Poly Medicure Ltd Share Price Healthcare
₹ 1,439.80 -107.40 (-6.94%)

Promoted by Shree J K Baid, Shree Himanshu Baid, Shree B R Mehta, Shree Rishi Baid, Poly Medicure Limited was incorporated on 30th Mar.'95. The Company is in the process of setting up of the project for the manufacturing of disposable blood bags, I V cannula, Endotracheal Tubes, cold Therapy pads and common disposables. The company has come out with a public issue of 22,50,000 equity shares in Mar.'96. The company has entered into the collaboration with Martech Medical Products and Cold Ice Inc. of USA for technical know how transfer and joint marketing arrangement. Company has started commercial production by April' 97 with an installed capacity of Medical Disposables (16500000 Nos ) and Cold/Hot Therapy Packs (500000 Nos). During the year 1997-98, the company produced 51.06 lac nos. of Medical Disposables which constitute 42.60% of the installed capacity utilisation. The company exported its products of the value Rs. 50.28 lacs. The company has been assessed and registeres as an ISO 9002 company by SGS Yarsley International Certification Service Limited, United Kingdom. The export turnover for the financial year 1999-2000, was Rs.606 lacs as compared to Rs.308.50 lacs in the previous year.