Company Shree Ajit Pulp and Paper Limited

Equities

SAPPL6

INE185C01017

Paper Packaging

Market Closed - Bombay S.E. 11:00:50 14/05/2024 BST 5-day change 1st Jan Change
229 INR +2.23% Intraday chart for Shree Ajit Pulp and Paper Limited +1.35% -19.32%

Business Summary

Shree Ajit Pulp and Paper Limited is engaged in the manufacturing of Kraft Paper (Testliner/Multilayer Testliner), which is used for manufacturing corrugated boxes. The Company operates through the paper segment. The Company's principal products/services include Multilayer Testliner (triple wire) and Testliner Paper (single wire). The Company manufactures Multilayer Testliner and Testliner Paper from approximately 80 to 300 grams per square meter (GSM) and approximately 18 to 35 busting factor (BF). The Company’s products are available in two shades, including Natural and Golden. Its product is used for making corrugated boxes, duplex cartons and corrugated small e-fluet as packaging material. The Company has two windmills for a capacity of approximately 2.75 megawatts (MW) in Gujarat State. The Company's manufacturing unit is located in the state of Gujarat, India at Morai, Vapi. Shree Samrudhi Industrial Papers Private Limited is a subsidiary of the Company.

Number of employees: 274

Sales per Business

INR in Million2022Weight2023Weight Delta
Multilayer Testliner and Testliner Paper
99.1 %
4,136 98.9 % 3,684 99.1 % -10.93%
Windmills
0.7 %
28 0.7 % 27 0.7 % -4.46%
Export Benefits (including Government Grant)
0.2 %
14 0.3 % 8 0.2 % -41.77%

Sales per region

INR in Million2022Weight2023Weight Delta
India
100.0 %
4,182 100.0 % 3,719 100.0 % -11.09%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 22/03/95
Director of Finance/CFO 59 06/02/15
Compliance Officer - 27/12/21

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 58 22/03/95
Director of Finance/CFO 59 06/02/15
Director/Board Member - 01/12/20

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 5,356,700 947,977 ( 17.70 %) 0 17.70 %

Company contact information

Shree Ajit Pulp & Paper Ltd.

Survey No. 239 Near Morai Railway Crossing

396191, Valsad

+91 26 0663 5700

http://www.shreeajit.com
address Shree Ajit Pulp and Paper Limited(SAPPL6)
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