Caprihans India Ltd
NSE: CAPRIHANS BSE: 509486
₹95.25
-1.65 (1.70%)
Fri, 23 Oct 2026, 00:53 pm
Market Cap (in Cr)141.71
PE Ratio0
Dividend0
Process Industries
Containers/Packaging
24.5KCaprihans India Ltd Company History
1946
- The Company was incorporated on 11th April as a Private Limited Company.
1955
- The company decided to enter into the manufacturing field and obtained a license for the manufacture of flexible and rigid polyvinyl chloride films and sheets.
1961
- A new factory was started at Kurla, Mumbai for the manufacture of decorative and industrial laminates.
1962
- A new plant for the manufacture of extruded acrylic and high impact polystyrene sheet for the refrigeration industry was set up.
1965
- The Company started manufacturing leather cloth by lamination of PVC film or sheet to various fabrics.
- The Company started a partnership firm called Sun Coated Paper Co.
1967
- 2,500 shares were issued without payment in cash.
- Bonus shares were issued as follows: 4,500 shares in May 1962 and 15,750 shares in March 1966.
1968
- 15,750 bonus shares were issued in proportion 1:2.
1969
- A new unit was set up in the MIDC estate at Thane which went into production.
- Sun Coated paper Co. became a division of the company consequent upon the dissolution of the partnership.
1971
- A new factory was set up in Kolshet-Thane and the old plant at Kurla was also shifted to Kolshet.
- 80,325 bonus shares were issued in proportion 17:10.
1974
- The company undertook to set up a paper mill in the MIDC Industrial Area at Roha, Maharashtra.
1975
- The company was converted into a Public Limited Company on 16th September.
- Shares were subdivided during 1973-74.
- 5,42,193 bonus shares were issued in proportion 17:40.
1978
- The company obtained an industrial licence for the manufacture of 1,050 tonnes of plastic hollow corrugated boards.
- The existing shareholders of the company were offered 10,90,800 No. of equity shares of Rs 10 each of the company at par.
1981
- Letter of intent was received to increase the production capacity of PVC sheets to 9,000 tonnes per annum.
- The company installed a plant for manufacture of foam leather cloth by release paper process at Nasik.
- The company converted its fixed assets consisting of land at Roha and Sewri into Stock-in-Trade of real estate business.
1982
- It was proposed to carry out the paper manufacturing activity as a separate entity and transfer the same to a wholly-owned subsidiary.
1985
- The company revalued its land and buildings at factory premises and certain plant and machinery as on 30th June.
1989
- The performance on the domestic as well as exports front improved and turnover and sales stood higher.
- The Company issued 2,00,000-14% secured non-convertible debentures of Rs 100 each on private placement basis with financial institutions.
1992
- The company installed two additional calendaring units with a combined capacity of 8,400 tonnes for manufacturing PVC films and sheetings.
- The company issued 9,53,612-18% secured partly convertible debentures of Rs 240 each for cash at par.
- The company undertook Internal Energy Audit system.
- The company developed Anti-radar Camouflage Net for the Ministry of Defence.
1993
- The company entered into the field of Real Estate.
- The company developed a property for the construction of multi storeyed residential-cum-commercial complex at Mumbai.
- The company made a Right Issue of 18% Secured Partly Convertible Debentures.
- The Camouflage Net was successfully launched and repeat orders were received from the Government.
1994
- The company proposed to set up PVC foam leather cloth plant at Nasik.
- The company entered into a technical collaboration agreement with China General Plastic Corporation, Taiwan.
- The company privately placed 6,40,000 No. of equity shares with financial institutions at a premium of Rs 250 per share.
- The company issued 5,63,000 warrants to promoters and their associates.
- The company introduced Voluntary Retirement Scheme for its employees at Laminates Unit.
1995
- Margins were under pressure due to increase in input cost without corresponding increase in the prices of finished goods.
- 3,36,690 shares were allotted on conversion of Warrants at a price of Rs 210 per share.
1996
- The profitability was adversely affected due to weak prices for PVC films, low productivity and capacity utilisation.
- The Company re-appraised the plan to set up PVC foam leather plant and decided not to proceed with the same.
- 18,36,756 bonus shares were allotted in proportion 2:5.
1997
- 66,98,325 No. of equity shares of Rs 10 each were allotted on preferential basis at a premium of Rs 47 per share.
- The Company entered into a technical and financial collaboration with Vereinigte Kunststoffwerke GmbH (VKW).
1998
- The Company installed a Calendering Unit at Nasik with an installed capacity of 7200 MT.
- The Company introduced a Voluntary Retirement Scheme for its employees at Head Office and Branches.
- The Company restructured its organisation to provide considerable emphasis on Quality and Customer service.
- The Company computerised several areas of operations.
- Mr. C. P. Gaspar was appointed as a Director of the Company.
1999
- The Company's profitability was adversely affected due to an unprecedented increase in the price of PVC resin and other polymers.
- The Company entered into 3 years wage settlements with its employees at Thane and Nasik factories.
- The Company was presented the GOLDEN STATUS CERTIFICATE from the Ministry of Commerce, India, for its continuous performance as Export House.
- The Company received the Best Export Performance Award for the year 1997-98 and 1998-99 for Rigid PVC films from the Plastics Export Promotion Council.
2000
- Crisil revised the rating for company's 18% NCD of Rs 1,549.10 lakhs to BBB from BBB+.
2001
- K.C. Holdings Pvt. Ltd. bought 2,94,893 No. of equity shares of the company from Mr. Mofatraj P. Munot.
- Mr. Parag Munot bought 2,94,893 No. of equity shares of the company from Mr. Mofatraj P. Munot.
2002
- Mr. P.M. Nadig, the Managing Director of the Company, resigned from the services of the company with effect from November 26, 2002.
2006
- Caprihans India recommended for payment of Dividend at 10%.
2007
- Caprihans India recommended for payment of dividend at 10%.
2008
- Caprihans India recommended for payment of dividend at 10%.
2009
- Caprihans India recommended for payment of dividend at 15%.
2010
- Caprihans India recommended for payment of dividend at 25%.
2012
- Mr. Krishnava S. Dutt was appointed as an Independent Director of the Company.
2013
- Mr. Robin Banerjee took charge as Managing Director of the Company effective April 29, 2013.
- Caprihans India Ltd recommended for payment of dividend at 15% on the equity Share Capital.
2014
- Caprihans India Ltd recommended for payment of dividend at 15% on the Equity Share Capital.
