MoneyWorks4Me

Man Industries bags orders worth Rs 525 crore

28 Aug 2013 Evaluate

Man Industries (India), one of the leading pipe manufacturing company has received new orders worth approximately Rs. 525 crore from Domestic and Middle East customers for supply of large diameter pipes for Oil and Gas sector. With these new orders the Company's outstanding order book stands at approximately Rs 1025 crores. The orders are to be executed over a period of next 6 to 9 months.

In addition to the above confirmed orders the Company has outstanding bids over Rs 5000 crore at various stages of evaluation for several other Oil, Gas and Water projects in India and abroad.

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