Shree Rajasthan Syntex Ltd

Shree Rajasthan Syntex Ltd (SHRERAJSYN)


Key Stats

Day's Price Range
52-Week Price Range
1 Year Return29.68 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 458
Rank 463
Rank 529
Dividend Yield
Rank 186
Rank 591
Price To Book Ratio
Rank 353
Debt To Asset
Rank 529

Company Information

Incorporated in 1979 Shree Rajasthan Syntex SRSL was promoted by V K Ladia S C Agarwal and S R Jain along with RIICO. Currently R P Goyal is the Chairman V K Ladia is the Vice Chairman and in Jan.92 SRSL came out with a rights issue at a premium of Rs 15 aggregating Rs 6.94 cr to partfinance the capital cost of the polypropylene multifilament yarn project in Jaipur. The company manufactures 100 viscose spun yarn 100 acrylic spun yarn and polyester viscose blended yarn. It has its plants at Dungarpur and Bagru in Rajasthan. Its major clients include Siyaram Silk Mills Gwalior Rayon and the powerloom sector. SRSL has entered into an MoU with TeppichWerk Neumunster Germany for export of 800 tpa of one of the proposed products of its diversification. The diversification into polypropylene multifilament yarn will adopt technology developed by Neumag Germany.In 199899 the company had made a scheme of installation of 4 nos autoconers 4 nos TFOs 2 nos draw frames 12 nos cards 2 nos DT machines 1 no uster tester and DG sets etc at a total cost of Rs 926 lacs which is financed through TUFS loan and internal accruals.During 19992000 Shree Shyam Filaments Division of the company has been granted the quality system certificates ISO 9002 for the manufacture and supply of Polypropylene Multifilament yarns for domestic and export makets. The company has established markets in TurkeyEgyptGermany Kenya. It is tapping the markets of Syria and Jordan.
OrganisationShree Rajasthan Syntex Ltd