SHAKTI PUMPS (INDIA) LTD. – OVERVIEW

Shakti Pumps (India) Ltd. is an Indian manufacturer of stainless steel pumps, headquartered in Pithampur, Madhya Pradesh, India. Established in 1982, Shakti Pumps manufactures and exports various types of stainless steel submersible water pumps and electric motors to USA, Poland, Algeria, Africa, Asia Pacific, Europe and Latin America.

The company manufactures approximately 1,500 pump variants for irrigation, groundwater supply, pressure boosting, industrial applications – as well as for fire-fighting, domestic and hospitality sectors.

 The company's major products offerings include:

-        Solar Pumps

-        Submersible Pumps

-        Submersible Motors

-        Vertical Multistage Centrifugal Pumps

-        Single Shaft Vertical Multistate Pumps

-         Pressure Booster Pumps

-         Immersible Pumps

-         Hydropneumatics Booster Systems

-         Openwell Pumps

-         Self-Priming Pumps

-         Rapid Suction Pumps

-         Shallow Well Pumps

-         Slow Speed Pumps

-         Digital Starters

-         Diesel Pump Sets

-         Valves

-         Drips

Company Highlights

As on 31 March 2016, Shakti Pumps:

  •  Owned 3 subsidiaries:

1.       Shakti Pumps LLC, USA

2.       Shakti Pumps FZE, UAE

3.       Shakti Pumps PTY LTD Australia

  • Had 2 manufacturing units in Madhya Pradesh:

o   Pithampur domestic tariff area (DTA)

o   Pithampur Special Economic Zone (SEZ)  

  • Exported products worth ?112 crores, accounting for 41% of revenues (FY 2015-16)
  • Sold products worth ?158 crores domestically, accounting for 59% of revenues (FY 2015-16) 

Shakti Pumps is listed on the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE), among others.

 

i. Shakti Pumps at-a-glance*

 

·         Annual Turnover:                        ~USD 41 million
                                                        (~? 272.22 crores)

·         Installed Capacity                         500,000
(pumps per annum)

·         Pumps Variants                            1,500+

·         Pan-India Service Centres          503

·         Market Composition                  

o    India                               59%

o    Other Countries           41%

Certifications, etc.             

·         ISO 9001-2008

·         ISO 14001:2004

·         BS OHSAS 18001:2007

·         Others

o    Bureau of Energy Efficiency (BEE)

o    UL, CE, ISO, BIS, ISI, etc.

 

*Source:

www.shaktipumps.com/

Shakti Pumps (India) Ltd. Annual Report (2015-16)

 

ii. History

Shakti Pumps (India) Ltd. was established in 1982 as a partnership firm under the name Shakti Electrical Industries by Mr. Manoharlal Patidar, Mr. Chandrasekhar Patidar and members of the Chaudhary family, headed by Mr. Ramchandra Chaudhary. 

 

It was initially set up as a Small-Scale Unit, with an installed capacity of 1500 pumps per annum per shift to manufacture submersible pumps.

 

In 1986, Mr. Dinesh Patidar (the company’s current chairman) joined as partner and the Chaudhary family retired from the partnership.  In April 1990, Mr. Sunil Patidar joined as partner and Mr. Chandrasekhar Patidar retired from the partnership. After further reconstitution in 1990 and 1994, the partnership firm was converted into a public limited company in 1995. 

 

Today, the company manufactures more than 1,500 pump variants that are used in irrigation, groundwater supply, pressure boosting, industries – as well as fire-fighting, domestic and hospitality sectors.

 iii. Milestones

 The company has not shared this information

 

BOARD OF DIRECTORS

 

·         Chairman & Managing Director                                  Mr. Dinesh Patidar

·         Whole Time Director                                                 Mr. Sunil Patidar

·         Whole Time Director                                                 Mr. Ramesh Patidar

·         Independent Director                                                Mr. Rajkumar Jain            

·         Independent Director                                                Mr. SS Raghuwanshi         

·         Independent Director                                                Mr. Navin S Patwa

·         Independent Director                                                Mr. Balmukund Sharma

·         Nominee Director                                                      Mr. Sridhar Narayan 

·         Woman Independent Director                                    Mrs. Nishtha Neema                      

 CONTACTS

HEAD OFFICE

Shakti Pumps (India) Ltd.Plot No. 401, Sector-3Pithampur-454774, Dhar

Madhya Pradesh

India

 

Website:              https://www.shaktipumps.com/

 

Tel:  +91-7292-410500

Toll Free (India): 1800-103-5555

Fax:  +91-7292-410645

        +91-7292-407044

        +91-7292-400371

Email:  cs@shaktipumpsindia.com

UAE OFFICE

Shakti Pumps (FZE)Q4–267, PO Box 8521Sharjah Airport International Free Zone

Sharjah – UAE

 

Tel:   +971 5088 31589

        +971 65578028

Fax:  +971 65578297

 

USA OFFICE

Shakti Pumps USA LLC740, Florida Central ParkwaySuite # 1008, Longwood

FL 32750, USA

 

Tel:  +1 - 407-574-4001 (HELP DESK)

       +1 - 407-574-2797 (WAREHOUSE)

AUSTRALIA OFFICE

Shakti Pumps Pty Ltd.Level 3, 49 York StreetSydney, NSW 2000

Australia

 

Tel:  +61 290370141

       +61 290370136

 

 

 

 

Send Query