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Jagjanani Textiles Ltd.

BSE: 532825 | NSE: | Series: NA | ISIN: INE702H01018 | SECTOR: Textiles - General

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Jagjanani Textiles is not listed on NSE
Company History - Jagjanani Textiles
History and Major Events
 
 Jagjanani Textiles Limited is a Public Limited Company incorporated
 on  1st  April 1997 under Companies Act and Registered with ROC
 Jaipur vide incorporation No.17-013498 and obtained certificate for
 commencement of Business as 7th  May 1997. The main objective of the
 Company is to manufacture/trade-yarn/textile. The registered office
 of the Company is at S-25 Shyam Nagar, Ajmer Road, Jaipur and works
 at E-228 RIICO Industrial Area, Bagru, Jaipur. 
 
 Keeping in view the object of the Company the promoters  decided to
 set up a quality yarn Production Unit with latest state of art
 facilities.  The Company acquired land for this purpose in November
 1997 and took  effective steps for installation of spinning plant at
 a total cost of Rs. 1650 lakhs.  The plant was partially commissioned
 in March 1999 and completed by February  2000. Further there was
 addition of one AutoCoro machine with 192 Rotors was purchased in 
 the FY 2003-04.
 
 The existing project is situating at RIICO Industrial  Area Bagru, 
 Jaipur on a plot of 9875 Sq. mts. The site is 25 kms from Jaipur (on 
 NH-8 Jaipur  Ajmer Road) and RIICO has provided all infra structural
 support like Roads,  Water, Electricity etc.
 
 The project envisaged installation of 4 Auto Coro machines with 768
 Rotors. As planned 2 machines were commissioned in March 1999 with
 384 rotors and after watching theperformance of the equipments and
 market response remaining 2 machines with 384 Rotors were
 commissioned in February 2000. The Company has selected Open End
 spinning machines keeping in view the higher speed of yarn production
 and lower involvement of labour. Moreover in this process no separate
 winding machines are required. In house power generating
 facilitieshave been installed for ensuring quality and continuity of
 power for production. The manufacturing process comprises cleaning of
 Cotton (Blow Room stage), elimination of short fibres (Carding)
 parallelization of fibres (draw frame) and Spinning (Rotors 768 in
 number). The unit is equipped to manufacture yarn in the count range
 of Ne 3 to Ne 30 depending upon the market requirement. The machines
 installed by the Company ensure on line quality monitoring. Due to
 better quality standards Company's products enjoy patronage from all
 leading fabric manufacturers in India and abroad. Company supplies
 yarn to Arvind Mills, Ashima, Raymond, K G Denim, Vardhman Group,
 Soma Textiles, Malwa Industries of Oswal Group, Rainbow Denim etc.
 Yarn is also regularly exported to HongKong, China, Pakistan, Egypt,
 Dubai and Bahrain.
 
 MAJOR EVENTS IN THE HISTORY OF THE COMPANY
 
 Year   Events
 
 1997   
 
 -Incorporation under the Companies Act, 1956
 
 1999    
 
 -Commissioning of two nos Auto Coro Machines completed and Commenced
 Production of Cotton yarn
 
 2000    
 
 -Commissioning of all four Auto Coro machines with preparatory as per
 project.
 
 -First Export order executed
 
 2001    
 
 -Production of Hosiery Yarn for Knitting on O E machines
 
 2002    
 
 -Production of Polyester Cotton Blended Yarn for work wear fabrics
 for export.
 
 2003    
 
 -Major thrust in Export Market (Export turnover USD 13, 67,286/-)
 
 2004   
 
 -Addition to capacity by installing one number Auto Coro machine and
 other balancing equipments.
 
 -Achieved highest production - 3536 MT and sales 3535 MT of yarn.
 
 2005    
 
 -Introduction of 100% Viscose Yarn - Ne 30 for exports. Export House
 eligibility.
 
 2007
 
 -Jagjanani Textiles Ltd gets its shares listed on the Exchange in the
 list of 'B1' Group Securities
  
 
 2015
 
 -Jagjanani Textiles Ltd has been shifted its Registered Office of the
 Company from S-25, Shyam Nagar, Jaipur-302019 to E-228, RIICO
 Industrial Area, Bagru Extn-I, Bagru, Jaipur-303007, Tel.
 0141-5123802