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Ganesha Ecosphere Ltd.

BSE: 514167 Sector: Industrials
NSE: GANECOS ISIN Code: INE845D01014
BSE 00:00 | 24 Jan 286.35 3.10
(1.09%)
OPEN

287.00

HIGH

288.70

LOW

278.50

NSE 00:00 | 24 Jan 281.40 -5.00
(-1.75%)
OPEN

281.85

HIGH

289.95

LOW

278.00

OPEN 287.00
PREVIOUS CLOSE 283.25
VOLUME 227
52-Week high 425.00
52-Week low 242.00
P/E 14.50
Mkt Cap.(Rs cr) 625
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 287.00
CLOSE 283.25
VOLUME 227
52-Week high 425.00
52-Week low 242.00
P/E 14.50
Mkt Cap.(Rs cr) 625
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Ganesha Ecosphere Ltd. (GANECOS) - Company History

Ganesha Ecosphere Ltd is a widely held Company listed at BSE, engaged in the recycling of post consumer PET bottle waste into Recycled Poyester Staple Fibre (RPSF). The Company has two units located at Kanpur (U.P.) and Rudrapur (Uttarakhand), which consist of latest technology. As a reflection of its International Quality Standards, GPL holds ISO 9001:2008 certification for the manufacture and supply of RPSF. GPL today, is the largest player in the RPSF industry, with a total installed capacity of 57600 TPA. Ganesha Ecosphere Ltd was incorporated on October 30, 1987 with the name Ganesh Polytex Ltd. In the year 1988, the company commenced commercial production to produce Dyed & Doubled Yarn at Raipur (Rania), Kalpi Road, Kanpur Dehat (U.P.) with an installed capacity of the plant at 391 tpa and 360 tpa respectively. During 1995 it diversified into the business of manufacturing Recycled Polyester staple Fibre (Green Fibre) through recycling of post-consumer pet bottle waste. The plant and technology was imported from Korea and the initial capacity was of 6000 tpa, which was increased to 10800 tpa through expansion and debottlenecking. During 2006 company undertook expansion plan of Recycled PSF through setting up a new unit at Rudrapur (Uttrakhand). The expansion plan was completed in two phases - first phase of 7200 tpa was started during February, 2007 and second phase of 14400 tpa has been started during September, 2008. The company also expanded capacity of its Kanpur unit from 10800 tpa to 18000 tpa during 2008-09. The company further expanded its capacity of Rudrapur Unit by 18000 tpa, which has been commissioned during March, 2010. The name of the Company has been changed from Ganesh Polytex Ltd to Ganesha Ecosphere Ltd with effect from October 7, 2011.