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Fiberweb (India) Ltd.

BSE: 507910 Sector: Industrials
NSE: N.A. ISIN Code: INE296C01020
BSE 00:00 | 27 Jan 28.20 -0.80
(-2.76%)
OPEN

29.90

HIGH

29.90

LOW

28.00

NSE 05:30 | 01 Jan Fiberweb (India) Ltd
OPEN 29.90
PREVIOUS CLOSE 29.00
VOLUME 25281
52-Week high 35.40
52-Week low 8.89
P/E 6.44
Mkt Cap.(Rs cr) 81
Buy Price 28.00
Buy Qty 250.00
Sell Price 28.45
Sell Qty 500.00
OPEN 29.90
CLOSE 29.00
VOLUME 25281
52-Week high 35.40
52-Week low 8.89
P/E 6.44
Mkt Cap.(Rs cr) 81
Buy Price 28.00
Buy Qty 250.00
Sell Price 28.45
Sell Qty 500.00

Fiberweb (India) Ltd. (FIBERWEBINDIA) - Company History

PVD Plast Mould Industries (PVD) was incorporated on 22 Oct.'85. The company was initially promoted by the Kanakia family and thereafter Pravin V Sheth and Sudhir V Sheth joined the promoters. Other group companies include Bharat Pipes & Fittings and Kunststoffe Industries. It came out with a rights issue at a premium of Rs 15 aggregating Rs 8.75 cr in Nov.'93. The object of this issue was to part-finance the proposed modernisation-cum-diversification scheme. The total project cost was estimated at Rs 10.50 cr. The company's products include jerry cans, caps, lids, gate valves, foot valves, crates, water tanks and vessels. It also has two 100% export-oriented divisions manufacturing waste-bags and spun-bonded non-woven polypropylene fabrics. Its clients include Hindustan Petroleum, BPCL, IOC, Standard Industries and Pidilite Industries. The company has a buy-back arrangement for its entire output of waste-bags guaranteed by Corovin, the world leader in supply of the product. PVD has also made arrangements with two companies, in the US and Germany, to sell its entire output of polypropylene fabrics.

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