Shekhawati Industries
SHEKHAWATI · Textiles & Apparels > Textile - Spinning · Chairman: Mukesh Ruia · MD: Mukesh Ruia · Listing date: Jan. 12, 2011 · Employees: 385 · Mumbai · http://www.shekhawatiyarn.com

Shekhawati Poly-Yarn is a leading manufacturer of Polyester Texturised Yarn & Twisted Yarn. The company was incorporated on November 5 1990 as a Private Limited Company under the Companies Act, 1956 in the State of Maharashtra and a Certificate of Incorporation was obtained from the Additional Registrar of Companies, Maharashtra. The company is implementing further expansion of 30   texturising, 50 twisting and 100 knitting machines at the existing site of factory Unit No. 3. The company has completed financial closer for this expansion.

The company has been in the Polyester Industry for more than a decade and since incorporation has been engaged solely into the manufacture of Polyester Texturised Yarn (PTY), which is used in the process of weaving of fabric used for suiting, shirting, dress materials, saris, hosiery, knitted fabric, zipper fastener, curtain & industrial cloth as also to manufacture fancy yarn for high value dress materials and upholstery.

Later, it was converted into a Public Limited Company by passing a Special Resolution at the Extra Ordinary General Meeting of the Company held on February 27, 2010 and Fresh Certificate of Incorporation for the same was obtained from the Registrar of Companies in Mumbai, Maharashtra, on April 19, 2010.

The company has started the manufacturing of Texturised Yarn with 1 Texturising machines in the year 1995-96 which has been enhance to by installing 38 additional Texturising machines over a period of time.

Business area of the company

The company is engaged in manufacturing of Polyester Texturised Yarn and Twisted Yarn.

Product

  • Roto
  • Weft
  • Micro
  • Full dull
  • Catonic
  • Twisted TPM
  • Dyed
  • Knitted Fabrics

Milestones

2012-2013

  • Installed 60 TFO machines till date.
  • Installed 40 Texturising machines till date.
  • Installed 50 Knitting machines till date.
  • Completed construction of phase-2 factory building.

2011-12

  • Installed 48 TFO machines till date.
  • Installed 26 Texturising machines till date.
  • Installed 50 Knitting machines till date.
  • Completed construction of factory building

2010-11

  • Completed the installation of 10 Texturising Machines as planned in 1st Phase.
  • Successfully completed the process of the Initial Public Offer (IPO)
  • The shares of the company were listed on BSE and NSE on 12th January, 2011.
  • The issue was over -subscribed by 8.81 times.
  • Raised the funds to installed 30 Twisting and 30 Knitting Machines
  • Installed 10 twisting machines with 17 twisting machines.

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