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Arrow Greentech Ltd.

BSE: 516064 Sector: Industrials
NSE: ARROWGREEN ISIN Code: INE570D01018
BSE LIVE 15:42 | 29 May 460.15 -27.05
(-5.55%)
OPEN

490.05

HIGH

492.80

LOW

459.00

NSE 15:29 | 29 May 461.10 -29.35
(-5.98%)
OPEN

501.05

HIGH

501.05

LOW

455.10

OPEN 490.05
PREVIOUS CLOSE 487.20
VOLUME 4031
52-Week high 595.10
52-Week low 390.50
P/E 43.17
Mkt Cap.(Rs cr) 540
Buy Price 460.15
Buy Qty 25.00
Sell Price 0.00
Sell Qty 0.00
OPEN 490.05
CLOSE 487.20
VOLUME 4031
52-Week high 595.10
52-Week low 390.50
P/E 43.17
Mkt Cap.(Rs cr) 540
Buy Price 460.15
Buy Qty 25.00
Sell Price 0.00
Sell Qty 0.00

Arrow Greentech Ltd. (ARROWGREEN) - Company History

Arrow Coated Products was incorporated as a public limited company in Oct.'92 by the Patel Group, who are in the business of packaging and printing machines since 1960. The company came out with its maiden public issue in Apr.'94 to part-finance its project for the manufacture of stamping foil with an installed capacity of 145 lac sq mtr pa, at Silvassa and Ankleshwar. In Nov.'93, the company took over the assets of Rishil Exports group. It also acquired Patel Paper Products, another group firm, on lease. It acquired the above two firms situated at Ankleshwar, for manufacturing hot stamping foil. At Silvassa, it is in the process of constructing a new plant. It commenced commercial production at the acquired plants in Nov.'93. The company has a technical collaboration with Foilmark, US, for the manufacture of hot stamping foil. It also has a 30% buy-back arrangement with the collaborator for a period of ten years. In 1994-95, Esselte Meto, a 270 year old German company, tied up with Arro for manufacturing and technical support of self adhesive price making labels, including bar-code labels, security labels and computer stationery.