18.90L Cr.
No Subsidiaries Data available
Bedmutha Industries was incorporated in the year August 23, 1990. Earlier, the name of the company was Bedmutha Wire Company that was later changed to its present name and a fresh Certificate of Incorporation was obtained from Registrar of Companies, Maharashtra on November 18, 2009. Kachardas R. Bedmutha is the founder of the company.
The company started its commercial production in the year 1992 by setting up its first galvanized wire plant at Nashik with an installed capacity of 3600 MTPA. Over the years, the company enhanced its capacity from 3600 MTPA to 25300 MTPA by setting up three more galvanizing lines at the existing location. The company operates in four manufacturing units in and around Nashik, which are strategically located in proximity to the source of raw materials and markets.
Range of products:
The company offers a wide range of wire and wire products that are approved by the Bureau of Indian Standards, Power Grid Corporation and state electricity boards. Two of the plants -- galvanized wires and manufacturing binding wire, PC wire and spring steel wire -- are certified under ISO 9001 from Bureau Veritas Certification (India) Private Limited.
Following are its products:
Galvanized wires, cable armour wires, ACSR wires , wire nails, earth wires, stay wires, spring steel wires, barbed wires, etc. The products are used in various areas such as roads, bridges, flyovers, power, automobile, engineering, agriculture, railways and defence.
Subsidiaries:
Kamalasha Infrastructure & Engineering Private Limited (KIEPL) is the subsidiary company, which is been promoted for implementation of turnkey contracts for infrastructure namely in power, roads, railways, etc. KIEPL has been awarded a sub-contract of Rs 60 crore in the Dharangaon Division by Maharashtra State Electricity Distribution Company Limited (MSEDCL). This subsidiary offers a direct synergy in terms of consuming GI wire, stay wire from its wire unit and also offers an indirect synergy by consuming PSC poles, cables, conductors which consumes wire produced by the company.
The company has also invested 49% in Ashoka Pre-con Private Limited (APPL) in the year 2008 along with Ashoka Buildcon Limited, to manufacture pre stress concrete products such as cement poles, RCC pipes, cement, piles, railway sleepers, etc. APPL has commenced commercial production and has begun supplying electrical cement poles for the infra projects launched by MSEDCL. This investment offers a direct synergy in terms ofconsuming GI Wire, MS Wire and PC Wire from its wire unit.
Milestone Achieved:
Future Plans:
The company is also pursuing initiatives for setting up galvanizing plant with latest technology with capacity of 48000 TPA and manufacturing of aluminum rods and conductors with capacity of about 42000 TPA.