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Shree Rama Multi-Tech Ltd.

BSE: 532310 Sector: Industrials
NSE: SHREERAMA ISIN Code: INE879A01019
BSE LIVE 15:26 | 18 Aug 13.35 -0.40
(-2.91%)
OPEN

13.50

HIGH

13.50

LOW

13.10

NSE 15:00 | 18 Aug 13.30 -0.45
(-3.27%)
OPEN

13.50

HIGH

13.60

LOW

13.25

OPEN 13.50
PREVIOUS CLOSE 13.75
VOLUME 25027
52-Week high 19.70
52-Week low 7.65
P/E
Mkt Cap.(Rs cr) 85
Buy Price 13.35
Buy Qty 78.00
Sell Price 13.75
Sell Qty 236.00
OPEN 13.50
CLOSE 13.75
VOLUME 25027
52-Week high 19.70
52-Week low 7.65
P/E
Mkt Cap.(Rs cr) 85
Buy Price 13.35
Buy Qty 78.00
Sell Price 13.75
Sell Qty 236.00

Shree Rama Multi-Tech Ltd. (SHREERAMA) - Company History

Shree Rama Multi-Tech (SRMTL) was formed as a partnership firm in the name of Shree Rama Packaging in the year 1986 and was subsequently incorporated as a public limited company on December 17, 1993. The company has been promoted by two technocrats, Vikram Patel and Sharad Patel, who have a diverse experience in the packaging industry. The company manufacture, process, purchase, sell, import, export and otherwise deal in laminated web material, lamitubes, flexible tubes and all types of films, multi-layer films, sheets, containers, bags, pouches and articles made by using such web material, films or sheets. The company is also an integrated packaging solutions provider to the fast moving consumer goods industry with focus on Plastic Laminated Tubes, labels/stickers and speciality packaging & plastic products. SRMTL is the second largest company in India in Plastic Laminated Tubes and its technological capability enables it to offer the entire range of products including labels and stickers. The company also has technical co-operation Agreement with AISA, Switzerland for tube making technology, Taiyo Kikai, Japan for printing technology, Fujimori Kogyo, Japan for laminate web technology and Barrier Films corporation for multi-layer film technology. The company came out with a public issue of 80,55,750 equity shares and offer for sale by existing members of 55,92,000 equity shares at a price of Rs 120/- per share in Feb. 2000. The offer was made to part finance the project for expanding the Plastic Laminated Tubes manufacturing capacity by 324 million from existing 316 million to 640 million and other related products including paper cups, bags etc. SRMTL has floated a subsidiary company in the name of Shree Rama Multi-Pack(Guangzhou), to manufacture Plastic and Laminated Tubes in China. The project is expected to go on stream in the second half of the year 2001-2002.