Profile: GRP Ltd (GRPI.BO)
GRPI.BO on Bombay Stock Exchange
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GRP Limited, formerly Gujarat Reclaim and Rubber Products Ltd, is a producer of reclaimed rubber in Asia. The Company’s products include rubber reclaim, which include natural rubber reclaim, synthetic rubber reclaim, polycoat/crumb rubber and reprocessed neoprene; industrial polymer, which include nylon, thermoplastic elastomers (TPEs), additive master batch and custom compounds, and custom die forms, which include GRPmats and GRPpads. The Company operates in two segments: reclaim rubber and windmill. The reclaim rubber segment comprises reclaim rubber sheets for tire and non-tire rubber goods industries. The Company had windmill at Kuchhadi in Gujarat, for the power units generated by windmill, it gets credit in its electricity bill of its Panoli plant in Gujarat. As of March 31, 2012, it had a new plant at Chincholi, Solapur. The Company's holly owned subsidiary is Grip Polymers Limited.
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