Gujarat Hy-Spin Limited was incorporated as a Private Limited Company with the name 'Gujarat Hy-Spin Private Limited' on February 01, 2011. Subsequently the Company was converted into a Public Limited Company and Company name was changed to 'Gujarat Hy-Spin Limited' on August 05, 2016. Presently, the Company is engaged in the business of manufacturing and processing of yarn.
Maganbhai Parvadiya and Chandulal Parvadia are Promoters of the Company and were allotted shares on February 1, 2011. They are in the field of cotton ginning and pressing since last two decades. The Promoters were cotton farmers and started activity of cotton ginning, pressing and oil in a partnership firm.
The Company started with trading (including trading of products jobworked) of Cotton Bales, Cotton Seeds a ...nd Wash Oil and has now graduated to in manufacturing of cotton yarns mainly in domestic market and third party exports to some extent.
The Company started commercial production for yarn manufacturing in 2013. The Company came with IPO, through Offer for Sale, of 44,50,000 Equity Shares BY raising capital aggregating Rs 4.45 Crore in January, 2018.
The Company sells cotton yarns to the traders who further sell it to other Industrial units for weaving and other purposes. The company also sells directly to Industrial units for weaving purpose. The manufacturing plant is spread 15381.28 square meters such as Blow room, Humidification facility, Contamination sorter, Link Conner etc. The Company also has test laboratory of Uster where the cotton yarns are tested.
1. Can I buy Gujarat Hy-Spin Ltd from PL Capital? ›
Yes, you can invest in Gujarat Hy-Spin Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Gujarat Hy-Spin 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 Gujarat Hy-Spin Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Gujarat Hy-Spin Ltd pay dividends? ›
Gujarat Hy-Spin 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 Gujarat Hy-Spin Ltd ? ›
As of
05-12-2025 the share price for Gujarat Hy-Spin Ltd. is 17.95 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Gujarat Hy-Spin Ltd ? ›
The 52-week high and low of Gujarat Hy-Spin Ltd share price is ₹ 14 - ₹ 27.54 as of
05-12-2025 .
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