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Venus Pipes & Tubes

Venus Pipes & Tubes

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About

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

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Overview

The company was incorporated in 2015, as Venus Pipes & Tubes Private Limited, a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation issued by the Registrar of Companies, Gujarat, India (RoC) on February 17, 2015. Thereafter, the company was converted into a public limited company, and the name of the company was changed to Venus Pipes & Tubes Limited pursuant to a revised certificate of incorporation issued by RoC on September 16, 2021, recording the change of the Company’s name to ‘Venus Pipes & Tubes Limited’.

Venus Pipes & Tubes is one of the growing stainless steel pipes and tubes manufacturer and exporter in India having over six years of experience in manufacturing of stainless steel tubular products in two broad categories: (i) seamless tubes/pipes; and (ii) welded tubes/pipes, under which it is currently manufacturing five product lines, namely, (i) stainless steel high precision & heat exchanger tubes; (ii) stainless steel hydraulic & instrumentation tubes; (iii) stainless steel seamless pipes; (iv) stainless steel welded pipes; and (v) stainless steel box pipes (Products). Under its brand name ‘Venus’, it supply its Products for applications in diverse sectors including (i) chemicals, (ii) engineering; (iii) fertilizers; (iv) pharmaceuticals, (v) power, (vi) food processing;(vii) paper; and (viii) oil and gas.

The company has one manufacturing plant which is strategically located at Bhuj-Bhachau highway, Dhaneti (Kutch, Gujarat) (Manufacturing Facility) in close proximity, around 55 kilometers and 75 from the ports of Kandla and Mundra, respectively, that helps it in reducing its logistic costs on procurement of raw materials and imports and export of its Products. Its Manufacturing Facility has separate seamless and welded divisions with latest product-specific equipment and machineries including tube mills, pilger mills, draw benches, swaging machines, pipe straightening machines, TIG/MIG welding systems, plasma welding systems, etc.

Business area of the company

Venus Pipes & Tubes is a manufacturer and exporter of stainless steel pipes and tubes. The company is manufacturing stainless steel tube products in two broad categories - seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel box pipes.

Awards, accreditations and recognition

  • 2016: The company’s manufacturing facilities at Dhaneti have been accredited with management system standards certificate for compliance with ISO 9001: 2015, ISO 14001:2015 requirements.
  • 2017: The company has been verified and recognized as material manufacturer according to AD 2000 - Merkblatt W0 by The TUV NORD Systems GmbH & Co. KG.
  • 2017: The company has been certified as quality-assurance system related to the material by The TUV NORD Systems GmbH & Co. KG.
  • 2018: The company has received approval for manufacturing of Carbon Steel, Alloy Steel, Stainless Steel Welded & Seamless Pipes up to 400 mm NB / Tubes up to 101.60 mm O.D. & U-Tubes under inspection of Indian Boiler Regulations – 1950 from the Office of the Director of Boiler, Gujarat.
  • 2018: The company’s manufacturing facilities at Dhaneti have been accredited with management system standards certificate for compliance with ISO 45001: 2018.

Major events and milestones

  • 2015: Incorporation of the Company.
  • 2015: Established manufacturing plant at Dhaneti, Bhuj-Bhachau highway, close to Mundar and Kandla Ports.
  • 2015: Commenced the production of stainless steel welded pipes, stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes and stainless steel box pipes at its manufacturing plant located at Dhaneti, Kutch, Gujarat.
  • 2017: Addition of stainless steel seamless pipes to production line.
  • 2017: Started exporting stainless steel welded and stainless steel seamless pipes to countries in the European Union, Brazil, UK, Israel etc.
  • 2017: Registered company’s trademark under Class 6 of Trademarks Act in respect of “manufacturer of stainless steel and carbon steel pipes and fittings” which is valid till 2027.
  • 2021: Conversion from a private limited company to public limited company.
Brands Of Venus Pipes & Tubes

Brands Of Venus Pipes & Tubes

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