Paras Petrofils Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 113
Rank 114
Rank 140
Dividend Yield
Rank 42
Rank 196
Price To Book Ratio
Rank 94
Debt To Asset
Rank 140

Company Information

Incorporated on 20 Mar.91 as a public limited company Paras Petrofils PPL commenced business on 27 Mar.91. It was promoted by the Paras group of Surat which is engaged in the manufacturing / processing and trading in synthetic fabric such as sarees dress material and texturising of yarn.Devraj Jain is the present chairman and managing director. The other group companies are Paras Prints Paras Silk Mills Vir Silk Mills etc.In Jan.95 PPL came out with a Rs 10cr public issue to partfinance its Rs 28.51cr project to manufacture partially oriented polyester filament yarn POPFY with an aggregate capacity of 5740 tpa. The project is located in Palsana Surat. For the above project the company has entered into an MoU with Noy Val Lesina Switzerland for supply of plant and to render technical services. The company has engaged Tata Consulting Engineers for detailed engineering of the project.During the year 199697 the company started the commercial production of Partially Otiented Polyester Filament Yarn POY.
OrganisationParas Petrofils Ltd