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Shiva Medicare Ltd.

BSE: 524602 Sector: Health care
NSE: N.A. ISIN Code: INE875N01028
BSE LIVE 11:15 | 08 Sep 14.38 0
(0.00%)
OPEN

14.38

HIGH

14.38

LOW

14.38

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 14.38
PREVIOUS CLOSE 14.38
VOLUME 60
52-Week high 14.38
52-Week low 6.74
P/E
Mkt Cap.(Rs cr) 3
Buy Price 14.38
Buy Qty 45.00
Sell Price 0.00
Sell Qty 0.00
OPEN 14.38
CLOSE 14.38
VOLUME 60
52-Week high 14.38
52-Week low 6.74
P/E
Mkt Cap.(Rs cr) 3
Buy Price 14.38
Buy Qty 45.00
Sell Price 0.00
Sell Qty 0.00

Shiva Medicare Ltd. (SHIVAMEDICARE) - Company History

Shiva Medicare (SML) was incorporated on 2 Dec.'91 to manufacture latex gloves. The company took over the Rubber division of Vijayshree Spinning Mills located at Tambaram,Chennai. SML manufactures disposable latex examination gloves and currently has two lines capable of producing 36 mln pcs pa each. After taking possession of the unit on 11 Apr.'92, within a short span of four months, the company successfully shipped, on 31 Aug.'92, its first consignment to its overseas buyers Steriltx (USA), US, and since then is regularly exporting its product to Steriltx (USA). The company had commissioned three lines in the year 1994-95. Company also modified its 2 Nos. old diplines for manufacturing of Nitrele and Surgical Gloves & proposed to manufacture value added products such as Nitrele, Surgical and Chlorinated Gloves. Company applying term loan through Union Bank of India for putting the Chlorination plant to produce powder free gloves. Company also obtained 510-K from Food & Drug Administration, U.S.A for marketing powder free gloves in U.S.A. and C.E. mark from Norewegian Ministry of Health and Social Affairs for marketing of examination gloves in the European countries. The company has been referred to BIFR as the networth has been fully eroded.