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GSM Foils Ltd. (India)

Main Activities: All Other Miscellaneous Fabricated Metal Product Manufacturing
Full name: GSM Foils Ltd. Profile Updated: November 05, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company is engaged in the business of manufacturing Blister Foils and Aluminium Pharma Foils (also known as “Strip Foils”) which is used in packing of pharmaceutical medicines which includes capsules and tablets both. This is a primary packaging material which comes in direct contact with the medicine, hence, utmost care is taken with regards to its quality. Over the past few years, the Company have acquired definite know how in different types of foils used in pharmaceuticals companies. The Company offer Aluminium foils in different sizes, shapes and thickness to meet diverse needs of the clients.
Aluminium Foil or Strip Foils are one of the packaging options for highly sensitive pharmaceutical products that protects the medicines from oxygen, moisture, and other environmental influences. These foils are used in packaging of capsules which requires more bursting strength as they are bigger in size and is used to create a push-through closure with lid film where tablets and capsules are protected perfectly and hygienically.
Blister Foils are commonly used as unit-dose packaging for pharmaceutical tablets. Blister foils are suitable for hard packing of medical and pharmaceutical products. It is heat seal coated on the bright side and print-treat coated on the matte side the primary component of blister packs are made from “Formable” web, either plastic or aluminium, the formed cavity or pocket contains the product and the “lidding” seals the product in the package.
The Company have developed a manufacturing facility at Gala No 06/106/206/306, Sapphire Building, Diamond Industrial Estate, Vasai East IE, Thane, Vasai, Maharashtra, India, 401208 in 7,973 Sq. feet area with ground plus 3 floors for smooth execution of all the business operations.
2019: The Company was originally formed as Limited Liability Partnership Firm under the name and style of “M/s. GSM Foils LLP” pursuant to a Certificate of incorporation issued by Registrar of Companies, Central Registration Centre, dated April 05, 2019 with LLP registration number being AAO-7932.
2022:The Company achieved the production and sales of more than 270 tons
2023:
-M/s. GSM Foils LLP was thereafter converted into a Private Limited Company “GSM Foils Private Limited” pursuant to the provisions of Chapter XXI of the Companies Act, 2013 and fresh a certificate of incorporation dated June 27, 2023 was issued by Registrar of Companies, Central Registration Centre.
-The Company has been converted into a public limited company and the name of the Company changed to “GSM Foils Limited” pursuant to a special resolution passed at the Extra-Ordinary General Meeting of our Company held on July 14, 2023 and a fresh Certificate of incorporation dated September 04 2023 issued by the Registrar of Companies, Mumbai.
-The Corporate Identity Number of the Company changed from U43303MH2023PTC405459 to U43303MH2023PLC405459
-The Company does not have any Subsidiary Company.
-The registered office shifted from Gala no 18, bldg/2, apex, commercial Complex, vasai road E, bassein, thane -401202, Maharashtra, India to Gala No 06/106/206/306, Sapphire Building, Diamond Industrial Estate, Vasai East, Thane 401208 Maharashtra, India on December 11, 2023 due to administrative convenience
2024:The shares of the Company listed on National Stock Exchange on Friday, May 31, 2024

Headquarters
Gala No 06/106/206/306, Sapphire Building, Diamond Industrial Estate, Vasai East
Thane; Maharashtra; Postal Code: 401208

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Website: http://www.gsmfoils.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2023
Key Executives
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Chairman
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Managing Director
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Secretary
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Outside Director
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Outside Director
Ownership Details
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73.14%
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21.05%
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5.81%
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