Support and Resistance Levels
Past performance
About Padmanabh Alloys & Polymers Ltd Padmanabh Alloys and Polymers (PAPL), established in 1994, specializes in manufacturing filled and reinforced thermoplastic compounds and masterbatches, including mineral-filled and glass-reinforced thermoplastics. The company operates from Surat, Gujarat, where it has dedicated facilities for processing, warehousing, laboratory work, and administration. Despite initial infrastructural challenges, PAPL has expanded to include a project in Palsana, Gujarat, with an installed production capacity of 7,800 tons per annum, focusing on mineral masterbatches and biodegradable compounds.
PAPL leverages advanced machinery and a skilled workforce to maintain a robust production capability of 7,500 metric tons annually. The company aimed to enhance its financial and operational foundations through a public issue of 3.3 million equity shares at Rs 10 each, raising Rs 330 lakh to support its projects. PAPL is strategically positioned in the polymer industry, offering specialized products with strong technical expertise and infrastructure.