MKP Mobility Limited (formally known as Chitradurga Spintex Limited) was incorporated as a Private Limited Company in December, 1990 and was converted into a Public Limited Company in May 1992. It was promoted by S Rajasekharappa, S Vishwanath and S Chandrasekhar. The Company's name got changed to MKP Mobility Limited effective on December 21, 2022. Presently, the Company is s involved into the business of distribution and exports- automotive parts, industrial products, mechanical and electronic components, auto care products. lubricants, tyres, batteries, refurbished parts.
The company set up a plant to manufacture cotton yarn of 4's to 20's count, at Challakere (Chitradurga district), Karnataka, with term-loan assistance from KSIIDC and KSFC. Phase-I of the project commenced commercia ...l production in Feb.'93.
In 1995, in the phase-II of the project, the company diversified into low count cotton yarn of 4's and 6's count by importing conversion kits from Flitex Corveny Kosetec, Czech Republic and also expanded the existing capacity of phase-I. The company came out with a public issue of 30 lac equity shares of Rs 10 each for cash at par aggregating Rs 3 cr, in Jan.'95 to part-finance phase-II of its project.
The company replaced new 320 KVA DG set in the place of old 320 KVA DG set to take better advantage. It installed chute feeding system to blow room line at a cost of Rs 26 lac to improve quality of finished goods and production.
The Company disposed off some of the textile machines after stoppage of spinning activity from 31.12.2008.
Yes, you can invest in MKP Mobility Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track MKP Mobility 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 MKP Mobility Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does MKP Mobility Ltd pay dividends? ›
MKP Mobility 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 MKP Mobility Ltd ? ›
As of
05-12-2025 the share price for MKP Mobility Ltd. is 141.95 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of MKP Mobility Ltd ? ›
The 52-week high and low of MKP Mobility Ltd share price is ₹ 102.65 - ₹ 256.8 as of
05-12-2025 .
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