10 Companies that FIIs love

Published on Sat, Oct 31, 2009 at 14:14 |  Source : Moneycontrol.com

Updated at Wed, Nov 25, 2009 at 16:42  

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10 Companies that FIIs love

In FIRST place:

Name of company: Sybly Industries Limited

FII share in company: 74.18 %

Best known for: Manufacturing Polyester Yarn and Mercerised Cotton Yarn.

Promoted by Shri Satya Prakash Mittal and his sons Mahesh & Umesh Sybly Industries Limited is engaged in the manufacturing of Polyester Yarn and Mercerised Cotton Yarn having its Works and Registered Office at Pawan Puri, (Near Canal), Muradnagar, Distt. Ghaziabad (U.P.)

In December 1995 the Company converted into a Public Limited Company named as SYBLY SPINNING MILLS LIMITED and came out with a Public Issue of Equity Shares over Rs.245 Lacs which was over subscribed nearly by 2 times. With the help of this public issue the Company went into a backward integration project for Spinning of Cotton Yarn with the annual capacity of 1125 M.T. of Single Yarn and 660 M.T. of Cord Yarn.

The Company is presently running with the annual production capacity of 3460 M.T. Polyester Yarn and 660 M.T. Mercerised Cotton Yarn running with its optimum capacity. From January 2001 the Company changed its name to SYBLY INDUSTRIES LIMITED to widen its scope of activities. During the last 18 years, SIL has expanded, modernized & diversifies its manufacturing facility.


  

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