Nachmo Knitex Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 463
Rank 467
Rank 445
Dividend Yield
Rank 184
Rank 649
Price To Book Ratio
Debt To Asset
Rank 66

Company Information

Nachmo Knitex was incorporated on 23 Apr.81 as Nachmo Polyplast and subsequently changed to the present name. It was promoted by N C Shah Rajnikant F Shah and Ashish V Shah.The company is engaged in marketing humidification plants airconditioning systems and cell type air washer plants. It is also engaged in the manufacture of melamine crockery polyester filament and sized yarn and knitted fabric. The company came out with a public issue at a premium of Rs 5 in Dec.93 to finance the cost of setting up a 100 EOU for the manufacture of unbleached plain stitch cotton knitted fabric with an installed capacity of 898 tpa.During 199798 the company made Rights Issue of 2969670 Equity Shares in ratio of 3 equity shares for every 10 equity shares held at a premium of Rs 10/ per share and had set up a dye house for circular knit fabrics.During the year under review i.e. 199899 the company has bagged export orders from garment manufacturers based in U.K. and South Asian countries like Bangladesh. The company has also diversified its activity to nontextile market and has received orders for air ventilation plant/air conditioning for wedding hall/auditoriums/hospitals etc.
OrganisationNachmo Knitex Ltd