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Arrow Greentech Ltd.

BSE: 516064 Sector: Industrials
NSE: ARROWGREEN ISIN Code: INE570D01018
BSE 00:00 | 19 Jun 49.00 0
(0.00%)
OPEN

48.70

HIGH

49.00

LOW

48.70

NSE 00:00 | 19 Jun 48.65 -0.85
(-1.72%)
OPEN

48.00

HIGH

51.00

LOW

48.00

OPEN 48.70
PREVIOUS CLOSE 49.00
VOLUME 220
52-Week high 219.95
52-Week low 47.50
P/E 306.25
Mkt Cap.(Rs cr) 58
Buy Price 46.50
Buy Qty 50.00
Sell Price 53.00
Sell Qty 10.00
OPEN 48.70
CLOSE 49.00
VOLUME 220
52-Week high 219.95
52-Week low 47.50
P/E 306.25
Mkt Cap.(Rs cr) 58
Buy Price 46.50
Buy Qty 50.00
Sell Price 53.00
Sell Qty 10.00

Arrow Greentech Ltd. (ARROWGREEN) - Company History

Arrow Coated Products was incorporated as a public limited company in Oct.'92 by the Patel Group, who are in the business of packaging and printing machines since 1960. The company came out with its maiden public issue in Apr.'94 to part-finance its project for the manufacture of stamping foil with an installed capacity of 145 lac sq mtr pa, at Silvassa and Ankleshwar. In Nov.'93, the company took over the assets of Rishil Exports group. It also acquired Patel Paper Products, another group firm, on lease. It acquired the above two firms situated at Ankleshwar, for manufacturing hot stamping foil. At Silvassa, it is in the process of constructing a new plant. It commenced commercial production at the acquired plants in Nov.'93. The company has a technical collaboration with Foilmark, US, for the manufacture of hot stamping foil. It also has a 30% buy-back arrangement with the collaborator for a period of ten years. In 1994-95, Esselte Meto, a 270 year old German company, tied up with Arro for manufacturing and technical support of self adhesive price making labels, including bar-code labels, security labels and computer stationery.