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Company Information

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GRETEX INDUSTRIES LTD.

21 January 2025 | 03:31

Industry >> Textiles - Readymade Apparels

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ISIN No INE985P01012 BSE Code / NSE Code / Book Value (Rs.) 16.20 Face Value 10.00
Bookclosure 27/07/2024 52Week High 290 EPS 6.72 P/E 31.76
Market Cap. 315.99 Cr. 52Week Low 51 P/BV / Div Yield (%) 13.17 / 0.00 Market Lot 750.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was originally incorporated vide Certificate of Incorporation dated July 16, 2009 as 'Heritage Barter Private Limited' under the provisions of the Companies Act, 1956 with the Registrar of Companies, West Bengal bearing Corporate Identification Number U51909WB2009PTC136911. Subsequently, the name of the Company was changed to "Gretex Industries Private Limited" videspecial resolution passed by the shareholders of the Company in their meeting held on January 22, 2013 and fresh Certificate of Incorporation consequent upon change of name issued by the Registrar of Companies, West Bengal on February 7, 2013. the Company was converted into a Public Limited Company pursuant to a special resolution passed by shareholders of the Company at their meeting held on October 21, 2013 and the name of the Company was changed to 'Gretex Industries Limited'. A fresh Certificate of Incorporation was issued by the Registrar of Companies, West Bengal on November 20, 2013. The Corporate Identity Number of the Company is U17296WB2009PLC136911 Rajib Nandi, Bivash Nandi and Bijoy Gupta were the subscribers to the Memorandum of the Company. Ambuja Technologies Private Limited, and Ambition Tie-up Private Limited subsequently acquired shares in 2010. Further Arvind Harlalka and Sumit Harlalka acquired shares in 2013. Ambuja Technologies Private Limited, Ambition Tie-up Private Limited, Arvind Harlalka and Sumit Harlalka are Promoters of the Company. The Company is into knitting activities and is engaged in manufacturing of hosiery which includes wollycoat, thermal innerwear, leggings, etc. We also undertake job work activities for various brands.

KEY EVENTS AND MILESTONES :

The following table sets forth the key events and milestones in the history of the Company, since incorporation:

2009

-Incorporation of the Company in the name and style of "Heritage Barter Private Limited"

2012

-Setting Up of a manufacturing unit at Jalan Industrial Complex, Howrah

2013

-The Company`s name changed to "Gretex Industries Private Limited"

-Agreement with Rupa & Company Ltd to work as a Job Worker for their products.

-Purchase of 25 Circular Knitting Machines from Singapore for factory premises for production of Interlock & Fleece Fabric

-The Company was converted into a public limited company and the name of the Company was changed to "Gretex Industries Ltd"

2014 -Starting of Commercial Production for job work.

2015 -Purchased Machinery from China for manufacturing of Syncer, Rib with Lycra Fabric for production of Leggings & T-Shirts -Launched a new brand ?Lekme Coolking?, "Lekme Leggings" and "Lekme Thermal Wear"