Maris Spinners Ltd was incorporated as a Private Limited Company on 18 Sep.'79. The Company became Deemed Public in 1994. In 1995 it became a Public Limited Company and was promoted by M Thangavelu, M Rengaswamy and their Associates. The Company is a leading spinning mill manufacturing high quality yarn for the domestic market with interests in Wind Energy Generation for captive use. The Company is headquartered in Chennai.
The Company situated in the backward area of Hunsur Taluk, Mysore District, Karnataka, had started its commercial production on 9th March 1981, with an installed spindlage of 11856; which increased to 24672 spindles in 1991. In year 1995, the Company's second unit with 14112 spindles, was commissioned at Manaparai Taluk, Tiruchirappalli District in Tamil Nadu. Both ...the units undergo regular modernization and expansion. The present capacity at Hunsur is 28704 spindles and at Manaparai it is 17472 spindles. The Group has interests in Tea Estates, Hotels, and Green power generation etc., as well.
In 1994, the company set up two wind turbine generators (WTGs) at Muppandal, Tamilnadu. In Mar.'95, it installed three more WTGs. The company came out with a public issue in Dec.'95 to part-finance is modernisation programme and also to set up a second spinning unit at Manaparai, Tamilnadu, with a capacity of 14,112 spindles, which will take the total spinning capacity to 38,784 spindles.
1. Can I buy Maris Spinners Ltd from PL Capital? ›
Yes, you can invest in Maris Spinners Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Maris Spinners 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 Maris Spinners Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Maris Spinners Ltd pay dividends? ›
Maris Spinners 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 Maris Spinners Ltd ? ›
As of
04-12-2025 the share price for Maris Spinners Ltd. is 33.28 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Maris Spinners Ltd ? ›
The 52-week high and low of Maris Spinners Ltd share price is ₹ 28.9 - ₹ 45.99 as of
04-12-2025 .
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