Jindal Saw Share Price Live

Jindal SAW Limited (JSL) (erstwhile SAW Pipes Ltd) is a part of the Jindal Group and one of the country's largest producers of Submerged Arc Welded (SAW) pipes, which is widely used in the energy sector for the transportation of oil and gas. The Company was incorporated in 31st October of the year 1984 at Mathura (U.P.) and obtained the Certificate of Commencement of Business in 28th November of the same year. JSL has diversified from a single product company to a multi-product company, manufacturing large diameter submerged arc pipes and spiral pipes and bends for the energy transportation sector; carbon, alloy and stainless steel seamless pipes and tubes manufactured by conical piercing process used for industrial applications; and Ductile iron (DI) pipes for water and sewage transportation. At JSL, the business operations are highly structured with four strategic business units: Large Diameter Pipes, Seamless Tubes, DI (Ductile Iron) Pipes and the US Operations. The state-of-the-art manufacturing facilities of the company are located at three places in India such as Kosi Kalan in UP, Nashik in Maharashtra and Mundra in Gujarat. JSL is reassured through the ISO 9001, ISO 14001 and ISO 18001 certifications. The technical collaboration agreement was made with USS Engineers and Consultants Inc (UEC), U.S.A., a subsidiary of United States Steel Corporation in the incorporated year itself for transfer of know how & technical assistance. During the year 1986, the Country's first Longitudinal SAW Pipes (U-O-E) Mill for Line Pipes commissioned at Kosi Kalan with API and ISO accreditation. Bevelling Unit Commissioned at Kosi Kalan in the year 1992 and also SAW Pipes, USA incorporated and commissioned. After a year, in 1993, the first major supply of NACE Pipes was executed for offshore line. Seamless Pipes and Tubes Division of the company were commissioned at Nashik in the year 1994 and in the same year the 3LPE/FBE Coating Plant also commissioned at Kosi Kalan. First Export order of the company was executed for Line Pipes in the year 1995 and in the identical year the necessary approval of High Court of Delhi was received to amalgamate Swastik Foils Ltd with the company. During the year 1996, JSL commissioned its CTE Mobile Coating Plant at Kosi Kalan. After a year, in 1997, the Hot Induction Bends Unit of the company was established at Kosi Kalan and also start up of 4 meter wide Plate Mill at Baytown, USA and also had sets up a joint venture company to market its products in the US. During the year 1999, Port-based 100% Export Oriented LSAW & HSAW Line Pipe Plants of the company was commissioned at Mundra with API and ISO accreditation and also in the same year an Internal Coating Plant commissioned at Kosi Kalan. The 3 LPE/FBE Coating Plant commissioned at Mundra in the year 2000 and another one Internal Coating Plant of the company was commissioned at Mundra. In 2002, JSL re-commissioned its concrete Weight Coating Plant at Mundra and the Bevelling Unit was commissioned at Mundra. An additional Plant for 3LPE/FBE was commissioned in the year 2003 at Mundra. In the year 2004, the third LSAW manufacturing facility was specially made at Samaghogha near Port Mundra with accreditation from API and ISO. Also in the same year 2004, JSL entered into a Joint Venture Agreement with Imphy Ugine Precision, France, one of the divisions of Arcelor Group for manufacturing of High Precision Metal Equipments to be used in Electronic Industries and other applications and had set up the JV company under the name of IUP Jindal Hexa Metals Ltd. The Company has transferred its Swastik Foils Division into the joint venture company and it is holding 73% in the joint venture company. During the year 2005, the company had start up an Integrated Pipe Unit Ductile Iron Pipe manufacturing plant of 200,000 MT per annum capacity along with Blast Furnace of 250,000 MT per annum capacity and a Coke Oven Plant. In the year 2004-05, the company had created four separate strategic business units (SBU) to improve and maximize the operational efficiency. The name of the company was changed from Saw Pipes Limited to Jindal Saw Ltd (JSL) with effect from 11th January of the year 2005. During the year 2005-06, the new capacitors were installed on each welding station to improve the power factor resulting into less consumption of electricity. During the year 2006-07, the company successfully completed/commissioned its Sinter Plant, de-bottlenecking of the DI pipe facility for increase in pipe production. Slag Granulation plant also put into trial use. Jindal Saw forayed into urban infrastructure projects in February of the year 2008, JSL sees the urban infrastructure projects contributing a greater share of company's revenue in the next five years as the country increases spending on infrastructure projects to sustain high level of economic growth. The company secured a contract from NDWPCL - a joint venture between the Delhi Government and IL&FS - to develop a 16 MW waste based power plant. As of March 2008, JSL signed on Grey Worldwide as its creative partner. The Company recently secured the Cairn Energy contract for supply of pipes covering 600 kilometers, worth $200 million. JSL will expand the capacity of its plant to 2,20,000 tonnes a year, with an investment of Rs. 350 crore. 'The Company will expand its seamless tube making plant in Malegaon, Maharashtra for which it signed a memorandum of understanding with the state government'.