About AUCKLAND INTERNATIONAL LIMITED Unlisted Shares
AUCKLAND INTERNATIONAL LIMITED commenced manufacturing Jute products by amalgamating The Auckland Jute Company Limited in 1980. The company’s manufacturing unit, Auckland Jute Mills is located near Kolkata. Auckland International Limited manufactures Odourless Tea Bag Cloth, Hessian, Canvas Cloth, Double Warp Tarpaulin Cloth, and Sacking A Twill Bags for Sugar packing & B Twill for other food grain packings. The company is also producing Scrim cloth, Felt, and A-type bags for food grains. The company’s products are well-known in India as well as in foreign countries.
Currently, the Jute Mill of the company has a rated capacity of 100 (TPD)Tonnes Per Day, out of which 30% is quality Hessian Fabrics and the remaining 70% sacking including D. W. Canvas and D. W. Tarpaulins. The company has installed Roof Top Solar Panels in Auckland Jute Mills. The solar power generated is used for manufacturing in the mills. The company is striving for higher progress in the few coming years and has taken plans for the upkeep of old machinery as well as installing new machinery. The equity share of Auckland International Limited is listed on the Calcutta Stock Exchange Limited,
INCORPORATION DETAILS
|
CIN |
L36934WB1977PLC031184 |
|
Registration Date |
30th September 1977 |
|
Category/Sub-category of the Company |
Company Limited by Shares |
|
Address of the Registered office and contact details |
Auckland Jute Mills, P O Jagatdal, North 24 Parganas, West Bengal-743125 Phone No.-033-25812757 E-mail Id - ail@aucklandjute.com |
|
Name, Address and Contact Details of Registrar and Transfer Agent, if any |
Niche Technologies Private Limited 3A, Auckland Place 7th Floor, Room No. 7A & 7B, Kolkata- 700017 Phone No.- 2280-6616/17/18/19 E-mail Id – nichetechpl@nichetechpl.com |
PRINCIPAL BUSINESS ACTIVITES OF THE COMPANY
|
Name and Description of main products/services |
NIC Code of the product/service |
% to total turnover of the Company |
|
Jute and Jute products |
131,139 |
100% |
BOARD OF DIRECTORS
Shri Mool Chand Singhi (Non-Executive Independent Director)
Shri Bimal Singh Rampuria (Non-Executive Director)
Shri Bijay Singh Baid (Non-Executive Director)
Shri Hirendra Singh Bayed (Executive Director)
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
AUCKLAND INTERNATIONAL LIMITED does not have any subsidiary or associate company.
AUCKLAND INTERNATIONAL LIMITED SHARE DETAILS
|
Total Available Shares: |
4106820 |
|
Face Value: |
Rs. 10 Per Equity Share |
|
Market Capitalisation |
Rs.57.50 Crore |
|
Pan No. |
AACCA1986A |
|
ISIN: |
INE907C01022 |
|
Lot Size: |
100 |
|
Last Traded Price: |
140 |
SHAREHOLDING PATTERN
(As on 31-03-2021)
|
S. No. |
Shareholder’s Name |
Number of shares |
% of total Shares of the company |
|
1 |
Promoter’s Shareholding |
29,50,947 |
71.855% |
|
2 |
Public Shareholding |
11,55,873 |
28.145% |
|
|
Total |
41,06,820 |
100.00% |
INDUSTRY OUTLOOK
India Ranks first in Jute production in the world. The Jute industry occupies an important place in the national economy of India. In India, Jute is mainly grown in Odisha, West Bengal, Assam, Tripura, Meghalaya, and Andhra Pradesh. There are about 170 jute mills in India, of which West Bengal has 60 jute mills. Jute Industry of India is a labour intensive industry and provides employment to around 4 lakhs workers in India. Moreover, Jute is the 2nd most abundant natural fibre in the world. Jute is used for handicrafts, carpet backings, curtains, sandals, carry bags, furniture, insulation, ropes, gunny bags, and many more.
The weather condition for growth of raw jute crop in the season of FY 2021 is expected to deteriorate compared to the previous season and with carry forward stock from previous year due to lockdown of 100 days, going forward prices of raw jute is likely to be balancing with an upward bias compared to the previous year.
During the present operating cycle, the demand for ‘B’ Twill bags from the Government Procurement Agencies continued to be decent; in fact Jute Industry could not fulfil the demand on several occasions as per the delivery schedule mainly because of bunching of orders by the Procurement Agencies and lower capacity utilisation resulting from shortage of manpower.
The Demand for ‘B’ Twill bags from the Government Agencies for packaging of food grains is estimated to be strong consequently there is an opportunity for the Jute Industry to enhance the production as much as possible & fulfil the demand. With the signing of tripartite agreement, minimum wages have increased significantly from Rs. 257 to Rs. 370 per day. Due to introduction of an attendance allowance, the hike in wages is likely to help in better availability of workforce in the coming year.
