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Kisan Mouldings Ltd.

BSE: 530145 Sector: Industrials
NSE: N.A. ISIN Code: INE017C01012
BSE 13:08 | 17 Jan 200.00 2.75
(1.39%)
OPEN

195.35

HIGH

200.00

LOW

190.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 195.35
PREVIOUS CLOSE 197.25
VOLUME 58479
52-Week high 208.00
52-Week low 62.00
P/E
Mkt Cap.(Rs cr) 677
Buy Price 199.50
Buy Qty 20.00
Sell Price 200.00
Sell Qty 187.00
OPEN 195.35
CLOSE 197.25
VOLUME 58479
52-Week high 208.00
52-Week low 62.00
P/E
Mkt Cap.(Rs cr) 677
Buy Price 199.50
Buy Qty 20.00
Sell Price 200.00
Sell Qty 187.00

Kisan Mouldings Ltd. (KISANMOULDINGS) - Company History

Kisan Mouldings was incorporated in Nov.'89 as Sanwaria Synthetics Pvt Ltd and was converted into a public limited company in 1993. It acquired its present name in Nov.'93. It was promoted by Ramesh J Aggarwal and Satish J Aggarwal. The company initially set-up a project for manufacturing SWR rigid PVC fittings with an installed capacity of 600 tpa at Tarapur, Maharashtra. Phase-I of the project commenced production of SWR PVC fittings in Apr.'94. The company came out with a public issue in Feb.'95 to part-finance the project. After this, the company expanded and diversified its product range by manufacturing rigid PVC threaded / plumbing fittings, large sized rigid PVC agriculture / pressure pipe fittings and ABS flush tanks, which was completed in 1995. During 1996-97, the entire range of dies and moulds has envisaged under the expansion project has been completed and the commercial production and marketing of flush tanks has also been started during the year. In 1997-98, it had taken up the project for SWR fitting 90 MM size with a capital outlay of Rs 370 lacs which was completed in the first half of 1999-2000. But due to enable to meet growing demand, the project was restructured thereby increasing project cost to Rs.575 lacs. The company is planning to obtain ISO-9002 and ISI Agmark certification and the steps are being taken to obtain for the same.