Home  »  Company  »  Tijaria Polypipes Ltd.  »  Quotes  »  Company History
Enter the first few characters of Company and click 'Go'

Tijaria Polypipes Ltd. Company History and Annual Growth Details

Tijaria Polypipes Ltd., an ISO 9001 : 2000 Certified Company, is a closely held public limited Company, based at Jaipur, manufacturing various kinds of high grade plastic based pipes viz HDPE, MDPE, LDPE,LLDPE, uPVC, PP]R Pipes and Sprinkler systems under the brand name of 'TIJARIA' and 'VIKAS'. The Company is a winner of 'NATIONAL AWARD]2008'f for Quality Production (Special Recognition Award) awarded by the Ministry of Micro, Small & Medium Enterprises, Govt. of India. Our Company is recipient of 'RASHTRIYA UDYOG RATNA AWARD' in the Year 2010, by Center for Educational Development Research for excellence in their respective field. The Company was initially started as a Partnership firm under the
name of 'Tijaria Overseas Vinyl' in the year 2000 which was later on converted into a Private Limited Company on July 17, 2006 on continuous basis under Part IX of The Companies Act, 1956 and wassubsequently converted into a Public Limited Company w.e.f. July 20, 2006. The Company through itsvision of learning and constant innovation has become a premier name in the industrial, agricultural,infrastructure, domestic and telecommunication fields.

The Company under the leadership of Mr. Alok Jain Tijaria, , the Managing Director along with other Promoter Directors Mr. Vikas Jain Tijaria, Mr. Praveen Jain Tijaria and Mr. Vineet Jain Tijaria have made Tijaria Polypipes Ltd. a successful and quality oriented Company in the cosmic market. The Company has consistently registered growth in turnover and profitability over the previous years and now proposes to further expand and diversify in other polymer products as detailed in Section titled 'Objects of the Issue' beginning on Page No. 57 of this Prospectus.

Our Company in its pursuit to explore newer opportunity in the marketing / dealing in agricultural
produce, the Board of directors of the our Company proposed to enter into the business of agricultural products on trial basis and passed the enabling resolution and thereafter it obtained the shareholders approval for dealing in agriculture produce at the meeting held on 2nd day of September, 2009 and amended the main object clause by inserting new clause no. 3. Our Company entered into a Consignment Sale Agreement with an overseas consignee M/s Independent Fruit Trade B.V. situated at Barbizonlaan 87, 2908 ME Capelle ad Ijssel, Holland for sale of Indian Grapes. Our Company got registration from the Agricultural and Food Products Export Development Authority, Ministry of Commerce, Govt. of India. The
company purchased grapes from the various farmers in the State of Maharashtra and sold under the said consignment agreement to the overseas consignee. The entire consignment has been sold and export proceeds have been realized. The business of trading in grapes is not the main line of business and accounts for just ' 94.56 Lacs, which constitutes 0.86% of the total sales of the Company as on March 31, 2010 and ' 200.97 lacs during the Financial Year ended March 31, 2011, which constitutes 1.69% of the total sales turnover for the said period.

Oct 24, 12:20 pm
Oct 24, 12:09 pm
Subscribe now to get personal finance updates in your inbox!