Sree Maruthi Marine Industries Limited Unlisted Shares - Company Overview
The company, a joint venture with the Tamilnadu Industrial Development Corporation Ltd.(TIDCO), is the first of its kind to undertake integrated salt works i.e. production of Salt (plus other by-products), and shrimp culture. Both these processes happen simultaneously. Only China and Vietnam have similar facilities.
The salt unit serves as a good backward integration conduit and uninterrupted supply of salt for the chIor-alkali plant of the conglomerate.
Bitterns, a by product is routed for value added production of Liquid Bromine, which has demand from Pharmaceutical and specialty chemical industries. Research is on to recover more useful by-products from bitterns.
Aquaculture is another area of operations where Sree Maruthi Marine Industries Ltd. has recorded a consistently exceptional growth rate. The shrimp harvesting/turnover is very shortly expected to touch the 300 TPA mark, what with exports to Japan and USA giving the activity a fillip.
Sree Maruthi Marine Industries Limited Share Price, Share Details as of March 31, 2023
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Sree Maruthi Marine Industries Limited Outstanding Shares: |
780309 |
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Face Value of Sree Maruthi Marine Industries Share: |
Rs. 10 Per Equity Share |
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ISIN of Sree Maruthi Marine Industries Limited Share: |
INE150W01019 |
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Lot Size of Sree Maruthi Marine Industries Share: |
100 |
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Sree Maruthi Marine Industries Share Price: |
Best In Industry |
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PAN Number of Sree Maruthi Marine Industries : |
AABCS0608L |
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GST Number of Sree Maruthi Marine Industries : |
33AABCS0608L1ZL |
Sree Maruthi Marine Industries Limited Incorporation Details
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Sree Maruthi Marine Industries Limited CIN Number |
L24290TN1973PLC006441 |
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Sree Maruthi Marine Industries Limited Registration Date |
26-Sep-73 |
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Category / Sub-Category of Sree Maruthi Marine Industries Limited |
Public Companies having a share capital |
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Sree Maruthi Marine Industries Limited Registered Office Address |
1/220, KAMARAJ STREET KELAMBAKKAM Kancheepuram TN 603103 IN. |
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Sree Maruthi Marine Industries Limited Registrar & Transfer Agent Address & Contact Details |
NA |
Sree Maruthi Marine Industries Limited Board of Directors
Director | Post |
Mr. R.KARTHIKEYAN | CHAIRMAN OF THE BOARD,NOMINEE DIRECTOR |
Mr. K.VIVEKANANDAN | NOMINEE DIRECTOR |
Mr. K.GURUMOORTHY | EXECUTIVE DIRECTOR |
Mr. P.S.MOHAN | DIRECTOR |
MS. SHUBHAM SHARMA | WOMAN INDEPENDENT DIRECTOR |
MR. V. RAMESH BABU | INDEPENDENT DIRECTOR |
FAQs on Sree Maruthi Marine Industries Ltd
Q: What is the face value of Sree Maruthi Marine Industries Ltd shares?
Answer: The face value of Sree Maruthi Marine Industries Ltd is ₹10 per equity share.
Q: What is the minimum lot size for buying Sree Maruthi Marine Industries shares through WWIPL?
Answer: The minimum lot size for Sree Maruthi Marine Industries shares is 100 equity shares.
Q: How can I buy Sree Maruthi Marine Industries shares through WWIPL?
Answer: Investors can complete the KYC process, confirm the transaction details with WWIPL, transfer funds, and receive shares directly in their Demat account.
Q: Why should I buy Sree Maruthi Marine Industries shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless Demat transfers, and dedicated support throughout the investment process.
Q: Is investing in Sree Maruthi Marine Industries Ltd a good idea?
Answer: Investors often evaluate Sree Maruthi Marine Industries based on its integrated salt production and aquaculture business, financial performance, operational capabilities, and long-term growth potential.
Q: Why do investors buy Sree Maruthi Marine Industries shares?
Answer: Investors seek exposure to the company's unique integrated business model combining salt production, value-added by-products, and shrimp culture operations while evaluating its long-term value creation potential.
Q: What business does Sree Maruthi Marine Industries Ltd operate in?
Answer: Sree Maruthi Marine Industries is engaged in integrated salt works and aquaculture activities, including production of salt, recovery of value-added by-products from bitterns, and shrimp cultivation for domestic and export markets.
Q: Who founded Sree Maruthi Marine Industries Ltd?
Answer: Sree Maruthi Marine Industries Ltd was incorporated on 26 September 1973 and operates as a public limited company.
Q: What makes Sree Maruthi Marine Industries different from other companies?
Answer: The company follows an integrated model where salt production and shrimp culture operate together, along with value-added production opportunities from salt by-products such as liquid bromine.
Q: What are the key growth drivers for Sree Maruthi Marine Industries Ltd?
Answer: Growth is supported by demand for seafood exports, aquaculture expansion, efficient salt production, value-added chemical by-products, and increasing global demand for marine products.
Q: What factors affect the valuation of Sree Maruthi Marine Industries shares?
Answer: Revenue growth, shrimp production volumes, export demand, salt prices, profitability, operational efficiency, financial performance, and market demand for the shares are important valuation drivers.
Q: Are Sree Maruthi Marine Industries shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account.
Q: Can I sell my Sree Maruthi Marine Industries shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted shares, subject to market demand and share availability.
Q: What documents are required to buy Sree Maruthi Marine Industries shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report (CMR), and bank account details to complete the transaction.
Q: What are the risks of investing in Sree Maruthi Marine Industries shares?
Answer: Investors should consider aquaculture risks, weather conditions, export market fluctuations, seafood demand, operational challenges, profitability, and liquidity constraints associated with unlisted shares.
Q: How does WWIPL help investors track Sree Maruthi Marine Industries investments?
Answer: WWIPL provides company updates, transaction assistance, market information, and investment insights to help investors stay informed.
Q: How long does it take for Sree Maruthi Marine Industries shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account after successful completion and verification of the transaction.
Q: What should investors evaluate before investing in Sree Maruthi Marine Industries Ltd?
Answer: Investors should assess the company's financial performance, aquaculture operations, export business, profitability, balance sheet strength, valuation, and long-term growth prospects.
Q: Can Sree Maruthi Marine Industries benefit from growth in aquaculture and marine exports?
Answer: Yes. Rising seafood consumption, increasing shrimp exports, demand for marine products, and efficient utilization of integrated salt and aquaculture operations may create long-term growth opportunities for the company.