Subhash Silk Mills Ltd

Subhash Silk Mills Ltd (530231)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-7.73 %
3 Month Return-49.7 %
1 Year Return-12.02 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 459
Rank 464
Rank 529
Dividend Yield
Rank 186
Rank 419
Price To Book Ratio
Rank 353
Debt To Asset
Rank 529

Company Information

Subhash Silk Mills SSML was incorporated on 6 Nov.70 and promoted by Dharamlal Mehra and Ved Prakash Mehra of the Mehra group. Other group companies include Subhash Exports Excellent Holdings Taranga Holdings Subhash Knitting Subhash Trading etc. SSML is headed by chairman Ved Prakash Mehra and managing director Subhash Mehra. The company came out with a Rs 6.6cr public issue premium : Rs 40 in Mar.95 to expand grey cloth manufacturing facilities shift the existing factory from Andheri Mumbai to Sajgaon in Khapoli and to reduce the work force by offering a voluntary retirement scheme VRS to bring down the wage cost per metre. The total fund requirement was estimated at Rs 15.40 cr.SSML manufactures fashion fabrics dress material and jacquards. It also manufactures shirts and ties and markets them under the brand name Cameo. It exports its products to the Gulf countries mainly Saudi Arabia. The company is under lockout since 9th March 1998.The lockout declared by the company at its Sakinaka unit continued during the year 19992000. The company has made a reference to the BIFR which has been completed.
OrganisationSubhash Silk Mills Ltd