United Textiles Ltd., was incorporated as a Public Limited Company on 1st September 1993 at Hisar and obtained the Certificate of Commencement of Business on 14th September 1993 from the Registrar of Companies, Delhi and Haryana at New Delhi. The Company has 4 nos. Open End machines with double sided frame with totalling 1700 rotors for the manufacture of Cotton Yarn with an installed capacity of 4500 MT. United Textiles Ltd., is a new company and is presently engaged in setting up a cotton yarn manufacturing unit at Hissar, Haryana with an installed capacity of 2050 MT per annum. The company, being a new entrant in the industry, may fact the initial problem of market penetration and quality stablisation. However, the promoters have long experience in this trade and do not foresee any problem in this regard. Moreover the product of the company not being a branded product should not have any difficulties associated with brand creation and selling its products. For better quality yarn production the company will follow Open End Rotor Spinning Process which has good distinct advantages over the traditional ring spinning process in producing cotton yarn of more regular texture and better appearance. The availability of cotton is dependent on the cotton crop, which in turn depends on climate. About 99% of the area in Punjab and Haryana is under irrigation resulting in minimum fluctuation in production of cotton from one year to another, thus ensuring regular supply of raw material to the company.
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.