CALCULATE YOUR SIP RETURNS

Laxmi Cotspin Share Price Live

Small Cap | Textiles

37.37

0.37 (1.00%)

Live Laxmi Cotspin Share Price Chart

O H L VOL


Days Range

Laxmi Cotspin Ltd Corporate Actions

Data is not available currently. Please check back later.

About Laxmi Cotspin

Laxmi Cotspin Limited was incorporated in Maharashtra, as "Mauli Cotspin Private Limited", on October 7, 2005, under the provisions of the companies Act 1956, with certificate of incorporation dated October 19, 2005, issued by Registrar of Companies. Subsequently, the name of the company was changed from "Mauli Cotspin Private Limited" to "Laxmi Cotspin Private Limited", and a fresh certificate of incorporation dated October 12, 2007, issued by Registrar of Companies. Further, the company was converted into a Public Limited Company, pursuant to special resolution passed at the extraordinary general meeting of the company held on February 7, 2011, and the name of the company was changed to "Laxmi Cotspin Limited", and a fresh certificate of incorporation dated March 7, 2011, issued by Registrar of Companies. The company is engaged in the business of cotton processing in textile industry with the production facilities located in cotton growing areas of Marathwada and Vidarbha region at Samangaon, which is situated in the Jalna district of state of Maharashtra. The company is manufacturer of yarn and has also an existing open end and ring-spinning unit to cater to the yarn markets in Maharashtra and Gujarat. The companies business is spread among home textiles, weaving sector, Denim Manufactures and hosiery Manufactures through open end yarn and ring spun yarn. The company believes that they are manufacturing premium quality 100% cotton combed and carded hosiery/ warp conventional, organic and BCI yarn in count range of 30s Ne to 40s Ne for the purpose of exporting to Asian and European countries. The company was established in year 2006, with a capacity of 13200 spindles with combers in the first phase. Over the years, the company has expanded upto 16800 spindles with compact, lycra and slub attachment and has also set up one open end unit with 1200 Rotors. The company also believes that, the company has established a strong customer base and good marketing setup. The company has also started its own "Organic Cotton Farming Project and Better Cotton (BCI) Project in Jalna District, with 4,750 farmers in 13,200 acre of cultivation land and yield capacity of initially 55,000 quintals Kapas (11,000 BCI certified own ginned cotton bales). Further, the company has expanded upto 40,000 bales per crop seasons in near future. The company plant is equipped with fully automatic, dust and pollution, modern colour contamination removal and yarn conditioning system. The company was approved as Mega Project, under IPS Scheme 2007, of Maharashtra state Government and is therefore enjoying the same for 8 years and the Mega project status was extended for us for another 4 years. The companies operation is supported by modern testing instruments for installed in its quality assurance laboratory, includes UT-5 (Uster Switzerland), HVI, Single Yarn Tester, Aqura process Control Management (Premium India).

Parent Organisation
Indian Private
Managing Director
Rajesh Bansal
Founded
2005
NSE Symbol
LAXMICOT

Peer Comparision

Peer Comparision

StocksLTP (₹)Market Cap (cr)52 Week Low-High (₹)

Community Discussion

A
AngelOne
10th July, 2024
0 Likes
0 Replies

A
AngelOne
10th July, 2024
Laxmi Cotspin Ltd-latest-market-updates-11295
0 Likes
0 Replies

Laxmi Cotspin Ltd FAQs

Laxmi Cotspin Ltd (LAXMICOT) share price as of October 11, 2024, on NSE is Rs 37.37 (NSE) and Rs 37.37 (BSE) on BSE.
Yes, You can buy Laxmi Cotspin Ltd (LAXMICOT) shares by opening a Demat account with Angel One.
Laxmi Cotspin Ltd (LAXMICOT) share can be bought through the following modes:
1. Direct investment: You can buy Laxmi Cotspin Ltd (LAXMICOT) 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 Laxmi Cotspin Ltd (LAXMICOT) shares.
Open Free Demat Account!

Enjoy ₹0 Account Opening Charges

Join our 2 Cr+ happy customers

+91
Top Stocks





VIEW ALLView All Stocks

Top Gainers





VIEW ALLView All Stocks

Top Losers





VIEW ALLView All Stocks

Enjoy ₹0 Account Opening Charges
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Send App Link
Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Enjoy ₹0 Account Opening Charges