Varvee Global Limited was initially incorporated as a private limited Company as 'Aarvee Denims & Exports Private Limited' in March, 1988 and was converted into a public Limited Company in April, 1992. Subsequently, the Company changed the name to Varvee Global Limited from Aarvee Denims and Exports Limited in August, 2025. The Company has its plant at Narol, Ahmedabad and is presently engaged in the manufacturing and selling of denim and non denim Fabrics. It manufactures indigo denim fabrics.
The company made a public issue in Nov.'92 to finance its expansion programme to expand both yarn dyeing and weaving capacity to 81.60 lac mtr pa and 41.68 lac mtr pa respectively and to manufacture quality denim fabrics. Commercial production of the expanded capacity commenced in 1992-93.
In 1994-95, the company, as a diversification measure, implemented a project to set up an open end spinning unit for the in-house requirement of yarn.Pee Vee Synthetics is a subsidiary of the company, through which exports are done.
During the year 1997-98 ,the company has added 24 Nos High Speed Tsudakoma Airjet looms to match the increased dyeing sizing capacity. Expansion in spinning capacity from 5441 TPA to 7441 TPA was also undertaken.
The company has installed additional looms during the year 2000-2001 and by increasing the installated capacities the production has gone up by about 35 to 40%.
In 2004-05, Company increased its capacity for production of Denim Kibric from 33 mil ...lion metric tonnes per annum to 47 million metric tonnes per annum at its Isarol Plant. Simultaneously, Spinning capacity inclusive of Ring Spinning increased from 13000 million metric per annum to 17000 million metric per annum at Wage Sari Plant.
In 2005-06, the Company set up a small gabardine processing facility at its Unit I, Narol, Ahmedabad and in 2006-07, it implemented
a large gabardine processing facility at its Unit I, Narol. The first phase for expansion of Denim for 12 million metric was completed in March, 2011. On November 17, 2017, the Company incorporated a subsidiary company in the name of M/s. Aye Ess Spinning Mills Private Limited, Ahmedabad. Thereafter, it acquired 100% equity shares of the said Subsidiary Company and accordingly, it became wholly owned subsidiary of the Company.
During the year 2025, Jaimin Kailash Gupta became the Promoter of the Company via Share Purchase Agreement by acquiring 1,42,66,303 equity shares of the Company on September 5, 2024.
FAQs on Varvee Global Ltd
1. Can I buy Varvee Global Ltd from PL Capital? ›
Yes, you can invest in Varvee Global Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Varvee Global 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 Varvee Global Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Varvee Global Ltd pay dividends? ›
Varvee Global 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 Varvee Global Ltd ? ›
As of
30-Jan-2026 , 15:50:00 the share price for Varvee Global Ltd. is ₹ 123.62 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Varvee Global Ltd ? ›
The 52-week high and low of Varvee Global Ltd share price is ₹ 114 - ₹ 196.95 as of
30-Jan-2026 , 15:50:00 .
