Quality Foils (India) Limited was originally formed as a Partnership Firm under the Partnership Act, 1932 in the name of 'Quality Foils' pursuant to Partnership Deed dated October 03, 1989. The Company thereafter converted from Partnership Firm to a Private Company with the name 'Quality Foils (India) Private Limited' and received a certificate of incorporation dated May 08, 1990 from the Registrar of Companies, NCT of Delhi & Haryana. Subsequently, Company converted into Public Limited and renamed to 'Quality Foils (India) Limited' vide fresh certificate of incorporation dated November 25, 2022.
The Company is a manufacturer and exporter of Cold Rolled Stainless Steel Strips/ Coils and Stainless Steel Flexible Hose Pipes. The Company use raw material of premium quality i.e. Hot Rolled Stainless Steel Coils/Strips mainly from Jindal Stainless Hissar Limited, Hissar. Under their brand name 'Quality', it supply Products i.e. Cold Rolled Stainless Steel Coils/Strips in for manufacture of SS Tube/Pipe, Utensils, Cutlery, Kitchen Sinks, Stainless Steel Flexible Hoses and Automobile components and Flexible Hose pipes to major applications such as high temp & medium pressure for Hydraulic Oil, Hot Water, Steam & Gas applications, chemical resistant, exhaust systems of steel, power, petrochemical, sugar, automobile and many other heavy engineering sectors.
The Company has a single manufacturing plant which is located in Hisar district of Haryana. Apart from this, their manufact ...uring facility has CR Coils and Hose divisions with latest product-specific equipment and machineries including tube mills, Hydraulic Corrugator, Mechanical Corrugator, Carrier Braiding Machine, Hose Joining Station, draw benches, swaging machines, pipe straightening machines, TIG/MIG welding systems, etc. Its manufacturing facility has total installed capacity of 12,000 MTPA for CR Stainless steel coils/strips and 2,00,000 meters per annum for SS Hose pipes. In 2008, the Company launched a new product via Manufacturing of Flexible Hoses etc.
In March 2023, Company made a public issue by allotting a fresh issue of 7,54,000 Equity Shares of Rs 10/- each by raising funds aggregating to Rs. 5 Crore.
FAQs on Quality Foils (India) Ltd
1. Can I buy Quality Foils (India) Ltd from PL Capital? ›
Yes, you can invest in Quality Foils (India) Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Quality Foils (India) 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 Quality Foils (India) Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Quality Foils (India) Ltd pay dividends? ›
Quality Foils (India) 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 Quality Foils (India) Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Quality Foils (India) Ltd. is ₹ 58.4 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Quality Foils (India) Ltd ? ›
The 52-week high and low of Quality Foils (India) Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
