Ameya Precision Engineers Share Price Live

Ameya Precision Engineers Limited was incorporated as Private Limited Company under the name 'Ameya Precision Engineers Private Limited' on December 06, 2012. Subsequently, Company converted into Public Limited Company on January 19, 2022 and consequent upon conversion, to Public Company, name of the Company was changed to Ameya Precision Engineers Limited on January 25, 2022. The Company is promoted by Bipin Shirish Pande and Nikhil Shirish Pande. Presently, it is engaged in Manufacture Pump and Valve Components and Other Engineering Components used in Valve Industry etc. It has a manufacturing facility situated at Village Kasurdi (KB), in Pune. The Company manufacture shafts/stems such as Gate Valves, Butterfly valves, Pumps, Flanges such as Valve Bonnets, Seats/ Discs, Plugs, and Hard Facing and Corrosion Resistant Overlays such as Stellite /Colmonoy, Valve Seats /Discs / Plugs and Pump Wear Rings. Its customers are valve and pump manufacturers. Over 95% of revenue comes from export. It exports products to United States of America, United Kingdom, Germany, Singapore, Slovenija, Austria, and Brazil. It offer specialized processes like hard-facing and overlay of wear and corrosion-resistant alloys in line with ASME procedures. It also offer an end-to-end solution from procurement of raw material to final despatch of hard-facing and overlay components. Their Manufacturing facility is well equipped with facilities including machinery, other handling equipment's to facilitate smooth manufacturing process and easy logistics. In 2012, Company acquired business of M/s. Ameya Engineering via Slump Sale Agreement dated April 01, 2013. The seller, M/s. Ameya Engineers, has been carrying on business of manufacturing of engineering, valve components and shafts and thereby exporting the same. Whereas, Company has purchased the entire running business as going concern, it was essentially a partnership with the same ownership being converted to a Private Limited Company.