Stanpacks (India) Share Price

Stanpacks (India) Limited was incorporated on December 20, 1991. The Company is a unit of BLISS Group of Companies. Company is engaged in manufacturing of industrial packaging products. It pioneered in the field of packaging having served the industrial packaging industry which comprises of PP Woven Sacks, PP Kraft, Boppack and Stanfab. It manufactures filling and discharging machinery which are used for bulk packing of free flowing materials like granules, powders, etc. Stanpacks (India) Limited was started as a finance company in 1966 and since then, it diversified its activities to the industrial sector from 1970 onwards by reviving the sick packaging unit. In 199495, it had set up a project for integrated unit for the manufacture of HDPE woven sacks and tarpaulin with an installed capacity of 72 lac pa and 16 lac mtr pa, respectively. As a part of the project, it also acquired manufacturing facilities of three of its group concerns Polycoat Packaging Industries, Standard Packagings and Standard Paper Industries Corporation. To partfinance the project, the company came out with a public issue in May 95.During 199798 the company shifted its factories at Nerkundram and Thiruvottriyur to its new project at Sholavaram. The Company, at the instance of Indian Tobacco Company (ITC), has developed flexible, biodegradable and reusable jute boxes made out of heavy duty jute fabric to protect the quality of tobacco leaves during transportation and storage.During FY 202526, the Company enhanced the business by installing a fully automatic manufacturing machine as part of its ongoing focus on automation and technology upgradation. It made improvements in the production processes to optimise the operations. Company has initiated the installation of a solar rooftop power system during the year.