Support and Resistance Levels
Past performance
About Commercial Syn Bags Ltd Commercial Syn Bags Limited, established in 1984 in Indore, Madhya Pradesh, specializes in manufacturing and trading various packaging products, including FIBC, BOPP, bulk bags, and technical textiles. Operating from multiple facilities in Pithampur, the company also utilizes a solar power plant in Mandsaur for its energy needs. It functions through two primary segments: manufacturing and trading. In 2016, the company expanded its offerings with printed laminates for flexible packaging, utilizing advanced machinery for printing and lamination.
In 2018, Commercial Syn Bags commenced production at a new SEZ unit in Pithampur, enhancing its capacity significantly with an investment of Rs. 3,460 Lakhs, increasing total production capability to 17,000 MT per annum. This expansion included facilities for food-grade FIBC bags. The company further strengthened its position by establishing a wholly owned subsidiary, Comsyn India Private Limited, in 2020. These strategic moves highlight its commitment to growth and innovation in the packaging industry.