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Newtime Infrastructure Ltd.

BSE: 531959 Sector: Infrastructure
NSE: N.A. ISIN Code: INE997D01021
BSE LIVE 15:28 | 20 Aug Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 22.15
PREVIOUS CLOSE 23.30
VOLUME 1
52-Week high 22.15
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 427
Buy Price 0.00
Buy Qty 0.00
Sell Price 22.15
Sell Qty 111312.00
OPEN 22.15
CLOSE 23.30
VOLUME 1
52-Week high 22.15
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 427
Buy Price 0.00
Buy Qty 0.00
Sell Price 22.15
Sell Qty 111312.00

Newtime Infrastructure Ltd. (NEWTIMEINFRA) - Company History

Incorporated as a private limited company in Jul.'84, Kumaon Pharmacpas and Chemicals was converted into a public limited company in May '95. Originally promoted by P K Singh, Bimla Singh and V S Devendra Kumar, the company was taken over by Harish Belwal in Feb.'94. The company set up manufacturing facilities for the manufacture of bulk drugs like 6 amino penicillinic acid (inst. cap. : 120 tpa); ampicillin trihydrate (inst. cap. : 30 tpa) and amoxycillin trihydrate (inst. cap. : 90 tpa), at Ramnagar (Nainital district), Uttar Pradesh. It came out with a public issue of 37.5 lac equity shares of Rs 10 each for cash at par aggregating Rs 375 lac, in Apr.'96 to part-finance the project. The company entered into a MoU in Sep.'95 with Medicare Products, US, for the export of its products. The company expects to supply nearly 50% of its production. Medicare Products will market the company's products in south-east Asia, far-east Asia, middle-east Asia, Africa, and north and south America. The company is planning to continue with the existing business line of software,providing ERP solutions,E-commerce and offshore projects etc.