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Shree Rama Multi-Tech Ltd.

BSE: 532310 Sector: Industrials
NSE: SHREERAMA ISIN Code: INE879A01019
BSE 00:00 | 05 Mar 11.85 -0.13
(-1.09%)
OPEN

12.00

HIGH

12.87

LOW

11.22

NSE 00:00 | 05 Mar 11.75 -0.10
(-0.84%)
OPEN

12.00

HIGH

12.85

LOW

11.15

OPEN 12.00
PREVIOUS CLOSE 11.98
VOLUME 141908
52-Week high 12.87
52-Week low 3.22
P/E 5.29
Mkt Cap.(Rs cr) 75
Buy Price 11.85
Buy Qty 154.00
Sell Price 11.85
Sell Qty 846.00
OPEN 12.00
CLOSE 11.98
VOLUME 141908
52-Week high 12.87
52-Week low 3.22
P/E 5.29
Mkt Cap.(Rs cr) 75
Buy Price 11.85
Buy Qty 154.00
Sell Price 11.85
Sell Qty 846.00

Shree Rama Multi-Tech Ltd. (SHREERAMA) - Company History

Shree Rama Multi-Tech (SRMTL) was formed as a partnership firm in the name of Shree Rama Packaging in the year 1986 and was subsequently incorporated as a public limited company on December 17 1993. The company has been promoted by two technocrats Vikram Patel and Sharad Patel who have a diverse experience in the packaging industry.The company manufacture process purchase sell import export and otherwise deal in laminated web material lamitubes flexible tubes and all types of films multi-layer films sheets containers bags pouches and articles made by using such web material films or sheets. The company is also an integrated packaging solutions provider to the fast moving consumer goods industry with focus on Plastic Laminated Tubes labels/stickers and speciality packaging & plastic products.SRMTL is the second largest company in India in Plastic Laminated Tubes and its technological capability enables it to offer the entire range of products including labels and stickers. The company also has technical co-operation Agreement with AISA Switzerland for tube making technology Taiyo Kikai Japan for printing technology Fujimori Kogyo Japan for laminate web technology and Barrier Films corporation for multi-layer film technology.The company came out with a public issue of 8055750 equity shares and offer for sale by existing members of 5592000 equity shares at a price of Rs 120/- per share in Feb. 2000. The offer was made to part finance the project for expanding the Plastic Laminated Tubes manufacturing capacity by 324 million from existing 316 million to 640 million and other related products including paper cups bags etc.SRMTL has floated a subsidiary company in the name of Shree Rama Multi-Pack(Guangzhou) to manufacture Plastic and Laminated Tubes in China. The project is expected to go on stream in the second half of the year 2001-2002.

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