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Ginni Filaments Ltd.

BSE: 590025 Sector: Industrials
NSE: GINNIFILA ISIN Code: INE424C01010
BSE LIVE 15:40 | 19 Sep 47.10 0.50
(1.07%)
OPEN

47.00

HIGH

47.90

LOW

46.45

NSE 15:55 | 19 Sep 46.95 0.30
(0.64%)
OPEN

47.00

HIGH

47.80

LOW

46.40

OPEN 47.00
PREVIOUS CLOSE 46.60
VOLUME 43050
52-Week high 65.30
52-Week low 18.70
P/E 25.88
Mkt Cap.(Rs cr) 333
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 47.00
CLOSE 46.60
VOLUME 43050
52-Week high 65.30
52-Week low 18.70
P/E 25.88
Mkt Cap.(Rs cr) 333
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Ginni Filaments Ltd. (GINNIFILA) - Company History

Ginni Filaments Ltd is one of the leading integrated manufacturers of cotton yarn processed knit fabrics and knit garments in India. The company is engaged in the manufacture of textiles yarn fabric non woven fabrics and garments. They operate in two business segments namely textiles and others. The other segments comprises of consumer products which include wipes made of spunlace fabric which are used in personal hygiene healthcare.The company's products include cotton yarn non woven fabrics knitted fabrics and knitted garment. The company manufacturing units are located at Chhata Noida and Haridwar. They have state-of-the-art spunlace non woven fabric manufacturing facility at Panoli in Gujarat. The company's consumer products include wet wipes medical disposables wound care home care/ industrial wiping and private labeling. Ginni Filaments Ltd was incorporated on July 28 1982 as a public limited company. The company was established with the objective of manufacturing cotton yarns. In September 1982 they obtained certificate of commencement of business.In the year 1990 the company set up a unit for manufacture of Cotton Yarn with 26208 spindles at Chhata Dist Mathura. In the year 1993 they expanded the installed capacity to 36288 Spindles. In the year 1995 they further expanded the installed capacity to 54432 Spindles. Also the company entered into knitting business during the year. In May 2005 the company set up Dyeing & Processing plant at Chhata in Uttar Pradesh and started commercial production. During the year 2006-07 the company installed a non-woven Plant at their Panoli (Gujarat) Unit with an installed capacity of about 12000 Tones per annum and commenced production. Also they started production in Garment unit at Noida.During the year 2007-08 the company completed the de-bottlenecking and modernization of spinning units at Kosi (UP) and Panoli (Gujarat). During the year 2007-08 the company's projects of installation of grid connection de-bonding of their Export Oriented Unit (EOU) at Kosi (UP) was successfully completed. They set up a conversion unit at Haridwar (Uttarakhand) and completed the expansion of their consumer products division.During the year 2009-10 as per the scheme of arrangement Ganesh Synthetics Pvt Ltd Abhinav Investments Pvt Ltd Goodworth Merchants Pvt Ltd engaged in investment activities and Ginni Power Ltd engaged in power generation business were amalgamated with the company with effect from January 16 2010.