Wim Plast Ltd

Wim Plast Ltd (WIMPLAST)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-13.41 %
3 Month Return-7.57 %
1 Year Return-23.67 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 7
Rank 3
Rank 2
Dividend Yield
Rank 6
Rank 27
Price To Book Ratio
Rank 11
Debt To Asset
Rank 40

Company Information

Jointly promoted by the Cello and M G Shah groups as a private limited company in Oct.88 Wim Plast WPL was converted into a public limited company in Jul.93. WPL came out with its initial public offering in Aug.94 to partfinance the project at Daman to manufacture 2020 tpa of injectionmoulded plastic furniture like chairs and tables. The cost of the project as appraised by IDBI was estimated at Rs 10.85 cr. The company went into commercial production from 1 Dec.94. The main products of the company are injectionmoulded plastic furniture like chairs tables etc. The range selected by the company are the latest and contemporary European designs having distinct features like vivid colour combinations ergonomically designed for maximum physical comfort lightweight 100 termite resistant low maintenance cost easy stackability and low cost. The product is marketed to households and institutional users. It will be marketing its products under the popular and wellestablished Cello brand name.The company has imported moulds from Italy at concessional customs duty under the EPCG scheme wherein it has an export obligation. The companys products from the initial response received from the market are gaining increased acceptance from customers. During 199899 it has increased its Plastic Moulded Articles installed capacity from 7810 MT to 11489 MT. It has also acquired four additional injection moulding machines from local seven additional moulds for chair teapoys from international market.The Companys new unit3 at Daman was successfully commenced in December 1999. The Company has tied up with M/s National Plasto Products Pvt Ltd. Calcutta to manufacture Cello brand moulded furniture. The company decided to float JV Company named CelloGQ Industries Ltd in Bangladesh and the new company will be for manufacturing and marketing the Companys plastic moulded furniture.
OrganisationWim Plast Ltd
HeadquartersNani Daman
IndustryPlastic products