Shree Karthik Papers Limited (SKPL) was originally incorporated on December 18, 1991 as a Private Limited Company under the name of Sree Karthik Papers Private Limited. Subsequently the name of the company was changed to Shree Karthik Papers Private Limited on April 11, 1994. It become a Public limited company on April 13, 1994. The Company is primarily engaged in the business of manufacturing of Papers.
SKPL was established to manufacture writing and printing paper at Village Kottur, Pollachi Taluk, District Coimbatore in the State of Tamilnadu. The project was originally envisaged for setting up a paper mill to manufacture 8480 tpa of writing and printing paper. After discussions with suppliers and consultants the company revised the capacities to 13350 TPA and the same was appraised ...by IDBI in May,1992 and the cost was Rs.1276 lacs. The company commenced its commercial production on February,1995.
The company came out with a public issue in December,1994 and the issue was oversubscribed by more than 10 times.
As a value addition the company is planning to go in for manufacture of Newsprint.
The company was declared as a Sick Company by BIFR during the year 1999 and has appointed IDBI as the operating agency to formulate a Rehabilitation Scheme.
The Company had made a reference to the Board for Industrial and Financial Reconstruction (BIFR) and IDBI was appointed as Operating Agency (OA). The BIFR after hearing, sanctioned the Rehabilitation Scheme vide its order dated 07 February, 2007, which envisaged writing down of paid up capital by 50% induction of fresh capital of Rs.600 Lakhs by Promoters group and conversion of interest due to the extent of Rs.50 Lakhs to IDBI as equity. After implementation of these directions of Hon'ble BIFR, the paid up capital of the company stood as 955.50 Lakhs divided into 19110000 Equity Shares of Rs.5/- each.
1. Can I buy Shree Karthik Papers Ltd from PL Capital? ›
Yes, you can invest in Shree Karthik Papers Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Shree Karthik Papers 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 Karthik Papers Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Shree Karthik Papers Ltd pay dividends? ›
Shree Karthik Papers 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 Karthik Papers Ltd ? ›
As of
05-12-2025 the share price for Shree Karthik Papers Ltd. is 8.09 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Shree Karthik Papers Ltd ? ›
The 52-week high and low of Shree Karthik Papers Ltd share price is ₹ 7.5 - ₹ 13.5 as of
05-12-2025 .
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