Nandan Denim Ltd (NDL)

Nandan Exim Ltd is an Indiabased company engaged in textile industry. The company is engaged in manufacturing gray cotton fabrics khakhis and denims. They also manufacture fabrics of different weaves dyes combination of yarns and weights. The range of fabrics include denim twills stretch bull denim broken twills. Their principal products include cotton grey fabric/ blended fabrics cotton yarn denim fabrics and ready made garments.Nandan Exim Ltd was incorporated on August 9 1994 as a private limited company with the name Nandan Exim Pvt Ltd. The company was established for manufacturing trading and export of textile products and was promoted by Vedprakash D Chiripal and Brijmohan Chiripal.Initially the company was in the business of trading of fabrics in domestic and international markets. During the year 200304 they commenced implementation of Weaving Grey project. In January 16 2004 the company was converted into public limited company and the name was changed to Nandan Exim Ltd.During the year 200405 the company forayed into manufacturing and weaving by installing imported air jet looms. They commenced implementation of Denim Project. In July 2005 the company further diversified into manufacturing of Denim Fabrics with an installed capacity of 100 lakh meters per annum.In March 2006 the company increased their production capacity of Denim from 100 lakh meters per annum to 200 lakh meters per annum.During the year 200607 the company commenced implementation of spinning project expansion of denim project and setting up of captive power plant. They commissioned their Third Line of Denim by increasing existing capacity from 20 lakh meters per annum to 30 lakh meters per annum. Also they commissioned one unit of Spinning Project.During the year 200708 the company increased the production capacity of Denim and Grey Fabrics from 35600000 meters to 42000000 meters. Also they increased the installed capacity of Spinning from 7200000 kg to 14400000 kg.During the year 200910 the company fully completed expansion project by commission their fourth Denim Lines. Thus the total capacity increased to 40 lakh meters per annum. Also they commissioned the spinning plant and 15 MW power project.

Nandan Denim Ltd Share Price: ₹17.95 per share as on 23 Mar, 2023 04:01 PM
Nandan Denim Ltd Market Capitalisation: ₹321.45Cr as of today
Nandan Denim Ltd Listing date: 04 May, 2017