B&B Triplewall Containers Ltd share Price

Read More

• B&B Triplewall Containers Limited was originally incorporated as a private limited company with the name MNM Triplewall Containers Private Limited at Bangalore, Karnataka on August 23, 2011. Subsequently, the name of the Company was changed to B&B Triplewall Containers Private Limited on May 02, 2018. The Company was then converted into a public limited Company pursuant to special resolution passed by the members at their meeting held on May 14, 2018 and the name of the Company was changed to B&B Triplewall Containers Limited on June 13, 2018. Mr. Manish Kumar Gupta, Mr. Nishant Bothra, Ms. Jyoti Bothra and Ms. Alka Gupta were the initial subscribers to the Memorandum and Articles of Association of the Company. The Company is promoted by Manish Kumar Gupta, Alok Agarwal, Ravi Agarwal, Manish Bothra, Amit Agarwal, Sidharth Agarwal & Nishant Bothra who are the guiding force behind all the strategic decisions of the Company. The Company is engaged in manufacturing of corrugated boxes and corrugated sheets. The manufacturing facilities is situated at Bangalore and Tamilnadu, both the units are engaged in manufacturing of corrugated sheets and boxes. The Company mainly caters to packaging industry and have been able to develop a loyal clientele network consisting of various packaging companies and MNC`s. Currently it is operating in domestic markets with its products being supplied on PAN India basis. However, its majority revenue is from the state of Karnataka. The manufacturing facilities are divided into two units. Unit I is located at Bangalore, Karnataka and Unit III is situated at Shoolagiri (Krishnagiri), Tamilnadu. Whereas, Unit II was given on Lease. The Company commenced its business operations in the year 2011 in Unit I. As part of expansion plan, Cost savings, pooling of human talents, strengthening of financial position and to enhance the shareholder`s value the Company HMK Auto Packs Private Limited gets amalgamated with the Company. Subsequently, business operations were commenced in the year 2015 in Unit III. The product Corrugated Boxes is used by various industries like FMCG, E-commerce etc for packaging purpose. The Products type varies to requirement & demands of customer-to-customer basis. The Company is well equipped with in-house testing laboratory to test the products. The in-house testing laboratory regulates and monitors the quality, strength, stiffness and GSM measurement of boxes to ensure that the same can safely carry products for their end use.