| Ramgopal Polytex Limited (RPL) was incorporated as a public limited company on 28th March 1981 and obtained certificate for commencement of business on 7th April 1981. The company became a private limited company on 23rd October, 1984 and was again converted into public limited company on 20th July 1992. The company has been promoted by the
Ramgopal group headed by Mr. Mohanlal Jatia.
The Ramgopal Group is one of the earliest participants in the yarn trading market in India by setting up Ramgopal & Sons in 1962. The Company is presently engaged in the yarn processing and manufacture of draw twisted yarn at Acchad, Maharashtra.
RPL had set up a project costing Rs 822 lacs in 1992 for manufacture of draw twisted yarn at Village Amgaon, Dist Talasari, Thane with a installed capacity of 1290 TPA. The said project was commissioned in May,1993 and the entire project was fully operational in January, 1 994.
By July 1994 operating capacity was 85%
The company has developed trading activities of supply of Polyvinyl Alcohol through imports from M/s. Itochu Corporation Japarl and has already booked business worth Rs.78.75 lacs during the year 1993-94 and achieved a turnover of Rs 90 lacs in three months of 1994-95. Ramgopal Polytex Ltd has been recently appointed as sole selling agents for India. (with the exception of Reliance Industries Ltd.), for marketing of Polyvinyl Alcohol manufactured by Unitika Kasai Co. Ltd., Osaka,Japan. On an average RPL expects to import 4 to 5 containers (76-95 MT) of PVA per month from M/s Itochu Corpn., Japan.
The company expects to establish itself in activities of trading i.e.imports of PVA and manufacturing of large volumes of processed yarn, a part of which it expects to exports.
2012
--Registered Office of the Company has been shifted to Greentex Clearing House, B-1, 2 & 3,Gosrani Compound, Rehnal Village,Bhiwandi, Thane - 421 302 Maharashtra.
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