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Shree Karthik Papers Ltd.

BSE: 516106 Sector: Industrials
NSE: N.A. ISIN Code: INE538D01015
BSE LIVE 15:40 | 18 Aug 14.35 -0.53
(-3.56%)
OPEN

15.45

HIGH

15.80

LOW

13.76

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 15.45
PREVIOUS CLOSE 14.88
VOLUME 20304
52-Week high 16.21
52-Week low 5.55
P/E 6.24
Mkt Cap.(Rs cr) 27
Buy Price 14.40
Buy Qty 50.00
Sell Price 0.00
Sell Qty 0.00
OPEN 15.45
CLOSE 14.88
VOLUME 20304
52-Week high 16.21
52-Week low 5.55
P/E 6.24
Mkt Cap.(Rs cr) 27
Buy Price 14.40
Buy Qty 50.00
Sell Price 0.00
Sell Qty 0.00

Shree Karthik Papers Ltd. (SHKARTHIKPAP) - Company History

Shree Karthik Papers Limited (SKPL) was originally incorporated on December 18, 1991 as a Private Limited Company under the name of Sree Karthik Papers Private Limited. Subsequently the name of the company was changed to Shree karthik papers Private Limited on April 11, 1994. It become a Public limited company on April 13, 1994. SKPL was established to manufacture writing and printing paper at Village Kottur, Pollachi Taluk, District Coimbatore in the State of Tamilnadu. The project was originally envisaged for setting up a paper mill to manufacture 8480 tpa of writing and printing paper. After discussions with suppliers and consultants the company revised the capacities to 13350 TPA and the same was appraised by IDBI in May,1992 and the cost was Rs.1276 lacs. The company commenced its commercial production on February,1995. The company came out with a public issue in December,1994 and the issue was oversubscribed by more than 10 times. As a value addition the company is planning to go in for manufacture of Newsprint. The company has been declared as a Sick Company by BIFR during the year 1999 and has appointed IDBI as the operating agency to formulate a Rehabilitation Scheme.