Scoobee Day Garments India Ltd

Victory Paper Boards (India) Ltd. was incorporated in August 09, 1994 to carry on the business of manufacture and marketing of paper and paperboard. Though the business was commenced successfully, the company went into lock out on 30 August 2009 due to labour problems and all business activities came to a halt. The present promoters took over the management in the year 201718, contemplating various options to restart the operations. Though manufacturing operations are yet to be restarted, the company earned a turnover of Rs.1068.22 lakhs and net profit of Rs. 284.13 lakhs during the year 201819, by carrying on the business of trading mainly in Aluminium roofing sheets. The Company is having a plant with an installed capacity of 7500 TPA at Elappully in Palakkad district of Kerala.The paidup equity share capital as on 31st March 2019, was 13.50 Crores consisting of 1,35,00,000 equity shares of Rs. 10/ each fully paidup.In FY 2019, the company has also acquired a production ready textile plant at Karur in Tamil Nadu, consisting of 5.50 lakh sft built up area in 32.50 acres of land.