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Gujarat Craft Industries Ltd. Company History and Annual Growth Details

Gujarat Craft Industries Ltd.(GCIL) was originally incorporated as
Gujarat Craft Steels Pvt. Ltd. on 31-07-1984 with the Registrar
of Companies, Gujarat. The Company has been converted to a
Public Limited Co. and it's name has been changed to Gujarat
Craft Industries Ltd. by passing a special Resolution on
30-08-93 and Fresh Certificate of Incorporation to that effect
obtained on 3rd September 1993. The Company has been promoted by
Mr.Pradeep Bhutoria and Mr. Binod Kumar Chhajer. GCIL is an
existing profit making company and is currently manufacturing
HDPE/PP laminated fabrics and bags with an installed capacity of
200 MTPA. The plant is located at 214, VIII, Budasan, Tal.
Kadi, Distt. Mehsana, Gujarat. With the emergence of private
sector and increased usage of PE BAGS used as packing material
in industries such as fertilizers, chemicals, cement,sugar, and
food grains etc. and it's superiority over jute bags, demand of
HDPB bags has been rising. Some of the main customers of the
company are PPL, NFL, IFFCO, KRIBHCO, FCJ, etc. The unit started
commercial production from 06.05.91. For the financial year
1990-91 the income accrued is on account of jobwork and interest
income to the tune of Rs.2.36 lacs. There after the company has
been in the business of manufacturing HDPE/PP laminated fabrics
and bags. The plant achieved a capacity utilization of around
66% in the year 1993-94.

The company now proposes to diversify into manufacture of PP
filament yarn with an installed capacity of 1800 MTPA. Besides
being used as one of the raw materials by the group company
(GRIL), the product finds it's application in various industries such
as fertilizers, woven sacks, carpet, fishing, chemical etc.

The proposed plant would be located at 431, Vadsar Road, VIII,
Santej, Tal, Kalol, Distt, Mehsana, Gujarat.

2007

-Gujarat Craft Industries Ltd has designated E-mail ID for Investor's Complaints - [email protected]

2012

-Mr. Rishab A. Chhajer has been appointed as a Joint Managing Director of the Company.

-Mr. Anil Kumar Bhandari has been appointed as a Director (Independent) of the Company.

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