Company History - Gujarat Raffia Industries
The company was incorporated on the 30th July, 1984 in the state of
Gujarat and obtained certificate for commencement of busienss on 15th
Sept, 1984. The Registered Office of the company is situated at
Ahmedabad, its factory at village: Budasan and Mehsana.
The company commenced operations in 1984 as a small scale unit with
an installed capacity of 360 MTPA for HDPE Woven Sacks with only one
extrusion line and graduated to Medium Scale Sector in 1992 by
expanind the capacity.
In the year June 1992, the company undertook an
expansion-cum-diversification scheme envisaging expansion of capacity
of HDPE Woven Sacks from 360 MTPA to 1008 MTPA and diversification
into manufacture of 792 MTPA HDPE Sheets laminated with kraft paper
and PE Tarpaulin. The cost of the scheme was estimated at Rs. 434.51
lakh. This was financed by equity shares in the month of November,
1992 at a premium of Rs. 6/- per share and internal accruals. The
promoters holding in the present paid up capital is 40%.
With the growing export demand for PE Tarpaulin, GRIL has proposed to
set up a new project for manufacture 3177 MTPA of PE Tarpaulin and
also widen the product range by manufacturing 255 MTPA of PE Ropes.