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SHISHIND

Small Cap | Plastic products

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About Shish Industries

Shish Industries Limited was originally formed as Partnership firm in the name and style of 'Shish Industries' through Partnership Deed dated July 5, 2012. Subsequently, the Constitution of Partnership Firm was changed through Partnership Deed dated September 15, 2012. Further, the Constitution of Partnership Firm was changed through Partnership Deed dated January 9, 2017 and Partnership Firm was converted into Public Limited Company with the name 'Shish Industries Limited' on May 11, 2017 vide Certificate of Incorporation issued by Registrar of Companies, Central Registration Center. The Company is engaged in manufacturing of 'Saffguard' and 'Stagguard' which are twin wall or Multi Wall Boards made from Plastic resin bought from world's best manufacturer. The Company manufacture mainly 1.3 meter width corrugated sheets ranging from 2mm to 5mm thickness and 1.6 meter ranging from 2mm to 12mm thickness. It manufacture Plastic fluted boards which are available in various thicknesses and colors ranging from 1.5 mm to 15 mm depending upon the requirement of the client. The plastic corrugated sheets are flexible and as well as tough, to use in various industries and application like Construction - Building, Humanitarian Relief, Signage Board, Pet enclosures Packaging, Hobby Applications, Medical, Advertisement etc. PP corrugated 3Ply sheet, a remarkable hollow plastic sheet, features a clever design comprising two sturdy parallel plates inter connected by vertical ribs. This innovative construction offers exceptional strength and durability. Their innovative and sustainable products and services are built for heavy duty products that enable efficient movement, storage, and protection of goods across diverse industries. PP/PE Woven Products include woven bags, sacks, fabric and more which offer versatile and durable solutions for packaging, transportation, and storage, used in agriculture, construction, logistics industries and more. Thermal Insulation Products ensure energy efficiency, prevent heat transfer, and maintain temperature control in diverse applications such as buildings, HVAC systems, industrial processes, etc. Consumer products ensure the safe storage and transportation of temperature-sensitive products, such as food, pharmaceuticals, etc. maintaining their integrity and freshness. Apart from this, the Company is also exporting its products to various countries viz U.A.E, Myanmar and Oman and also enhance its production capacity by installing additional machinery for manufacturing variety of products especially Polypropylene (PP) Corrugated Plastic Rolls which is an extruded 3ply and 5ply (GSM from 275GSM > 1000GSM) fluted PP corrugated plastic sheets consisting of two / multi flat walls connected by vertical ribs. In F.Y. 2014-15, the Company started manufacturing of Plastic Twin wall and Multi wall corrugated sheets in Surat, Gujarat. In FY 2015-16, it started exporting its products to various countries viz U.A.E, Myanmar and Oman and also enhance its production capacity by installing additional machinery for manufacturing variety of products especially Polypropylene (PP) Corrugated Plastic Rolls which is an extruded 3ply and 5ply (GSM from 275GSM > 1000GSM) fluted PP corrugated plastic sheets consisting of two / multi flat walls connected by vertical ribs. The Company came up with a Public Issue by way of issuing 13,52,000 Equity Shares and by raising of equity capital aggregating to Rs 4.05 Crores in August, 2017.

Parent Organisation
Indian Private
Managing Director
Satishkumar Maniya
Founded
2017
NSE Symbol

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Community Discussion

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AngelOne
23th April 2024
Shish Industries Limited Enters Five-Year Trade Agreement with BCP Shish Industries Limited signed a five-year trade agreement with Best Construction Products Inc. (BCP) for a minimum export value of USD 37.5 million. On April 22, 2024, Shish Industries Limited (SIL) informed in an exchange filing that the company had signed a trade agreement with Best Construction Products Inc. (BCP), a USA-based entity, for a period of five years, for a minimum export of USD 37.5 million (approximately ₹312 crores present value). Details of the Collaboration Shish Industries Limited, which is involved in the Industrial Plastic Products industry, received a significant order from Best Construction Products Inc., a USA-based company. As per the terms of the agreement, Shish Industries Limited will supply various agreed products that are important for construction purposes to BCP over a period of 5 years, amounting to a minimum of USD 37.5 million. The parties have agreed on dynamic pricing based on raw material pricings, actual freight charges, quality assurance and more. The agreement also highlights the minimum commitment purchase by BCP year on year and compensation of 3% for any shortage in that, given as an advance deposit to Shish Industries Limited. Commenting on the collaboration, the Chairman and Managing Director of SIL, Satishkumar Maniya, said, "We are thrilled to enter into this partnership with Best Construction Products Inc. This agreement reflects our dedication to providing high-quality products in thermal insulations, vents, etc., to clients globally and underscores our position as a trusted supplier in the industry.” He further added, “We are already exporting more than 65% of our products, and this collaboration shall only increase it. We have acquired a number of businesses and increased our production capacities in the last one year. And this partnership validates our expansion plans, globally acceptable products and our strategies. We are thankful to Best Construction Products Inc. for this long-term partnership and trusting our Indian brand and capabilities.” On this collaboration, BCP stated, “We share Shish Industries’ enthusiasm for the collaboration. We are excited to partner with the Shish Industries to import our procurement needs for construction industry products. This agreement aligns with our commitment to sourcing reliable and top-quality products and ensuring the highest standards of construction for our clients.” In the last week, Shish Industries Limited also declared its FY 2023-24 results while reporting robust growth with ₹88.38 crore consolidated income, up 25.67% YoY, and ₹8.04 crore profit after tax, up 18.58%. On April 23, 2024, the share price of Shish Industries Limited opened at ₹160.00, touching the day’s high at ₹172.05, as of 12:25 PM on the BSE. Disclaimer: This post has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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Shish Industries Ltd FAQs

Shish Industries Ltd (Shish Industries Ltd) share price as of July 26, 2024, on NSE is Rs 130.8 (NSE) and Rs 130.8 (BSE) on BSE.
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