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South India Paper Mills Share Price Live

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Small Cap | Paper

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About South India Paper Mills

South India Paper Mills (SIPM), incorporated in 1959, produces writing, printing and packing paper & paper boards from it's Nanjangud factory. SIPM went public at a premium of Rs.50 per share in Dec. 1994, to part-finance the expansion of its paper manufacturing capacity from 57 tpd to 69 tpd and to set up a co-generation facility to produce 2.7 MW of power by processing steam, While the expanded capacity went on stream in Mar.'95, work on the co-generation project commenced in Aug.'95. The co-generation of power has considerable reduced the energy cost and improved it's cost-competitiveness. The company has under taken an expansion project involving setting up of Turbo Generating set of 8 MW capacity for captive and suplus to grid, Electro Static Precipitator System, High Presure Boiler of 25 tph capacity and New Paper Machine at an outlay of Rs.41 Crores. The project was completed as per schedule in November,2002. The 141 MT per day was also completed in 2002. The above said project was funded by Term loans from Banks/Financial Institutions of Rs.25 crores and balance by Internal Accruals of Rs.16 crores.

Parent Organisation
Indian Private
Managing Director
Manish M Patel
Founded
1959
NSE Symbol
SIPAPER

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10th July 2024
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AngelOne
10th July 2024
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South India Paper Mills Ltd FAQs

South India Paper Mills Ltd (SIPAPER) share price as of July 24, 2024, on NSE is Rs 111.4 (NSE) and Rs 111.4 (BSE) on BSE.
Yes, You can buy South India Paper Mills Ltd (SIPAPER) shares by opening a Demat account with Angel One.
South India Paper Mills Ltd (SIPAPER) share can be bought through the following modes:
1. Direct investment: You can buy South India Paper Mills Ltd (SIPAPER) 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 South India Paper Mills Ltd (SIPAPER) shares.
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