Gagan Polycot India Ltd Company Summary

Gagan Polycot India Ltd Summary

Gagan Polycot India Limited was formerly incorporated as Gagan Sales Private Limited in June, 1988. The Company was converted to public limited company on February 01, 1995 under the name and the name of the Company was changed to Gagan Polycot Limited and a fresh Certificate of Incorporation was obtained on March 01, 1995.Presently, the Company is engaged in the manufacturing and marketing of textiles and associated products. It offers polyester and cotton products to wholesalers and retailers in North India. The company was formerly known as Gagan Sales Ltd. Prior to that Gagan Sales Ltd was known as Gagan Sales Pvt Ltd. The company was founded in 1988 and is based in Nasik, India.The GPIL made its initial public offer of equity shares on August 28, 1995 and got listed on Bombay (BSE), Ahmedabad, Vadodara and Delhi Stock Exchanges. The Company set up a factory in Vasai, Thane to manufacture Plastic Industrial & Automotive, Packaging, Stationary Items & Customized Products.The Company deals in Indian Market. It has installed the state of the art machines to produce an apt product to its clients Domestic & Exports. This Manufacturing Unit has been replenished to produce Disposable Surgical Products with apt machinery and laboratoryequipments installed at the facility. The Company started to market 18 fast moving products in range and is expanding the base to 40 more products which are required eventually either as an accessory to the main parts or can be used by its elf. It has visualized a gradual growth in this field with apt methodology. For the betterment of the progress of the business, it achieved the following licenses to produce these Products: Food and Drugs Administration (FDA); CE -Sterile; CE - Non Sterile; QMS ISO 9001:2008. Also, the Company is in preparation of a pact with the raw material suppliers on a bulk deal which can in turn increase the profitability.