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Jindal Saw Ltd.

BSE: 500378 | NSE: JINDALSAW |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE324A01024 | SECTOR: Steel - Tubes & Pipes

BSE Live

Aug 12, 16:00
60.60 -0.45 (-0.74%)
Volume
AVERAGE VOLUME
5-Day
151,021
10-Day
113,039
30-Day
157,588
67,609
  • Prev. Close

    61.05

  • Open Price

    61.00

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Aug 12, 15:59
60.65 -0.40 (-0.66%)
Volume
AVERAGE VOLUME
5-Day
1,681,906
10-Day
1,295,086
30-Day
1,610,288
790,654
  • Prev. Close

    61.05

  • Open Price

    60.70

  • Bid Price (Qty.)

    60.65 (207)

  • Offer Price (Qty.)

    0.00 (0)

Company History - Shekhawati Poly-Yarn
Shekhawati Poly-Yarn Limited was originally incorporated on November
 5, 1990 as a Private Limited Company under the Companies Act, 1956 
 in  the State of Maharashtra and a Certificate of  Incorporation was
 obtained from  the Addl. Registrar of Companies, Maharashtra, Mumbai
 having a Certificate No. 11-58818/1990. Later, it was converted into
 a Public  Limited  Company  by  passing  a  Special  Resolution  at 
 the  Extra  Ordinary  General  Meeting  of  the 
 Company  held  on  27th  Feb,  2010  and  Fresh  Certificate  of 
 Incorporation  for  the  same was  obtained  from  the Registrar of
 Companies, Maharashtra, Mumbai on 19th  April, 2010. 
 
 Our Company presently  is  engaged  in manufacturing of  Knitted and
 Woven Fabrics with  its  registered Office  at  2, Anantwadi, Vaidya
 Bhawan, 1st  Floor, Bhuleshwar, Mumbai- 400 002 and manufacturing
 facilities at: 
 
 Unit 1 
 Plot No 20, Sheetal Industrial Estate, Demini Road, Dadra, Dadra and
 Nagar Haveli, 396 191 
 
 Unit 2 
 Plot No 44, Government Industrial Estate, Masat, Samarwani, Dadra and
 Nagar Haveli, 396 230
 
 Unit 3 
 Plot No 185/1,Naroli Village, Kanadi Phatak, Silvassa, Dadra and
 Nagar Haveli, 396 235 
 
 MAJOR EVENTS OF OUR COMPANY 
 
 Shekhawati  Poly-Yarn  Limited  (=Shekhawati) was  incorporated  in 
 1990 with  an  object  to  deal  in  textiles.  It  started
 manufacturing  Texturised  Yarn  with  2  machines  setup  in 
 1995-97  (Unit  1).  Our  Company  soon  identified opportunities  in
  selling Twisted Yarn and  integrated  its  facilities  to manufacture
 Twisted Yarn by  installing Twisting Machines  (TFO).    It  then 
 replaced  two Texturising Machines  by  installing  newer  technology
  high  speed Texturising Machines along with 5 TFO machines in 2005.
 With aggressive expansion plans, our Company expanded into Unit 2 by
 adding 8 additional Texturising Machines. Our Company in March 2009
 had 10 Texturising Machines and 5 Twisting (TFO) Machines in
 operations. 
 
 Shekhawati  identified  12  acre  land  at  Silvassa  to  install  10
  additional  Texturising  Machines  in  factory  building admeasuring 
 55000  Sq.ft.  The  civil  construction  of  the  factory  has  been 
 completed  and  production  with  8  new machines has been started. 
 
 This is Phase 1 of the proposed expansion program in our Company for
 which the financial closure has been done by bringing in Part equity
 and part debt. The expansion project for the Unit 3 has been financed
 partly by Term Loans  from State Bank of India and Shamrao Vithal
 Co-operative Bank and by owners contribution.
 
 The expansion History is summarized as below: 
 
 
 1990                  
  Incorporation  Trading of Textiles 
 
 1995-96            
 Setting-up of Unit 1 at Village Dadra, Silvassa - with one
 Texturising Machine  600 TPA 
 
 1996-97             
 Additional One Texturising Machine Installed 1200TPA
 
 2005-06          
 Modernisation of Texturising Machines to increase installed capacity
 2400TPA  
        
 Forward Integration to Twisting by installing 5 TFO machines 600TPA 
 
 2007-08           
 Setting-up of Unit II at Village Masat, for manufacturing Texturised
 Yarn by installation of 8 additional Texturising Machines  10800 TPA
 
 
 2009-10          
 Construction of Unit 3 completed at Silvassa measuring 55000 Sq. Ft. 
                             Installation  of  4  Texturising Machines 
 is completed  and  6  Texturising  Machines                           
                     are  already  Procured  but  yet  to  be Installed
  (not  Funded  through  IPO Proceeds).                                
                                                                       
                                                                     
 
 2010-11        Installation of Texturising Machines                  
                                                                Out of
 the 6 Texturising Machines already procured as mentioned above, 4
 Machines have been installed and 2 Machines are yet to be installed.
 
 
 2011
 Shekhawati Poly Yarn Ltd has shifted its Corporate office from: Old
 Address:Atlanta estate, Unit no.113, near Virwani Industrial Estate,
 Vitt Bhatti, Goregaon (East), Mumbai - 400063.To New Address:Express
 Zone, A Wing, Block No.1102-1103, Patel Vatika, Off. Western Highway,
 Malad (East), Mumbai - 400 097.
 
 2012
 Shekhawati Poly Yarn Ltd has  granted ISO 14001:2004 Certification
 for the Company's Environmental Management System, which meets their
 requirements of the recognized ISO 14001:2004 standard by AGSI.
 
 2013
 -Board approves Stock Split from face value Rs 10 to Rs 1.
 -The company shifted Registered Office from the Stats of Maharashtra
 to the Dadra & Nagar Haveli (Union Territory).
 - The company appointed Mr. Ravi Sanjay Jogi as an Additional
 Director.
 -The company appointed Mr. Ravi Sanjay Jogi as a Whole-Time
 Director.