South India Paper Mills Share Price

S I Paper Mills

CMP as on05-Mar-21 15:44

₹ 84.75
-0.45 -0.53%

Open

₹ 87.00

Turnover (lac)

₹ 1

Prev. Close

₹ 85.20

Day's Vol (shares)

₹ 5,913

Day's Range

₹ 84.05
₹ 87.00

South India Paper Mills (SIPM), incorporated in 1959, produces writing, printing and packing paper & paper boards from its Nanjangud factory.SIPM went public at a premium of Rs.50 per share in Dec. 1994, to part-finance the expansion of its paper manufacturing capacity from 57 tpd to 69 tpd and to set up a co-generation facility to produce 2.7 MW of power by processing steam, While the expanded capacity went on stream in Mar.95, work on the co-generation project commenced in Aug.95. The co-generation of power has considerable reduced the energy cost and improved its cost-competitiveness. The company has under taken an expansion project involving setting up of Turbo Generating set of 8 MW capacity for captive and suplus to grid, Electro Static Precipitator System, High Presure Boiler of 25 tph capacity and New Paper Machine at an outlay of Rs.41 Crores. The project was completed as per schedule in November,2002. The 141 MT per day was also completed in 2002. The above said project was funded by Term loans from Banks/Financial Institutions of Rs.25 crores and balance by Internal Accruals of Rs.16 crores.

  • Chairman & Managing Director

    Manish M Patel
  • Director

    Dineshchandra C Patel
  • Independent Director

    Jagdish M Patel
  • Independent Director

    S R Chandrasekara Setty
  • Independent Director

    M G Mohan Kumar
  • Director

    Ajay D Patel
  • Independent Director

    N S Kishore Kumar
  • Director

    Jitendra A Patel
  • Independent Director

    A S Girija
  • Company Secretary

    Vidya Bhat

Registered Office

Chikkayanachatra P O,
,Nanjangud,
Karnataka-571302

REGISTRAR OFFICE

Karvy Selenium Tow-B,
Nanakramguda,Hyderabad-500032
INDIA