Avi Ansh Textile Limited was originally incorporated as 'Rajneesh Spinners Private Limited' on 27th April, 2005 as a Private Company with the Registrar of Companies Punjab, H.P. & Chandigarh. The Company name was further changed to 'Avi Ansh Textile Private Limited' dated 16th December,2013 . In 2023, Company converted to a Public Limited attaining the name 'Avi Ansh Textile Limited' and a fresh Certificate of Incorporation dated 3rd January,2024 by the Registrar of Companies, Delhi.
The Company is engaged in yarn spinning, manufacturing high quality cotton yarns in Derabassi, Punjab. Since 2005, Company has been a prominent player in the yarn sector and has established as a premier manufacturer and exporter of 100% cotton yarn, specializing in carded, combed and slub yarn with counts ranging from 20s to 40s.
With 26,314 spindles, it produce approximately 4,500MT of cotton yarn annually. Branded as Pooja Gold, the yarn reflects meticulous craftsmanship, offering unparalleled softness, strength, and versatility. Additionally, the Company vertically integrated into the knitting division, producing superior quality fabrics in dyed and greige variants, delivered within promised timelines. Equipped with high-speed automatic circular knitting machines, fabric division can knit 1800 MT per annum of various fabric types.
After Attaining its hold over spinning, Company diversified the business into Knitting , leading a vertical integration. It commenced operations with insta ...lling 20 machines with an annual capacity of 1800 metric tons in FY 2022-23.
The Company issued and allotted 41,93,541 equity shares of Rs 10 by raising Rs 26 Cr through fresh issue on September 24, 2024.
FAQs on Avi Ansh Textile Ltd
1. Can I buy Avi Ansh Textile Ltd from PL Capital? ›
Yes, you can invest in Avi Ansh Textile Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Avi Ansh Textile 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 Avi Ansh Textile Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Avi Ansh Textile Ltd pay dividends? ›
Avi Ansh Textile 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 Avi Ansh Textile Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Avi Ansh Textile Ltd. is ₹ 117.5 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Avi Ansh Textile Ltd ? ›
The 52-week high and low of Avi Ansh Textile Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
