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Soma Papers & Industries Ltd.

BSE: 516038 Sector: Industrials
NSE: N.A. ISIN Code: INE737E01011
BSE 15:07 | 22 May Soma Papers & Industries Ltd
NSE 05:30 | 01 Jan Soma Papers & Industries Ltd
OPEN 15.77
PREVIOUS CLOSE 15.04
VOLUME 50
52-Week high 15.77
52-Week low 13.65
P/E 143.36
Mkt Cap.(Rs cr) 2
Buy Price 0.00
Buy Qty 0.00
Sell Price 15.77
Sell Qty 711.00
OPEN 15.77
CLOSE 15.04
VOLUME 50
52-Week high 15.77
52-Week low 13.65
P/E 143.36
Mkt Cap.(Rs cr) 2
Buy Price 0.00
Buy Qty 0.00
Sell Price 15.77
Sell Qty 711.00

Soma Papers & Industries Ltd. (SOMAPAPERS) - Company History

Soma Papers & Industries(SPIL), an associate of the Parijat Enterprises Group, was incorporated in 1992 to takeover the hived of coating division of Shree Vindhya Papers. It manufactures Coated Paper & Board and Speciality Paper and Boards, like Coated paper, self copy paper, gum paper. Starting with a capacity of 6000 tpa, it has enhanced its capacity to 10,000 tpa and has diversified into related fields. The company manufacture high value coating products by coating on plastic film instead of coating on paper. Vercon Industries(formerly Vecron Syntex), 100% subsidiary of the company, has expanded its paper conversion/lamination unit at Silvassa as to include hot-stamping foils and metallised films. The company has entered into a MoU with GTC Industries for the takeover of the latter's two BIFR referred and closed paper mills i.e. Raigadh Papers and Premier Paper Mills, SPIL set up a wind mill of 550 KW at Poolvadi, Coimbatore, which has commenced production during 1996-97.