You are here » Home » Companies » Company Overview » Bhilwara Spinners Ltd

Bhilwara Spinners Ltd.

BSE: 514272 Sector: Industrials
NSE: N.A. ISIN Code: INE436C01014
BSE 00:00 | 22 Oct 19.90 -0.10
(-0.50%)
OPEN

21.45

HIGH

21.45

LOW

18.50

NSE 05:30 | 01 Jan Bhilwara Spinners Ltd
OPEN 21.45
PREVIOUS CLOSE 20.00
VOLUME 13920
52-Week high 23.90
52-Week low 11.00
P/E 13.01
Mkt Cap.(Rs cr) 13
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 21.45
CLOSE 20.00
VOLUME 13920
52-Week high 23.90
52-Week low 11.00
P/E 13.01
Mkt Cap.(Rs cr) 13
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Bhilwara Spinners Ltd. (BHILWARASPINNER) - Company History

Engaged in the manufacture of cotton yarn synthetic blended yarn hosiery yarn and sewing threads Bhilwara Spinners is controlled by the Bhilwara group of Rajasthan. A subsidiary of Rajasthan Spinning & Weaving it became an independent company in 1990-91. It exports to countries in western Europe and east Asia.Bhilwara Spinners came out with a public issue in Apr.'93 to part-finance its modernisation and to augment its working capital. A cost overrun of Rs 45 lac was met through internal accruals.In 1995-96 the company undertook a balancing-cum-modernisation and expansion programme costing Rs 22.78 cr and as a result 3840 spindles are added. The 4.25 MW Power project was completed in October1998. he company completed the installation of 3 Autoconers and 8 Two for one twisters. The scheme of Amalgamation of the company M/s Rajasthan Spinning & Weaving Mills Limited has not been given effect in view of the order of the Hon'ble High Court of RajasthanJodhpur passed during 2000-01. The company made a reference to BIFR about accumulated losses resulting in erosion of the networth of the company.

.