Suncare Traders Share Price

Suncare Traders Limited was incorporated in Gujarat, as Suncare Traders Private Limited, on January 22, 1997, with the Registrar of Companies. Subsequently, the Company converted into Public Limited Company and the name was changed to Suncare Traders Limited on April 11, 2000.In December 2015, the Company came up with a Public Issue of 37,84,000 Equity Shares by raising capital aggregating Rs 24.21 Crore.Till the year 201617, the Company operated in same business segment of trading in laminates, plywood/mdf and apart from tradingthe Company found out a new avenue of solar power generation business and acquired a stake of 49.07% in Madhav Power Private Limited, which engaged in Solar Power Project.The Company is engaged in the business of trading into Laminates, Plywood/MDF. Company is a distributor of laminates, MDF in Gujarat and, later on in year 2009, it started various branch at Hyderabad, Jaipur, Chennai, Bhiwandi, and Chandigarh. At present, the Company has its branch at Jaipur for catering the demand of Rajasthan and at Bhiwandi for catering the demand of Maharashtra. It is focused on providing laminates with surface finishing such as Gloss finishing (mirror sheen finish), Matt (dull or lusterless surface) Suede Finishing, Rainwood Finishing, Lumera Finishing etc.

For the full year FY2022–2023, revenue reached ₹12.56 crore and profit touched at ₹0.68 crore.