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Shiva Medicare Limited
Sector:Others Others - Miscella - Others
Market Lot: 1Face Value: 10ISIN Demat: INE875N01028
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Business Profile
Shiva Medicare (SHIVMED) has been engaged in the manufacture and export of non-sterile disposable latex examination gloves in India. It was incorporated on Dec. 02, 1991 and went public on Jun. 02, 1994. Shiva Paper Mills, Shiva Services, and Shiva Kymen Sukka are associate companies.

Located at Chennai in Tamil Nadu, the manufacturing unit produced gloves for the export markets of USA, Europe, and CIS countries but has remained closed since the year 2001-2002 in absence of paucity of working capital. The company is suspended from the BSE for over three years on account of noncompliance with listing agreement clauses.

The registered office is at A 15-17 20, MEPZ Kadaperi, Tambaram, Chennai-600045, Tamil Nadu.

Shiva Medicare disclosed that loss for the year ended June 2000 has widened. During the year, the loss of the company rose 14.29% to Rs 2.8 million from Rs 2.45 million in the same quarter the previous year.
Net sales for the year increased 79.82% to Rs 12.3 million, while total income for the quarter declined 71.94% to Rs 12.5 million, when compared with the prior year period.

In Brief

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