You are here » Home » Companies » Company Overview » Voith Paper Fabrics India Ltd

Voith Paper Fabrics India Ltd.

BSE: 522122 Sector: Industrials
NSE: PORRITSPEN ISIN Code: INE285C01015
BSE 00:00 | 01 Jul 1006.15 -1.90
(-0.19%)
OPEN

1019.80

HIGH

1019.95

LOW

1002.00

NSE 05:30 | 01 Jan Voith Paper Fabrics India Ltd
OPEN 1019.80
PREVIOUS CLOSE 1008.05
VOLUME 170
52-Week high 1369.90
52-Week low 911.60
P/E 15.07
Mkt Cap.(Rs cr) 442
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1019.80
CLOSE 1008.05
VOLUME 170
52-Week high 1369.90
52-Week low 911.60
P/E 15.07
Mkt Cap.(Rs cr) 442
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Voith Paper Fabrics India Ltd. (PORRITSPEN) - Company History

Porritts & Spencer (Asia) (PSAL) a subsidiary of the UK-based multinational Porritts & Spencer started operations in 1974. Its manufacturing unit is located at Faridabad Haryana. PSAL has a technical collaboration with Porritts & Spencer UK which holds 59.21% of the equity of the company. During 1994-95 the company issued bonus shares in the ratio of 2:5.The company manufactures speciality engineered fabric called felt used in the wet and dryer sections of the paper board pulp sheeting industries and in the wet section of the cement industries. The 10-odd varieties of felts manufactured include wet and dryer felt calendering and decatising felt printing conveyors for textile-finishing machines denim-finishing felt and spiral linked dryer fabric. The company has entered the field of technical textiles. PSAL has also appointed selling agents outside India. The company has obtained the ISO 9001 certification from TUV Cert Germany. PSAL manufactures 100% filter fabric used for dry filtration felt used for ironing clothes and geo-textiles made out of 100% polypropylene used in laying railway track.During 1999-2000 due to the substantial acquisition of shares and takeover by Voith Bespannungstechnik GmbH- Germany which is one of the world leaders in paper technology now stands as a major and controlling shareholder of the company.

.