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Skipper starts commercial production at PVC pipe making facility in Gujarat

21 Apr 2015 Evaluate

Skipper has begun commercial production at its new dedicated PVC pipe making facility in Ahmedabad, Gujarat. The plant, set up at an investment of Rs 50 crore, is the company’s first manufacturing facility outside eastern India.

This new plant entailed a capex of around Rs 10 crore and a total investment of about Rs 50 crore, including working capital and marketing expenditures.

Skipper is engaged in structural fabrication and manufacturing of mild steel and galvanized iron pipes, steel tubular poles, scaffolding and accessories and PVC pipes. Structural fabrication is the major contributor to the revenue of the company. 

Peers
Company Name CMP
Bharat Heavy Elect. 414.00
Thermax 3558.65
Kirloskar Industries 3814.25
Skipper 534.15
INDO-MIM 975.75
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