Published on Friday, March 8, 2019 by Chittorgarh.com Team
Fusion Industries Ltd. (FIL) is a researcher and manufacturer of plastic pipe, fittings and water storage tank. Faridabad, Haryana based Fusion Industries Limited was incorporated in 1997. It has manufacturing facilities located in Roorkee (Uttrakhand), Gwalior (M.P.) and Bangalore (Karnataka).
Fusion Industries Limited has a production capacity of more than 10,000 metric tons annually. Fusion is involved in the manufacturing of almost all kinds of plumbing pipes and fittings. FIL has many comprehensive first to its credit like range includes PPR piping, CPVC piping, PVC pressure plumbing, HDPE piping, SWR (Soil Waste and Rainwater) piping, water storage tank. All the products are made as per various applicable Indian and world standards.
The company is on a capacity expansion mode and is installing modern extruders for quality products. FIL customer list includes corporate like Maruti, Pepsi, Honda, Reliance, Haier, Voltas etc.
To meet its capex and working capital plans, FIL is planning to tap the capital market for Rs. 10.61 cr. SME IPO for listing at NSE Emerge in the near term. More details on the issue and financial performance will be reviewed soon.
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