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Jai Mata Glass Ltd logo

Jai Mata Glass Ltd

NSE: BSE: 523467

₹3.02

(1.00%)

Tue, 29 Sept 2026, 10:34 am

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Company History

1981

  • The company was incorporated as a Public Limited Company on 27th February.
  • The certificate of Commencement of Business was obtained by the Company on 25th June.

1985

  • 1,22,800 shares were subscribed for by promoters, directors, etc.
  • 12,27,200 shares were issued at par, with 5,27,200 shares reserved and allotted to promoters, directors, etc.
  • Only 43,100 shares were taken up out of the preferential quota.
  • 2,26,000 shares were taken up by the public, with the balance devolving on the underwriters.

1986

  • JMGL's maiden initial public issue of its equity shares was launched.

1990

  • Shares were fully paid-up.

1991

  • The company introduced high value added products viz., opthalmic, specially tinted figured wired glass.
  • The production capacity was increased to 5.20 million sq. mtrs. from 2.6 million sq. mtrs.

1992

  • Commercial production commenced with an increased production capacity of 5.20 million sq. mtrs.

1994

  • The name of the Company was changed to Jai Mata Glass Ltd.

1995

  • The company commissioned its 24% lead crystalware unit.

1996

  • The company allotted 13,50,000 No. of equity shares in the ratio of 1:1 at a premium of Rs. 35 each to part finance the 29% lead crystalware project.
  • The sale price of rolled, figured and wired glass remained depressed on account of keen competition.