SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Greenply Industries to set-up greenfield unit in Chittoor

23 Jun 2015 Evaluate

Greenply Industries is planning to set-up a greenfield unit for manufacturing medium density fibreboards in Chittoor district of Andhra Pradesh (AP). The plant would have a capacity of producing 3 to 3.6 lakh cubic metres MDF a year.

In this regards, the company has acquired 106 acres 45 km off Tirupati. It is now in the process of placing orders for the machinery. The company is expecting to start the construction work as well installation of machinery within a year from now.

Further, the company is planning to raise fresh debt of around Rs 300 crore for the project. The company is planning to fund half of the project cost through fresh debt.

Greenply Industries is engaged in manufacturing of plywood, laminates, decorative veneers, particle boards and prelam particle boards/MDF.

Greenply Industries Share Price

234.45 3.80 (1.65%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×