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Skip Plastics Ltd.

BSE: 532043 Sector: Industrials
NSE: N.A. ISIN Code: N.A.
BSE 05:30 | 01 Jan Skip Plastics Ltd
NSE 05:30 | 01 Jan Skip Plastics Ltd

Skip Plastics Ltd. (SKIPPLASTICS) - Company History

Promoted by Ashok P Damle, Skip Plastics (SPL) was incorporated as a private limited company in Aug.'81 and became a public limited company in Aug.'95. The company manufactures custom moulded components like B&W/colour TV cabinets, radio cabinets, computer parts, mixer/grinder parts, etc. In 1989, SPL set up a plastic moulding unit with an installed capacity of 200 tpa, at Vasai (Thane district), Maharashtra. Its client list includes Godrej GE, Godrej EBE, Kalyani Sharp, Revlon Pens, NOCIL, Milton, Philips, Videocon group, etc. Till 1995-96, the capacity of the unit has been increased from the installed capacity of 200 tpa to 1560 tpa. In 1996, it undertook another expansion programme of increasing the capacity to 2792 tpa besides setting up another unit in Ahmednagar. It came out with a public issue in Jul.'96 to part-finance this project. Its new unit at Pune has started production during the month of May'97. The company has been awarded certification of ISO 9002 by Underwriters Laboratories Inc. on 26th June, 1998. In 1998-99, the company received the U L certification, a must for export of electronic goods to America & European countries.