Deepjyoti Textiles Unquoted Share Price

About Deepjyoti Textiles Limited Unquoted/ Illiquid Shares

Deepjyoti Textiles Limited is a Public Limited Company, incorporated on 21 December 1994 with the registrar of companies Mumbai. It is classified as Non-govt Company. Its authorized share capital is Rs. 55,000,000 and its paid up capital is Rs. 50,100,000. The company is engaged in procurement and distribution of cotton yarn in cone form which is consumed by the decentralized power loom sector situated in Bhiwandi. The yarn is procured from reputed spinning mills producing carded as well as combed cotton yarn situated predominantly in the states of Tamil Nadu and Andhra Pradesh. The yarn procured from the Spinning Mills is supplied to various consumers to manufacture grey cloth which is subsequently sold by them to processing units.

They supply the following varieties of yarn:

40s Carded cone yarn suitable for use in wrap.

44s Carded cone yarn auto coned and suitable for use in warp.

60s Carded weft yarn as per the specifications of the buyer in auto coned form as well as normal winding.

60s Combed yarn auto coned suitable for use in warp as well as weft.

66s combed yarn auto coned suitable for use in warp as per specifications of the buyer.

80s Carded cone yarn suitable for weft in auto coned for as well as conventional winding.

90s Combed cone yarn auto coned.

60s polyester cotton auto coned suitable for use in weft.

50s polyester cotton auto coned suitable for use in warp and weft.

54s polyester cotton auto coned suitable for use in warp.

INCORPORATION DETAILS

PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

BOARD OF DIRECTORS

Sanjay Gopallal Mundra, Whole-time Director

Manjusha Sanjay Mundra, Whole-time Director

Rajendra B. Choudhary, Independent Director

Sunil P. Diwate, Independent Director

Saurabh Sanjay Mundra, Non-Executive and Non-Independent Director

PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES

Deepjyoti Textiles Limited does not have any subsidiary or associate company.

SHAREHOLDING PATTERN (As of 31-03-2022)

INDUSTRY OUTLOOK

The Indian textile industry is one of the largest in the world with a massive raw material and textiles manufacturing base. Our economy is largely dependent on the textile manufacturing and trade in addition to other major industries. About 27% of the foreign exchange earnings are on account of export of textiles and clothing alone. The textiles and clothing sector contributes about 14% to the industrial production and 3% to the gross domestic product of the country. Around 8% of the total excise revenue collection is contributed by the textile industry. So much so, the textile industry accounts for as large as 21% of the total employment generated in the economy. Around 35 million people are directly employed in the textile manufacturing activities. Indirect employment including the manpower engaged in agricultural based raw-material production like cotton and related trade and handling could be stated to be around another 60 million.

A textile is the largest single industry in India (and amongst the biggest in the world), accounting for about 20% of the total industrial production. It provides direct employment to around 20 million people. Textile and clothing exports account for one-third of the total value of exports from the country