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Vishal Fabrics Ltd.

BSE: 538598 | NSE: VISHAL |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE755Q01025 | SECTOR: Textiles - Spinning - Cotton Blended

BSE Live

Dec 08, 16:00
96.20 2.20 (2.34%)
Volume
AVERAGE VOLUME
5-Day
9,832
10-Day
10,758
30-Day
11,657
8,230
  • Prev. Close

    94.00

  • Open Price

    95.70

  • Bid Price (Qty.)

    93.75 (51)

  • Offer Price (Qty.)

    96.45 (54)

NSE Live

Dec 08, 15:56
95.45 1.65 (1.76%)
Volume
AVERAGE VOLUME
5-Day
87,991
10-Day
76,708
30-Day
81,436
74,829
  • Prev. Close

    93.80

  • Open Price

    96.00

  • Bid Price (Qty.)

    95.45 (1344)

  • Offer Price (Qty.)

    0.00 (0)

Company History - Vishal Fabrics
The Company was incorporated as Vishal Fabrics Private Limited on
 October 22, 1985 under the Companies Act, 1956 bearing the
 Registration Number 008206 of 1985-86 with the Registrar of
 Companies, Gujarat. The status of the Company was changed to a public
 limited company and the name of our Company was changed to Vishal
 Fabrics Limited by a special resolution passed on February 25, 2014.
 The fresh certificate of incorporation consequent to the change of
 name was granted to the Company on March 31, 2014, by the Registrar
 of Companies, Ahmedabad, Gujarat.
 
 The business of VFL is weaving, bleaching, dyeing, processing,
 printing and sizing of Grey Fabric made from all types of yarn.
 
 As stated in the main objects contained in its memorandum of
 association, the Company is engaged in the business of dyeing,
 printing and processing of fabrics of its own and also on job work
 basis. The Company procures mainly Grey Fabric and dyes, prints and
 finishes the same as per the clients requirements. The processing
 unit of the Company is based in Narol, Ahmedabad, Gujarat. The plant
 has the capacity to print, dye and process wide range of fabrics i.e.
 cotton, polyester, viscose and man-made & blended fabrics suitable for
 mens, womens, home furnishing and many other applications.
 
 The Company is promoted by Chiripal Group, Ahmedabad. The Company was
 initially engaged in trading of fabrics. Though the Company was
 incorporated in 1985, the Companys activities were almost dormant
 till the year 1999. During the year 1999-2000, we took over the Units
 of Associate concerns, Bhushan Petrofils Private Limited and Prakash
 Calender Private Limited; both located at Narol, Ahmedabad, on lease
 basis and started the processing of fabrics. Over the years, with a
 view to expand the installed capacity and broad base the market of
 its products, we put up the own Plant & Machinery.
 
 Major events in the history of the Company
 
 October 22, 1985
 - Incorporation of the Company
 
 September 03, 2003
 - Setting up of a Captive Power Plant of 2.3 MW
 
 August 10, 2005
 -Installation of Wider Width processing unit
 
 February 15, 2007
 -Expansion of the Wider Width Unit by installing new Machinery
 
 February 14, 2011
 - Setting up of a Continuous Bleaching Range (CBR) Unit
 
 February 11, 2012
 - Setting up of Oil Boilers
 
 March 31, 2014
 -Conversion of the Company from Private to Public.