Ventura Textiles Ltd
VENT

Ventura Textiles Ltd (516098)

₹4.43--

Key Stats

₹4.43
Day's Price Range
₹4.7
₹3.35
52-Week Price Range
₹9.5
1 Year Return-11.41 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 113
EPS
Rank 114
BVPS
Rank 140
Dividend Yield
Rank 42
ROE
Rank 196
Price To Book Ratio
Rank 94
Debt To Asset
Rank 140

Company Information

Incorporated as a private limited company under the name Vijay Tubes Cones Pvt Ltd its name was changed to VTC Industries VTCIL in May 94 after its conversion into a public limited company and again changed as Ventura Textiles Corporation Ltd. The promoters of the company were R P Kapur and his associates.The company came out with its initial public offering in Oct.94 aggregating Rs 1.13 cr to partfinance the capital by setting up a 100 exportoriented textile weaving unit. The total cost of the project was Rs 9.3 cr. The company entered into a marketing tieup with Kidarnath Kishanchand a division of JCT for its entire production.The company has acquired land near Nashik for backward integration and also to add additional weaving capacity. It also have its own power generation facilities.The company went in for an expansion and backward integration in 199596. It also installed 960 OE rotors with back process machinery alongwith 32 wider width Sulzer projectile looms. The project was part financed through a rights issue. In 1996 the company commenced its direct exports. The company also initiated its marketing efforts with diversified productline and also into other markets viz. Srilanka Bangladesh etc.During 200203 the company has shifted its Satpur operation to Gonde unit. This is in line with rehabilitation scheme filed with BIFR. During March2003 both IDBI and SBI has sanctioned financial restructuring under CDR mechanism.The name of the company has been changed during January 2005 from Ventura Textiles Corporation Ltd to Ventura Textiles Ltd.
OrganisationVentura Textiles Ltd
HeadquartersMumbai
IndustryTextiles