Nath Industries Ltd (502587)

Incorporated in 1980 as a private limited company Rama Pulp and Papers bacame a public limited company in 1983. The company put up its plant at Vapi Gujarat to manufacture industrial papers with an installed capacity of 10000 tpa. The main products of the company M G kraft and crepe paper enjoy a wide market in the packaging industry. It is a substitute for costlier traditional packaging material like jute bags etc for packing of cement sugar fertilisers polystyrene pellets minerals gums animal food motors etc. In 1986 the company expanded its capacity to 17000 tonnes of kraft paper. In addition it diversified its activities to produce new valueadded products such as lowgrammage kraft paper coated abrasive paper and highburst sack kraft paper. In 1989 the company proposed to establish another company called Rama Techno Paper Allied Industries at its existing premises at Vapi. The company expanded its product base to include blue match paper used in match boxes and hard tissue paper which is used for carbon paper bidi ciggarette wrappers tracing paper kites and colour tissues used in decoration. The company is heading towards a total capacity of 25300 tpa for valueadded papers and 18000 tpa for kraft paper.The company has now been taken over by Nath Pulp the flagship of the Nath group. The proposed amalgamation is to enable pooling of resources of both companies to face competition better.

Nath Industries Ltd Share Price: ₹53.00 per share as on 23 Mar, 2023 04:01 PM
Nath Industries Ltd Market Capitalisation: ₹113.91Cr as of today
Nath Industries Ltd Listing date: 01 Jan, 1990