K P R Mill Share Price

K P R Mill Ltd

CMP as on 20-Apr-21 15:17

₹ 1,214.35
-23.50 -1.9%

Open

₹ 1,240.60

Turnover (lac)

₹ 1,198

Prev. Close

₹ 1,237.85

Day's Vol (shares)

₹ 98,664

Day's Range (₹)

₹ 1,208.15
₹ 1,294.95

CMP as on20-Apr-21 15:15

₹ 1,216.95
-21 -1.7%

Open

₹ 1,275.00

Turnover (lac)

₹ 2

Prev. Close

₹ 1,237.95

Day's Vol (shares)

₹ 8,576

Day's Range

₹ 1,208.00
₹ 1,291.20

KPR Mill Limited (formerly known as KPR Cotton Mills Pvt., Ltd.) was originally incorporated on March 19, 2003. The company is one of the largest vertically integrated apparel manufacturing companies in India producing yarn, cotton knitted fabric, readymade garments and wind power. It has state-of-the-art production facilities in Coimbatore, Sathyamangalam and Tirupur in the State of Tamil Nadu, South India. The company has acquired KPR Knits, a Proprietorship concern as a going concern with effect from April 01, 2005, to rationalize operations and better leverage capacities.KPR Mill Private Limited and KPR Spinning Mill Private Limited were consolidated into KPR Cotton Mills Private Limited through a merger process, to take effect from April 1, 2005. Consequent to the merger, the companys name was changed from KPR Cotton Mills Private Limited to KPR Mills Limited.The company has commenced the construction of new spinning mill at Arasur in around 44 acres of campus which will have 1,00,800 spindles and 12 windmills of 19.8 MW will meet the power requirements of the mill. The mill will be fully operational by 2007- 2008 and once mill commence the operation the cumulative production capacity increase to 54,000 tons per annum. To provide end-to-end apparel manufacturing service, the company is constructing a new fabric processing facility at SIPCOT, Perundurai, Tamilnadu. This facility helps the company to handle all of its processing requirements, including dyeing, bleaching and compacting at one place. The processing capacity of this unit will be 23 metric tons of fabric per day. The processing unit will be equipped with soft flow machines to enable dyeing of yarns. Azo free dyes will be used to create dyed yarn of various colours. Additionally, the unit will also have a water treatment plant to enable recycling of water The mill will be fully operational by 2007- 2008. The company has setting-up a high tech garment unit at Arasur by installing 1440 sewing machine and setting up a design studio. Along with the garment production unit, hostel accommodation for workers is simultaneously being set up. This unit will enable in timely and bulk processing of orders from international companies. The Unit will be fully operational by 2007-2008. During November 2016, after obtaining the consent of the Members of the Company by Postal Ballot and complying with the applicable provisions of the Act & Regulations, the Equity Share of the Company of the Face Value of Rs. 10/- each has been split into two shares of Face Value of Rs. 5/- each. The new subdivided shares have been credited to the concerned shareholders Demat accounts. The new ISIN of the Company at Depositories is INE930H01023.The Board of Directors of the Company announced a Buyback of 14,70,000 fully paid-up equity shares (1.95% of the pre Buyback equity share capital) of the face value of Rs. 5/- each from all the existing shareholders on a proportionate basis, through the Tender Route process at a price of Rs. 660 per Equity Share payable in cash. The total consideration amounted to Rs. 97.02 Crores representing 9.95% of the aggregate of the paid-up equity share capital and free reserves, as per the audited accounts of the Company for the year ended March 31, 2016. After complying with the applicable laws, the Company bought back 14,70,000 Equity Shares. The funds in respect of accepted Equity Shares have been paid out. Buyback was completed on February 13, 2017. The Promoters who have participated in the Buyback offer re-organised their stake to the permitted levels subsequently as per their undertaking to SEBI. The present Paid up Capital Post Buyback is Rs. 36.95 Crores.The Board of Directors of the Company announced a Buyback of 13,35,000 fully paid-up equity shares (1.81% of the pre Buyback equity share capital) of the face value of Rs 5/- each from all the existing shareholders on a proportionate basis, through the Tender Route process at a price of Rs 810 per Equity Share payable in cash. The total consideration amounted to Rs 108.14 Crores representing 9.81% of the aggregate of the paid-up equity share capital and free reserves, as per the audited accounts of the Company for the year ended March 31,2017. After complying with the applicable laws, the Company bought back 13,35,000 Equity Shares. The funds in respect of accepted Equity Shares have been paid out. Buyback was completed on 13th April 2018. The Promoters who have participated in the Buyback offer re-organized their stake to the permitted levels subsequently as per their undertaking to SEBI. The present Paid up Capital Post Buyback is Rs 36.28 Crores.

  • Chairman

    K P Ramasamy
  • Managing Director

    K P D Sigamani
  • Managing Director

    P Nataraj
  • Executive Director

    C R Anandakrishnan
  • Independent Director

    K N V Ramani
  • Independent Director

    G P Muniappan
  • Independent Director

    K Sabapathy
  • Independent Director

    A M Palanisamy
  • Independent Director

    C Thirumurthy
  • Company Secretary

    P Kandaswamy
  • Director

    S Ranghanayakei
  • Director

    P Selvakumar
  • Executive Director

    E K Sakthivel

Registered Office

No 9 Gokul Buildings 1st Floor,
AKS Nagar Thadagam Road,Coimbatore,
Tamil Nadu-641001

REGISTRAR OFFICE

Karvy Selenium Tow-B,
Nanakramguda,Hyderabad-500032
INDIA