|₹252 / ₹133|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Promoted by N G Patel and Associates Patel, Airtemp (India) was incorporated in Aug. '92 with the objective of taking over two of the eight existing units of the group in order to create a harmony in the group's product range and to avoid competition among the group companies. The two existing profit-making companies -- Patel Airtemp Pvt Ltd and Gujarat Patcon Pvt Ltd -- have been merged with Patel Airtemp (India) pursuant to the order of the Gujarat High Court dated 1 May '93. These two companies had their independent manufacturing facilities at GIDC Vatva, near Ahmedabad, which are now designated as Unit I and II of the company. The company has set up another plant at Kalol in Mehasana district, Gujarat, for which it came out with a public issue in Mar. '94, aggregating Rs 3. 5 cr. The company manufactures a wide range of engineering equipment such as heat exchangers, pressure vessels, industrial fans and blowers as well as air-conditioning and refrigeration equipment.