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About Western India Plywoods

The Kerala based Western India Plywoods Ltd., is the largest integrated wood processing complex in the country. and was incorporated in the year 1945. It is engaged in manufacturing of Plywood, Hardboard, densified wood. The company also manufactures UF & PF Resins, Resorcinol Formaldehyde, Glass Reinforced Plastics, Prefurnished Boards, DAP resin and Monomer, UV Top Coat and Base Coat. The Hardboard plant with an installed capacity of 12.5 tonnes was set up in 1959-60 with West German technical collaboration. Now this division with an total installed capacity of 34750 MTPA is the market leader in Hardboards. In 1978, WIP has set up a plant for manufacturing Di-allyl Phthalate (DAP) Moulding powder, a thermoset which had to be imported until then, The technology was developed in-house with support from Shree Ram Institute of Industrial Research, Delhi. In 1989, the company put up a pre-finishing plant for direct printing wood grains and plain colours onto hardboards and plywoods using UV radiation cured surface finishes. The pre-finishing plant is the only one of its kind in the country and one of the few in the World. WIP is the first company to obtain ISO 9002 certification for Hardboards and pre-finished boards. In May,2003 there was major fire accident in the factory which had destroyed substantial portion of the financial products and the machinery items and equipments. The company is taking severe steps in formulating aggresive marketing strategy especially for its premium products.

Parent Organisation
Indian Private
Managing Director
T Balakrishnan
Founded
1945
NSE Symbol
WIPL

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10th July 2024
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10th July 2024
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The Western India Ply Ltd FAQs

The Western India Ply Ltd (WIPL) share price as of July 18, 2024, on NSE is Rs 160.66 (NSE) and Rs 160.66 (BSE) on BSE.
Yes, You can buy The Western India Ply Ltd (WIPL) shares by opening a Demat account with Angel One.
The Western India Ply Ltd (WIPL) share can be bought through the following modes:
1. Direct investment: You can buy The Western India Ply Ltd (WIPL) 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 The Western India Ply Ltd (WIPL) shares.
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