Commercial Syn Bags Limited was incorporated on 10 December, 1984 at Indore, Madhya Pradesh. The Company is carrying on the business of manufacturer, producers, processors, importers, exporters, buyers and sellers of FIBC, BOPP, Bulk Bags, Poly Tarpaulin, Woven Sacks/Bags, Pond Liners, Box Bags, PP/ HDPE Fabric, Liner, Mulch Film, Technical Textiles and Flexible Packaging etc. from its various Plants located at Pithampur, District Dhar, (M.P). The Company is working in 2 Segments i.e., Manufacturing and Trading.
The Company is Del-credere Agent cum Consignment Stockiest of ONGC Petro additions Limited (OPaL) and owns and operates solar power
generation plant at Village Galihara, Dharakhedi, Tehsil Sitamau and Dist. Mandsaur for generation of electricity and its captive consumption.
The Company introduced a new product category namely printed laminates for flexible packaging and installed flexible packaging machines; consisting of Roto Gravure Printing Machine; Solvent less/Solvent base combi Machine, Slitting Machines, Pouch Machine, which are used for printing, lamination and pouching on films. These printed pouches or rolls were then used as packaging materials in the packaging industry in 2016.
Commercial production at Company's SEZ Unit situated at Indore Special Economic Zone, Plot No. 15 to 18, Phase-1, Sector-III, Pithampur (MP); commenced effective from 22nd April, 2018 with revised estimated total cost of Rs.3,460 Lakhs and the Company expanded operations ...at its existing Unit SEZ situated at Pithampur (MP); through capacity addition of 3,900 MT p.a. and setting up of complete manufacturing facilities by installation of Tape Line and Looms with clean room facilities for manufacturing of Food Grade FIBC Bags. The total production capacity (all units) of the Company increased from 13,100 MTp.a. to 17,000 MTp.a. in 2017-18.
Thereafter, the Company incorporated Comsyn India Private Limited as a wholly owned subsidiary effective on August 26, 2020.
FAQs on Commercial Syn Bags Ltd
1. Can I buy Commercial Syn Bags Ltd from PL Capital? ›
Yes, you can invest in Commercial Syn Bags Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Commercial Syn Bags Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Commercial Syn Bags Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Commercial Syn Bags Ltd pay dividends? ›
Yes, Commercial Syn Bags Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Commercial Syn Bags Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Commercial Syn Bags Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Commercial Syn Bags Ltd. is ₹ 167.12 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Commercial Syn Bags Ltd ? ›
The 52-week high and low of Commercial Syn Bags Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
