You are here » Home » Companies » Company Overview » Arnav Corporation Ltd

Arnav Corporation Ltd.

BSE: 531467 Sector: Others
NSE: N.A. ISIN Code: INE647D01014
BSE 00:00 | 08 Jul Arnav Corporation Ltd
NSE 05:30 | 01 Jan Arnav Corporation Ltd
OPEN 0.19
PREVIOUS CLOSE 0.19
VOLUME 500
52-Week high 0.19
52-Week low 0.19
P/E
Mkt Cap.(Rs cr) 2
Buy Price 0.19
Buy Qty 1500.00
Sell Price 0.19
Sell Qty 100652.00
OPEN 0.19
CLOSE 0.19
VOLUME 500
52-Week high 0.19
52-Week low 0.19
P/E
Mkt Cap.(Rs cr) 2
Buy Price 0.19
Buy Qty 1500.00
Sell Price 0.19
Sell Qty 100652.00

Arnav Corporation Ltd. (ARNAVCORP) - Company History

Polypro Fibrils (I) was incorporated as a private limited company in Sep.'87. It was originally promoted by Ambrish Chheda and B M Gajjar. The management could not finalise the activity to be undertaken by the company due to their pre-occupations. Therefore since incorporation there was no specific activity till 1993. After Dec.'92 when D J Chaturvedi joined the Board the management decided to set up manufacturing units for tarpaulin and synthetic ropes. The present promoters are D J Chaturvedi Harish Parikh Parimal Parikh and Ashwin Deepala. The company became a public limited company in Dec.'94.The company set up an integrated plant for manufacturing synthetic ropes (inst. cap. : 1900 tpa) and tarpaulin (inst. cap. : 500 tpa) at Wada Maharashtra. Commercial production of tarpaulin commenced in Mar.'95. It came out with a public issue of 1807000 equity shares of Rs 10 each for cash at par aggregating Rs 180.70 lac in Dec.'95 to part-finance its project.The company has a buy-back arrangement with MTET the UAE.