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Ganga Papers India Ltd.

BSE: 531813 Sector: Industrials
NSE: N.A. ISIN Code: INE278O01015
BSE 10:44 | 16 Jan 61.65 0.20
(0.33%)
OPEN

61.65

HIGH

61.65

LOW

61.65

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 61.65
PREVIOUS CLOSE 61.45
VOLUME 6
52-Week high 61.65
52-Week low 9.53
P/E 34.63
Mkt Cap.(Rs cr) 67
Buy Price 61.65
Buy Qty 194.00
Sell Price 0.00
Sell Qty 0.00
OPEN 61.65
CLOSE 61.45
VOLUME 6
52-Week high 61.65
52-Week low 9.53
P/E 34.63
Mkt Cap.(Rs cr) 67
Buy Price 61.65
Buy Qty 194.00
Sell Price 0.00
Sell Qty 0.00

Ganga Papers India Ltd. (GANGAPAPERS) - Company History

Kasat Paper and Pulp (KPPL) was incorporated in Mar.'85 as a private limited company by Shriram R Kasat and Shrikant M Kasat. It was converted into a public limited company in Dec.'92. Engaged in the manufacture of different types of kraft paper including special quality kraft paper, and high grade kraft paper, the company commenced commercial production in 1987, with an installed capacity of 6000 tpa. Kraft paper is used for the manufacture of corrugated cartons and boxes. In 1990-91, KPPL undertook an expansion project to increase the installed capacity from 6000 tpa to 12,000 tpa. Again the capacity was increased by 3000 tpa to take the total installed capacity to 15,000 tpa in 1993-94. In Sep.'93, the company established Unipack Containers and Carton Products, a joint venture with a resident of the UAE, in Dubai, for the manufacture of corrugated printed cartons, sheets and trays. The company holds a 49% stake in the joint venture in Dubai. KPPL is setting up manufacturing facilities for the manufacture of 10,000-tpa of newsprint and 5000-tpa of white writing/printing paper. In order to part-finance this project, it came out with a public issue of 28,33,340 equity shares of Rs 10 each for cash at a premium of Rs 20 per share aggregating Rs 8,50,00,200, in Apr.'96. The company is also setting up a co-generation plant of 1.4 MW capcity, for captive consumption.