ORIENTAL TRIMEX LTD Share price

Oriental Trimex Limited was incorporated as a Private Limited Company on 22 April 1996 and later on converted into Public company on February 06, 2001. Presently, the Company engage in the trading of building material, processing of marble and mining of granite. The marble processing units are located at Greater Noida in NCR, at Singur near Kolkata and Gumidipoondi near Chennai. Additionally, it operate two mines in Odisha, including one currently producing the renowned Lavender Blue Granite. In 2001, the Company commissioned marble processing unit at Greater Noida with a licensed and installed capacity of 12,600 MT per annum whereby the Company initiated the process of processing of imported as well as indigenous rough marble blocks into slabs/tiles. The Company further acquired small granite processing unit at Rairangpur, Orissa with a capacity of 650 MT. Presently, the Company is sourcing its raw material requirements through imports and indigenous sources. The Company is importing rough marble blocks for meeting its raw material requirement from Middle East, South East Asian Countries, Greece, Egypt, Spain, Turkey and Italy and sells its after processing in the domestic market to institutional as well as retail customers either directly or through wholesalers. The Company also imports semi processed marble slabs for raw material requirement from these countries including Srilanka apart from sourcing marble slabs and blocks indigenously. During the year 2007, Company acquired the rights from the department of mines, Government of Orissa for mining of decorative stone (minor minerals) at village Potteru in Malkangiri District of Orissa through a prospecting license. In order to finance the expansion program, the Company came out with its Initial Public Offer in February, 2007 through which, it issued 93,11,875 Equity Shares of Rs.10 each, at a price of Rs. 48 per equity share and raised a sum of Rs.4469.70 lakhs. Resultant, the paid up equity share capital of Company increased by 9,31,18,750 thus aggregating to Rs. 14,81,52,080 as on 31 March, 2007. The Company completed its expansion plan at Greater Noida unit by increasing its production capacity from 12600 MTPA to 25200 MTPA during June 2008 and commissioned Marble Processing Unit at Gumidipoondi near Chennai in the State of Tamilnadu with production capacity of 12600 MTPA. It started marketing operations of products at Mumbai by opening a Marketing Outlet at Malad in January 2009. Another state of art Marble processing unit with processing capacity of 12600 MTPA was commissioned in Singur, West Bengal in March, 2010. The Company's Singur Unit commenced production during August 2010. It set up three new exclusive franchisee with registered brand name 'Rare Earth' in Dehradun, Cuttack and Bhatinda in 2018. The Company has announced the opening of a new showroom and warehouse for the Rare Earth' brand of Marble Design Vitrified Tiles, located in H-Block, Greater Noida in FY25. It is near major infrastructure projects, including the upcoming Jewar Airport, which enhances the region's attractiveness for private sector investments. This new facility specialises in producing vitrified tiles that emulate imported marble, driving the company's growth and significantly boosting sales. The Jet-Black Granite Quarry commenced operations in 2026. New warehouse-cum-showroom has been inaugurated in Greater Noida market in 2026.