Aspinwall & Company Limited, is one of the earliest commercial enterprises in the Malabar Coast of South India, established in year 1867, by the legendary English trader and visionary, John H. Aspinwall. In 1867, John H Aspinwall acquired the business of Scott Brothers and launched Aspinwall & Company, offering a range of shipping services, besides carrying on business in timber, spices and several other agro products. In 1884, John H Aspinwall expired and the Company remained into the hand of his partner W.N. Black.
In 1956, the Erstwhile Royal Family of Travancore acquired a small interest in Aspinwall, when it became a Public Limited Company. In the early '70's, when the English owners decided to disinvest, a major portion of the company's shareholding was taken over by the Erstwhile Royal Family, and they hold the controlling interest till date. The Company is a multi-line business organization and is engaged in Logistics services, Coffee processing and trading, Rubber Plantations, manufacture and trading of Natural Fibre products.
Aspinwall's involvement with shipping dates back to the very origin of the company, about a century-and-a-half ago. The Company steadily expanded its sphere of operations, building upon its rich expertise and extensive experience in ship chartering and marine/general insurance. Today, Aspinwall's Logistics Division has presence with a wide network of offices that covers major ports, ICD's and airports. This Division is an IATA accredited ... cargo agency having operations at all major airports in the country.
The Company provides documentation services to importers and exporters at all customs stations in the country covering ports, ICD's and airports. The Logistics Division provides agency services to owners and charterers of bulk and liquid cargo, containers, cruise ships and off-shore vessels. The Division has extensive warehousing facilities at all its locations for safe storage of consignments. It handle major commodities such as iron ore, coal, fertilisers, foodgrains, sugar, etc., at ports across India. It also handled major projects that include Customs clearance, handling and transportation of over-dimensional and heavy lift consignments.
Aspinwall entered the Natural Fibre industry over a hundred years ago, with factories in Alleppey for producing handloom products and a powerloom for machine-made runners and mattings. The Group's century-old experience and expertise, handed down through generations of talented artists and artisans, is reflected in its masterly creations. The Natural Fibre division has a well-staffed design center. Apart from developing its own special designs, the division also manufactures Natural Fibre products customised to specific buyer needs. The product range includes entrance mats, corridor mats, carpets, mattings, rugs, runners and mesh mattings.
Of late, the Plantation Division has further diversified its business interests by entering into the manufacturing of a product known as Esophagus Varacies Ligation Bands (EVL Bands), also known as 'Multi Band Ligator.' The factory produces superior quality Centrifuged latex & Technically specified natural rubber (ISNR).
In 2002, the Company had entered into different sectors of Kerala like information technology, tourism and biotechnology. In 2003, the company entered into ITES by setting up a modern international business process outsourcing (BPO) centre at Calvetty.
In 2019-20, the Company ventured into new business initiatives comprising of trading of Premium Virgin Coconut Oil product. Also, by incorporating a new wholly-owned subsidiary company, viz., Aspinwall Healthcare Private Limited, the Aspinwall Group has also entered into the manufacturing and trading of medical products/accessories/equipment market.
Company has diversified business activities comprising logistics services across 11 branches in India, rubber plantations at Malappuram, coffee processing and trading at Mangalore, natural fiber division at Pollachi, Sales office in Hertogenbosch (Netherlands) in FY 2022-23.
FAQs on Aspinwall & Company Ltd
1. Can I buy Aspinwall & Company Ltd from PL Capital? ›
Yes, you can invest in Aspinwall & Company Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Aspinwall & Company 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 Aspinwall & Company Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Aspinwall & Company Ltd pay dividends? ›
Yes, Aspinwall & Company Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Aspinwall & Company Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Aspinwall & Company Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Aspinwall & Company Ltd. is ₹ 216.95 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Aspinwall & Company Ltd ? ›
The 52-week high and low of Aspinwall & Company Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
