Shree Manufacturing Company Ltd

Shree Manufacturing Company Ltd (503863)


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

Shree manufacturing Company was incorporated in Nov.76 to take over the assets and liabilities of Indian Copper Corporation ICCL. ICCL was nationalised in 1972 by the Government of India and ICCL was paid a compensation of Rs 7.50 cr. Initially the company was engaged in investment business. Subsequently it set up a spinning mill with 15840 spindlecapacity for the manufacture of synthetic blended yarn in the Medak district of Andhra Pradesh. Commercial production commenced in Apr.84.The Company issued 287000 12 Cumulative Redeemable Preference Shares of Rs. 100/ each to ICICI Ltd. in lieu of outstanding term loan of 2.87 crores on private placement basis. The Company has become a Sick Company as its accumulated losses have exceeded its net worth. The company enter into an agreement with SBIthe operating agency for OTC of their dues.
OrganisationShree Manufacturing Company Ltd