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Gravity (India) Ltd
NSE: BSE: 532015
₹10.95
(1.01%)
Fri, 26 Jun 2026, 06:59 am
Market Cap (in Cr)84.88
PE Ratio0.87
Dividend0
Process Industries
Textiles
24.5KCompany History
1987
- The company was incorporated as a Private Limited Company on 13th March.
1989
- The company started its manufacturing activities in Masat, Silvassa, Union Territory of Dadra and Nagar Haveli.
1994
- The company was converted into a Public Limited Company on 28th September.
- The company was registered with the Registrar of Companies, Maharashtra, at Mumbai.
1997
- The company proposed to install a Himson SCRAGG Draw Texturising Machine for a new project for manufacture of yarn.
- The company came out with a Public Issue for 30,01,300 No. of Equity Shares.
- The company allotted 6,30,000 equity shares to the promoters, friends and relatives.
2000
- The company passed a resolution regarding change in the main object clause and to insert object clause regarding Information Technology business.
- The company diversified into the information technology field by forming a subsidiary Gravity Infotech Ltd.
- The company set up a unit at Mahape in Navi Mumbai.
- The company took up an expansion-cum-diversification programme at a capital outlay of Rs 10 crore.
2004
- Gravity India entered into High-End Fabrics.
- The company issued bonus shares in the ratio 2:1.
- The authorized share capital was increased from Rs.70 million to Rs.100 million.
2005
- The company recommended dividend at 1%.
2008
- The company designated an E-mail ID for Investors Complaints: [email protected]