Star Paper - Buy

Date: 13.02.2008
Name of the Company : Star Paper Mills Ltd
BSE code:- : 516022
Listed at : BSE and NSE (Good Liquidity)
Group name : Renowned Group Company of Duncans Goenka
Group (GP Goenka)
Good Qtrly results :
100% growth in Profits on Qtr to Qtr.
Dividend : Consistent Dividend Paying Company
Present Rate : Rs. 35.
Rate : Inclusive of Dividend means, Purchaser will get a
dividend of Rs. 1.80 Per share
Dividend of Rs. 1.80 (Cum Dividend Price)
Book Value without Re-valuation of Assets : Rs. 73.34 Per Share as on 01.01.2008. (Base Equity Capital ) : Rs. 15.61 Crs. only
Very Old Company ( Imagine Re-valuation of Assets)
YEAR EVENTS 1936 - The Company was Incorporated on 31st August, at Calcutta. The Company's object is to manufacture writing, printing and packaging paper including M.G. Kraft Paper. The products are sold under the trade name `Star'.
1972 - 24,640 convertible III pref. shares converted into 2,46,400 No. of equity shares. The remaining 4,616 III pref. shares redeemed on 1.4.1974. 7% III pref. shares reclassified as 9.8% II pref. shares from 1.1.1974.