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Super Spinning Mills Ltd.

BSE: 521180 | NSE: SUPERSPIN |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE662A01027 | SECTOR: Textiles - Spinning - Cotton Blended

BSE Live

Oct 25, 10:45
12.25 0.58 (4.97%)
Volume
AVERAGE VOLUME
5-Day
18,938
10-Day
29,042
30-Day
34,405
5,114
  • Prev. Close

    11.67

  • Open Price

    12.19

  • Bid Price (Qty.)

    12.25 (9)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Oct 25, 10:49
12.30 0.55 (4.68%)
Volume
AVERAGE VOLUME
5-Day
54,952
10-Day
60,572
30-Day
49,533
51,746
  • Prev. Close

    11.75

  • Open Price

    11.75

  • Bid Price (Qty.)

    12.25 (1487)

  • Offer Price (Qty.)

    12.30 (2512)

Company History - Super Spinning Mills
Super Spinning Mills Ltd, one of the leading textile units in Andhra
 Pradesh was incorporated in the year 1962 and commercial production
 of cotton yarn was undertaken in April 1964 with an initial installed
 capacity of 12000 spindles. The installed capacity was increased
 consistently over the years to 50548 spindles by 1981. The company
 set
 up its second unit at Kotnur in Hindupur Taluk of Andhra Pradesh with
 an initial capacity of 28,800 spindles. The company expanded its
 installed capacity at the second unit to 51840 spindles in 1991. In
 1992, the company set up its 100% Export Oriented Unit at Gudalur,
 near Karur in
 Dindigul Anna Distr ict in Tamil Nadu state with an installed
 capacity of 10.080 spindles
 
 The Company's expansion / modernisation programmes were financed by
 lDBI,lClCl, IFCl, lRBl and its Bankers by way of term loans and UTI,
 LIC, GIC & its subsidiaries by way of Non-Convertible Debentures.
 
 The equity capital of the Company has been increased from its initial
 capital of Rs.25 lacs to Rs.300 lacs by way of issue of Bonus shares
 over the years.
 
 At present the Company is mainly engaged in manufacturing and selling
 of yarn.
 
 2006
 -Company has splits its Face value of Shares from Rs 10 to Re 1
 
 2008
 
 - Super Spinning Mills Ltd has appointed Mr A S Thirumoorthy, a
 qualified Chartered Accountant as Vice President - Finance of Super
 Spinning Mills Ltd with effect from October 31, 2008 and he will be
 the Chief Financial Officer (CFO) of the Company for the purposes of
 Clause 49 of the Listing Agreement and all other statutory
 requirements.
 
 
 2011
 
 - Re-appointed Mr. Vidyaprakash D as Executive Chairman.
 
 - Mr. Sumanth Ramamurthi as Managing Director of the Company.
 
 2014
 -Super Spinning Mills has appointed Hemanand N as a new Chief
 Financial Officer (CFO) .
 
 2016
 -Super Spinning Mills is awarded Best Management Award issued by
 Government of Andhra Pradesh.