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Sportking India Ltd.

BSE: 539221 Sector: Industrials
NSE: N.A. ISIN Code: INE885H01011
BSE 00:00 | 20 Apr 1149.70 54.55
(4.98%)
OPEN

1149.90

HIGH

1149.90

LOW

1121.00

NSE 05:30 | 01 Jan Sportking India Ltd
OPEN 1149.90
PREVIOUS CLOSE 1095.15
VOLUME 4734
52-Week high 1149.90
52-Week low 146.35
P/E 9.88
Mkt Cap.(Rs cr) 409
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1149.90
CLOSE 1095.15
VOLUME 4734
52-Week high 1149.90
52-Week low 146.35
P/E 9.88
Mkt Cap.(Rs cr) 409
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Sportking India Ltd. (SPORTKINGINDIA) - Company History

Sportking India was incorporated on 15 Feb.'89 by Raj Kumar Avasthi and his family members. It was engaged in the business of hosiery knitwears and readymade garments at New Delhi. Due to shortage of skilled and semi-skilled labour in hosiery knitwear and readymade garments the company suspended this activities in 1993-94.The company diversified its activities by installation of 6520 spindles at Meharban (Ludhiana district) Punjab to manufacture acrylic yarn which commenced commercial production on 3 Dec.'93.In 1995 the company embarked on an expansion programme to set up a new spinning unit with a complement of 12000 spindles in the first phase out of the envisaged capacity of 25000 spindles for the manufacture of acrylic / synthetic yarn at Kanech Punjab. In order to part-finance the project it came out with a public issue in Dec.'95.

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