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Company Information

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ATLAS JEWELLERY INDIA LTD.

26 June 2023 | 12:00

Industry >> Gems, Jewellery & Precious Metals

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ISIN No INE022N01019 BSE Code / NSE Code 514394 / AJIL Book Value (Rs.) 16.05 Face Value 10.00
Bookclosure 25/09/2020 52Week High 26 EPS 0.00 P/E 0.00
Market Cap. 93.31 Cr. 52Week Low 9 P/BV / Div Yield (%) 0.58 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Gee El Woollens Limited (GEWL) was incorporated as a private limited company on 31st May, 1989 and obtained certificate of change of name from the Registrar of Companies, Rajasthan at Jaipur. It is an existing profit making company engaged in the manufacture of woollen yarn at Industrial Area, Bikaner with an installed capacity of 600 MT per annum with financial assistance from RFC. The plant commenced commercial production in May, 1990. Looking to the increasing demand for woollen yarn and woollen carpets in domestic and international markets and with a view to reaping the benefits of economies of scale, the Company proposes to increase its installed capacity of woollen yarn to 1500 MT per annum and create fresah capacity for the manufacture of tufted and loom carpets of 60000 sq.mtrs. per annum and 120000 sq.mtrs per annum respectively mainly for exports. 2013 - Gee El Woollens Ltd. has changed its name to Atlas Jewellery India Ltd., effective from Auguust 30, 2013. 2014 - Atlas Jewellery India Limited announces the opening of its two new showrooms. - The Company has commenced its export activities in the new name of Atlas Jewellery India Limited in accordance with the main object of the Company.