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Arrow Greentech Ltd.

BSE: 516064 Sector: Industrials
NSE: ARROWGREEN ISIN Code: INE570D01018
BSE LIVE 15:40 | 18 Oct 549.25 -8.20
(-1.47%)
OPEN

563.50

HIGH

563.50

LOW

546.00

NSE 15:41 | 18 Oct 547.60 -10.35
(-1.86%)
OPEN

562.00

HIGH

562.00

LOW

545.00

OPEN 563.50
PREVIOUS CLOSE 557.45
VOLUME 1320
52-Week high 715.00
52-Week low 390.50
P/E 54.98
Mkt Cap.(Rs cr) 645
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 563.50
CLOSE 557.45
VOLUME 1320
52-Week high 715.00
52-Week low 390.50
P/E 54.98
Mkt Cap.(Rs cr) 645
Buy Price 0.00
Buy Qty 0.00
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.