Ganesha Ecosphere Limited (GESL) was incorporated on October 30, 1987 as 'Ganesh Polytex Limited', which subsequently got changed from 'Ganesh Polytex Limited' to 'Ganesha Ecosphere Limited' on October 7, 2011. The Company is a leading PET Waste recycling company in India and is engaged in the manufacturing of Recycled Polyester Staple Fibre (RPSF), Spun Yarn and Dyed Texturised Yarn (DTY). It operate three units located at Kanpur (U.P.), Rudrapur (Uttarakhand) and Bilaspur (Uttar Pradesh) with a cumulative manufacturing capacity of 1,18,800 TPA of RPSF and Yarn.
In year 1988, the company commenced commercial production to produce Dyed & Doubled Yarn at Raipur (Rania), Kalpi Road, Kanpur Dehat (U.P.) with an installed capacity of the plant at 391 tpa and 360 tpa respectively.
In 1995 it diversified into the business of manufacturing Recycled Polyester staple Fibre (Green Fibre) through recycling of post-consumer pet bottle waste. The plant and technology was imported from Korea and the initial capacity was of 6000 tpa, which was increased to 10800 tpa through expansion and debottlenecking.
In 2006 company undertook expansion plan of Recycled PSF through setting up a new unit at Rudrapur (Uttrakhand). The expansion plan was completed in two phases - first phase of 7200 tpa was started during February, 2007 and second phase of 14400 tpa has been started during September, 2008. The company also expanded capacity of its Kanpur unit from 10800 tpa to 18000 tpa during 200 ...8-09. The company further expanded its capacity of Rudrapur Unit by 18000 tpa, which has been commissioned during March, 2010.
The Company's green field project for manufacturing of spun yarn from Recycled Polyester Staple Fibre (RPSF) with an installed capacity of 25,920 spindles at Temra, Bilaspur, Distt. Rampur (U.P.) and expansion project to increase the existing recycling capacity at Kanpur unit by 9,000 TPA, had commenced commercial production w.e.f. 01.11.2013.
The Company commissioned its Bilaspur facility in 2013-14. It commissioned Temra Unit in increasing the existing Recycled Polyester Staple Fibre (RPSF) capacity by 21,000 TPA effective from 1st February, 2018.
In July, 2021, the Company acquired an under construction PET washing plant at Nepal by acquiring the entire shareholding of 'Ganesha Overseas Private Limited' (Formerly known as Essel Industries Nepal Private Limited). Accordingly, Ganesha Overseas Private Limited became a wholly-owned subsidiary of the Company.
Go Rewise launched by the Company in FY 2022-23 to close the plastic recycling loop and further rPET bottle grade chips launched in 2023.
The Company commenced commercial operation of its 3rd production line rPET Chips at its Unit situated at Warangal, Telangana on July 1, 2024.
FAQs on Ganesha Ecosphere Ltd
1. Can I buy Ganesha Ecosphere Ltd from PL Capital? ›
Yes, you can invest in Ganesha Ecosphere Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Ganesha Ecosphere 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 Ganesha Ecosphere Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Ganesha Ecosphere Ltd pay dividends? ›
Yes, Ganesha Ecosphere 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 Ganesha Ecosphere 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 Ganesha Ecosphere Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Ganesha Ecosphere Ltd. is ₹ 684.7 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Ganesha Ecosphere Ltd ? ›
The 52-week high and low of Ganesha Ecosphere Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
