About INDO ALUSYS INDUSTRIES LIMITED UNLISTED SHARE
INDO ALUSYS INDUSTRIES LIMITED (formerly known as Mahavir Aluminium Limited)is one of the topmost manufacturers of Aluminium Extruded Products that are known for their high strength-to-weight ratio, durability and excellent electrical and thermal conductivity. Apart from aluminium extrusion products, the company is engaged in the business of manufacturing and supply of signalling, quad and power cables for supply to the Railways/State Electricity Board. The manufacturing facilities of Indo Alusys Industries Limited are located in the highly developed Industrial Area of Bhiwadi, in the Alwar District of Rajasthan, which is about 50 km from the International Airport, New Delhi. Indo AlusysIndustries Limited has a specialized Architectural Products Division, which is engaged in creating innovatively designed Architectural Door Hardware, Aluminium Doors, Partitions, Windows, Structural Glazing, and Curtain WallSystems. These products are developed using highly advanced CAD technology. In addition to manufacturing & fabrication of finished products, the company also take care of follow-up facilities like installation, maintenance and refurbishment. The new generation aluminium Architectural Systems save wood and thus protect the environment, with the changing focus of customers from traditional wooden material to light metals like Aluminium. The Company is marketing its Product Aluminium Extrusion under the Brand Name MAL.
INCORPORATION DETAILS
|
CIN |
U74999DL1979PLC009937 |
|
Registration Date |
17th October 1979 |
|
Category/Sub-category of the Company |
Limited by Shares |
|
Address of the Registered office and contact details |
B-292, Office No.303, 3 Floor, Chandra Kanta Complex, New Ashok Nagar, Delhi-110096 |
|
Name, Address and Contact Details of Registrar and Transfer Agent, if any |
M/S. Alankit Assignments Ltd. Alankit Heights, 3E/7, Jhandewalan Extension, New Delhi-110055 Tel. No. : +91-11-4254 1234 |
PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
|
Name and Description of main products/services |
NIC Code of the product/service |
% to the total turnover of the Company |
|
Aluminium Extruded products/Alloy Ingots |
24202 |
71.76% |
|
Insulated wires/Cables/Conductors |
27320 |
28.24% |
BOARD OF DIRECTORS
Mr. Pradeep Kumar Jain (Managing Director)
Mr. K. L. Garg (Independent Professional Non-Executive Director)
Ms. Suman Lata Saraswat (Independent Professional Non-Executive Director)
Ms. Sanchiyta Narula (Independent Non-Executive Women Director)
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
INDO ALUSYS INDUSTRIES LIMITED does not have any subsidiary or associate company.
SHAREHOLDING PATTERN (As of 31-03-2020)
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1 |
Sh. Pradeep Jain (Promoter) |
27,91,301 |
32.80% |
|
2 |
Sh. Pradeep Jain (HUF) (Promoter) |
11,89,100 |
13.98% |
|
3 |
Mr Ishaan Jain (Promoter) |
9,06,275 |
10.65% |
|
4 |
Other Promoters |
31,69,950 |
37.26% |
|
5 |
Public Shareholding |
4,51,240 |
5.31% |
|
|
Total |
85,07,866 |
100.00% |
INDUSTRY OUTLOOK
India ranks among the largest producer of aluminium in the world. Aluminium is the largest nonferrous industry in the world economy and is one of the significant industries in the Indian economy. The Indian Aluminium industry is likely to see growth in double digits over the next few years on account of consistently growing demand from the architectural, construction, building, and automobile sectors. The per capita consumption of aluminium in developed countries is around 20 to 47 Kg. But, in India, it is only 2.5 kg. Thus there is a wide scope for the industry to develop under the current scenario.
As Government is now considering the new incentives to be allowed, the usage ofaluminium will improve in the construction sector. The consumer durables andpackaging sectorsare also showing positive growth signs with the rise in consumer income. Primary aluminium exports from India surged almost 50% during the first quarter of FY 2021which helped domestic producers to tackle a sharp decline in domestic demand, in thewake of the COVID-19 pandemic in Q1FY 2021. However domestic demand returned with easing of restrictionsin Q2 and exportsmoderated. Exports grew by just 6.8% year on year in Q2 as compared to 50% growth in the June 2020 quarter. Share of export in total production also reached pre-covid level of 56% in the month of December 2020 after peaking to 78% in April 2020.
The future for aluminium and aluminium extrusion in India looks promising with the low percapita consumption in the country coupled with high and good quality reserves of Bauxite.Awareness of the utility of aluminium in various industrial sectors is growing and it providesa lower cost option as to use of various metals in different sectors.
