Gujarat Hy-Spin Ltd

Gujarat Hy-Spin Ltd (540938)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-0.68 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 113
Rank 114
Rank 140
Dividend Yield
Rank 42
Rank 180
Price To Book Ratio
Rank 94
Debt To Asset
Rank 140

Company Information

Gujarat HySpin Limited was incorporated as a private limited company with the name Gujarat HySpin Private Limited on February 01 2011. Subsequently the Company was converted into a Public Limited Company and the name of the company was changed to Gujarat HySpin Limited on August 05 2016.Maganbhai Parvadiya and Chandulal Parvadia were the initial subscribers to the Companys Memorandum and Articles of Association and are Promoters of the Company and were allotted shares on February 1 2011. They are in the field of cotton ginning and pressing since last two decades. The Promoters were cotton farmers and started activity of cotton ginning pressing and oil in a partnership firm. The Company started with trading including trading of products jobworked of Cotton Bales Cotton Seeds and Wash Oil and has now graduated to in manufacturing of cotton yarns mainly in domestic market and third party exports to some extent.The Company forayed into manufacturing of ring yarns in the year 2013. The Company sells cotton yarns to the traders who further sell it to other Industrial units for weaving and other purposes. The company also sells directly to Industrial units for weaving purpose.
OrganisationGujarat Hy-Spin Ltd