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Reliance Chemotex Industries Ltd.

BSE: 503162 Sector: Industrials
NSE: N.A. ISIN Code: INE750D01016
BSE 14:57 | 11 Aug 70.00 5.00
(7.69%)
OPEN

65.10

HIGH

72.50

LOW

63.15

NSE 05:30 | 01 Jan Reliance Chemotex Industries Ltd
OPEN 65.10
PREVIOUS CLOSE 65.00
VOLUME 16236
52-Week high 84.90
52-Week low 37.00
P/E 6.00
Mkt Cap.(Rs cr) 56
Buy Price 70.00
Buy Qty 43.00
Sell Price 71.10
Sell Qty 50.00
OPEN 65.10
CLOSE 65.00
VOLUME 16236
52-Week high 84.90
52-Week low 37.00
P/E 6.00
Mkt Cap.(Rs cr) 56
Buy Price 70.00
Buy Qty 43.00
Sell Price 71.10
Sell Qty 50.00

Reliance Chemotex Industries Ltd. (RELCHEMOTEX) - Company History

Incorporated in 1977 in Maharashtra Reliance Chemotex Industries (RCIL) manufactures blended polyester/viscose yarn at Kanpur village (Udaipur) Rajasthan.Commercial production of blended yarn (inst. cap. : 12400 spindles) commenced in 1979. In 1982 it expanded its capacity to 16320 spindles. The company has implemented a modernisation-cum-expansion programme to increase its capacity to 17280 spindles. It entered the capital market to part-finance this expansion. The company has successfully completed its expansion programme and the commercial production started from Mar.'96.To meet its Working Capital requirements the company issued 16% NCD of Rs.300 lacs to IDBI on a private placement basis. It also allotted 248500 10% Cumulative Preference shares of Rs.100/-each to promoters and their associates during 2002-03. RIICO has sanctioned a Term loan of Rs.122.50 lacs under TUF for modernisation and installation of various machines.