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Jumbo Bag Ltd.

BSE: 516078 Sector: Industrials
NSE: JUMBO ISIN Code: INE699D01015
BSE LIVE 18:53 | 19 Oct 12.54 -0.66
(-5.00%)
OPEN

12.55

HIGH

12.95

LOW

12.54

NSE 00:00 | 08 Jul Stock Is Not Traded.
OPEN 12.55
PREVIOUS CLOSE 13.20
VOLUME 1850
52-Week high 18.55
52-Week low 7.01
P/E 13.78
Mkt Cap.(Rs cr) 11
Buy Price 12.54
Buy Qty 101.00
Sell Price 13.00
Sell Qty 1.00
OPEN 12.55
CLOSE 13.20
VOLUME 1850
52-Week high 18.55
52-Week low 7.01
P/E 13.78
Mkt Cap.(Rs cr) 11
Buy Price 12.54
Buy Qty 101.00
Sell Price 13.00
Sell Qty 1.00

Jumbo Bag Ltd. (JUMBO) - Company History

Incorporated as a private limited company in Nov.'90, Jumbo Bag (JBL) was converted into a public limited company on 24 Oct.'91. It was promoted by G Sudhakar, G P N Gupta, G V Chalapathi, G Muralidhar and G Radhakrishna. JBL entered into a technical collaboration with Structure Flex (SFL), UK, to supply know-how and technical information and assistance for mass production of jumbo bags. The company came out with a public issue in Jun.'94 to finance the manufacture of flexible intermediate bulk containers. JBL set up a 100% EOU to manufacture flexible intermediate bulk containers (FIBC) (inst. cap. : 7 lac bags pa). Production, expected to commence in Oct.'94, began only in Feb.'95. During 1999-2000, the company has signed a long term agreement with a Japanese company for supply of hygiene bags which will help the company to establish its credentials for further export.