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Fiberweb (India) Ltd.

BSE: 507910 Sector: Industrials
NSE: N.A. ISIN Code: INE296C01020
BSE 00:00 | 22 Oct 41.80 0.10
(0.24%)
OPEN

42.55

HIGH

42.55

LOW

41.15

NSE 05:30 | 01 Jan Fiberweb (India) Ltd
OPEN 42.55
PREVIOUS CLOSE 41.70
VOLUME 39184
52-Week high 59.25
52-Week low 23.50
P/E 8.67
Mkt Cap.(Rs cr) 120
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 42.55
CLOSE 41.70
VOLUME 39184
52-Week high 59.25
52-Week low 23.50
P/E 8.67
Mkt Cap.(Rs cr) 120
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

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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