Venlon Enterprises Limited (Formerly known as Venlon Polyester Film Limited), incorporated in Oct.83 as Private Company was converted into a Public Company in Jul.87. The Company was promoted by Chandru Datwani. VPFL manufactures polyester film (BOPF). It set up its project in 198687 in Belwadi, Karnataka and went public with an equity issue of 10.10 lac shares, aggregating Rs 1.01 cr, to partfinance its project. The basic raw material required by the company is polyethylene terephthalate (PET) chips, available indigenously. VPFLs PET chips plant with a capacity of 8000 tpa was commissioned in Mar.95. With the implementation of this backward integration project, VPFL will be able to effect savings in the raw material costs in the manufacture of film to a substantial level. VPFL has set up a metallising and lacquering packaging unit to make polyester film. Its metalising plant commenced trial runs from 199798. Paraformaldehyde Plant installed, commenced production effective from January, 2006. Prior to this, the Company was engaged in the business of manufacturing Polyester film, Formaldehyde, Paraformaldehyde. It owned windmill and was engaged in the sale of power. However, in 202122, it had discontinued all its operations and hence had no activities other than operating a windmill. During 202223,, it discontinued operations of the windmill as well and got into selling the windmill related assets.
How has Venlon Enterprises Ltd [VENLONPOLY] shares performed in the past ?
The past 1-year return of Venlon Enterprises Ltd [VENLONPOLY] share was 35.3. The Venlon Enterprises Ltd [VENLONPOLY] share hit a 1-year low of Rs. 3.7 and a 1-year high of Rs. 6.8.
What is the Mutual Fund shareholding in Venlon Enterprises Ltd?
The Mutual Fund Shareholding was 0.01% at the end of .
How can I buy Venlon Enterprises Ltd shares?
You can easily buy Venlon Enterprises Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.