Avi Ansh Textile Share Price

Avi Ansh Textile Limited was originally incorporated as Rajneesh Spinners Private Limited on 27th April, 2005 as a Private Company with the Registrar of Companies Punjab, H.P. Chandigarh. The Company name was further changed to Avi Ansh Textile Private Limited dated 16th December,2013 . In 2023, Company converted to a Public Limited attaining the name Avi Ansh Textile Limited and a fresh Certificate of Incorporation dated 3rd January,2024 by the Registrar of Companies, Delhi.The Company is engaged in yarn spinning, manufacturing high quality cotton yarns in Derabassi, Punjab. Since 2005, Company has been a prominent player in the yarn sector and has established as a premier manufacturer and exporter of 100% cotton yarn, specializing in carded, combed and slub yarn with counts ranging from 20s to 40s. With 26,314 spindles, it produce approximately 4,500MT of cotton yarn annually. Branded as Pooja Gold, the yarn reflects meticulous craftsmanship, offering unparalleled softness, strength, and versatility. Additionally, the Company vertically integrated into the knitting division, producing superior quality fabrics in dyed and greige variants, delivered within promised timelines. Equipped with highspeed automatic circular knitting machines, fabric division can knit 1800 MT per annum of various fabric types.After Attaining its hold over spinning, Company diversified the business into Knitting , leading a vertical integration. It commenced operations with installing 20 machines with an annual capacity of 1800 metric tons in FY 202223.The Company issued and allotted 41,93,541 equity shares of Rs 10 by raising Rs 26 Cr through fresh issue on September 24, 2024.