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Arrow Greentech Ltd.

BSE: 516064 Sector: Industrials
NSE: ARROWGREEN ISIN Code: INE570D01018
BSE LIVE 13:39 | 24 Apr 433.00 -0.05
(-0.01%)
OPEN

431.50

HIGH

435.25

LOW

430.00

NSE 13:28 | 24 Apr 433.65 1.75
(0.41%)
OPEN

428.00

HIGH

436.75

LOW

427.25

OPEN 431.50
PREVIOUS CLOSE 433.05
VOLUME 962
52-Week high 660.00
52-Week low 390.50
P/E 40.62
Mkt Cap.(Rs cr) 508.34
Buy Price 430.85
Buy Qty 7.00
Sell Price 433.00
Sell Qty 11.00
OPEN 431.50
CLOSE 433.05
VOLUME 962
52-Week high 660.00
52-Week low 390.50
P/E 40.62
Mkt Cap.(Rs cr) 508.34
Buy Price 430.85
Buy Qty 7.00
Sell Price 433.00
Sell Qty 11.00

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.