Sharekhan

Aarvee Denims and Exports Ltd

Thu 13/03/2025,15:58:22 | NSE : AARVEEDEN

₹ 148.76-1.24 (-0.83%)

Data is delayed. Analysis is best done in real-time! Open a FREE Sharekhan Demat A/c in 15 mins* and continue your analysis with real-time data.

Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 153.00

Previous Close

₹ 150.00

Volume

28823

Mkt Cap ( Rs. Cr)

₹348.99

High

₹ 155.00

Low

₹ 148.00

52 Week High

₹ 159.90

52 Week Low

₹ 21.65

Book Value Per Share

₹ 20.48

Dividend Yield

0.00

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on Aarvee Denims and Exports Ltd

Your Vote -

Buy

83.33%

Hold

0.00%

Sell

16.67%

83.33%

12 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

NaN%

Sell Order Quantity

NaN%

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Option Chain

Analyzes market sentiment, predicts Aarvee Denims and Exports Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • Aarvee Denims an - Updates

    10 Mar 2025, 6:39PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) SEBI(SAST) Regulation, 2011-Mr. Rajesh Arora, M
  • Aarvee Denims an - Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2

    10 Mar 2025, 6:17PM Disclosure under regulation 29(2) of SEBI(SAST) Regulation, 2011
  • Aarvee Denims an - Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2

    10 Mar 2025, 6:15PM Disclosure under regulation 29(2) of SEBI(SAST) Regulation, 2011
  • Aarvee Denims an - Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2

    10 Mar 2025, 5:46PM Disclosure under Regulation 29(2) of SEBI(SAST) regulation, 2011.
  • Aarvee Denims an - Resignation

    7 Mar 2025, 4:41PM Aarvee Denims & Exports Limited has informed the Exchange regarding Resignation of MR. KETAN UTTAMCHAND DESAI as Chief Financial Officer of the compa
  • Aarvee Denims an - Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)

    7 Mar 2025, 4:23PM INTIMATION OF RESIGNATION OF MR. KETAN DESAI, CHIEF FINANCIAL OFFICER OF THE COMPANY
  • Aarvee Denims an - Amendment(s)

    7 Mar 2025, 11:27AM Aarvee Denims & Exports Limited has informed the Exchange about Amendment(s)
  • Aarvee Denims an - Disclosure Under Regulation 30 Read With Clause 5A Of Paragraph A Of Part A Of Schedule III Of The\r\nSecu

    6 Mar 2025, 6:14PM Disclosure under regulation 30 read with clause 5A of paragraph A of part A of Schedule III of SEBI(LODR)Regulation, 2015
  • Aarvee Denims an - Shareholders meeting

    1 Mar 2025, 5:56PM Aarvee Denims & Exports Limited has submitted the Exchange a copy Srutinizers report of undefined held on March 01, 2025
  • Aarvee Denims an - Shareholders meeting

    1 Mar 2025, 4:56PM Aarvee Denims & Exports Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on March 01, 2025
  • Aarvee Denims an - Shareholder Meeting / Postal Ballot-Outcome of EGM

    1 Mar 2025, 4:41PM PROCEEDINGS OF EGM HELD ON 01.03.2025 THROUGH VIDEO CONFERENCING/OTHER AUDIO VISUAL MEANS
  • Aarvee Denims an - Loss/Duplicate-Share Certificate-XBRL

    25 Feb 2025, 4:51PM AARVEE DENIMS & EXPORTS LIMITED has informed the Exchange about Issue of duplicate share certificates/Letter of Confirmation
  • Aarvee Denims an - Issue of Duplicate Share Certificate

    25 Feb 2025, 4:49PM Aarvee Denims & Exports Limited has informed the Exchange about Issue of Duplicate Share Certificate
  • Aarvee Denims an - Updates

    22 Feb 2025, 4:19PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
  • Aarvee Denims an - Updates

    21 Feb 2025, 5:49PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Sharesand T
  • Aarvee Denims an - Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2

    21 Feb 2025, 5:43PM Regulation 29(2) of SEBI(SAST), Regulation, 2011
  • Aarvee Denims an - Copy of Newspaper Publication

    20 Feb 2025, 5:56PM Aarvee Denims & Exports Limited has informed the Exchange about Copy of Newspaper Publication_ Corrigendum for EGM to be held on 1st March,2025
  • Aarvee Denims an - Submission Of Copy Of Advertisement For Corrigendum Of Notice Of Extra Ordinary General Meeting To Be Hel

    20 Feb 2025, 5:49PM Corrigendum of Notice of EGM to be held on 1st March, 2025
  • Aarvee Denims an - Corrigendum To The Notice Of The Extraordinary General Meeting ('EGM') Of Aarvee Denims And Exports Limite

    19 Feb 2025, 8:24PM Corrigendum to Notice of EGM to be held on 1st March,2025
  • Aarvee Denims an - Updates

    19 Feb 2025, 8:22PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Corrigendum to the Notice of the Extraordinary General Meeting ( EGM ) of Aarvee
  • Aarvee Denims an - Integrated Filing- Financial

    17 Feb 2025, 7:41PM Revised Integrated filing December 2024
  • Aarvee Denims an - Integrated Filing (Financial)

    17 Feb 2025, 7:38PM Revised Integrated filing December 2024
  • Aarvee Denims an - Integrated Filing- Financial

    17 Feb 2025, 5:15PM Integrated Filing- Financial December 2024
  • Aarvee Denims an - Integrated Filing (Financial)

    17 Feb 2025, 5:23PM Integrated filing-December 2024
  • Aarvee Denims an - Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2

    14 Feb 2025, 12:39PM Discosure under Regulation 29(2) OF SEBI(SAST)Reg,2011_Revised disclosure Jaimin Gupta
  • Aarvee Denims an - Updates

    14 Feb 2025, 12:37PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
  • Aarvee Denims an - Updates

    13 Feb 2025, 5:04PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
  • Aarvee Denims an - Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2

    13 Feb 2025, 5:01PM Disclosure under Reg 29(2) of SEBI(SAST)Reg,2011
  • Aarvee Denims an - Updates

    12 Feb 2025, 4:21PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
  • Aarvee Denims an - Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2

    12 Feb 2025, 4:23PM Disclosure under Regulation 29(2) of SEBI (SAST)Regulation,2011
  • Aarvee Denims an - Submission Of Copy Of Advertisement For Notice Of Extra-Ordinary General Meeting To Be Held On 1St

    6 Feb 2025, 4:02PM Advertisement copy of Notice of EGM to be held on 1st March,2025
  • Aarvee Denims an - Updates

    6 Feb 2025, 3:58PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Machine Readable copy of financial statements for the quarter and nine months end
  • Aarvee Denims an - Copy of Newspaper Publication

    6 Feb 2025, 3:51PM Aarvee Denims & Exports Limited has informed the Exchange about Copy of Newspaper Publication regarding EGM Notice
  • Aarvee Denims an - Notice Of Shareholders Meetings-XBRL

    6 Feb 2025, 1:48PM Aarvee Denims & Exports Limited has informed the Exchange about Notice of Shareholders Meeting for Extra-ordinary Meeting to be held on 01-Mar-2025
  • Aarvee Denims an - Shareholders meeting

    5 Feb 2025, 6:02PM Aarvee Denims & Exports Limited has informed the Exchange about Shareholders meeting
  • Aarvee Denims an - Extra-Ordinary General Meeting On 1St March, 2025 At 12.00 P.M

    5 Feb 2025, 5:59PM Extra-ordinary General Meeting on 1st March , 2025 at 12.00 P.M
  • Aarvee Denims an - Alteration Of Capital and Fund Raising-XBRL

    1 Feb 2025, 11:42AM AARVEE DENIMS & EXPORTS LIMITED has informed the Exchange regarding Issuance of securities
  • Aarvee Denims an - Copy of Newspaper Publication

    1 Feb 2025, 11:37AM Aarvee Denims & Exports Limited has informed the Exchange about Copy of Newspaper Publication of Financial result of quarter ended December 31,2024
  • Aarvee Denims an - Submission Of Copy Of Advertisement For Financial Results For The Third Quarter Ended 31.12.2024

    1 Feb 2025, 11:40AM Publication of Financial Result for the Third Quarter ended 31.12.2024
  • Aarvee Denims an posts Q3 net loss of Rs 6.94 cr

    30 Jan 2025, 8:20PM The company reported standalone net loss during the quarter stood at Rs 6.94 crore as compared to net loss of Rs 6.60 crore in the previous year quart
  • Aarvee Denims an - Results-Financial Results For Quarter Ended December 31,2024

    30 Jan 2025, 8:16PM Results-Financial results for quarter ended December 31,2024
  • Aarvee Denims an - Financial Result Updates

    30 Jan 2025, 8:16PM Aarvee Denims & Exports Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Aarvee Denims an - Outcome of Board Meeting

    30 Jan 2025, 8:12PM Aarvee Denims & Exports Limited has informed the Exchange regarding Board meeting held on January 30, 2025.
  • Aarvee Denims an - Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Of Aarvee Denims And Exports L

    30 Jan 2025, 8:12PM Outcome of the meeting of the Board of Directors of Aarvee Denims and Exports Limited ('Company') held on Thursday, January 30, 2025
  • Aarvee Denims an - Disclosure Under Regulation 29(1) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2

    28 Jan 2025, 6:49PM Disclosure under Reg 29(1) of SEBI(SAST)Regulation ,2011
  • Aarvee Denims an - Updates

    28 Jan 2025, 6:46PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and
  • Aarvee Denims an - Board Meeting Intimation

    28 Jan 2025, 5:38PM Aarvee Denims & Exports Limited has informed the Exchange about Board Meeting to be held on 30-Jan-2025 to consider and approve the Quarterly Unaudite
  • Aarvee Denims an - Board Meeting Intimation for To Consider And Approve The Un-Au Financial Result For The Period Ended Decem

    27 Jan 2025, 6:29PM AARVEE DENIMS & EXPORTS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/01/2025 ,inter alia, to cons
  • Aarvee Denims an - Updates

    25 Jan 2025, 3:32PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
  • Aarvee Denims an - Updates

    25 Jan 2025, 3:23PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
  • Aarvee Denims an - Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2

    25 Jan 2025, 3:33PM Reg 29(2) of SEBI(SAST)Regulation 2011
  • Aarvee Denims an - Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2

    24 Jan 2025, 6:16PM Disclosure under Regulation 29(2) of SEBI(SAST)Regulations,2011_Nipun Arora
  • Aarvee Denims an - Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2

    24 Jan 2025, 6:10PM Disclosure under Regulation 29(2) of SEBI(SAST)Regulation,2011_Rajesh Arora
  • Aarvee Denims an - Updates

    24 Jan 2025, 6:03PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
  • Aarvee Denims an - Updates

    24 Jan 2025, 5:59PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
  • Aarvee Denims an - Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2

    24 Jan 2025, 5:54PM Disclosure under Regulation 29(2) of SEBI(SAST)Regulations 2011_Vinod Arora
  • Aarvee Denims an - Updates

    24 Jan 2025, 5:45PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
  • Aarvee Denims an - Updates

    24 Jan 2025, 5:42PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
  • Aarvee Denims an - Disclosure Under Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2

    24 Jan 2025, 5:40PM Disclosure under Regulation 29(2) of SEBI(SAST) Regulations,2011_Renu Arora
  • Aarvee Denims an has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    21 Jan 2025, 2:50PM As of December 2024, 60.81% is owned by Indian Promoters and 39.19% by Public. <p align=justify> Top five Promoters holding highest number of shares o
  • Aarvee Denims an - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    18 Jan 2025, 2:15PM Aarvee Denims & Exports Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Aarvee Denims an - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    18 Jan 2025, 2:14PM Certificate under Reg. 74(5) of SEBI(DP)Regulation,2018 for quarter ended 31st December, 2024
  • Aarvee Denims an - Alteration Of Capital and Fund Raising-XBRL

    16 Jan 2025, 6:23PM Aarvee Denims & Exports Limited has informed the Exchange regarding Issuance of securities
  • Aarvee Denims an - Updates

    16 Jan 2025, 2:23PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Revision in Disclosure under Regulation 30 read with clause 5A of paragraph A of
  • Aarvee Denims an - Revision In Disclosure Under Regulation 30 Read With Clause 5A Of Paragraph A Of Part A Of Schedule III Of

    16 Jan 2025, 2:21PM Revision in Disclosure submitted on 15th January,2025 due to Typo graphical error in Enclosed Annexure in Point 9(c)
  • Aarvee Denims an - Updates

    15 Jan 2025, 3:42PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Disclosure under Regulation 30 read with clause 5A of paragraph A of Part A of Sc
  • Aarvee Denims an - Disclosure Under Regulation 30 Read With Clause 5A Of Paragraph A Of Part A Of Schedule III Of The Securit

    15 Jan 2025, 3:40PM Disclosure under Reg 30 of SEBI(LODR)Regulation,2015-Amendment in SPA executed on 5th September,2024
  • Aarvee Denims an - Outcome of Board Meeting

    13 Jan 2025, 3:59PM Aarvee Denims & Exports Limited has informed the Exchange regarding Board meeting held on January 13, 2025.
  • Aarvee Denims an - Board Meeting Intimation

    7 Jan 2025, 3:08PM Aarvee Denims & Exports Limited has informed the Exchange about Board Meeting to be held on 13-Jan-2025 to consider Fund raising.
  • Aarvee Denims an - Board Meeting Intimation for Raising Further Capital Upto An Amount Of Rs. 50 Crores

    6 Jan 2025, 6:03PM AARVEE DENIMS & EXPORTS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/01/2025 ,inter alia, to cons
  • Aarvee Denims an - Updates

    3 Jan 2025, 2:29PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Intimation under Regulation 30 of the SEBI (Listing Obligation and Disc
  • Aarvee Denims an - Announcement Under Regulation 30 Of SEBI(LODR)Regulations,2015 -Change In Name Of Registrar And Share Tran

    3 Jan 2025, 2:27PM Change in name of Registrar and Share Transfer Agent (\RTA\)
  • Aarvee Denims an - Loss/Duplicate-Share Certificate-XBRL

    26 Dec 2024, 12:31PM Aarvee Denims & Exports Limited has informed the Exchange about Loss of share certificates
  • Aarvee Denims an - Loss of Share Certificates

    26 Dec 2024, 12:21PM Aarvee Denims & Exports Limited has informed the Exchange about Loss of Share Certificates
  • Aarvee Denims an - Trading Window-XBRL

    26 Dec 2024, 12:12PM Aarvee Denims & Exports Limited has informed the Exchange about Closure of Trading Window
  • Aarvee Denims an - Trading Window

    25 Dec 2024, 2:24PM Aarvee Denims & Exports Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regul
  • Aarvee Denims an - ISD for Open Offer-Post Tendering Stage

    16 Dec 2024, 4:54PM Aarvee Denims & Exports Limited has informed the Exchange about ISD for Open Offer - Post tendering Stage
  • Aarvee Denims an - Updates

    16 Dec 2024, 3:53PM Aarvee Denims & Exports Limited has informed the Exchange regarding 'Post offer advertisement-Regulation 30'.
  • Aarvee Denims an - Public Announcement-Open Offer

    16 Dec 2024, 2:46PM Vivro Financial Services Private Limited has Submitted tot the Exchange a copy of post offer advertisement in accordance with Regulation 18(12) of the
  • Aarvee Denims an - Announcement under Regulation 30 (LODR)-Post Offer Public Announcement

    16 Dec 2024, 3:51PM Post offer public announcement
  • Aarvee Denims an - Post Offer Advertisement

    16 Dec 2024, 1:47PM Vivro Financial Services Pvt Ltd (\Manager to the Offer\) has submitted to BSE a copy of Post Offer Advertisement in accordance with Regulation 18(12)

Key fundamentals

Evaluate the intrinsic value of Aarvee Denims and Exports Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 294.8531 457.9313 539.2426 588.1323 642.4175
Liabilities 294.8531 457.9313 539.2426 588.1323 642.4175
Equity 23.4598 23.4598 23.4598 23.4598 23.4598
Gross Profit -31.2099 -28.1673 -10.333 -5.7582 34.0773
Net Profit -44.6164 -65.049 -41.4227 -64.1911 -41.9269
Cash From Operating Activities 109.9276 39.6456 12.5211 45.4119 64.5885
NPM(%) -52.65 -24.93 -9.83 -22.79 -7.42
Revenue 84.7266 260.899 421.0636 281.5505 564.6781
Expenses 115.9365 289.0663 431.3966 287.3087 530.6008
ROE(%) -92.85 -135.38 -86.21 -133.59 -87.25

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
30 Aug 2012 0.5 5 0 39.95
25 Aug 2010 0.5 5 0 68.55
23 Sep 2010 0.5 5 0 59.55
30 Oct 2009 0.5 5 0 59.05
20 Sep 2007 0.5 5 0 84.2

Peers

Other companies within the same industry or sector that are comparable to Aarvee Denims and Exports Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
SEL Manufacturing Company Ltd 31.04 3.29 0.00 494.37 -582.33 0.00
Gangotri Textile Ltd 0.92 0.00 0.00 486.54 -0.46 0.00
SPL Industries Ltd 39.20 3.59 10.23 432.68 40.52 0.00
AB Cotspin India Ltd 465.20 -1.21 47.86 156.48 65.08 0.00

Company Info

Amtex India Private Limited was incorporated on 28th March 1988 and the commercial production of Denim fabric was started in 1989. The company was converted into a Public Limited company and the name was changed to Amtex India Limited vide special resolution passed u/s 21,31,44 (2)(b) at the Companies Act, 1956 on 2.4.1992 and the company obtained a fresh certificate of incorporation consequent to the change of name to Aarvee Denims & Exports Limited on 7.4.1994. The company set up facilities for dyeing 21.6 lac metres per annum of yarn and processing of 12.96 lac metres per annum of grey fabric at Village Ranipur, Narol, District Ahmedabad. The cost of the project was Rs.86 lacs and was financed by term loans of Rs.40 lacs from State Bank of Hyderabad, equity share capital of Rs.24 lacs and unsecured loans of Rs.22 lacs from the promoters. The company commenced commercial production of denim in 1989. In 1991-92, the company set up facilities for weaving 7.02 lac metres per annum of fabric at a cost of Rs.26 lacs. In 1992-93 the company undertook an expansion project for increasing the yarn dyeing capacity from 21.6 lac metres to 81.6 lac metres per annum and the weaving capacity from 7.02 lac metres to 39 lac metres per annum. The cost of the expansion project was Rs.919 lacs and was financed by equity share capital of Rs.700 lacs (Promoters - Rs. 250 lacs, Public - Rs.450 lacs), internal accruals of Rs.79 lacs and deferred credit facilities of Rs.140 lacs from IDBI. During 1993-94, the company installed 4 additional Lakshmi Airjet looms (financed through internal cash accruals) to increase the weaving capacity. In order to further remove the bottleneck in the weaving capacity, the company has imported 34 second hand Tsudakoma and Suizer Airjet looms at a cost of Rs.300 lacs financed by an equipment loan of Rs.300 lacs from SCICI, increasing the weaving capacity to 82.35 lac metres per annum. In order to increase the Dyeing and Weaving capacity from 21.60 lac metres and 7.02 lac metres respectively to 81.60 lac metres and 41.68 lac metres respectively, the company came out with a Public issue in November 1992. The project which involved installation of Air Jet Weaving Machines. Yarn Dyeing and Sizing Machines and Spindle Driven Warpers etc. The company's Indigo Denim Fabrics are sold under the brand name `Amtex Indigo Blue Denim'. 2007 -Aarvee Denims signs MoU with Government of Gujarat. 2008 - "The company hereby appoints Mr. Amish Shah as Company Secretary". 2009 - "Mr. Utsav Pandwar, has joined as a Financial Controller of the Company". - The Board has approved the proposal of payment of an interim dividend on equity shares @ 5% i.e. Rs. 0.50 per equity share for the year. 2010 - The Board has declared an interim dividend on equity shares @ 5% i.e. Rs. 0.50 per equity share for the year. 2011 - Aarve Denim - Repurchase of US$ 3.5 million 0% Coupon Convertible Bonds Due. 2012 - The Board of Directors of the Company has declared interim dividend @ 5% i.e. Rs. 0.50 per equity share for the year. 2013 -Aarvee Denims & Exports Ltd has informed that the registered office of the Company has been changed from old address to 191, Shahwadi, Near Old Octroi Naka, Narol Sarkhej Highway, Ahmedabad - 382405, Gujarat, India.Tel No: 079 - 30417000 Fax: 079 - 30417070. 2014 -Company has appointed Mr. Hardik Modi as Company Secretary cum Compliance officer of the Company.

Amtex India Private Limited was incorporated on 28th March 1988 and the commercial production of Denim fabric was started in 1989. The company was converted into a Public Limited company and the name was changed to Amtex India Limited vide special resolution passed u/s 21,31,44 (2)(b) at the Companies Act, 1956 on 2.4.1992 and the company obtained a fresh certificate of incorporation consequent to the change of name to Aarvee Denims & Exports Limited on 7.4.1994. The company set up facilities for dyeing 21.6 lac metres per annum of yarn and processing of 12.96 lac metres per annum of grey fabric at Village Ranipur, Narol, District Ahmedabad. The cost of the project was Rs.86 lacs and was financed by term loans of Rs.40 lacs from State Bank of Hyderabad, equity share capital of Rs.24 lacs and unsecured loans of Rs.22 lacs from the promoters. The company commenced commercial production of denim in 1989. In 1991-92, the company set up facilities for weaving 7.02 lac metres per annum of fabric at a cost of Rs.26 lacs. In 1992-93 the company undertook an expansion project for increasing the yarn dyeing capacity from 21.6 lac metres to 81.6 lac metres per annum and the weaving capacity from 7.02 lac metres to 39 lac metres per annum. The cost of the expansion project was Rs.919 lacs and was financed by equity share capital of Rs.700 lacs (Promoters - Rs. 250 lacs, Public - Rs.450 lacs), internal accruals of Rs.79 lacs and deferred credit facilities of Rs.140 lacs from IDBI. During 1993-94, the company installed 4 additional Lakshmi Airjet looms (financed through internal cash accruals) to increase the weaving capacity. In order to further remove the bottleneck in the weaving capacity, the company has imported 34 second hand Tsudakoma and Suizer Airjet looms at a cost of Rs.300 lacs financed by an equipment loan of Rs.300 lacs from SCICI, increasing the weaving capacity to 82.35 lac metres per annum. In order to increase the Dyeing and Weaving capacity from 21.60 lac metres and 7.02 lac metres respectively to 81.60 lac metres and 41.68 lac metres respectively, the company came out with a Public issue in November 1992. The project which involved installation of Air Jet Weaving Machines. Yarn Dyeing and Sizing Machines and Spindle Driven Warpers etc. The company's Indigo Denim Fabrics are sold under the brand name `Amtex Indigo Blue Denim'. 2007 -Aarvee Denims signs MoU with Government of Gujarat. 2008 - "The company hereby appoints Mr. Amish Shah as Company Secretary". 2009 - "Mr. Utsav Pandwar, has joined as a Financial Controller of the Company". - The Board has approved the proposal of payment of an interim dividend on equity shares @ 5% i.e. Rs. 0.50 per equity share for the year. 2010 - The Board has declared an interim dividend on equity shares @ 5% i.e. Rs. 0.50 per equity share for the year. 2011 - Aarve Denim - Repurchase of US$ 3.5 million 0% Coupon Convertible Bonds Due. 2012 - The Board of Directors of the Company has declared interim dividend @ 5% i.e. Rs. 0.50 per equity share for the year. 2013 -Aarvee Denims & Exports Ltd has informed that the registered office of the Company has been changed from old address to 191, Shahwadi, Near Old Octroi Naka, Narol Sarkhej Highway, Ahmedabad - 382405, Gujarat, India.Tel No: 079 - 30417000 Fax: 079 - 30417070. 2014 -Company has appointed Mr. Hardik Modi as Company Secretary cum Compliance officer of the Company.

Read More

Parent Organisation

Aarvee Denims and Exports Ltd.

Founded

28/03/1988

Managing Director

Mr.Ashish V Shah

NSE Symbol

AARVEEDENBE

FAQ

The current price of Aarvee Denims and Exports Ltd is ₹ 148.76.

The 52-week high for Aarvee Denims and Exports Ltd is ₹ 155.00 and the 52-week low is ₹ 148.00.

The market capitalization of Aarvee Denims and Exports Ltd is currently ₹ 348.99. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Aarvee Denims and Exports Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Aarvee Denims and Exports Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Aarvee Denims and Exports Ltd shares.

The CEO of Aarvee Denims and Exports Ltd is Mr.Ashish V Shah, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

OPEN FREE* DEMAT ACCOUNT