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About Filatex India
Incorporated in Aug.'90, Filatex India (FIL) was promoted by Purshottam Bhageria and his brothers is into manufacture of Monofilament yarn and PFY. Reifenhauser & Company is the technical collaboration of the company.
The company has an installed capacity to produce 1500 tpa of monofilament yarn and 26200 tpa of PFY. Monofilament yarn finds application in brush bristles, industrial fabric, sewing threads, zippers, sports racquet Guts, artificial turf and magic fasteners. Later in 1995 it commissioned a Wind power project in Tamil Nadu.
In Sep.'93, the company came out with a public issue.
Keeping with the market situation the company expands or diversifies. It has diversified into the manufacture of speciality polyester filament yarn by setting up a unit at Dadra & Nagar Haveli. It has also installed a second line to manufacture monofilament yarn at its present plant. In 1994-95, the company issued 3.5 mln equity shares (premium : Rs 35) to financial institutions, mutual funds on private placement. In 1995-96, the company increased the installed capacity of polyester yarn to 700 tpa and manufacture polyester texturised yarn with an installed capacity of 1539 tpa. In 1997-98, it increased the installed capacity of Draw Texturised Yarn to 8,700 MT.
The company made a preferential issue of equity shares to its promoters consisting of 15,00,000 equity shares of Rs.10/-each. Subsequently the equity share capital stands increased to Rs.10.80 crores.
Parent Organisation
Indian Private
Managing Director
Madhu Sudhan Bhageria
Founded
1990
NSE Symbol
FILATEX
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Filatex India Ltd FAQs
What is the share price of Filatex India Ltd (FILATEX) shares?
Filatex India Ltd (FILATEX) share price as of October 22, 2024, on NSE is Rs 51.94 (NSE) and Rs 51.94 (BSE) on BSE.
Can I buy Filatex India Ltd (FILATEX) from Angel One?
Yes, You can buy Filatex India Ltd (FILATEX) shares by opening a Demat account with Angel One.
How do I buy Filatex India Ltd (FILATEX) from Angel One?
Filatex India Ltd (FILATEX) share can be bought through the following modes:
1. Direct investment: You can buy Filatex India Ltd (FILATEX) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Filatex India Ltd (FILATEX) shares.
1. Direct investment: You can buy Filatex India Ltd (FILATEX) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Filatex India Ltd (FILATEX) shares.
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