Summary
Incorporated in Aug.84, Nakoda Textile Industries (NTIL) was promoted by Gumanmal P Shah and Babulal G Jain. The promoters also have interests in Trupti Twisters, G P Shah Investment and B G Jain Investment. NTIL is managed by chairman G P Shah and managing director B G Jain.In Jul.92, the company came out with a Rs 6.6-cr public issue of 11 lac 14% FCDs of Rs 60 to part-finance the setting up of a texturised and draw twisted filament yarn project at Surat and to augment long-term working capital. Total fund requirement was estimated at Rs 11.25 cr.NTIL trades in yarn and has established its own texturising plant at Silvassa. It now processes polyester yarn (twisting and texturising). The company has a large market network in major weaving centres such as Surat, Bombay, Madhavnagar and Ahm Read More
Reports by Nakoda LTD
Reports by Nakoda LTD
