Nitin Spinners has received an approval for the issuance of 10,00,290 Equity Shares at a price of Rs 120.50 per Equity Share aggregating to Rs 12.05 crore to Ratan Lal Nolklia, Dinesh Nolkha, Nitin Nolakha and Redial Trading and Investment (the Promoters). The Securities Issuance Committee (the Committee) of the Company at its meeting held on December 19, 2017, given approval for the same.
Nitin Spinners is an ISO 9001:2008 company and a Government of India recognized Export House, manufacturing 100% Cotton Yarns and Fabrics.
| Company Name | CMP |
|---|---|
| Trident | 25.19 |
| Filatex India | 43.84 |
| Nitin Spinners | 401.60 |
| Nahar Spinning Mills | 236.70 |
| Sanathan Textiles | 424.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: