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About Gujarat Raffia Industries
Gujarat Raffia Industries (GRIL), promoted by Ashok Chhajer and Pradeep Bhutoria, was established in 1984 to manufacture HDPE woven sacks. It is currently manufacturing high quality HDPE woven sacks for the fertiliser, cement and chemical industries with its major clients being GNFC, Orissa Cement (OCL), IFFCO, KRIBHCO, NFL, SAIL, Cement Corporation of India, U P Cement, etc.
GRIL gets its lamination done on a job-work basis due to lack of in-house lamination facilities. It has a production capacity of 792 tpa to manufacture laminated sheets with craft paper as also tarpaulin. The lamination plant went on stream in Mar.'93.
GRIL carried out an expansion-cum-diversification programme in 1992-93 to increase the capacity of the HDPE woven sacks from 360 tpa to 1008 tpa, with a new capacity of 792 tpa to manufacture laminated sheets and tarpaulin (cost : Rs 4.16 cr) which was part-financed by an equity issue.
The company increased its capacity for tarpaulins by 3177 tpa. It also widen its product range to make PP ropes with an installed capacity of 255 tpa (cost : Rs 16.14 cr). To part-finance this project, GRIL came out with a public issue of equity shares in Sep.'94.
The company commenced efforts its production by meeting Overseas customers personally.
Parent Organisation
Indian Private
Managing Director
Pradeep Bhutoria
Founded
1984
NSE Symbol
GUJRAFFIA
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What is the share price of Gujarat Raffia Industries Ltd (GUJRAFFIA) shares?
Gujarat Raffia Industries Ltd (GUJRAFFIA) share price as of October 11, 2024, on NSE is Rs 44.52 (NSE) and Rs 44.52 (BSE) on BSE.
Can I buy Gujarat Raffia Industries Ltd (GUJRAFFIA) from Angel One?
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1. Direct investment: You can buy Gujarat Raffia Industries Ltd (GUJRAFFIA) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Gujarat Raffia Industries Ltd (GUJRAFFIA) shares.
1. Direct investment: You can buy Gujarat Raffia Industries Ltd (GUJRAFFIA) shares by opening a Demat account with Angel One.
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