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Jumbo Bag Ltd.

BSE: 516078 Sector: Industrials
NSE: JUMBO ISIN Code: INE699D01015
BSE 00:00 | 19 Oct 13.80 -0.68
(-4.70%)
OPEN

15.16

HIGH

15.16

LOW

13.80

NSE 05:30 | 01 Jan Jumbo Bag Ltd
OPEN 15.16
PREVIOUS CLOSE 14.48
VOLUME 182
52-Week high 23.15
52-Week low 12.00
P/E 9.26
Mkt Cap.(Rs cr) 12
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 15.16
CLOSE 14.48
VOLUME 182
52-Week high 23.15
52-Week low 12.00
P/E 9.26
Mkt Cap.(Rs cr) 12
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Jumbo Bag Ltd. (JUMBO) - Company History

Incorporated as a private limited company in Nov.'90, Jumbo Bag (JBL) was converted into a public limited company on 24 Oct.'91. It was promoted by G Sudhakar, G P N Gupta, G V Chalapathi, G Muralidhar and G Radhakrishna. JBL entered into a technical collaboration with Structure Flex (SFL), UK, to supply know-how and technical information and assistance for mass production of jumbo bags. The company came out with a public issue in Jun.'94 to finance the manufacture of flexible intermediate bulk containers. JBL set up a 100% EOU to manufacture flexible intermediate bulk containers (FIBC) (inst. cap. : 7 lac bags pa). Production, expected to commence in Oct.'94, began only in Feb.'95. During 1999-2000, the company has signed a long term agreement with a Japanese company for supply of hygiene bags which will help the company to establish its credentials for further export.