Pushpsons Industries Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 113
Rank 114
Rank 140
Dividend Yield
Rank 42
Rank 117
Price To Book Ratio
Rank 94
Debt To Asset
Rank 140

Company Information

Incorporated on 30 Jun.94 as a public limited company Pushpsons Industries received the certificate of commencement of business on 27 Jul.94. It was promoted by M R Jain Pankaj Jain and Dinesh Jain.The company set up a 100 EOU for the manufacture of cotton grey sheeting with an installed capacity of 22.36 lac mtr pa. The plant is located at Noida Uttar Pradesh. It came out with a public issue in Jan.96 to partfinance the project. The company is engaged in the manufacture of cotton fabrics which are woven from cotton yarn. The company being an EOU would be selling its products in the international markets.During 199596 the company has implemented 100 EoU of Cotton Grey Fabric/Denim Fabric for the manufacture of 22.36 lacs Mtrs.The cost of the project is financed by the Bank of TokyoMitsubishi Ltd and Public Issue of Equity Share. The company haa made public issue aggregating to Rs. 268 lacs in the month of January 1996.During 199798 the company has received permission to manufacture Viscose/Polyster/Acrylic/Nylon and Blended Cloth in addition to woven fabrics of cotton from the Goverment of India. The company installed one machine of fourcolours design pattern costing Rs. 15.00 lacs approximately for the production of two colours and four colours Strech Denim Lycra.The company has received permission for manufacture and export of made ups including garments cushion covers bed covers curtains table covers bath mats rugs floor coverings etc. and has already initiated exploring overseas market. As the textile industry was depressed worldwide the company has decided to debond and convert its existing 100 EOU unit under EOU Scheme into DTA unit under EPCG scheme.
OrganisationPushpsons Industries Ltd
HeadquartersNew Delhi