Associated Pigments Share Price

About APL Metals Limited Unlisted Shares

APL Metals Limited was first established as Associated Pigments Limited in 1948. The company is engaged in the production of lead and lead products. APL Metals Limited has 3 manufacturing facilities located at Medinipur (West Bengal), Kolkata (West Bengal), and Fatehpur (Uttar Pradesh). The company deals in base metals and inorganic chemicals used in the manufacturing of Lead Acid Storage Batteries and other industrial products.

APL Metals Limited is specialized in the production and supply of Lead alloys, Refined Lead, and Lead Oxides such as Litharge, Red Lead, and Lead Sub Oxide. The company also offers its customers the option for customization.

Apart from manufacturing the lead related products, the company also specializes in providing technical knowledge for the making of lead and lead oxides.

APL Metals Limited serves the big names of India including Exide Industries Limited, Luminous Power Technologies, Okaya Batteries, HBL Power Systems Limited, and Ned Energy Limited.

The Equity shares of APL Metals Limited are listed on Calcutta Stock Exchange.

 APL Metals Share Price, Share Details as of March 31, 2024

INCORPORATION DETAILS

PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

BOARD OF DIRECTORS

Mr. Ravi Nandan Sahaya (Chairman, Non-Executive Director)

Mr. Sanjiv Nandan Sahaya (Managing Director and Chief Executive Officer)

Mr. Om Prakash Saxena (Independent Director)

Mr. Rajendra Sahay (Independent Director)

Mrs. Roli Verma (Independent Woman Director)

Mr. Prakash Kumar Damani (Non-Executive Director)

Mr. Rahul Damani (Non-Executive Director)

Mr. Bijan Roy (Independent Director)

Mr. Kumud Kumar Dubey (Independent Director)

Mr. Sanjay Sarda (Non-Executive Director)

PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES

APL METALS LIMITED does not have any subsidiary or associate companies.

SHAREHOLDING PATTERN (As of 31-03-2024)

INDUSTRY OUTLOOK

The outbreak of Covid-19 pandemic has maneuvered a striking change in work culture

globally with more and more business establishments encouraging work from home,

adoption of new digital technologies across all sectorial transactions, evolution of e-learning,

e-conferencing etc. in order to practice social distancing and thereby ensure safety and

healthcare of all.

FAQs on APL Metals Ltd

Q: What is the face value of APL Metals Ltd shares?
Answer: The face value of APL Metals Ltd is ₹10 per equity share.

Q: How can I buy APL Metals unlisted shares through WWIPL?

Answer: Investors complete KYC, confirm trade details with WWIPL, transfer funds, and receive shares directly in their Demat account after settlement.

Q: Why should I buy APL Metals shares through WWIPL?
Answer: WWIPL provides access to unlisted shares with assisted execution, transparent pricing, secure settlement, and Demat transfer support.

Q: Is investing in APL Metals Ltd a good idea?
Answer: APL Metals operates in the lead recycling and secondary metal manufacturing segment, which is cyclical and sensitive to global metal prices. The business shows high working-capital intensity and leverage risk, making it a cyclical industrial

exposure rather than a stable compounding story.

Q: Why do investors buy APL Metals shares before a potential listing?
Answer: Investors typically look for valuation re-rating linked to metal cycle upturns, export demand, and operating leverage benefits if margins expand.

Q: What business does APL Metals Ltd operate in?
Answer: The company is engaged in lead recycling and secondary lead manufacturing, producing refined lead, lead alloys, and related industrial metals used mainly in battery manufacturing and industrial applications.

Q: What makes APL Metals different from other unlisted companies?
Answer: It is a metal recycling and alloy manufacturing company with exposure to global lead price cycles, where profitability is highly dependent on raw material spreads and commodity volatility.

Q: What are the key growth drivers for APL Metals Ltd?
Answer: Growth depends on battery demand (especially lead-acid batteries), export demand, metal price spreads, capacity utilization, and efficient working capital management.

Q: What factors affect the valuation of APL Metals shares?
Answer: Valuation is driven by lead price cycles, margins on metal spreads, leverage, inventory efficiency, global demand conditions, and liquidity in the unlisted market.

Q: Are APL Metals shares available in Demat form?
Answer: Yes. Shares are held in dematerialized form (NSDL/CDSL) and can be transferred between Demat accounts.

Q: Can I sell my APL Metals shares through WWIPL?
Answer: Yes, but liquidity is limited and depends on buyer availability in the unlisted market.

Q: What documents are required to buy APL Metals shares through WWIPL?
Answer: PAN, Aadhaar, Client Master Report (CMR), and bank details are typically required.

Q: What are the risks of investing in APL Metals shares?
Answer: Key risks include commodity price volatility, margin compression, high working capital requirements, leverage risk, and low liquidity in unlisted markets.

Q: How long does it take for APL Metals shares to be credited to a Demat account?
Answer: Credit typically occurs after trade settlement and counterparty confirmation, depending on liquidity.

Q: What should investors evaluate before investing in APL Metals Ltd?
Answer: Investors should assess metal price cycles, debt levels, working capital efficiency, margin stability, and export demand trends.

Q: Can APL Metals benefit from rising battery demand and metal cycle upturn?
Answer: Yes, but upside is highly cyclical and dependent on sustained spreads between input costs and refined lead prices, rather than structural growth alone.