You are here » Home » Companies » Company Overview » Servalakshmi Paper Ltd

Servalakshmi Paper Ltd.

BSE: 533401 Sector: Industrials
NSE: SERVALL ISIN Code: INE431L01016
BSE LIVE 15:47 | 18 Oct 1.40 0
(0.00%)
OPEN

1.40

HIGH

1.40

LOW

1.40

NSE 18:38 | 19 Oct 1.20 -0.05
(-4.00%)
OPEN

1.20

HIGH

1.20

LOW

1.20

OPEN 1.40
PREVIOUS CLOSE 1.40
VOLUME 703
52-Week high 4.70
52-Week low 1.19
P/E
Mkt Cap.(Rs cr) 6
Buy Price 0.00
Buy Qty 0.00
Sell Price 1.40
Sell Qty 797.00
OPEN 1.40
CLOSE 1.40
VOLUME 703
52-Week high 4.70
52-Week low 1.19
P/E
Mkt Cap.(Rs cr) 6
Buy Price 0.00
Buy Qty 0.00
Sell Price 1.40
Sell Qty 797.00

Servalakshmi Paper Ltd. (SERVALL) - Company History

Servalakshmi Paper Ltd is an integrated paper mill with facilities to manufacture Printing & Writing Paper and Newsprint (NP). The company carries their production through their state-of-the-art production unit situated at Kodaganallur Village, Tirunelveli district, Tamil Nadu with total installed production capacity of 90,000 MTPA making it one of the largest single location plants in India. The company has full-fledged R&D centre to meet the requirements of existing products improvement also new product development. The company has Printing & Writing paper and Newsprint products of all the ranges of quality similar to their competitors. They market their products with a special brand name of 'LAKSHMI'. Servalakshmi Paper Ltd was incorporated on November 3, 2005 as a private limited company with the name Sri Sai Shakthi Raam Papers Pvt Ltd. The company was established by Servall Group to set up paper plant. In January 31, 2007, the name of the company was changed from Sri Sai Shakthi Raam Papers Pvt Ltd to Servalakshmi Paper Pvt Ltd. During the initial period, the product mix between Printing & Writing papers and Newsprint is 30:70. After stabilization, the company is primarily focusing on Printing & Writing segment and share of Newsprint has reduced. During the year 2009-10, the company completed Phase I of the Paper mill project at Kodaganallur in Tirunelveli district having a capacity of 90,000 MTPA and started commercial production on April 01, 2010. They also established a multi-fuel captive power plant with a capacity of 15 MW. In April 30, 2010, the company was converted into a public limited company and the name was changed to Servalakshmi Paper Ltd. In October 22, 2010, the company entered power purchase agreement with Power Trading Corporation India Ltd for supplying 3 MW power to the grid of Tamil Nadu Electricity Board (TNEB). In October 25, 2010, they obtained 'Forest Stewardship Council' Certification. The company plans to produce wide range of Printing & Writing Papers and high-end Newsprint under their own brand name of 'LAKSHMI'. In printing and writing segment, they intend to produce coated, uncoated, copier, cream wove, SS Maplitho, computer stationary and text/note book papers. Also, the company is in the process of implementing the Phase-II of the project which will add balancing equipments for improving productivity and producing value added products.