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Uniply Industries Ltd. Company History and Annual Growth Details

Uniply Industries Limited (UIL) was promoted by Mr.B.L.Bengani and Mrs.Suman Bengani. UIL was incorporated on 4th September 1996 as a private limited Company with an authorized capital of Rs.50 Lacs and was later converted into a public limited Company in 4th February 1997.

In the year 1997, the Company started importing Panel Products like WBP plywood's, MR plywood's, exterior and interior grade MDF, WBP Block Boards and variety of decorative Plywood,and selling the same under brand name UNIPLY, UNIBOARD and UNIWUD through its offices at Madras, Bangalore, Hyderabad, Calicut with a 400 plus strong dealers network.

In the year 2000, UIL started working on setting up of an integrated manufacturing unit for producing veneers, resins and plywood at Nelveli Village, Kancheepuram District, Tamil Nadu based upon imported raw materials i.e. round logs. The Company has a locational advantage for being close to Chennai seaport.

The Company has secured ISO 9001/2000 certification from DET-Norske Veritas under UKAS accreditation scheme. Besides this the Company could secure Licence from Bureau of Indian Standards to put ISI mark on BWR and MR grade plywood products. The French Organisation COFACE has rated this Company.

The Issuer Company has changed its Registered office from #168, Sydenhams Road, Chennai-600003 to 52, Harleys Road, Kilpauk, Chennai-600010 with effect from 18th September 2003. This place is taken on lease and a copy of lease and rental agreement is available
for inspection.

At present UIL enjoys good demand for its products both in the domestic and international markets. Further, due to softening interest rate on housing loans, thrust in the construction & infrastructure activity and increasing demand for sophisticated offices, the demand for the Plywood and Veneers has swelled many folds in the past few years. UIL has been
operating at around 80% of its installed capacity as of March 31, 2004. In order, to meet this burgeoning demand Uniply has proposed for increase in its plant capacity as well as purchase of a wind mill for reducing the power cost with an estimated project cost of Rs.1200 lacs
(including Public issue expenses). This project cost is proposed to be funded by the present public issue.


The Company has achieved the following milestones:


-Started the business as a Private Limited Company and took up agency of Greenply Industries Limited.


-Converted into a Public Limited company. w.e.f. 04.02.1997


-Started selling imported panel Products, interior grade Medium Density Fibre Board [MDF], Water proof Boiling Plywood [WBP], Block Boards and variety of decorative Plywoods under its own brand name i.e. UNIPLY, UNIBOARD and UNIWUD


-Successfully installed factory for manufacture of Veneers Plywood and related products.


-130:9001:200Q certification from PET Norske Verita


-COFACE has rated this Company as @ @ for good quality which is a French Organisation


-Uniply Industries has designated E-mail ID for Investors Grievances: investorservices@uniply.in


-The Company have secured Forest Stewardship Certification from Forest Stewardship Council (FSC).

-Uniply Industries has enhanced its product offering with the launch of Elementz.

-Uniply Industries has received the State Safety Award for the Year 2006 from the Government of Tamilnadu, Inspector of Factories Department.

- Uniply Industries Ltd has appointed Ramakanta Panda and Shaine Sunny Mundaplakkal as a additional Director on the company.

-Uniply to Acquire Vector and Create one of India's largest fully Integrated Architectural Design and Interior Firms.
-Uniply acquires Vector Projects for Rs 64 crores