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Donear Industries Ltd.

BSE: 512519 Sector: Industrials
NSE: DONEAR ISIN Code: INE668D01028
BSE LIVE 15:40 | 18 Aug 58.80 -1.10
(-1.84%)
OPEN

58.30

HIGH

59.65

LOW

58.00

NSE 15:46 | 18 Aug 58.95 -1.05
(-1.75%)
OPEN

58.10

HIGH

60.00

LOW

58.10

OPEN 58.30
PREVIOUS CLOSE 59.90
VOLUME 3033
52-Week high 85.15
52-Week low 26.95
P/E 29.25
Mkt Cap.(Rs cr) 306
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 58.30
CLOSE 59.90
VOLUME 3033
52-Week high 85.15
52-Week low 26.95
P/E 29.25
Mkt Cap.(Rs cr) 306
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Donear Industries Ltd. (DONEAR) - Company History

Donear Industries Ltd is a reputed and fastest growing fashion fabric brand creating a wide variety of exotic; Suitings, Trouser & Shirting Fabrics. The company is engaged in the manufacturing and marketing of fabrics. They manufacture suitings, trouser, and shirting fabrics in India and internationally. They offer polyester viscose blended fabrics, polyester cotton blended fabrics, polyester fabrics, cotton high value plain and yarn dyed shirting fabrics, and cotton plain and yarn dyed bottomwear fabrics, as well as polyster wool, wool rich, and all wool fabrics used in the manufacture of suits, trousers, shirts, jacketing, skirts, workwear, corporate wear, uniforms, and ladies tops. The company's brands include Donear Suitings & Shirtings, Donear Royal Classico, Donear QSF, Donear Gifts 4U, Donear Soft & Smooth, Donear International, Linen Fiesta, and Donear International with Fit. The fabrics like suiting, trouser and shirtings created by the company come in a range meant for menswear and women's wear. The company is having their manufacturing facilities located at Silvassa and Surat. They are their presence across India with a network of 44 agents, 290 wholesalers and 12,000 retailers. The company is also into export of fabrics Donear Industries Ltd was incorporated in the year 1987. The company set up a manufacturing unit at Silvassa and commenced commercial production on August 27, 1994. During the year 1996-97, the company increased the number of Looms by 16 Nos. During the year 1999-2000, they further increased the number of Looms from 56 Nos to 132 Nos at an expense of Rs 76 crore. In November 1999, the company commenced commercial production at their new project in Silvassa. During the year 2002-03, the company increased the number of Looms from 132 Nos to 164 Nos. During the year 2003-04, they further increased the number of Looms by 3 Nos. During the year 2004-05, the company launched aggressive marketing schemes and introduced variety of fabrics to cater the demand of masses at affordable price. They launched a new range of Fabric under the brand name 'FERRINO MIZZON' to cater to the demand of the premium segment. Also, the company increased the number of Looms by 44 Nos. In December 2007, the company started their Phase I Yarn Dyeing, Weaving and Processing plant at Surat. Thus, they installed Yarn Dyeing with the capacity of 2,000,000 Kgs and Fabric processing with the capacity of 9,000,000 Mtrs. During the year 2007-08, the company increased the number of Looms from 208 Nos to 246 Nos. During the year 2008-09, the company increased the production capacity of Fabric Processing from 9,000,000 Mtrs to 24,000,000 Mtrs. The company commenced their Surat operations taking up the installed capacity to 17 million metres of fabrics annually. At present, the company is a composite textile unit with yarn dyeing, weaving and processing capacities. The Surat facility is one of the best world-class facilities in the textile industries.