Anand Rayons Ltd

Anand Rayons Ltd (542721)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-13.43 %
3 Month Return-3.31 %
1 Year Return-18.51 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 405
Rank 421
Rank 470
Dividend Yield
Rank 113
Rank 184
Price To Book Ratio
Rank 314
Debt To Asset
Rank 450

Company Information

Anand Rayons Limited was originally formed and registered as a partnership firm in the name and style of M/s Anand Enterprise pursuant to a deed of partnership dated July 01.1987. Subsequently the partnership firm was reconstituted on April 3.1992 October 8 1999 and March 09. 2018. Thereafter the partnership firm was converted in to a public limited company on September 20 2018 in the name and style of M/s. Anand Rayons Limited and received a certificate of incorporation on October 02 2018. The promoter of the Company Mr. Anand Bakshi has more than two and half decade experience in the trading of Yarn. Their relations with suppliers customers and management acumen have been useful in implementing the growth strategy.In 1992 Mr. Anand Bakshi Managing Director of the Company joined the Partnership Firm as a Partner. With his Ideas and Energy Anand Enterprise achieved many mile stones in sales as well as profitability of the Firm. The partnership firm was reconstituted in the year 1999 and all the partners except Mr. Gokul Bakshi and Anand Bakshi had retired from the partnership firm. Initially the partnership firm was doing trading activity in and around surat only. After Mr Anand Bakshi had taken active interest the firm has spread its wings and started trading in other cities and other parts of the Country. The firm also started sales to other cities like Ahmedabad Vapi Daman Varanasi Ichalkaranji. Bangalore Erode Coimbatore Later on. Anand Enterprise has taken Dealership of Nylon Yarn from JCT Limited. Polyester Yarn from Indorama Synthetics India Limited. Garden Silk Mills Limited Philatex India Limited to expand the business.The Firm has started trading in value added yarns like doped dyed yarns fancy yarns for various applications like weaving of sarees shirting dress materials yarn dyeing caipets various types of Elastic tap sizing segments. The promoter with their experience get the better quality of doped dyed yarn after successfully implementing with the master batch with the local person and guide the spinners to get the required yarn. The focus of the firm was on development of market share on fancy and value added yams. The Firm holds a decent market share amongst the embroidery yarn dyed yarn. The core yarn in value added form is supplied to Jari Manufacturers. The company at present is trading in and around Surat only.
OrganisationAnand Rayons Ltd