Jumbo Bag Ltd

(516078)

Jumbo Bag Limited (JBL) was incorporated as a private limited company in November 1990, and was later converted into a public limited company in October 1991. Promoted by G Sudhakar, G P N Gupta, G V Chalapathi, G Muralidhar, and G Radhakrishna, JBL entered into a technical collaboration with Structure Flex of the UK for the supply of know-how and technical information to mass produce jumbo bags. In June 1994, the company came out with a public issue to finance the manufacture of flexible intermediate bulk containers. A 100 EOU, with a capacity of 700,000 bags per annum, was set up for the same. Production was expected to start in October 1994, but did not begin until February 1995. During 1999-2000, JBL also signed a long-term agreement with a Japanese company for the supply of hygiene bags, which will help the company to expand export opportunities.

Share Price: ₹53.39 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹46.42Cr as of today
Listing date: 06 Nov, 2009
Chairperson Name: Renuka Mohan Rao