Ginni Filaments Limited was incorporated on July 28, 1982. The Company was established with the object of manufacturing cotton yarns. The Company is one of the leading integrated manufacturers of cotton yarn, processed knit fabrics and knit garments in India. It is engaged in the manufacture of textiles, yarn, fabric, non woven fabrics and garments. It operate in two business segments, namely textiles and others. The other segments comprises of consumer products, which include wipes made of spunlace fabric, which are used in personal hygiene, healthcare.
The company's products include cotton yarn, non woven fabrics, knitted fabrics and knitted garment. The company manufacturing units are located at Chhata, Noida and Haridwar. They have state-of-the-art spunlace non woven fabric manufacturing facility at Panoli in Gujarat. The company's consumer products include wet wipes, medical disposables, wound care, home care/ industrial wiping and private labeling.
In September 1982, the Company commenced their business. In 1990, it set up a unit for manufacture of Cotton Yarn with 26208 spindles at Chhata, Dist Mathura. In 1993, it expanded the installed capacity to 36288 Spindles. In 1995, it further expanded the installed capacity to 54432 Spindles. Also, the Company entered into knitting business.
In May 2005, the company set up Dyeing & Processing plant at Chhata in Uttar Pradesh and started commercial production. During the year 2006-07, the company installed a non-wove ...n Plant at their Panoli (Gujarat) Unit with an installed capacity of about 12000 Tones per annum and commenced production. Also, they started production in Garment unit at Noida.
During the year 2007-08, the company completed the de-bottlenecking and modernization of spinning units at Kosi (UP) and Panoli (Gujarat). During the year 2007-08, the company's projects of installation of grid connection, de-bonding of their Export Oriented Unit (EOU) at Kosi (UP) was successfully completed. They set up a conversion unit at Haridwar (Uttarakhand) and completed the expansion of their consumer products division.
During the year 2009-10, as per the Scheme of Arrangement, Ganesh Synthetics Pvt Ltd, Abhinav Investments Pvt Ltd, Goodworth Merchants Pvt Ltd, engaged in investment activities and Ginni Power Ltd, engaged in power generation business got amalgamated with Company with effect from January 16, 2010.
In 2012-13, after the completion of converting Unit for manufacture of Nonwoven Wipes at Panoli, Company had undertaken expansion of its Haridwar unit for manufacturing of Wet Wipes for reputed Global Brands.
Company transferred the Spinning, Knitting and Processing Undertaking situated at Mathura district of U.P. as a going concern via slump sale basis in FY 2023-24.
FAQs on Ginni Filaments Ltd
1. Can I buy Ginni Filaments Ltd from PL Capital? ›
Yes, you can invest in Ginni Filaments Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Ginni Filaments 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 Ginni Filaments Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Ginni Filaments Ltd pay dividends? ›
Ginni Filaments 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 Ginni Filaments Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Ginni Filaments Ltd. is ₹ 41.28 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Ginni Filaments Ltd ? ›
The 52-week high and low of Ginni Filaments Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
