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Newtime Infrastructure Ltd.

BSE: 531959 Sector: Infrastructure
NSE: N.A. ISIN Code: INE997D01021
BSE 00:00 | 02 Mar Newtime Infrastructure Ltd
NSE 05:30 | 01 Jan Newtime Infrastructure Ltd
OPEN 27.60
PREVIOUS CLOSE 27.60
VOLUME 8814
52-Week high 27.60
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 470
Buy Price 27.60
Buy Qty 36.00
Sell Price 0.00
Sell Qty 0.00
OPEN 27.60
CLOSE 27.60
VOLUME 8814
52-Week high 27.60
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 470
Buy Price 27.60
Buy Qty 36.00
Sell Price 0.00
Sell Qty 0.00

Newtime Infrastructure Ltd. (NEWTIMEINFRA) - Company History

Incorporated as a private limited company in Jul.'84 Kumaon Pharmacpas and Chemicals was converted into a public limited company in May '95. Originally promoted by P K Singh Bimla Singh and V S Devendra Kumar the company was taken over by Harish Belwal in Feb.'94.The company set up manufacturing facilities for the manufacture of bulk drugs like 6 amino penicillinic acid (inst. cap. : 120 tpa); ampicillin trihydrate (inst. cap. : 30 tpa) and amoxycillin trihydrate (inst. cap. : 90 tpa) at Ramnagar (Nainital district) Uttar Pradesh. It came out with a public issue of 37.5 lac equity shares of Rs 10 each for cash at par aggregating Rs 375 lac in Apr.'96 to part-finance the project.The company entered into a MoU in Sep.'95 with Medicare Products US for the export of its products. The company expects to supply nearly 50% of its production. Medicare Products will market the company's products in south-east Asia far-east Asia middle-east Asia Africa and north and south America.

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