Vapi Enterprise Ltd
NSE: BSE: 502589
₹122
+5.10 (4.36%)
Fri, 23 Oct 2026, 02:52 am
Market Cap (in Cr)27.83
PE Ratio19.14
Dividend0
Finance
Finance/Rental/Leasing
24.5KVapi Enterprise Ltd Company History
1974
- The company was incorporated on 23rd July at Vapi, Gujarat.
- The company was promoted by Rambhai Haribhai Patel and his associates to manufacture paper and paper board and paper grade pulp.
1979
- 2,625 Preference shares were taken up.
1980
- 500 more Preference shares were taken up.
1984
- Negotiations for land, plant and machineries were finalised and orders were placed.
- A group of shareholders offered 2,45,000 equity shares of the company for sale.
1985
- The company undertook to diversify into texturising, twisting, crimping and dyeing of nylon, polyester filament and other yarn.
1987
- The company's performance was severely affected due to increasing costs of inputs, power and water.
1989
- The company's performance was reported to be satisfactory due to better realisation from finished products and improved market conditions.
1990
- The company's overall working continued to be satisfactory.
- 4,96,050 Bonus shares were issued in the proportion 1:1.
1993
- The company's overall working was highly satisfactory due to improvements from the expansion cum modernisation programme.
- The expansion of the yarn division and the first phase of modernisation cum expansion of the paper division was successfully completed.
- 11,95,260 Rights Equity shares were issued and 10,85,400 shares were taken up.
1995
- The company proposed to diversify its product range to include Duplex Board.
2013
- The company's name was changed from Vapi Paper Mills Ltd to Vapi Enterprise Ltd.
2014
- The company's name was changed from Vapi Paper Mills Ltd to Vapi Enterprise Ltd.
2023
- The company received final approvals from the Gujarat Industrial Development Corporation and provided satisfaction of all legal due diligence and other necessary approvals and clearances from regulatory bodies.
