Incorporated on 20 March, 1991 as a public limited Company, Paras Petrofils Limited (PPL) commenced business on 27 March, 1991. The Company promoted by the Paras Group of Surat had carried on the business of manufacturing of Nylon and Polyester Yarn, Trading of Fabric and Commission Activity. However, the operation closed down due to adverse market condition and as a result, the surplus fund of the Company was parked in the form of loans and advances.
In Jan.'95, PPL came out with a Rs 10-cr public issue to part-finance its Rs 28.51-cr project to manufacture partially oriented polyester filament yarn (POPFY) with an aggregate capacity of 5740 tpa. The project is located in Palsana, Surat. For the above project, the company has entered into an MoU with Noy Val Lesina, Switzerland, for su ...pply of plant and to render technical services. The company has engaged Tata Consulting Engineers for detailed engineering of the project.
During the year 1996-97, the Company started the commercial production of Partially Oriented Polyester Filament Yarn (POY).
During the year 2004-05, the Company installed 2 MW Natural Gas based Captive Power Plant, which was started from Nov'04. In 2010-11, it manufactured nylon yarn along with its existing capacities of polyester yarn.
The most significant change in the Indian textile industry has been the advent of man-made fibres (MMF). India has placed its innovative range of MMF textiles in almost all the countries across the globe.
1. Can I buy Paras Petrofils Ltd from PL Capital? ›
Yes, you can invest in Paras Petrofils Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Paras Petrofils 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 Paras Petrofils Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Paras Petrofils Ltd pay dividends? ›
Paras Petrofils 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 Paras Petrofils Ltd ? ›
As of
04-11-2025 the share price for Paras Petrofils Ltd. is 2.14 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Paras Petrofils Ltd ? ›
The 52-week high and low of Paras Petrofils Ltd share price is ₹ 2.04 - ₹ 3.82 as of
04-11-2025 .
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