Swaraj Suiting Ltd share Price

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• The Company was incorporated as "Swaraj Suiting Private Limited" at Jaipur on 9th June, 2003 under the provisions of Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Jaipur. Consequent upon the conversion of Company from Private Limited Company to Public Limited Company, the name of Company was changed to "Swaraj Suiting Limited" and fresh Certificate of Incorporation consequent upon the conversion from Private Limited Company to Public Limited Company dated 22nd September, 2020 was issued by the Registrar of Companies, RoC, Jaipur. The Promoters Mohammed Sabir Khan, Samar Khan and Nasir Khan have a combined experience of more than 25 years in Textile Industry and have sound knowledge of production process, marketing, finance and all kind of other commercial activities related to the textile industry. The Company is presently engaged in the Manufacturing of Grey Fabric involving Cotton and Synthetic, Trading of Yarn, Grey fabric and Finished fabric and Weaving on Job work basis. The Company`s existing manufacturing unit is located at F-483 to F-487, G1-475 to 476, RIICO Growth Centre, Hamirgarh, Bhilwara, Rajasthan - 311025 which is also the Registered Office. In this unit, the Company has installed 123 Airjet looms which translates into 1.50 million meters of cotton & synthetic fabric per month translating into 225 Lakh Meters Per Annum (LMPA). The Company has strategically planned the vertical integration of its operations to the next level of supply chain, aiming to lower production costs and increase the efficiency of the Company. At present, the Company has a manufacturing unit of weaving at Bhilwara in Rajasthan. The products of the Company are sold majorly in 4 states of Rajasthan, Gujarat, Madhya Pradesh & Maharashtra through a dealer network. In this unit, the Company has installed nearly 123 Airjet looms which translates into 1.50 million meters of cotton & synthetic fabric per month translating into 225 lakh meters per annum (LMPA). It has strategically planned vertical integration of its operations to next level of supply chain, aiming to lower production costs and increase in efficiency of the Company . The Company was set-up in the year 2003 by Mr. Mohammad Sabir Khan along with his wife and since inception is engaged in the textile industry. Initially, the Company was engaged in the manufacture of cotton /synthetic fabrics but later shifted to trading in synthetic fabrics in 2009 by selling off its Sulzer weaving looms to an associate concern, M/s. Swaraj Sulz Private Limited. In 2011, the Company re-entered into manufacturing operation of synthetic fabrics. In 2012, the Company established Textile Manufacturing unit at Bhilwara, in Rajasthan. In January 2013, Company commenced the commercial operations. In 2015, the Company was awarded for Latest Technology by Bhilwara Textile Trade Federation. In 2018, the Company was registered as MSME under the Industry Classification Category of Manufacturing of Textiles. In 2019, the Company received the ISO certification. In 2021, the Company ventured into setting up of a new manufacturing plant at Neemuch, Madhya Pradesh for manufacturing of Finished Fabric like Denim. Apart from this, the Company received registration cum membership by `The Synthetic & Rayon Textiles Export Promotion`. In October 2021, Welspun India collaborated with DuPont Biomaterials to introduce a home textile range and strengthen the Company`s textiles business.