TCPL PACKAGING Share price

Twenty-First Century Printers Limited (TCPL) was incorporated on27th August 1987 as a public limited company. The company isregistered with Registrar of Companies bombay and obtainedcertificate of commencement of business on 9th November 1987.It was promoted by Mr. Sajjan Jindal Joint Managing Director ofJindal Strips Ltd. and Vice Chairman and Managing Director ofJindal Iron & Steel Company Ltd. Mr. Debasis Chaudhritechnocrat and members of Kanoria family to manufacture printedblanks etc. It installed an In line We-Fed Offset rotaryPrintingMachine with board conversion technology at Silvassa.The project was assisted by Industrial Finance Corporation ofIndia Industrial Development Bank of India and IndustrialCredit & INvestment Corporaiton of India Ltd.PRESENT ACTIVITY AND OPERATIONS OF THE COMPANYThe company at present has facilities for manufacturing printedblanks with an installed capacity of 96 million impressions p.a.i.e. 1000 million resultant printed blanks approximately p.a.The company in accordance with a long term contract with GodfreyPhillips India Ltd. supplies prinited cigarette shells to anextent of 60% of its installed capacity. Presently the companysupplies its printed shells to major cigarette manufacturingcompanies viz. Gdfrey Philips India Llimited ITC Limited & VSTIndustries Ltd. and The major competitors of the Company''sproducts are the printing division of I.T.C. Ltd. ColourCartons Ltd. Vijay Flexible Containers Ltd. etc.Since the demand of the Company''s products are of a derivednature any change in the demand of the products of thecustomers will also affect the demand of the company''s productsand thereby its profitability.