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Home / India News / 2007 / January / January 18, 2007
Ess Dee Aluminium Sets the Ball Rolling with its First Post IPO Financial Results

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Ess Dee Aluminium Sets the Ball Rolling with its First Post IPO Financial Results

New Delhi, Delhi, India

-- The company's came up with its Initial Public Offer during this quarter itself.

-- The issue received an overwhelming subscription of 32.5 times the equity offered.

-- Increased production capacity from 3600 TPA to 9100 TPA.

Ess Dee Aluminium Ltd, one of the leading manufacturer of packing material for pharma industry posted a decent financial performance for Q3 FY2007.

The comparative figures of corresponding quarter are not available as the company got listed in the quarter under review itself. Treading along its plans the company increased its aluminium foil production capacity from 3,600 TPA to 9,100 TPA upon commissioning of second rolling mill.

The company's business is organized under three segments viz, Foil Manufacturing, PVC rigid film manufacturing and Foil Printing. The details of financials achieved for each of the segments are given in the attachment:

About Ess Dee Aluminium Ltd.

Ess Dee Aluminium Ltd., the feather in Dutta Group of companies' cap, is an epitome of quality and service. The company is a leading and widely acknowledged name in Pharma industry packing material. ESS DEE Aluminium Ltd has got two production facilities, one at Daman and another at Goa and in process of setting up additional facility at Daman.

The facility located at Daman spreads across an area of 60,000 sq.ft. The plant with an installed capacity of 9100 MTS per annum, is modeled on the latest generation CGMP practices and is one of it's own in the aluminum foil industry.

The other manufacturing unit in Kundaim at Goa, is housed in an area of 40,000 sq. ft. has an installed capacity of 5400 MTS per annum. The GMP standards set in the plant in synergy with the latest technology from a leading plastic manufacturer of Germany, automatically enhances the reputation of the product in terms of quality.

To view the press release along with the tables please click on the link below:

Ajit Parmar, Mutual PR, +91 9312784194

Sunil Singh, Mutual PR, +91 9312784197

Source: Ess Dee Aluminium Ltd (Business Wire India)

Press release presented here is sourced from the Source mentioned above and is provided on as-is basis. Please contact the Company / Source directly for any further information in regard to this release. This website will be unable to assist you in regard to the accuracy or correctness of information in this release.

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