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Uflex Ltd.

BSE: 500148 | NSE: UFLEX |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE516A01017 | SECTOR: Packaging

BSE Live

Aug 14, 16:00
326.00 -4.25 (-1.29%)
Volume
AVERAGE VOLUME
5-Day
17,741
10-Day
28,938
30-Day
23,059
9,360
  • Prev. Close

    330.25

  • Open Price

    331.95

  • Bid Price (Qty.)

    325.00 (1)

  • Offer Price (Qty.)

    326.00 (1)

NSE Live

Aug 14, 16:01
325.95 -4.75 (-1.44%)
Volume
AVERAGE VOLUME
5-Day
347,904
10-Day
435,177
30-Day
349,579
168,673
  • Prev. Close

    330.70

  • Open Price

    332.30

  • Bid Price (Qty.)

    325.95 (266)

  • Offer Price (Qty.)

    0.00 (0)

Company History - Flexituff Ventures International
Our Company was originally constituted as a partnership firm under the
 Indian Partnership Act, 1932 on January 22, 1966 under the name and
 style of Saurabh Potteries & Ceramics with its principal place of
 business at Indore with Mr. Badri Narayan Kalani & Sons (HUF), Ms.
 Padma Kalani and two others represented by their natural guardian as
 partners. Since  then,  the partnership was  reconstituted  from 
 time  to  time by way of admission of new partners or 
 resignation of the then existing partners. With effect from March 1,
 1993, the name of the partnership was changed to Naviska  Packaging 
 and  a  fresh  partnership  deed  was  executed.  The  partners  of 
 the Naviska  Packaging  were Indore Land & Finance Limited, Ms.
 Radhabai Kalani, Gagan Commercial Agencies Limited, Olive Commercial
 Company  Limited,  Ms.  Padma  Kalani,  Saka  Tradings  Private 
 Limited,  Manka  Commercials  Private  Limited, 
 Million Properties Private Limited and Alpine Properties Private
 Limited.  
  
 Thereafter,  pursuant  to  the  provisions  of  section  567  of 
 Part  IX  of  the Companies Act, Naviska  Packaging was converted
 into a private limited company as Naviska Packaging Private Limited
 on April 8, 1993. The subscribers to the  Memorandum  were  Ms. 
 Radhabai  Kalani,  Ms.  Padma  Kalani,  Indore  Land  &  Finance 
 Limited,  Gagan Commercial  Agencies  Limited,  Olive  Commercial 
 Company  Limited,  Saka  Tradings  Private  Limited,  Manka
 Commercials Private Limited, Million Properties Private Limited and
 Alpine Properties Private Limited.  
  
 The name of our Company was  changed  to Giltpac  International 
 India Private Limited w.e.f.  June 29, 2001. The name  of  our 
 Company  was  again  changed  to  Naviska  Packaging  Private 
 Limited  w.e.f.  January  01,  2003.  Our Company was converted into
 a public limited company and the name was changed to Flexituff
 International Limited w.e.f. April 25, 2003. 
 
 Key Events and Milestones of our Company  
 
 1993-94 
 
 Commencement of manufacture of HDPE / PP woven sacks. 
 
 Set up the Domestic Tariff Area (DTA) unit with a capacity of 1,380
 MTPA. 
 
 2002-03 
 
 Expansion of manufacturing capacity at DTA unit to 2,700 MTPA.
 
 2003-04 
 
 Conversion  to  public  limited  company  and  simultaneous  change 
 of  name  to
 Flexituff International Limited. 
 
 Commenced  production  at  Special Economic Zone  (SEZ)  unit with  a
  capacity  of
 7,800 MTPA. 
 
 2004-05 
 
 Expansion of manufacturing capacity to 5,200 MTPA at the DTA unit. 
 
 Receipt of BRC certifications for food grade packing. 
 
 2005-06 
 
 Receipt of AIB certifications for food grade packing. 
 
 2007-08 
 
 Expansion  of  manufacturing  capacity  to  23,000  MTPA  at  SEZ 
 and  DTA  units 
 collectively.  
 
 Incorporation  of  wholly  owned  subsidiary,  Eco  Polymers  Limited
  in  Bangladesh 
 (from which our Company disassociated in September, 2010.) 
 
 Investment of approximately ` 460 million by Clearwater Capital
 Partners (Cyprus)  Limited. 
 
 2008-09.
 
 Incorporation of wholly owned subsidiary Flexiglobal Holdings Limited
 in Cyprus. 
 
 Acquisition of majority stake in Satguru Polyfab Private Limited.   
 
 2009-10 
 
 Incorporation of wholly owned subsidiary Nanofil Technologies Private
 Limited in 
 Kashipur, Uttarakhand.  
 
 Establishment of a step-down subsidiary, Flexiglobal (UK) Limited in
 the UK. 
 Acquisition  by  Flexiglobal  Holdings  Limited  in  Lakshmi 
 Incorporated,  U.S.A 
 thereby making it an indirect subsidiary of the Company. 
 
 Establishment  of  a  new  plant  having  production  capacity  of 
 16,000  MTPA  at 
 Kashipur, Uttarakhand. 
 
 Awards and Accreditations  
 
 1.  ISO 9001:2008 certified for conforming to quality management
 system standards. 
 
 2.  ISO 14001:2004 certified for conforming to environmental
 management system standards.  
 
 3.  ISO 22000:2005 certified for conforming to food safety standards.
  
 
 4.  Complies with ISO-6 (class 1000) for Internal Bubble Cooling
 System. 
 
 5.  Complies with ISO-7 (class 10000) for Liner Section.  
 
 6.  Complies with ISO-8 (class 100000) for Liner Section (other than
 liner forming) 
 
 7.  Certificate  of  Conformity  dated  January  20,  2010  issued 
 by  Moody  International  Certification  India Limited  for  the 
 manufacture  of  Silt  Fence  Fabric  (FIL  124SF),  Silt  Fence 
 Fabric  (FIL100SF) Geotextile Fabric (FIL200G) and Geotextile Fabric
 (FIL 315G).  
 
 8.  Quality  certification  issued  by  Det  Norske  Veritas  (DNV) 
 certifying  that  our  Company  meets  the requirements  of  BRC/IOP 
 Issue  3  -  Global  Standard-  Food  Packaging  and  other  Packaging
 Materials, January  2008  in  category  1  in  respect  of manufacture
  of  poly woven  bags  and  FIBCs  for  food  contact applications.  
 
 9.  Recognition of Achievement  issued by AIB  International  for 
 the years 2011, 2009, 2008, 2007 and 2006 certifying that the Company
 has fulfilled the requirements of the AIB International Consolidated
 Standards for Food Contact Packaging Facilities Programmes. 
 
 10.  Top Exporter of FIBCs  (Jumbo Woven Bags)  and  the  highest 
 recognition  for  exports  from The Plastics Export Promotion
 Council, Govt. of India for the years 2008-09, 2007-08, 2006-07 and
 2005-06. 
 
 11.  Top Exporter  of woven  sacks/  fabrics  and  the  highest 
 recognition  for  exports  from The  Plastics Export Promotion
 Council, Govt. of India for the year 2002-03 and 2001-02 
 
 12.  Second Best Exporter of Plastic Tarpaulin and the highest
 recognition for exports from The Plastics Export Promotion Council,
 Govt. of India for the year 2004-05. 
 
 13.   Niryat  Shree  Award,  Certificate  of  Excellence  from 
 Federation  of  Indian  Export  Organisations  for outstanding export
 performance in the category Residual Products - Non SSI during the
 year 2004 -05. 
 
 
 2011
 
 - Flexituff International files offer document for IPO with SEBI.
 
 - Flexituff got 1.17 times subscription on the last day of
 subscription period.
 
 2012
 
 --Registered Office of the Company has been shifted to 2nd floor of
 Main Building, 19 R. N. Mukherjee Road, Kolkata - 700 001, (West
 Bengal) to 304, Diamond Prestige, 41-A, A. J. C. Bose Road, Kolkata -
 700017
 
 2013
 
 -The Company has Declaration of dividend @ 10% i.e. Rs. 1 per equity
 share for the Financial Year 2012-13.
 
 -Flexituff International plans to raise fund via issue of equity
 shares
 
 2014
 
 -Mr. D. K. Sharma, Asstt. Vice President- Corporate Affairs & Company
 Secretary has been elevated to Executive Director of the Company
 
 2016
 -Flexituff International has entered into a facility agreement with
 KKR India Financial Services Private Limited for debt fund raising
 upto Rs. 150 Crores including issue of debentures, if any.