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Caprihans India Ltd

NSE: CAPRIHANS BSE: 509486

₹73.77

(-0.23%)

Thu, 21 May 2026, 08:20 pm

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.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800