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South India Paper Mills Ltd
NSE: SIPAPER BSE: 516108
₹109.10
(1.22%)
Tue, 07 Jul 2026, 07:19 am
Market Cap (in Cr)198.43
PE Ratio19.04
Dividend0
Process Industries
Pulp & Paper
24.5KCompany History
1959
- The company was incorporated and acquired a paper mill for a consideration of Rs. 7.16 lakhs.
1968
- The company increased its capacity to 24 TPD.
1970
- The company increased its capacity to 24 TPD.
1982
- The company's capacity was further enhanced to 45 TPD.
1994
- The company came out with a public issue of 12,80,000 equity shares of Rs. 10 each at a premium of Rs. 50 per share, aggregating to Rs. 768 lakhs, to finance a co-generation project.
1995
- 220,000 equity shares were allotted to promoters and associates at a price of Rs. 60 per share on a firm basis.
- 12,80,000 equity shares of Rs. 10 each at a premium of Rs. 50 per share were allotted to FIs, Mutual Funds, and the Indian public through a public issue.
1996
- The high pressure power boiler became operational from February.
1998
- The Company undertook an expansion project for setting up an electro static precipitator system, a high pressure boiler, a new paper machine, and a turbo generating set of 3.5 MW capacity.
2010
- South India Paper Mills gave a bonus in the ratio of 1:1.
2012
- The Board of Directors recommended a dividend of 22% on the Equity Capital, i.e., Rs. 2.20 per share for the year.
2013
- The Board of Directors recommended a dividend of 22% on the Equity Capital, i.e., Rs. 2.20 per share for the year.
2014
- The Board of Directors recommended a dividend of 15% on the Equity Capital, i.e., Rs. 1.50 per share for the year.