Cool Caps Industries Limited-(SME IPO)
About the Company
Cool Caps Industries company is mainly engaged in the business of manufacturing
of a wide range of plastic caps and closures which includes soda bottle caps, mineral
water bottle caps etc.along with embossed, debossed and printed closures as per
client specifications from units situated in Kolkata, West Bengal and Kotdwar, Uttarakhand.
In addition to the supply of pet bottle caps, Company also trades in Shrink film
and plastic granules as an additional service to its existing customers.Caps and
closures play a vital role in packaging, and they are devices and techniques used
to close or seal container such as a bottle, jug, jar, tube, can, etc. Closures
can be a cap, cover, lid, plug, etc. Many containers and packages require a means
of closing. It can be a separate device or seal or sometimes an integral latch or
lock. Its recyclability and the feature to add multiple colours and designs augment
it to become a preferred choice.
Objective of the Issue
(i) Fund working capital requirements.
(ii) Meet general corporate purposes.
(i) Invest in infrastructure and technology.
(ii) Expanding our customer base.
(iii)Improving functional efficiency.
(ii) Enhancing existing products base and product quality.
Rajeev Goenka, Vanshay Goenka, and M/s. Purv Flexipack Pvt Ltd are the company promoters.