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Natural Stone Exports Ltd.

BSE: 513638 Sector: Others
NSE: N.A. ISIN Code: INE893G01017
BSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
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Natural Stone Exports Ltd. (NATURALSTONE) - Company History

Incorporated in 1985 and promoted by Rajashekar and Gautam Chopra, Natural Stone Exports manufactures polished granite slabs for floorings, furnishings, etc. The company also owns mines, processing factories and showrooms all over India. It has a plant at Kolar, Karnataka, to manufacture polished granite slabs with an installed capacity of 15,000 sq mtr pa. To finance the expansion of the capacity to 1 lac sq mtr pa of its granite slab plant at Kolar, the company entered the capital market in Aug.'94, offering equity shares aggregating Rs 5.85 cr. The Karanataka government allotted granite mines on 50 acres of land to NSEL on a priority basis because of its 100% EOU status. The company exports to west Asia, Taiwan, the UK, the US and Australia. The company plans to set up a 100% EOU in Jodhpur to export granite from the northern region. The project is to be funded through a public issue.