Arnav Corporation Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 138
Rank 141
Rank 158
Dividend Yield
Rank 31
Rank 248
Price To Book Ratio
Rank 96
Debt To Asset
Rank 158

Company Information

Polypro Fibrils I was incorporated as a private limited company in Sep.87. It was originally promoted by Ambrish Chheda and B M Gajjar. The management could not finalise the activity to be undertaken by the company due to their preoccupations. Therefore since incorporation there was no specific activity till 1993. After Dec.92 when D J Chaturvedi joined the Board the management decided to set up manufacturing units for tarpaulin and synthetic ropes. The present promoters are D J Chaturvedi Harish Parikh Parimal Parikh and Ashwin Deepala. The company became a public limited company in Dec.94.The company set up an integrated plant for manufacturing synthetic ropes inst. cap. : 1900 tpa and tarpaulin inst. cap. : 500 tpa at Wada Maharashtra. Commercial production of tarpaulin commenced in Mar.95. It came out with a public issue of 1807000 equity shares of Rs 10 each for cash at par aggregating Rs 180.70 lac in Dec.95 to partfinance its project.The company has a buyback arrangement with MTET the UAE.
OrganisationArnav Corporation Ltd