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About GSL Nova Petrochemicals Ltd
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Promoted by Gupta Synthetics Ltd, Gupta Silk Mills Pvt Ltd of the Gupta group and Chiripal Twisting & Sizing Pvt Ltd and Shanti Processors Ltd the Chiripal group, Nova Petrochemicals Ltd (NPL) was incorporated on 23rd Dec`93 in Gujarat. NPL is engaged in the processing of all types of petrochemicals and related products and by-products like natural gas and synthetic gas, naphtha hydrogen, methane, ethane, propane, abutane propylene etc. During 1995, the company came out with a public issue of equity shares at premium aggregating Rs.13.69 cr to set up a plant to produce partially oriented yarn (POY) with an installed capacity of 11977 tpa. This capacity was installed during 1996-97. This is a backward integration project wherein 55% of the annual production of POY will be consumed by the Gupta group. The second expansion has also been partly completed after installation of 24 Nos of Winders and 2 Nos of Draw Twisting Machines as appraised by Gujarat Industrial Investment Corporation Ltd and to implement third expansion by installing Two POY Lines & 6 Nos of Texturising Machines. The installation of the 5th POY Line has already been completed and also commenced commercial production from 1st July, 1999. 6th POY Line has commenced commercial production Out of the 6 Nos. of texturising machines, one texturising machine has already commenced commercial production. Balance five texturising machines are expected to be installed and to commence the commercial production during the year. The third expansion relating to installation of 2 Nos of POY lines and 6 Nos of texturising machines has almost been completed To manufacture Polyester Chips the company went for backward integration where in the total installed capacity was 49000 TPA.The total estimated cost is around Rs.30 crores out of which UCO bank has already sanctioned a Term Loan of Rs.18 crores and balance the through internal cash accruals.AIt has installed 8 lines of Fully Drawn Yarn with a capacity of 16464 TPA in 2002-03.
GSL Nova Petrochemicals share price as on 19 Jan 2026 is Rs. . Over the past 6 months, the GSL Nova Petrochemicals share price has increased by 0% and in the last one year, it has increased by 0%. The 52-week low for GSL Nova Petrochemicals share price was Rs. and 52-week high was Rs. .
530605
GSLNOVA
INE787A01022
Sep
GSL Nova Petrochemicals Ltd FAQs
You can buy GSL Nova Petrochemicals Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy GSL Nova Petrochemicals Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of the closing price of GSL Nova Petrochemicals Ltd was Rs.-.
The latest PE ratio of GSL Nova Petrochemicals Ltd as of is 0.00
The latest PB ratio of GSL Nova Petrochemicals Ltd as of is 0.00
The 52-week high of GSL Nova Petrochemicals Ltd share price is Rs. 0.00 while the 52-week low is Rs. 0.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of , the market cap of GSL Nova Petrochemicals Ltd stood at Rs. 0.00 Cr.
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