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Gini Silk Mills Ltd.

BSE: 531744 Sector: Industrials
NSE: N.A. ISIN Code: INE548B01018
BSE 15:40 | 24 Jun 59.00 -0.30
(-0.51%)
OPEN

59.00

HIGH

59.00

LOW

57.00

NSE 05:30 | 01 Jan Gini Silk Mills Ltd
OPEN 59.00
PREVIOUS CLOSE 59.30
VOLUME 129
52-Week high 70.25
52-Week low 43.65
P/E
Mkt Cap.(Rs cr) 33
Buy Price 0.00
Buy Qty 0.00
Sell Price 59.00
Sell Qty 911.00
OPEN 59.00
CLOSE 59.30
VOLUME 129
52-Week high 70.25
52-Week low 43.65
P/E
Mkt Cap.(Rs cr) 33
Buy Price 0.00
Buy Qty 0.00
Sell Price 59.00
Sell Qty 911.00

Gini Silk Mills Ltd. (GINISILKMILLS) - Company History

Gini Silk Mills was incorporated in Apr.'81 as a private limited company and was converted into a public limited company in Jul.'95. It was promoted by Vishwanath Harlalka and Deeak Harlalka. From 1981 to 1988 the company was running a process house on lease basis at Andheri Bombay belonging to its group concern. Engaged in manufacturing polyester shirting fabrics the company set up its own weaving unit at Kandivli in 1985. Its products are sold under the Gini brand name. The company has been depending heavily on outside processors for processing grey fabrics where both the delivery schedules and the quality was not being maintained and in order to overcome these problems the company in 1995-96 set up a process house at Tarapur with an annual capacity of 150 lac mtrs p.a to process top dyed piece dyed and printing of fabrics. It came out with a public issue in Mar.'96 to part-finance its project and to meet the margin for the enhanced working capital requirements.