Shakti Pumps gets letter of empanelment to supply 25000 SPWPS pumps in Maharashtra

Shakti Pumps (India) Ltd. | Compressors / Pumps | Capital Goods & Industrial Consumables | BSE: 531431 | NSE: SHAKTIPUMP

11 Dec 2024 Evaluate

Shakti Pumps (India) has received a letter of empanelment from Maharashtra State Electricity Distribution Company for 25000 Stand-alone Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Scheme. The total value of the 25000 pumps is around Rs 754.30 crore (inclusive of GST) which is to be executed within 60 days from the issuance of NTP/work order.

Shakti Pumps (India) is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications.

Peers

Company Name	CMP
Kirloskar Brothers	1785.00
Elgi Equipments	618.50
Shakti Pumps (India)	493.65
KSB	802.95
WPIL	435.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.