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Unimin India Ltd.

BSE: 530321 Sector: Industrials
NSE: UNIMIN ISIN Code: INE672C01014
BSE LIVE 13:10 | 13 Feb Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 0.46
PREVIOUS CLOSE 0.48
VOLUME 100
52-Week high 0.46
52-Week low 0.46
P/E
Mkt Cap.(Rs cr) 1
Buy Price 0.46
Buy Qty 5100.00
Sell Price 0.00
Sell Qty 0.00
OPEN 0.46
CLOSE 0.48
VOLUME 100
52-Week high 0.46
52-Week low 0.46
P/E
Mkt Cap.(Rs cr) 1
Buy Price 0.46
Buy Qty 5100.00
Sell Price 0.00
Sell Qty 0.00

Unimin India Ltd. (UNIMIN) - Company History

Unimin India (Unimin) was incorporated on 18 Dec.'81. The company was promoted by J B S Bakshi and associates. The promoter has interests in other companies including Uniplas India, Rutron International, Dasco Plastics, UAE Adaiya Plastics, etc. Unimin is managed by chairman J B S Bakshi and managing director Raman Patel. Unimin is engaged in the manufacture of PVC compounds and small-diameter PVC pipes. In Mar.'95, it came out with a Rs 17.10 cr public issue at a premium of Rs 20 to part-finance facilities to manufacture spun bonded polymer fabrics (SBPF) at Daman at an estimated cost of Rs 58.57 cr. Unimin has a financial collaboration with the Asian Finance & Investment Corporation (AFIC), Singapore, for investment in the SBPF project at Daman. The company has buy-back arrangements with Silver Plastics a sister-concern of Reifenhauser, Germany, to the extent of 50% of its capacity. It also has marketing arrangements with REH Non-woven Sales, US, appointing it the sole distributor and marketing agent for the US and Canada. REH has signed an MoU to buy a minimum of 2000 tpa of SBPF. B&W, UK, has also expressed interest in buying 800 tpa of SBPF. The company has commissioned the new SBPF project in early November'98 and has started up production from April, 1999.