Incorporated in 1977, Gujarat Petrosynthese Limited, was headed by founder Promoter, R M Thakkar. The Company is engaged in Manufacture of polymer alloys and blends. In 1990, the company increased its capacity to 6,250 tons per annum. In the same year, the company diversified into the shipping business by acquiring a chemical carrier.
In 1995, the Company and Karnataka State Industrial Investment and Development Corporation (KSIIDC) had set up a joint venture in Bangalore in technical and financial collaboration with China National Chemical Construction Corporation to manufacture polymer blends, an import substitute.
In 1996-97, the joint sector project, Karnataka Petrosynthese Ltd., Bangalore commenced commercial production. In 1997-98, the company embarked on an extensive restructuring of its activities to meet the challenges of the new liberalized environment. The various initiatives taken by the Company in this regard were 1) Strategic alliance with Indian Petrochemicals Corporation Limited. 2) Restructuring the Company's activities through modification of Organisation Structure, Human Resource Development, Cost Cutting Program, Product mix, Strengthening Research & Development efforts & to work towards new product development and value addition.
Karnataka Petrosynthese Limited (KPL) was merged with the Company effective from April 1, 2001, which became its Polymer Blends and Alloys Division. In 2002-03, Company issued 8,34,401 Equity shares of Rs.10/- each to t ...he shareholders of the erstwhile Karnataka Petrosynthese Limited (KPL) pursuant to the amalgamation of Karnataka Petrosynthese Limited with the Company.
In 2004-05, the Company hived off the Polybutene Division and transferred the assets and liabilities of the said Unit to its wholly owned subsidiary Company - Gujarat Polybutenes Pvt. Ltd. effective April 1 2005. In 2022-23, the Scheme of Merger between Gujarat Polybutenes Private Limited (GPPL) and the Company was made effective from July 01, 2020.
FAQs on Gujarat Petrosynthese Ltd
1. Can I buy Gujarat Petrosynthese Ltd from PL Capital? ›
Yes, you can invest in Gujarat Petrosynthese Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Gujarat Petrosynthese 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 Gujarat Petrosynthese Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Gujarat Petrosynthese Ltd pay dividends? ›
Gujarat Petrosynthese Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Gujarat Petrosynthese Ltd ? ›
As of
19-Mar-2026 , 16:01:42 the share price for Gujarat Petrosynthese Ltd. is ₹ 60 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Gujarat Petrosynthese Ltd ? ›
The 52-week high and low of Gujarat Petrosynthese Ltd share price is ₹ 51.5 - ₹ 81.51 as of
19-Mar-2026 , 16:01:42 .
