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Aurangabad Paper Mills Ltd.

BSE: 502352 Sector: Industrials
NSE: AURANPAPER ISIN Code: INE525C01014
BSE 00:00 | 28 Feb Aurangabad Paper Mills Ltd
NSE 05:30 | 01 Jan Aurangabad Paper Mills Ltd
OPEN 1.49
PREVIOUS CLOSE 1.60
VOLUME 400
52-Week high 1.60
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 1
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1.49
CLOSE 1.60
VOLUME 400
52-Week high 1.60
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 1
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Aurangabad Paper Mills Ltd. (AURANPAPER) - Company History

The first company to put up a paper manufacturing unit using de-link technology, Aurangabad Paper Mills (cap. : 16,500 tpa of non-glazed newsprint), went on stream in Oct.'91. While the existing units are based on wood pulp, this one is based on wood pulp newsprint. The company already has a 15,840-tpa, bagasse-based paper unit for kraft paper. To improve things, the company went ahead with its Rs 15-cr modernisation programme, financed through a rights issue in Apr.'93 (1:2, premium : Rs 25). In Dec.'93, it installed a super calendar machine to manufacture glazed newsprint. The company commissioned a boiler and turbine in 1994, which saves about Rs 3 cr annually in power cost. The installation of its own water pipeline at Aurangabad has reduced water cost. The Company has been declared a sick company by the BIFR. ICICI has been appointed as the Operating Agency to finalise a revival package. The company has submitted the Draft Scheme of the Revival Package, which is pending with the Participating Institutions and Bankers.