Shree Rama Multi-Tech Share Price

Shree Rama MultiTech Limited (SRMTL) was initially formed as a Partnership Firm in the name of Shree Rama Packaging Limited in 1986 and was subsequently incorporated as a Public Limited Company in December, 1993. The Company has been promoted by two technocrats, Vikram Patel and Sharad Patel, who have a diverse experience in the packaging industry. The Company is engaged in providing primary packaging solution. It currently manufacture a wide and diverse range of packaging products such as laminated tubes, Tube laminates and Flexible laminates. These products are primarily used for oral care, pharmaceuticals, cosmetics and fastmoving consumer goods (FMCG) sectors. Companys major product is laminated Tubes and laminates, which is used for packing products in paste or gel form.The company came out with a public issue of 80,55,750 equity shares and offer for sale by existing members of 55,92,000 equity shares at a price of Rs 120/ per share in Feb. 2000. The offer was made to part finance the project for expanding the Plastic Laminated Tubes manufacturing capacity by 324 million from existing 316 million to 640 million and other related products including paper cups, bags etc.SRMTL floated a subsidiary company in the name of Shree Rama MultiPack(Guangzhou), to manufacture Plastic and Laminated Tubes in China in 2022. It commissioned the State of Art Tandem Extrusion Coating Line during year 200405. Shree Rama (Mauritius) Limited was incorporated as wholly owned subsidiary in Mauritius during year 202324.