Spice Islands Apparels Ltd

Spice Islands Apparels Ltd (526827)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return1.93 %
3 Month Return28.99 %
1 Year Return173.75 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 1
Rank 6
Rank 8
Dividend Yield
Rank 1
Rank 7
Price To Book Ratio
Rank 1
Debt To Asset
Rank 8

Company Information

Spice Islands Apparels was incorporated on 28 Dec.88 as a private limited company and subsequently converted into a public limited company on 6 Oct.94. The company was promoted by Umesh Katre who had earlier experience with Mafatlal Apparels belonging to the Stanrose group. During 1989 it started exporting readymade garments mainly to the UK Japan and the EC countries. The product range includes ladies and childrens wear.The company also expanded its capacity to produce knitted fabrics at its Bhandup plant with an installed capacity of 600 tonnes.During 1996 the company registered itself as a SSI unit and was accorded a status of export house by the Government of India. Thereby company will get an opening for marketing its products in the European Market. During 199697 the company has acquired further 293600 Equity Share of Bhupco Alloys Ltd its Subsidiary Company therefore holding has been increased from 51 to 99.93. It has now diversified into manufacturing of Tshirts.
OrganisationSpice Islands Apparels Ltd
IndustryReadymade Garments/ Apparells