Stanpacks (India) Ltd (530931)

Stanpacks India is a public limited company that was incorporated as a private limited company in December 1991. It manufactures filling and discharging machinery and HDPE jumbo bags used in bulk packing of free-flowing materials like granules and powders. It has a collaboration agreement with Bagfilla Overseas UK for technical knowhow, manufacturing specifications and assembling instructions. In 1994-95, it set up an integrated unit for manufacture of HDPE woven sacks and tarpaulin with a 72 lac capacity per annum and 16 lac meter capacity per annum respectively. It also acquired manufacturing facilities of three of its group concerns for the project and came out with a public issue in May 1995. Certified with ISO 9002, the company won the prestigious India Star Award 1994 by the Indian Institute of Packaging and the World Star for Packaging 1994 by the World Packaging Organisation. At the instance of Indian Tobacco Company (ITC), Stanpacks India developed flexible biodegradable and reusable jute boxes that protect the quality of tobacco leaves during transportation and storage. Recently, it also received the India Star 98 award for the development of CENTRAL SEAMLESS KRAFT LINED PP/HDPE WOVEN SACK.

Stanpacks India is a leading public limited company in India, renowned for its manufacturing of various packing and protective materials. Founded in December 1991 and converted into a public limited company in August 1994, Stanpacks India manufactures filling and discharging machinery and high-density polyethylene (HDPE) jumbo bags for the bulk packing of granules, powders, and other free-flowing materials. With the help of its collaboration with Bagfilla Overseas UK for technical know-how, manufacturing specifications and assembling instructions, the company constructed an integrated unit for the manufacture of 72 lac HDPE woven sacks and 16 lac meters of tarpaulin per annum in 1994-95. Furthermore, it acquired the manufacturing facilities of three of its group concerns to finance the project and publicly released these stocks in May 1995. Stanpacks India has also achieved ISO 9002 certification for the manufacture of filling and discharging machinery and other packing materials. Moreover, it received the India Star Award 1994 by the Indian Institute of Packaging and the World Star for Packaging 1994 by the World Packaging Organisation. Moreover, Stanpacks India also developed the flexible biodegradable and reusable jute boxes made out of heavy duty jute fabric at the

Share Price: ₹12.58 per share as on 17 May, 2024 04:01 PM
Market Capitalisation: ₹7.31Cr as of today
Listing date: 01 Jan, 0001