S P Apparels Ltd
NSE: SPAL BSE: 540048
₹762.95
(-2.55%)
Wed, 15 Apr 2026, 08:04 pm
Market Cap19.63B
PE Ratio17.03
Dividend0.26
Consumer Non-Durables
Apparel/Footwear
24.5KCompany History
1988
- The partnership firm was originally formed pursuant to a partnership deed dated December 14, 1988
1989
- Started export operations as a partnership firm
1998
- Set-up the own manufacturing facility at Neelambur
2001
- Commissioning of the first wind energy generator
2003
- Set-up first in-house embroidery facility at Thekkalur
2004
- Set-up the flagship factory at Avinashi with full garment conversion process (from cutting to packing)
2005
- The Company was incorporated in Avinashi, Tamil Nadu as S.P. Apparels Limited, a public limited company under Part IX of the Companies Act, 1956
- Conversion of the partnership firm to the Company
- Set-up first in-house printing facility at Avinashi
2006
- Acquisition of majority shareholding in CPPL pursuant to a share transfer agreement dated May 24, 2006 and a memorandum of understanding dated May 24, 2006 executed among CIPL, CPPL, the Company and Shivarams Associates Private Limited
- Addenda to the Technology License Agreement dated May 16, 2006 executed by the Subsidiary, CPPL with Crocodile International Pte Limited in 1996, for the use of the ÂCrocodile brand
- Awarded ÂOutstanding New Vendor by The ChildrenÂs Place (Disney Store, North America)
2007
- Acquisition of the ÂNatalia brand pursuant to an agreement dated February 20, 2007
- Amalgamation of S.P. TexFab Private Limited with the Company pursuant to a Scheme of Amalgamation sanctioned by the High Court of Madras with effect from March 21, 2007
- Received ÂWorldwide Responsible Apparel Production certification
2008
- Amalgamation of Sri Balaji Bakkiam Spinning Mills with the Company pursuant to a Scheme of Amalgamation sanctioned by the High Court of Madras with effect from May 13, 2008
- Acquisition of the retail division from CPPL, on a going concern basis
2009
- Reschedulement of term loan facilities from State Bank of Mysore and State Bank of Indore
- Recognized as ÂStar Export House by the Government of India
- Awarded ÂTrading Fairly Award by TESCO for setting benchmarks in Tirupur for labor standards compliance, investing in workers and supporting community projects
2010
- Formulation and implementation of a foreign exchange policy for the Company
- Awarded ÂTamil Nadu State Government Safety Award 2010Â by the Directorate of Industrial Safety and Health, Government of Tamil Nadu for the least number of accidents
2011
- Sale of wind mills owned by the Company to Maple Renewable Power Private Limited pursuant to a slump sale agreement dated December 23, 2011
- Awarded ÂTamil Nadu State Government Safety Award 2011Â by the Directorate of Industrial Safety and Health, Government of Tamil Nadu for the least number of accidents
- Awarded ÂBest Newcomer by Marks & Spencer ChildrenÂs Suppliers Awards 2011
2012
- Awarded ÂValues Award by TESCO
2013
- Investment by Euro Asia pursuant to the Investment Agreement
- Awarded ÂF&F Gold Rated Supplier 2013Â by TESCO
- Received laboratory accreditation ISO/IEC 17025:2005 by the National Accreditation Board for Testing and Calibration Authorities, Department of Science and Technology, India
2014
- Incorporation of a wholly-owned subsidiary, SPUK in the United Kingdom
- Reschedulement of term loan facility from Andhra Bank
- Received ISO 9001:2008 systems certification
- Received laboratory testing accreditation by one of the customers.
2015
- Execution of the Sub-Licensing Agreement with the Subsidiary, CPPL to manufacture, distribute and market products under the ÂCrocodile brand
- Transfer of 12 retail stores by Poornam to the Company pursuant to the Slump Sale Agreement
2019
- Spinning Mill production capacity expansion to 25 MT / day.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800