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SPL Industries Ltd.

BSE: 532651 Sector: Industrials
NSE: SPLIL ISIN Code: INE978G01016
BSE 00:00 | 28 Jul 52.25 -0.05
(-0.10%)
OPEN

53.10

HIGH

53.25

LOW

51.55

NSE 00:00 | 28 Jul 52.35 0
(0.00%)
OPEN

53.50

HIGH

53.50

LOW

51.15

OPEN 53.10
PREVIOUS CLOSE 52.30
VOLUME 8594
52-Week high 57.85
52-Week low 23.00
P/E 11.19
Mkt Cap.(Rs cr) 152
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 53.10
CLOSE 52.30
VOLUME 8594
52-Week high 57.85
52-Week low 23.00
P/E 11.19
Mkt Cap.(Rs cr) 152
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

SPL Industries Ltd. (SPLIL) - Company History

SPL Industries Ltd is an India-based company. The company is engaged in the sale of cotton knitted garments and made ups. They design manufacture and sell a range of outer wear which includes T- shirts sweat shirts polo shirts and bed sheets. They also manufacture and exports knitted fabric and knitted garments. The company is having five manufacturing units located at Faridabad in Haryana.SPL Industries Ltd was incorporated on December 6 1991 as a private limited company with the name Shivalik Prints Pvt Ltd. The company was established with the main objective of carrying on the business of manufacturing and export of apparel. They established their first textile unit named 'SPL processing house' with a focus on printing and dyeing of cloth with a capacity of 100000 meters/day. In July 1992 the company expanded their operation by installing new equipment and increased their capacity to 150000 meters/day. In September 23 1994 the company changed their name to SPL Industries Ltd.In March 1995 the company set up a vertical integrated plant for apparel manufacturing which had the facilities for knitting dyeing processing cutting and stitching with a capacity of producing 100000 pieces of knitted garment per month. Also they increased their capacity by another 150000 pieces per month due to a growing customer base and demand for their products.In the year 1999 the company sold off their printing unit. In the year 2000 they diversified further and started cotton sweater division with a capacity of 120000 pieces per month. Also they established another knitwear unit with capacity of 250000 pieces per month and 100000 pieces per month of Home Furnishings.In the year 2002 the company opened another Knitted Garment unit with capacity of 250000 pieces per month which increased the total capacity to 750000 pieces per month. In the year 2003 SPL Machines Ltd was amalgamated with the company. In the year 2005 the company was accorded the status of Two Star Export House in accordance with the provisions of the Foreign Trade Policy.During the year 2005-06 the company increased the production capacity of knitted fabric by 2400 MT to 7000 MT. They increased the production capacity of Processing & Dyeing by 3000 MT to 8000 MT. Also they increased the production capacity of Processing and Dyeing of Fabric Garments by 3500000 Pcs to 13200000 Pcs.During the year 2007-08 the company increased the production capacity of Processing and Dyeing of Fabric Garments by 6800000 Pcs to 20000000 Pcs. During the year 2008-09 they further increased the production capacity of Processing and Dyeing of Fabric Garments from 20000000 Pcs to 22500000 Pcs. During the year 2009-10 the company disposed off their entire investment in their subsidiary company Mode Prints Ltd with effect from December 17 2009. Also Elkay Strips Ltd became a subsidiary company with effect from February 7 2010.

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