MAJOR MILESTONES
 

YEAR : 1990

  • Filatex India Limited was incorporated as a Public Limited Company on 8th August.
  • Company obtained Certificate of Commencement of Business on 5th September.
  • Company obtained Registration from Department of Industrial Development, Ministry of Industry, Secretariat of Industry Approvals, Government of India for manufacturing of polyester/nylon monofilaments with annual capacity of 500 tonnes at Noida Industrial Area, Distt. Ghaziabad, U.P.

YEAR : 1993

  • FIL carried out Public Issue of 18,00,000 Equity Shares of Rs. 10/- each for cash at par aggregating Rs. 18 Million.

YEAR : 1994

  • FIL started its first manufacturing activity in January with setting up of plant at Noida, (U.P). for the manufacture of 500 TPA Specialty Polyester / Nylon / Polypropylene Monofilament yarns.

YEAR : 1995

  • FIL set up Wind Power Project at Tamil Nadu, which was successfully commissioned in March (1 MW)
  • Filatex issues 35,00,000 Equity Shares of Rs. 10/- each at a premium of Rs. 35/- per share to Financial Institutions, Mutual Funds, and High Net worth Investors.

YEAR : 1996

  • FIL forays into the manufacture of Speciality Polyester Filament Yarn by the setting up of a second manufacturing facility at Dadra, Union Territory of Dadra & Nagar Haveli in the month of January.

YEAR : 1999

  • The gross turnover of FIL crosses Rs.1000 Million mark.
  • The manufacturing facility of the company at Noida and the corporate office at New Friends Colony, New Delhi receive ISO 9002 Quality Certification (for Manufacture & Marketing of all kinds of Mono Filament Yarn)

YEAR : 2000

  • FIL receives ISO 9002 Quality Certification for its manufacturing setup at Dadra ( for Manufacture and Marketing of Polyester & Polypropylene Synthetic Filament Yarn of all kinds )

 

CAPACITY BUILD-UP
Installed Capacity FY
93-94
FYs
95-97
FYs
98 & 99
FYs
2000-3/04
FY
04-05
Fy 05-06
Polyester, Nylon & Polypropylene Monofilament Yarn (MT) 500 1500 1500 1500 1500 1500
Polyester Filament Yarn (MT) - 8033 21900 32000 44000 58585
Wind Electricity (MW) - 1 1 1 1 1
 

 
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