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Prima Plastics Ltd Plastic products
(%)
  • NSE
  • BSE

Overview

  • BSE Code 530589
  • NSE Symbol
  • ISIN Demat INE573B01016
  • Book Value (₹) 68.51
  • Face Value (₹) 10.00
  • Market Cap (₹ Cr.) 161.32
  • P/E (TTM) 38.49
  • EPS (TTM) 3.81
  • Div Yield (%) 1.36

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About Prima Plastics Ltd

Prima Plastics was formally created and deployed as a legal entity as a public limited company on 17 Nov.'93. The company came out with a public issue in Apr.'95.

The company has created and deployed a factory at Daman, to manufacture plastic moulded furnitures and consumer durables like plastic chairs, dining tables, briefcases, overnighters, storage bins, etc, with an installed capacity of 3024 mtpa. The company sources its raw materials from Polyolefins India, Reliance and IPCL.

For the first time in India, the company manufactured plastic dining tables through the straight injection moulding process. It also manufactured briefcases and overnighters without the use of metal.

During 1997-98, the company has completed expansion project of Rs 10 crores to increase the production capacity by 2025 TPA.

The company always brought new innovative furniture models for the ultimate comforts to the customer, it also first first moulded furniture company to introduce High-back chair and dining tables.

The company has decided in principle to sell/ dispose its manufacturing facility at Unit I at Daman. The BOD has approved this proposal in its meeting dt. Jan 31, 2004.

Founded: 1993
Chairman: Bhaskar M Parekh
Managing Director: Dilip M Parekh
Address: 98/4 Prima House Kadaiya, Daman Industrial Estate, Nani Daman, Daman & Diu, 396210,
HO Tel: 91-22-28574768/69