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ASIA PACK LTD.

29 October 2025 | 03:31

Industry >> Realty

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ISIN No INE784M01016 BSE Code / NSE Code 530899 / ASIAPAK Book Value (Rs.) 138.12 Face Value 10.00
Bookclosure 30/09/2024 52Week High 130 EPS 1.55 P/E 35.81
Market Cap. 14.59 Cr. 52Week Low 48 P/BV / Div Yield (%) 0.40 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Asia Pack Limited was incorporated as a Private Limited Company on the 23rd April 1985 and converted into a Public Limited Company, by passing a Special Resolution in the Extra-Ordinary General Meeting held on the 8th June 1987. The change in name was effected from the 12th August 1987 by the Registrar of Companies, Rajasthan, at Jaipur.

The Company is presently engaged in the manufacturing of PP/HDPE woven fabric/sacks and merchant export activities. The existing manufacturing facilities are situated at H-34 to 39, RIICO Industrial Area, Udyog Vihar, Sukher, Udaipur. The Unit was set up with an installed capacity of 575 MT per annum for manufacturing of PP/HDPE woven fabric/sacks in 1987. The Unit was financed by way of Equity Capital of Rs. 11.70 lacs, Term Loan of Rs 52.16 lacs from RIICO (including Seed Capital Loan Rs. 9.50 lacs) and Rs. 29.10 lacs from RFC (Rajasthan Financial Corporation) and State Subsidy of Rs. 13.70 lacs. The Company commenced commercial activities in 1987-88.

RIICO, the Lead Institution, together with RFC rescheduled the repayment of term loan granted to the Company by extending the last date for repayment by two years. The reschedulement was granted in view of the mandatory Jute Order 1987, due to which higher incidence of exise duty and scarcity of raw materials had affected the working of the woven sack industries.

PRESENT ACTIVITIES.

The Company is an established supplier of PP/HDPE woven fabric/ sacks. Its main domestic customers are the Cement Units located in the States of Rajasthan and Madhya Pradesh. The Company has exported PP woven sacks through a Merchant Exporter. The Company has commenced merchant exports activity from the year 1992-93.

2009

--Registered Office of the Company has been shifted from 3rd Floor, Kriti Plaza, Panchwati, Udaipur - Rajasthan - 313001.to 3rd Floor, Miraj House, Panchwati, Udaipur - Rajasthan - 313001