Incorporated in January, 1984, Ashnoor Textile Mills Ltd (Formerly known Gupta Carpets Udyog Ltd) is promoted by Mr. Suneel Gupta. The Company operate production facilities at Amritsar, Agra, Mirzapur, Jaipur, Panipat and Srinagar. It is engaged in manufacture and export of Terry Towels to the US. It has one plant located at Gurgaon.
The Company produce over 5400 tons of high quality towels annually. It provide a full range of towel products catered to the hospitality industry. The Company started its operations in the early 1990's and today; they are one of the leading suppliers for medium to large size hotel chains. They're pioneers in white, colored, pool and kitchen towels.
The Company went public in 1986 and issued equity capital worth Rs 88 lac. It was followed by a rights iss ...ue in 1989 in the ratio of 1:2 at a premium of Rs 4 per share. In Mar.'92, the company came out with another rights issue. All these issues were made to expand its activities.
Again, in Jul.'93, the company came out with a rights issue of 35.85 lac equity shares at a premium of Rs 35, aggregating Rs 16.13 cr, to set up a new industrial unit (100% EOU) to manufacture terry towels, towelling materials, made-ups, bath robes, jerseys, etc.
Thereafter, the Company diversified into cotton spinning and weaving of fabrics and bathroom mats by installing a composite plant with a spinning capacity of 1800 tpa of fabric weaving with a capacity of 15 lac sq mtr pa in Punjab, a major cotton-growing area.
1. Can I buy Ashnoor Textile Mills Ltd from PL Capital? ›
Yes, you can invest in Ashnoor Textile Mills Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Ashnoor Textile Mills Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Ashnoor Textile Mills Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Ashnoor Textile Mills Ltd pay dividends? ›
Ashnoor Textile Mills Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Ashnoor Textile Mills Ltd ? ›
As of
06-11-2025 the share price for Ashnoor Textile Mills Ltd. is 47.71 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Ashnoor Textile Mills Ltd ? ›
The 52-week high and low of Ashnoor Textile Mills Ltd share price is ₹ 40.02 - ₹ 84.11 as of
06-11-2025 .
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