Founded in: 1985
Managing director: S N Rathi
Midland Polymers Limited (MPL), was incorporated as a Public Ltd Company on 1st Sep.92 and commenced its business from 15th Jan.93. It has been promoted by Mr. Alok Saboo, Mr.Mukund Saboo, Mr. Sudhir Lakhotia and Mr. Ramesh Prasad Kabra the promoters of the Saboo group of companies, Gwalior.MPL came out with a public issue of 19,80,000 equity shares of Rs 10 each for cash at par aggregating Rs 1.98 crores to part finance the enhancement of installed capacity for manufacture of Monoaxially Oriented Polypropylene (MOPP) film from 616 to 1354 MTPA at its plant at Bhiwadi. The company is currently implementing Phase I of the project.
Midland Polymers Financial Highlights
Midland Polymers reported a Q2 FY2022–2023 revenue of ₹3.48 crore, up 18.5% YoY, with net profit decreased -172.7% to ₹-0.03 crore. For the full year FY2017–2018, revenue reached ₹0.32 crore and profit touched at ₹0.08 crore. As of Jun '25, Midland Polymers’s market capitalisation stood at ₹1.60 crores. Shareholding as of Jun '25 shows promoters holding 5.7%, with FIIs at 94.3%, DIIs at %, and public at %.
As of 03 Mar, 2015, Midland Polymers share price is ₹. The stock opened at ₹ and had closed at ₹ the previous day. During today’s trading session, Midland Polymers share price moved between ₹23.90 and ₹23.90, with an average price for the day of ₹23.90. Over the last 52 weeks, the stock has recorded a low of ₹0.00 and a high of ₹23.90. In terms of performance, Midland Polymers share price has declined by 0% over the past six months and has declined by 0% over the last year.
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