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About Shree Krishna Paper Mills & Industries
Shree Krishna Paper Mills & Industries, established in 1972 turned public from private in 1986. Till Oct '86, the company functioned in it's original incorporated name Shree Krishna Paper Products Pvt Ltd. The company manufactures Paper, Coated paper, Thermal Sensitive paper. The company manufactures various types of coated papers which include chromo paper and art paper. It sells its products under the Senso Cote and Silver Cote brand names.
In 1974, the company took over a paper unit located at Bahadurgarh from Bansal Paper Mills. The company then undertook a major modernisation programme. Over the years, the company has increased its capacity to 12,000 tpa.
The company, in 1989, acquired Bhargava Papers Pvt Ltd which has a unit at Ghaziabad, Uttar Pradesh. This manufacturing unit is non-operational at present. The company decided to acquire this unit to expand its existing activities but, at a later date, an additional plot of land adjacent to the existing plant at Bahadurgarh, Haryana, was purchased by it. Since it was not logical to have two sets of similar organisations and manufacturing facilities in two different places, it decided to dispose off this unit to concentrate on the diversification and expansion plans at the Bahadurgarh unit.
Shree Krishna Paper Mills came out with a Rs 4.37-cr public issue in 1995 to part-finance a project to manufacture thermal sensitive paper (fax paper). The company has a technical agreement with Hansol Paper, South Korea, to manufacture fax paper. This project was delayed due to delay in the machinery imported, however the production was commenced during 1996-97 for the project.
The company is setting up a new unit with a capacity of 20000 TPA for manufacturing of paper at an semi developed land acquired from RIICO at Kotputli, Rajasthan. The company has also decided to produce Inkjet papers.
Parent Organisation
Indian Private
Managing Director
None
Founded
1972
NSE Symbol
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What is the share price of Shree Krishna Paper Mills Industries Ltd (Shree Krishna Paper Mills Industries Ltd) shares?
Shree Krishna Paper Mills Industries Ltd (Shree Krishna Paper Mills Industries Ltd) share price as of November 8, 2024, on NSE is Rs 43.5 (NSE) and Rs 43.5 (BSE) on BSE.
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1. Direct investment: You can buy Shree Krishna Paper Mills Industries Ltd (Shree Krishna Paper Mills Industries Ltd) 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 Shree Krishna Paper Mills Industries Ltd (Shree Krishna Paper Mills Industries Ltd) shares.
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