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Resins & Plastics Ltd Share Price

Resin and Plastics Company Fundamental

Company Name
Resins and Plastics Limited
Scrip Name
Resins Plastics
Last Traded Price
525.00
-0.94 %
Sector
Other
PAN No.
AAACR1888C
Face Value
10
No. of Outstanding Shares
4,172,300
EPS
27.74
PE ratio
18.93
Market Capitalization
219.05 Crore
Book value
258.83
P/BV
2.03
52 Week High
530.00 (07/11/24)
52 Week Low
404.00 (10/05/24)
Lifetime High
530.00 (07/11/24)
Lifetime Low
333.00 (07/10/21)
Day High
525.00
Day Low
525.00
ISIN No.
INE422F01017
Available on
cdsl
ROFR Require
No

Resin and Plastics Share Price Performance

Resins and Plastics Limited Unquoted/Illiquid Shares - Company Overview

RESINS & PLASTICS LIMITED  is a pioneer in the manufacturing and marketing of Synthetic Resins in India. Resins & Plastics Limited started its operations in 1971. The company’s product portfolio has a wide range of products – Alkyds, Acrylics, Polyamides, Phenolic, Polyurethane, and Maleic Resins. Today, Resins & Plastics Limited has pan India sales network /distributors providing technical service and support to small, and large & MNCcustomersoperating in SurfaceCoatings, Adhesives, Printing Inks, and construction chemicals. The company exports to neighboring countries of India and are planning to expand it to other countries. Resins & Plastics Limited has 3 manufacturing facilities, One located at Maharashtra Industrial Development Corporation (MIDC), Taloja in Maharashtra, and Two at Gujarat Industrial Development Corporation (GIDC), Ankleshwar in Gujarat. Both of these facilities are located close to shipping ports.

The company has a well-equipped R&D center that is recognized by the Government of India and it leverages technology to achieve a competitive advantage for its customers.

Pragati Chemicals Limited (hereinafter referred to as ‘PCL’) has been merged with Resins & Plastics Limited with effect from 1st April 2019 vide National Company Law Tribunal (NCLT) order dated 25th June 2020. Pragati Chemicals Limited manufactures Amino Resins, Ketonic Resins, and Epoxy Resins.

Resins and Plastics Limited Unquoted Share Details as of March 31, 2023

Resins and Plastics Outstanding Shares: 41,72,300
Face Value of Resins and Plastics Unquoted Share: Rs. 10 Per Equity Share
ISIN of Resins and Plastics Unquoted Share: INE422F01017
Lot Size of Resins and Plastics Unquoted Share: 100 Shares
Resins and Plastics Share Price: Best in Industry
PAN Number of Resins and Plastics: AAACR1888C

Resins & Plastics Limited Incorporation Details

CIN of Resins & Plastics

U25209MH1961PLC012223

Registration Date of Resins & Plastics

22 December 1961

Resins & Plastics Registered office address and contact details

A-8 Marol Industrial Estate of MIDC,

Cross Road B, Street No. 5,

Andheri (East), Mumbai 400 093; Tel.: 61987000

Resins & Plastics Registrar and Transfer Agent address

Link Intime India Private Limited

C-101, 247 Park, L.B.S. Marg, Vikhroli (West),

Mumbai – 400 083

Resins & Plastics Limited Principal Business Activities

Name and Description of main products/services

NIC Code of the product/service

% to total turnover of the Company

Synthetic Resins

3022

38.29%

Resins & Plastics Limited Board of Directors

Shri Dhiren P. Mehta, Chairman

Shri Rupen A. Choksi, Managing Director

Shri Ashwin S. Dani, Director

Smt. Dipika A. Vakil, Director

Shri Bharat B. Chovatia, Director

Shri Chetan S. Thakkar, Director

Smt. Hemangi N. Modi, Director

Resins & Plastics Limited Shareholding Pattern (As of 31-03-2023)

S. No.

Shareholders’ Name

Number of shares

% of total Shares of the company

1

Promoters Shareholding

36,94,363

88.54%

2

Public Shareholding

4,77,937

11.46%

 

Total

41,72,300

100%

Industry Outlook

Synthetic Resins are primarily used in Adhesives, Construction Chemicals, and IndustrialCoatings & Printing Inks Industries. The raw materials used in manufacturing synthetic resins witnessed price fluctuation during FY 2020.

In FY 2021, automation, higher production, and increased sales of existing and new products would be the main thrust areas for resin manufacturers.

The Global resin market is projected to increase significantly due to the rise in demand for sustainable packaging for water bottles and other items.

The resin market is segmented geographically into the Asia Pacific, the Middle East and Africa, Europe, North America, and Latin America. Among these markets, Asia Pacific is in the dominant position and has the largest market share in the resin market at present. This growth has mainly come from emerging economies such as India, China, and Japan. China is one of the biggest consumers of resin.

The future of Resin market in India looks bright with opportunities in transportation, marine, wind energy, aerospace, pipe & tank, construction, electrical and electronics, and consumer goods.

In view of the restrictions imposed by regulatory authoritiesdue to COVID-19 lockdown, the production and sales were adversely affected for a few days during the FY2020. All the operations were disrupted since mid-March 2020 and the industry saw partial commencementof production from May 2020. Resins & Plastics Limited has now commenced operating across its all the three plants after takingrequisite government permissions.


 

FAQS ON RESINS & PLASTICS LTD UNLISTED SHARES

 

Q1) What is the main business of Resins & Plastics Ltd?

Resins & Plastics Ltd is one of the market leaders in the manufacturing and marketing of synthetic resins in India.

 

Q2) What is the face value of Resins & Plastics Ltd's share?

The face value of Resins & Plastics Ltd share is Rupees 10/-

 

Q3)  Is Resins & Plastics Ltd a profit-earning company?

Yes, Resins & Plastics Ltd is a profit-earning company.

 

Q4) What is the current Resins & Plastics Ltd share price?

You can easily find Resins & Plastics Ltd share price on wwipl.com or you can contact us 

Resin and Plastics Annual Report

Resins and Plastics Annual Report 2023-24

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Resins and Plastics Annual Report 2022-23

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Resins and Plastics Annual Report 2021-22

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Resins and Plastics Annual Report 2020-21

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Resins and Plastics Annual Report 2019-20

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