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Super Tannery Ltd. Company History and Annual Growth Details

The company was promoted by Mr. E.Kareem and Mr.Iftikharul Amin, who have rich expereince in the leather industry. The company belong to the well known Super House group of companies and is a Government recognised Export House. The company started off with a plant at Jajmau in Kanpur with an installed capacity of tanning 370,000 hides per annum, manufacturing 150,000 pairs of shoe uppers per annum, 240,000 pairs of complete shoes per annum and 30,000 pieces of leather garments per annum.

The company has a very good track record in leather exports and won 'Certificate of Merit' by the Council of Leather Exports, Madras continuously from 1986 to 1989 and again in 1991. The company exports its products to various countries like U.K.. Germany, Netherlands etc. The company has a ready local market for its Chrome leather and vegetable tanned soles.

Subsequently, in March 1993, the company went in for a public issue of 1,800,000 equity shares of Rs.10 each at a premium of Rs.55 per share aggregating Rs.1170 lakhs to finance a major expansion and modernisation programme to increase the installed capacity of its complete shoe unit from 240,000 pairs per annum to 720,000 pair per annum. The cost of the project was estimated at Rs.1270 lakhs, of which Rs.1170 lakhs was to be raised by public issue and Rs.100 lakhs by way of internal accruals. The company expected to commence operations on the new facilities from July, 1993. The company has a full buy back arrangement with the U.S. giant M/s H H Brown Shoe Co.


-The Company has issued Bonus Shares in the Ratio of 1:1.

- The Company has splits its face value from Rs10/- to Rs2/-.
Oct 28, 5:50 pm
Oct 28, 5:59 pm
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