Deepak Spinners Ltd
NSE: DEEPAKSPIN BSE: 514030
₹147.40
(2.71%)
Sun, 11 Oct 2026, 02:05 pm
Market Cap (in Cr)105.97
PE Ratio10.25
Dividend0
Process Industries
Textiles
24.5KCompany History
1982
- The company was incorporated on 25th March at New Delhi.
- The company obtained the certificate of commencement of business on 13th August.
- The company was promoted by Pradip Kumar Daga and Himachal Pradesh Mineral & Industrial Development Corporation Ltd.
1985
- 1,50,070 shares were allotted to promoters, directors, etc. and 4,30,000 shares to HPMIDC.
- 27,19,930 shares were issued at par.
1986
- Commercial production was started on 1st February with 3,456 spindles.
- The company's works are situated at Dist. Solan, Himachal Pradesh.
1987
- A major portion of the factory building was constructed, and substantial machinery was received and/or installed.
1988
- The company commenced manufacture of acrylic yarn as part of its diversification programme.
1989
- Forfeiture on 15,600 shares was annulled.
1990
- Various machinery including 960 spindles, one card, one cone winder, ring data system and hank dyeing equipments were installed.
- 14,99,600 rights shares were issued.
1992
- The expansion scheme at the Baddi unit by installation of 4608 spindles made progress.
- Plans for addition of about 1500 spindles with related machinery and some balancing equipments were under consideration.
1993
- The company registered significant improvements in sales and exports.
- The company was granted the status of an Export House.
- A modernisation cum expansion scheme of 1152 spindles and related machines was undertaken.
1994
- The company installed 2304 spindles and related machines along with two imported auto coners.
- The first phase of the proposed 100% EOU named Deepak Polyspin was completed.
2003
- The company recommended an equity dividend of Rs 1 per share.
2004
- The company recommended an equity dividend of Rs 1.20 per equity share.
2005
- The company recommended an equity dividend of Rs 1.20 per share.
2008
- The company recommended a dividend on equity shares at Rs 0.50 per share.
- J N Pathak was appointed as Additional Director of the company.
2009
- V N Khemka, Executive Director, was appointed as Chief Executive Officer.
2010
- The company appointed Pradip Kumar Daga as Managing Director.
2016
- The company changed its logo.
