Grauer & Weil (India) Ltd

(505710)

Incorporated in 1957 as a private limited company Grauer Weil India GWL was converted into a public limited company in Feb.61.The Company is one of the few companies in the world that offers the complete coating solutions to its customers. The Company not only offers complete package of corrosion and protection solutions under one roof but its Engineering Division also manufactures and supply the automatic plating lines phosphating plants painting plants and filtration systems to meet endtoend surface finishing requirements of its customers.The Company is engaged in the business of manufacturing and selling of Surface Finishings besides Engineering and Mall business. The Company presently has its manufacturing facilities in Dadra Vapi Gujarat Barotiwala Himachal Pradesh Samba Jammu Kashmir besides Engineering division at Khed Pune District and Mall at Kandivli Mumbai.To manufacture electrochemicals the company had entered a technical collaboration with Union Inks and Graphics Pte Singapore.It had entered into the collaboration with M/s EnthoneOMI Inc. U.S.A. and M/s Aucos of Germany and M/s Kabushiki Kaisha Nippon Dacro Shamrock Japan. A joint venture agreement has been entered into with M/s Goema GmbH of Germany to manufacture Effluent Treatment Plants and Metal Recovery Systems. In 19992000 the company has set up a new plant at Dadra for the manufacture of chemicals which is expected to offer considerable cost advantage in meeting the demands of customers in the western and southern parts of the country. The company has entered into Technical Collaboration with Manz GmbH of Germany and Surfilco Inc of USA for assistance in designmanufacture and marketing of Plating PlantsFiltersPumps and other products.For setting up a Hydel Power Project at Ani in Himachal Pradesh the company conducted a feasibility study and submitted a detailed project report to HIMRUJA which is the state government agency for approving the same. The Himachal government has given permission of Himurja projet and the project has been transferred to Growel Energy company a fully owned subsidiary of the company. The company made a bonus issue in the ratio of 1:2 in 200203.The Hyper Market viz. Big Bazaar opened its store in mid May 2005. The erstwhile Bombay Paints Ltd BPL was amalgamated with Company through Scheme of RehabilitationcumMerger effective from 1st April 2008 the appointed date during year 200809. The Company commissioned commercial production at new 4000 MT manufacturing Jammu plant in Jun 09. The Phase 1 project of Growel 101 shopping and entertainment mall set up by the Company was christened as Growels Plaza 101 and made operational in 2008.The Second Phase of the Shopping Mall became operational in Aug 2010. During FY 201617 the Company commissioned a new plant at Dadra which went into production of paints costed Rs 8.28 crores with an installed capacity of 5000 KL p.a and was made operational in January 2017..

Share Price: ₹100.95 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹4,622.53Cr as of today
Revenue: ₹254.69Cr as on September 2024 (Q3 24)
Net Profit: ₹37.61Cr as on September 2024 (Q3 24)
Listing date: 05 Aug, 2021
Chairperson Name: Umeshkumar N More