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Nandan Denim Ltd.

BSE: 532641 Sector: Industrials
NSE: NDL ISIN Code: INE875G01030
BSE LIVE 15:40 | 23 Nov 165.50 -0.50
(-0.30%)
OPEN

170.70

HIGH

170.70

LOW

165.00

NSE 15:49 | 23 Nov 165.65 -0.60
(-0.36%)
OPEN

165.30

HIGH

168.00

LOW

164.50

OPEN 170.70
PREVIOUS CLOSE 166.00
VOLUME 9960
52-Week high 186.65
52-Week low 107.00
P/E 13.95
Mkt Cap.(Rs cr) 795
Buy Price 0.00
Buy Qty 0.00
Sell Price 165.50
Sell Qty 100.00
OPEN 170.70
CLOSE 166.00
VOLUME 9960
52-Week high 186.65
52-Week low 107.00
P/E 13.95
Mkt Cap.(Rs cr) 795
Buy Price 0.00
Buy Qty 0.00
Sell Price 165.50
Sell Qty 100.00

Nandan Denim Ltd. (NDL) - Company History

Nandan Exim Ltd is an India-based company engaged in textile industry. The company is engaged in manufacturing gray cotton fabrics, khakhis and denims. They also manufacture fabrics of different weaves, dyes, combination of yarns and weights. The range of fabrics include denim, twills, stretch, bull denim, broken twills. Their principal products include cotton grey fabric/ blended fabrics, cotton yarn, denim fabrics and ready made garments. Nandan Exim Ltd was incorporated on August 9, 1994 as a private limited company with the name Nandan Exim Pvt Ltd. The company was established for manufacturing, trading and export of textile products and was promoted by Vedprakash D Chiripal and Brijmohan Chiripal. Initially, the company was in the business of trading of fabrics in domestic and international markets. During the year 2003-04, they commenced implementation of Weaving (Grey) project. In January 16, 2004, the company was converted into public limited company and the name was changed to Nandan Exim Ltd. During the year 2004-05, the company forayed into manufacturing and weaving by installing imported air jet looms. They commenced implementation of Denim Project. In July 2005, the company further diversified into manufacturing of Denim Fabrics with an installed capacity of 100 lakh meters per annum. In March 2006, the company increased their production capacity of Denim from 100 lakh meters per annum to 200 lakh meters per annum. During the year 2006-07, the company commenced implementation of spinning project, expansion of denim project and setting up of captive power plant. They commissioned their Third Line of Denim by increasing existing capacity from 20 lakh meters per annum to 30 lakh meters per annum. Also, they commissioned one unit of Spinning Project. During the year 2007-08, the company increased the production capacity of Denim and Grey Fabrics from 35600000 meters to 42000000 meters. Also, they increased the installed capacity of Spinning from 7200000 kg to 14400000 kg. During the year 2009-10, the company fully completed expansion project by commission their fourth Denim Lines. Thus, the total capacity increased to 40 lakh meters per annum. Also, they commissioned the spinning plant and 15 MW power project.