Shree Ajit Pulp and Paper Ltd Shareholding Pattern
Promoter Holdings
59.603 %
FIIs
0.000 %
DIIs
0.000 %
MutualFund
0.000 %
Retail
35.406 %
Others -
4.991 %
About Shree Ajit Pulp and Paper Ltd
History of Shree Ajit Pulp and Paper Ltd
Shree Ajit Pulp and Paper Limited was incorporated as Private Limited Company on March 23, 1995 and converted into a Public Limited Company on November 13, 1995. The Company manufactures Multilayer Testliner & Testliner Paper in Vapi. This product is mainly used for making Corrugated Boxes, Duplex Cartons, Corrugated small e-fluet etc. as packaging material. The Company is having wheeling arrangement with GETCO and DGVCL whereby the set off is given to Company for generation of electricity from wind mills. The Company owns and operates manufacturing unit located in the state of Gujarat, India at Unit I-Morai, Vapi and Unit II, GIDC, Vapi.
The company came out with an public issue aggregating 3.15 Crores in October, 1996.
The Company started manufacturing quality kraft paper in 1997 with production capacity of 16,500 tonne per annum. Due to consistent efforts, continuous innovation, technological advancements, consistent quality products and huge base of satisfied customers, it increased production capacity to 1,08,000 tonne per annum.
The Company set up a subsidiary, viz. Ajit Export Inc. in the USA in 2006 and it ceased to be the subsidiary of the Company with effect from 6th December 2007 upon sale of shares held by the Company. Thereafter, the first phase of the modernization of the existing unit was commissioned costing Rs 6.43 Crores in 2007. The work on second phase of modernization and expansion of the existing unit got commissioned and was made operational ...in March, 2009.
The Company set up Wind Power Plant of 1.50 MW capacity at Miyana, Dist Rajkot, costing Rs 8.97 Crores, which was erected and commissioned in March, 2010 and it started generating power effective from 29th March, 2010. It also got into wheeling agreement with Gujarat Energy Transmission Limited for availing the power generated at their manufacturing plant at Vapi. Also, that the Company incorporated a fully owned subsidiary Shree Samrudhi Industrial Papers Pvt Ltd on 2nd April, 2010. It formed a 50:50 JV by incorporating a private Company, Shree Samrat Pulp and Paper Pvt Ltd. in 2010-11.
The Company setup a Wind Mill having capacity of 1.25 MW at Taluka Dwarka, in Dist. Jamnagar, which was commissioned costing Rs 6.38 Crores and started power generation with effect from 30th March, 2012. The Co-Generation Power Plant having 1.50 MW capacity was commissioned in October, 2013.
The?Company?completed?its?Commercial?Trial?production?at?Unit?II?with?Phase?I?machine?installations?on?01?January?2024.
FAQs on Shree Ajit Pulp and Paper Ltd
1. Can I buy Shree Ajit Pulp and Paper Ltd from PL Capital? ›
Yes, you can invest in Shree Ajit Pulp and Paper Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Shree Ajit Pulp and Paper Ltd pay dividends? ›
Shree Ajit Pulp and Paper 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 Shree Ajit Pulp and Paper Ltd ? ›
As of
06-Feb-2026 , 16:01:32 the share price for Shree Ajit Pulp and Paper Ltd. is ₹ 225.45 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Shree Ajit Pulp and Paper Ltd ? ›
The 52-week high and low of Shree Ajit Pulp and Paper Ltd share price is ₹ 180 - ₹ 293.95 as of
06-Feb-2026 , 16:01:32 .
