Archidply Industries Ltd (ARCHIDPLY)

The Company was incorporated on September 5 1995 as ATP Silvi Products Limited. Until 2005 ATP Silvi did not carry any manufacturing activities. Mr Deen Dayal Daga Mr Shyam D Daga Mr Rajiv D Daga and Assam Timber Products Private Limited have promoted the Company. ATP Silvi was incorporated with the aim of raising tree other plantations on wasteland. Thereafter it was thought that ATP Silvi could manufacture medium density fibre boards MDF panels and uses the plantations for own consumption.Subsequently in June 2005 the Company has received recommendation of CEC for grant of licence for manufacture of plywood and particleboard at Rudrapur Uttarakhand. In March 2007 the company name was changed to Archidply Industries Limited.In 1995 The Company Individual Promoters acquired The Mysore Chipboards Limited TMCL which had two manufacturing divisions namely plywood and block board and particle and laminated board the Manufacturing Divisions located at Mysore. TMCL had been closed for about 7 years since 1988 after the acquisition the manufacturing activities were successfully revived and TMCL commenced manufacture of plywood which were marketed under the trademark and label Archidply since 1995.Assam Timber Products Private Limited ATPL was engaged in the business of manufacturing plywood block board and decorative plywood and has been marketing its products under trademark and label Archidply nationally through their dealers and distributors network since 1976. Pursuant to a Deed of Assigment dated July 8 2000 Assam Timber Products Private Limited transferred all its proprietary rights in the mark Archidply alongwith the goodwill of business relating to the goods in respect of which such trademark was used to TMCL. ATPL factory at Assam was shut down in December 1996 following the Honble Supreme Courts Order directing closure of all wood based industries located in the States of Assam and Arunachal Pradesh. However ATPL continued with its trading activity thereafter.Scheme of Demerger with effect from April 1 2005 Appointed Date both the Manufacturing Divisions of The Mysore Chipboards Limited that were functional at that point of time were demerged and merged with ATP Silvi Products Limited and the production continued after demerging. All assets and liabilities of the Manufacturing Divisions including the mark Archidply were transferred to the Company.

Archidply Industries Ltd Share Price: ₹55.70 per share as on 23 Mar, 2023 04:01 PM
Archidply Industries Ltd Market Capitalisation: ₹123.76Cr as of today
Archidply Industries Ltd Revenue: ₹106.35Cr as on December 2022 (Q4 22)
Archidply Industries Ltd Net Profit: ₹2.31Cr as on December 2022 (Q4 22)
Archidply Industries Ltd Listing date: 07 Apr, 2008
Archidply Industries Ltd Chairperson Name: Deen Dayal Daga