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About Indian Card Clothing Company
Indian Card Clothing Company (ICCCL) was incorporated in Jul.'55 as a private limited company. It was converted into a public limited company in Jan.'76. The company was promoted as a joint venture between two British companies -- The English Card Clothing Company and the Carclo Engineering group.
ICCCL manufactures card clothing suitable for all types of fibres requiring carding, ie, all the natural fibres and manmade fibres in staple form. It also has a 100% EOU at Ahmedabad. The company came out with a rights issue (premium : Rs 70) aggregating Rs 10.4 cr in Dec.'93, to provide for normal capital expenditure and participated in a joint venture with Spindelfabrik Suessen Schurr, Stahlecker & Grill, Germany, which it had undertook to manufacture of textile machinery equipment.
Due to recession in textile industries in the Domestic and Overseas market, the company diversified its project and participate in a Joint Venture with Texmaticc India Ltd, and invested Rs 25 Lac. The Residential housing Project of Nirvan Builders and Developers Ltd. in which company particiapted & received advance for sale of major part of its investment in project. Garnett Wire Ltd, a U.K. Company, in which ICCCL has 60% of issued share capital, this is second year of investment by the ICCCL.
The company has maintained ISO 9002 recognition by Bureau Veritas Quality International for Metallic and flexible card clothing & R & D Centre begun to make a contribution to development of newer and improved products and processes.
The company is planning to develop new products for carding applications and also improvement in the processes.
Parent Organisation
NRI
Managing Director
Prashant K Trivedi
Founded
1955
NSE Symbol
INDIANCARD
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10th July, 2024
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Indian Card Clothing Co Ltd FAQs
What is the share price of Indian Card Clothing Co Ltd (INDIANCARD) shares?
Indian Card Clothing Co Ltd (INDIANCARD) share price as of October 4, 2024, on NSE is Rs 269.75 (NSE) and Rs 269.75 (BSE) on BSE.
Can I buy Indian Card Clothing Co Ltd (INDIANCARD) from Angel One?
Yes, You can buy Indian Card Clothing Co Ltd (INDIANCARD) shares by opening a Demat account with Angel One.
How do I buy Indian Card Clothing Co Ltd (INDIANCARD) from Angel One?
Indian Card Clothing Co Ltd (INDIANCARD) share can be bought through the following modes:
1. Direct investment: You can buy Indian Card Clothing Co Ltd (INDIANCARD) 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 Indian Card Clothing Co Ltd (INDIANCARD) shares.
1. Direct investment: You can buy Indian Card Clothing Co Ltd (INDIANCARD) 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 Indian Card Clothing Co Ltd (INDIANCARD) shares.
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