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 comprises of 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 our product list. Their operations have 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.During the year 202425, Company has taken expansion plan to increase capacity of food cans by installing additional can lines at Bangalore to cover the southern region and also Mumbai to cover western region, expecting growth over the period. Company upgraded Printing Coating lines to improve quality and increase capacity to support enhanced capacity of Cans at Bangalore and Mumbai region.

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