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| Registered Office : 109 Kakad Udyog Bhavan L J Road Mahim Mumbai Maharashtra - 400016 Tel: 24376001 |
| Business Group: Not Applicable |
Industry Type: Paper & Paper Boards |
Key Officials:
Mr. K P Bharadwaj
Mr. Baldev Sharma
Mr. Pradeep Nagori
Mr. Karan Sharma
Mr. Mona Menon
Mr. Promila Sharma
Mr. Pratap Menon
Mr. Gurvinder Singh Saggu |
Director
Chairman / Chair Person
Director
Managing Director
Director
Director
Director
Director |
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| Public Issue Date:
03/01/1995 |
BSE CODE: 526751 |
NSE CODE: Not Available |
| Face Value: 10 |
Market Lot: 100 |
ISIN: INE915E01013 |
| Current PE:
6.034 |
Current Market Capital: 1.1866 |
| Promoters %: 46.003 |
| Promoters Shares: 1396100 |
| Institution Investment
%: 0 |
| Institution Investment Shares: 0 |
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Auditor:
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Banker:
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Registrar:
| Adroit Corporate Service (P) Ltd. |
No. 19 Jafferbhoy IndustrialEstate 1st FloorMakwana Road Marol NakaAndheri (East)Mumbai 400059 Maharashtra 28590942 28503748 |
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Company History: Gratex Industries limited was incorporated in the state ofMaharashtra on 23-2-1984 as a private limited company under thename of Gratex Decorative Industries Pvt Ltd. The company wasconverted into a public limited company by passing a specialresolution on 7.10.92 and obtained certificate of change of nameon 5th November 1992. The name was changed from GratexDecorative Industries Limited to Gratex Industries Ltd. on 9thday of March 1993 under the Companies Act. The main objects ofthe company are fully set out in the Memorandum and Articles ofAssociation of the Company and are also detailed here in theProspectus. The works of the company is located at Gratex House ThaneBelapur Road Khairne New Bombay in the state ofMaharashtra. Against Company's installed capacity of 84 000 Vinyl Rolls and1 80 000 Non-Vinyl Rolls p.a. it had manufactured 72000 VinylRolls and 36 000 Non-Vinyl during the year 93-94. For lack ofdemand Company has discontinued manufacture of Non- VinylRolls as such there is ideal capacity available which can alsobe utilised for production of vinyl rolls. Expansion The Company intends to expand its Vinyle capacity to 2 10 000Rolls per annum. The expansion unit will be located at theexisting premises situated at Gratex House Thane Belapur Road Khairne Road New Bombay. The cost of the expansion project hasbeen estimated at Rs. 225 lacs. The proposed expansion willincrease the installed capacity from 84000 Rolls P.A. to 2 10 00Rolls P.A. for Vinyle and no change in the Non-vinyle capacity. |
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(Source: RTGSL) |
