PG Foils Company Information

Posted by Amit Bhawani
January 11, 2008

PG Foils Company

Company History

PG Foils Limited, incorporated on 07.11.79 as a public limited company, has been promoted by Prem group of industries and Rajasthan Industrial and Investment Corporation (RIICO) as a joint venture. RIICO contributed a sum of Rs. 10 lacs towards the equity of the company. During 1988 the equity of RIICO has been transferred to the private promoters under the buy-back arrangement.

The Registered office of the company was in Rajasthan upto 7.8.85 but was shifted to Ahmedabad (Gujarat) thereafter. PGFL setup an aluminium foil manufacturing plant with an installed Rolling capacity of 5000 MT per annum by importing a second hand plant from ALCOA (GB) Ltd. London at a cost of Rs. 110 lacs (approx). The plant has been supplied by Tenstate Ltd. London. The Project was set up at a cost of Rs. 325 lacs which was partly financed by term loans of Rs.60 lacs from ICICI, Rs. 90 lacs form IDBI and Rs. 50 lacs from IFCl. As per the Company, the secondhand machinery is still in good condition for production.

Though the Certificate of Commencement of Business was received on 6.12.79, the actual commercial production could commence from Nov. 81, after obtention of the required license, import of machinery and implementation of the project.

The company is engaged in the manufacture of foils of various qualities and thickness e.g. tagger foil, pharma foils, laminated foils, blister foils, paper laminated board and printed foils. It

commenced commercial production in November, 1981 and had accumulated losses to the extent of Rs 324.10 lacs by 1986-87. However in 1987-88 it turned corner, and has been making consistent profits since then. The company has now not only written off its entire accumulated losses but has also created substantial reserves.

2005 PG Foils awarded ISO 9001:2000 certification

Company Background
Industry Name : Aluminium - Sheets/Coils/Wires
House Name : Not Applicable
Collaborative Country Name :
Joint Sector Name :
Year Of Incorporation : 1979
Year Of Commercial Production :

Regd. Office
Address : 6, Neptune Tower,, Ashram Road,
District : Ahmedabad
State : Gujarat
Pin Code :380009
Tel. No. : 079-26587606,079-32986262
Fax No. : 079-26584187
Email :
Internet : http://www.pgfoils.com
Auditors : H M Singhvi & Co.

Registrars
Name : Pinnacle Share Registry Pvt. Ltd.
Address : Arvind Ashoka Aruna Hospital Premises, Near Ashoka Mills, Ahmedabad - 380025, Gujarat
Tel. No. : 22200591, 22200582
Fax No. : 22202963
Email : Gautam_shah@psrpl.com
BSE: 526747

List Of Directors
Director’s Name Designation
1 Pankaj Shah Managing Director
2 Abhay Shah Whole Time Director
3 S B Kabra Director
4 Vimal Dhadda Director
5 Hemant K Nema Director
6 Assem Khullar Director
7 Sahil P Shah Additional Director

Representative Office K C Bhandari Kamal Steel Industries, Centre Point 28/2, Shakespeare,
Kolkata - 700017
West Bengal - India
Phone : 2407009, 2400792
Fax :
Email : N.A.
Internet : N.A.
Sales & Marketing Office No 34, 10th Main Near Dav Public School,
Bangalore - 560078
Karnataka - India
Phone : 9341441148
Fax :
Email : N.A.
Internet : N.A.
Sales & Marketing Office House No. 10-5-3/2/3, Masab Tank,
Hyderabad - 500028
Andhra Pradesh - India
Phone : 09394759180, 09849514572
Fax : 23323576
Email : pgflhyd@yahoo.com
Internet : N.A.
Sales & Marketing Office Mr. Debasis Seal, D-L 42, Sector - 2,
Kolkata - 700091
West Bengal - India
Phone : 3481864
Fax :
Email : N.A.
Internet : N.A.
Sales & Marketing Office 55, Canning Steet, Block D,
Kolkata - 700001
West Bengal - India
Phone : 22359293
Fax : 22428287
Email : pgfoils@vsnl.net
Internet : N.A.
Sales & Marketing Office Maloo Estate, No.7, Micetich Colony,
Chennai (Madras) - 600060
Tamil Nadu - India
Phone : 55145456
Fax : 24801363
Email : N.A.
Internet : N.A.
Sales & Marketing Office 6, Neptune Tower,
Ahmedabad - 380009
Gujarat - India
Phone : 26587606, 32986262
Fax : 26584187
Email : pgfoilsahd@sify.com
Internet : N.A.
Representative Office M/s Akunuri Associates 1-10-217/B
Hyderabad - 500020
Andhra Pradesh - India
Phone : 7640009
Fax :
Email : N.A.
Internet : N.A.
Representative Office 2, Clive Ghat Street, Sagar Estate, 5th Floor,
Kolkata - 700001
West Bengal - India
Phone : 22428286
Fax :
Email : pgfoils@vsnl.net
Internet : N.A.
Sales & Marketing Office 3058/3063, D B Gupta Road, First Floor,
Delhi - 110055
Delhi - India
Phone : 23581033, 23581034, 32537032
Fax : 2358103
Email : pgfoils@rediffmail.com
Internet : N.A.
Sales & Marketing Office Mayur Apartment, Flat No.T-3&4, 40-41, Mahampura, Raj Bhawan Road,
Jaipur -
Rajasthan - India
Phone : 9314434912
Fax :
Email : N.A.
Internet : N.A.
Registered Office 6, Neptune Tower,
Ahmedabad - 380009
Gujarat - India
Phone : 26587606, 32986262
Fax : 26584187
Email : N.A.
Internet : N.A.
Factory/plant P O Pipalia Kalan
Pali - 306307
Rajasthan - India
Phone : 220202, 287151 - 56
Fax : 287150
Email : pgfoils@sancharnet.in
Internet : N.A.
Sales & Marketing Office Neelam Building, First Floor,
Mumbai - 400002
Maharashtra - India
Phone : 22813448, 22815612, 39428026
Fax : 22813502
Email : pgfmum@ricmail.com
Internet : N.A.
Head Office & Factory Pipalia Kalan
Pali - 306307
Rajasthan - India
Phone : 287151, 287156
Fax : 02937-287150
Email : pgfoilssahd@sify.com
Internet : N.A.
Sales & Marketing Office Flat No 7-A Prabhu Vatika,
Kanpur - 208002
Uttar Pradesh - India
Phone :
Fax :
Email : N.A.
Internet : N.A.

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