GLEN Industries SME
GLEN Industries SME
GLEN Industries Limited, established in 2007 (initially as Glen Stationery Private Limited), has evolved into a manufacturer of eco-friendly food packaging and service products. The company primarily produces Thin Wall Food Containers and compostable straws, including Polylactic Acid (PLA) Straws and Paper Straws. These products are supplied mainly to the Hotels, Restaurants, Cafés/Catering (HoReCa) sector, the beverage industry, and quick service restaurants (QSRs). GLEN Industries operates a manufacturing plant in Howrah, West Bengal, spanning 90,000 square feet, with a manufacturing capacity of 665 MT per month for Thin Wall Food Containers and 40.60 MT/month for PLA straws.
Investment Timeline
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Key Factor Analysis
Issue Details
Object of the Issue
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Setting Up a new manufacturing facility at Purba Bardhaman, PS – Jamalpur, Gram Panchayat: Jougram, Mouza – Jaugram, JL no 114, West Bengal 713166.
- General Corporate Purpose.
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