Support and Resistance Levels
Past performance
About Shrenik Ltd Shrenik Limited, initially a proprietary firm named Shree Shyam Corporation, evolved into a public limited company on April 3, 2017. Engaged in trading and processing diverse paper products, Shrenik Limited offers items such as Copier, Maplitho, Coated Paper, FBB Board, and Royal Executive Bond under its brand, 'Shrenik'. As a wholesale distributor, the company sources paper locally and distributes products from Tamil Nadu Newsprint and Papers Limited and Asia Pulp and Paper in specific regions. Its operations are categorized into Coated Paper, Uncoated Maplitho Paper, Copier Paper, Duplex Board, and Folding Boxboard. In July 2017, Shrenik Limited raised Rs 21.6 crore through an Initial Public Offering of 5.4 million equity shares to bolster its equity capital, indicating its market growth potential and commitment to expanding its footprint in the paper trading sector.