RAJSHREE POLYPACK LTD Share price

Rajshree Polypack Limited was originally formed as a Partnership Firm under the Partnership Act, 1932 in the name of M/s Rajshree Industries, pursuant to a Deed of Partnership dated October 23, 2003. The name of M/s Rajshree Industries was changed to M/s. Rajshree Polypack pursuant to a Deed of Re-constitution dated September 1, 2011. The said Partnership was thereafter converted from a Partnership Firm to a Private Limited Company with the name of 'Rajshree Polypack Private Limited' on October 15, 2011. Subsequently, the Company was converted into a Public Limited Company and the name of the Company was changed to 'Rajshree Polypack Limited' on August 3, 2017. The Company is engaged in the business of manufacturing of barrier plastic rigid sheets, semi rigid sheets for FFS application and thermoformed primary packaging products & injection molded products for dairy, food and beverages industry. Products range includes packaging for dairy industry, food and beverages, bakery and confec?onaries, trays for sweet and snacks, punnets for fruits and vegetables, electronic packaging, Cosmetics, etc. In rigid packaging, it offer sheets of PP/APET/GPET/HIPS, which are sold for form-fill-seal' (FFS) application, for box making & vacuum forming applications. In 2004, the Company commenced commercial operations in Daman with Factory Unit - I. In 2009, it introduced fully automated thermoforming machines with German technology. In 2010, it introduced fully automated 6-colour printing machine in dry offset with Swiss technology in the Indian market; and introduced alternate decoration technology of shrink sleeving on containers in 2011. In 2012, the Company launched fully automated 8-colour printing machine in dry offset with Swiss technology in the Indian market. It started commercial operations in Daman with Factory Unit - II in 2013, It introduced high-tech extrusion machines for plastic rigid sheets with an Italian technology. In 2014, the Company introduced three station fully automated vacuum forming machine with German technology for punnets, trays, hinged containers, lids etc. In 2016, the Company introduced fully automated sleeving machine with indigenous technology. It began the commercial operations in Daman with Factory Unit III. The installed capacity was increased to 10000 MT per annum for sheet extrusion in 2016. In September 2018, the Company came up with a Public Issue of 29,60,000 Equity Shares by raising capital from public aggregating to Rs 35.52 Crores. In April 2022, the Company acquired 50.10% of the total equity shareholding of Olive Ecopack Private Limited. In 2023, a new PET Extrusion Line was installed at New Unit I. In 2024-25, Company started a new Paper Packaging Plant for food service industry, bearing the installed capacity of 12,000 MTPA, through the joint venture company, Olive Ecopark Pvt Ltd. The Unit 3 was setup at Somnath-Dabhel, Nani Daman in 2025. In 2024-25, extrusion capacity of the Company has increased by 4000MT from 20,000 MT of the FY 2024 to 24,000 MT of the FY 2025 and further Injection Moulding capacity increased by 1,800 MT from 1,500 MT of the FY 2024 to 3,300 MT of FY 2025 by improving its technical feature and strategy. It replaced obsolete forming equipment with new machines with robotic packing features, which reduced human interaction and maintained product hygiene. Company has installed a machine for Thermoforming by which the capacity increased by 2,250 MT from 9,270 MT of FY 2024 to 11,520 MT of the FY 2025.