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Monday, June 2, 2008

Jhunjhunwala Vanaspati Ltd

Cmp Rs 147

Jhunjhunwala Vanaspati Ltd. incorporated in the year 1989, manufactures hydrogenated vegetable oil (Vanaspati Ghee) and refined oils, at its manufacturing facility in Varanasi, Uttar Pradesh located in North India. What started as a modest unit, with a production capacity of 25 MT/day is today the single largest manufacturing company of hydrogenated vegetable oil in India producing over 300 MT/day.

The brand name ‘Jhoola’ is synonymous with branded oil and ghee in India.

In terms of growth the company has also promoted the set-up of a hydrogenated vegetable oil plant in Colombo, Sri Lanka and has recently acquired an edible oil plant at Alwar (Rajasthan) in February 2007. This has helped the Company to ramp up production and acquire customers and market share in the western region.

Share Holding Pattern : Promoters 50.99, Public & Others 28.29 & Non Promoter Corporate Holding 20.57

At Cmp of Rs 147/- this scrip has long way to go.

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