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Goa Carbon Ltd.

BSE: 509567 Sector: Industrials
NSE: GOACARBON ISIN Code: INE426D01013
BSE 00:00 | 23 Apr 876.55 -17.35
(-1.94%)
OPEN

881.00

HIGH

901.70

LOW

872.00

NSE 00:00 | 23 Apr 877.00 -16.35
(-1.83%)
OPEN

894.00

HIGH

902.20

LOW

872.20

OPEN 881.00
PREVIOUS CLOSE 893.90
VOLUME 22007
52-Week high 1215.40
52-Week low 128.35
P/E 14.89
Mkt Cap.(Rs cr) 802
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 881.00
CLOSE 893.90
VOLUME 22007
52-Week high 1215.40
52-Week low 128.35
P/E 14.89
Mkt Cap.(Rs cr) 802
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Goa Carbon Ltd. (GOACARBON) - Company History

Incorporated as a public limited company, Goa Carbons commenced production of calcined petroleum coke (CPC) in Jul.'95. In the first phase, a pig iron plant was installed at an estimated cost of Rs 72 cr. The second phase envisages setting up a Rs 250-cr plant for foundry-grade pig iron, and alloy and special steel billets. Company was awarded by CHEMEXCIL the certificate of merit. During 1996-97, the cost of pig iron project was increased from Rs 72 cr to 100 cr due to additional cost of Rs 10 cr for water supply scheme which is not envisaged earlier. The company transfered the project to Aparant Iron and Steel Pvt. Ltd. In 1999-2000, the company has acquired 100% equity shares of Vishwalakshmi Petro Products Ltd., (VPPL), a calcined petroleum coke manufacturing company, which has become a Subsidiary of Goa Carbon Ltd. VPPL was amalgamted with the company which was approved by Bombay High Court with effect from the Appionted Date of 1st January,2002. By acquiring 83.47% equity share capital of Paradeep Carbons Limited(a Subsidiary Company) a Calcined Petroleum Coke, the company can met the demand of CPC.The annual production capacity of Paradeep Carbons Limited is 1,25,000 MT and the plant is located at Jagatsinghpur (Orissa).