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Shaily Engineering Plastics Ltd.

BSE: 501423 Sector: Industrials
NSE: SHAILY ISIN Code: INE151G01010
BSE 00:00 | 27 Sep 1892.60 -29.60
(-1.54%)
OPEN

1911.05

HIGH

1911.05

LOW

1851.60

NSE 00:00 | 27 Sep 1891.90 -18.85
(-0.99%)
OPEN

1960.00

HIGH

1960.00

LOW

1850.60

OPEN 1911.05
PREVIOUS CLOSE 1922.20
VOLUME 658
52-Week high 2323.00
52-Week low 1500.00
P/E 50.34
Mkt Cap.(Rs cr) 1,736
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1911.05
CLOSE 1922.20
VOLUME 658
52-Week high 2323.00
52-Week low 1500.00
P/E 50.34
Mkt Cap.(Rs cr) 1,736
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Shaily Engineering Plastics Ltd. (SHAILY) - Company History

Shaily Engineering Plastics Ltd (Shaily) had its humble beginnings in 1987 with 2 injection molding machines at Halol Gujarat (Western most part of India). Shaily was setup by Mike Sanghvi to fulfill a gap in the market by providing precision engineering plastic molded components. Traditionally since its inception Shaily has always specialized in manufacturing plastic components from high performance and ultra high performance polymers however Shaily now also processes all commodity polymers in high volumes as well.In 1994 Shaily setup its second facility at Rania Gujarat that is now the company's headquarters. Today Shaily has four facilities with a total of 65 injection molding machines ranging from 35TONS to 800TONS including a dedicated ISO Class 8 clean room manufacturing facility. Over the years Shaily has not only strengthened its area of expertise but has also integrated all post molding services such as pad printing vacuum metalizing hot stamping hot foiling ultrasonic welding vibration welding and assemblies.Shaily has in the fiscal year 2007 undergone major expansions to accommodate its growing business from clients such as Ikea MWV and Electrolux. Having cultivated a work culture of continuous improvement Shaily constantly invests in new technologies to provide the customers with the best possible product at the lowest possible cost. It has in the past year setup a fully automated molding & assembly line with high speed hybrid Husky injection molding machines to manufacture a pharmaceutical packaging product for one of its customers. It has also made investment in IQMS ERP solutions.

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