Brief Profile of the Company
ABOUT THE COMPANY:
The company Kriti Industries (I) Limited (KIIL) was originally incorporated as a private limited company as Kriti Plastics Private Limited on 12th March 1990 under the Companies Act, 1956 and subsequently converted into Public Limited Company, namely Kriti Plastics Limited and obtained a fresh certificate to that effect from the Registrar of Companies on 10th June 1992. Then changed its name to Kriti Agro and Plastics Limited and obtained fresh Certificate to that effect from the Registrar of Companies on 25th September 1992. Then the Company changed its name to Kriti Industries (I) Limited and obtained fresh Certificate to that effect from the Registrar of Companies on 9th November 1995.
BOARD OF DIRECTORS
The company has qualified Board of directors consisting of:
- Mr. Shiv Singh Mehta, Managing Director
- Mrs. Purnima Mehta, Executive Director
- Mr. Saurabh Singh Mehta, Non Executive Director
- Mr. Rakesh Kalra
- Mr. Chandrasekharan Bhaskar
- Mr. Manoj Fadnis
Mr. Shiv Singh Mehta is the main promoter of the company. He is also Managing Director of the company. He has done BE (Electronics) and MBA and has a vast experience in varied field for about 25 years. Mr. Mehta is past President of Indore Management Association and also associated with other associations like Organization of Plastic Processors of India, Soyabean Processors Association of India (SOPA), etc.
KIIL is having its main objects to manufacture, weave, prepare, process, formulate, buy, sell, resell, export, import, trading and marketing in pipes and fittings of plastic goods, P.V.C. extrusion, dry blend, polythene, LDPE, HDPE, PP exceed PE, injection moulding formulation of resins and plastic woven fabrics, collapable flex tubes, multi layers, plastic films, packaging recycling of waste, including plastic liners and sacks of hydensity polythene, polyprophelene, pipes sheets and wares and plastic goods and products, synthetic resins and compound, and compositions, polythene cables, plastics and fiber glass moulding PVC additives.
The Company was incorporated in 1990 in a small setup. KIIL at present possesses 18 extrusion lines for PVC pipes, 14 extrusion lines for HDPE & Drip, 20 Injection moulding machines and state of art facilities. The Company has expanded its range of products from small diameter pipes to 630 mm diameter in all classes and ratings. It also has facilities for producing a variety of PVC/HDPE fittings. KIIL has been experiencing substantial growth in PVC fittings segment.
KIIL manufactures pipes for Potable Water Supply, irrigation purposes, building, constructions pipes etc. Its products are sold under the “Kasta” brand, which is well known in Central India. The major marketing areas are M.P. and adjoining districts of Maharashtra and Rajasthan, where 80% of the Plastic Division’s sales take place.
For laying optical fiber cables HDPE ducts are used now-a-days. The major buyers are Department of Telecommunications, Reliance Telecom, Bharti Telenet, Railways, Defence Department etc.
The company has also entered in a big way into drip irrigation sector and with the growing agriculture sector, business prospects in this segment is very bright.