Shetron Share Price

Shetron Limited was promoted by Divakar S Shetty and his Associates jointly with the Karnataka State Industrial Investment Development Corporation, under the name Shetron Metals, in Jun.80. The name was subsequently changed to Shetron in December, 1989. It is a prominent manufacturer of metal packaging, including food cans and battery components. The Company commenced production in 1984, which constitute metal packaging. Shetron, being a global supplier of Food cans and Ends, strives for food safety and process efficiency in the customers factory. It comprise the Fruits, Vegetables, Meat Products, Sea Foods, Sweets, and Savories or Paints and Chemicals. It added products like Twistoff caps, Penny Liver Ends(RLT), Shaped cans, and Conipails to product list. The business expands operating in two factories, Bangalore and Mumbai.In August, 1993 the company came out with a public issue at a premium of Rs 30 aggregating Rs 9.22 cr. The issue was to partfinance the setting up of manufacturing facilities for open top sanitary cans at Bangalore, Karnataka, with an installed capacity of 4800 tpa. The project cost was appraised by IDBI was Rs 20.48 cr. In 199394, SL executed a contract to import advanced technology for the manufacture of dry battery cell jackets and components.In 200607, the Joint Venture Company formed between Shetron Ltd and Metropak A/s , Denmark for the manufacture of SAF KAPS on a 50:50 basis started its commercial operations in April, 2007. Glud Marstrand A/S, Denmark, a Scandinavias largest producer of metal packaging acquired Metropak A/S. The Company started Industrial Packaging for nonagro products in 2023.The Company commissioned and operationalized a new production line in Mumbai to expand the western markets in FY26. It initiated an expansion plan by installing additional lines at the Bangalore facility to increase the lugcap food can capacity.

For the full year FY2019–2020, revenue reached ₹166.62 crore and profit touched at ₹1.79 crore.