Milestones  
     
 
  1987-88   Incorporation and commencement of business
  1989   Creation of Dyeing and Doubling facilities for 360 tpa
  1991  

First public issue of 2.10 lacs shares and Capacity expansion

    Dyeing 1080 MT
  1992-93   Creation of Texturizing capacity – 216 spindles
  1993-94   Rights issue of 34.50 lac shares
  1994-95   Expansion of Dyeing capacity to 1150 tpa, Texturizing capacity 432 Spindles and creation of Recycled PSF capacity of 6000 tpa
  1996-07   Expansion of Dyeing capacity to 1800 tpa and recycled PSF to 10800 tpa. Equity Capital expanded to Rs. 9.37 crore
  2007-08   Set up Rudrapur Unit for recycled PSF with an capacity of 21600 tpa and expanded dyeing capacity to 2400 tpa.
  2008-09   Expanded Capacity of Kanpur Unit for RPSF to 18000 tpa. Equity Capital expanded to Rs. 9.87 Crore
  2009-10   Expanded Capacity of Rudrapur Unit by 18000 tpa. Equity Capital expanded to Rs. 12.32 Crores

Designation as STAR EXPORT HOUSE by the Ministry of Commerce & Industry.

  2010-11   ICAI awards ‘Silver Shield’ for excellence in Financial Reporting.

IFCI Venture Capital Funds Ltd. under its Green India Venture Fund, has subscribed to 1.5 million Optionally Convertible Debentures.


 
     
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