| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Mr. Deepak Kishor Chandra Vaidya CEO | XNSE Exchange | INE162C01024 ISIN |
| IN Country | - Employees | - Last Dividend | 26 Oct 2005 Last Split | - IPO Date |
Paras Petrofils Limited, based in Surat, India, is a company with a history in the manufacturing sector, albeit it currently does not engage in any significant operations. Founded in 1991, the company has a background in the textile industry, particularly in the manufacturing of nylon and polyester yarns. Additionally, it has experience in trading fabrics. Despite its previous active role in these areas, Paras Petrofils Limited has shifted away from these operations, marking a significant transition in its business model.
Nylon Yarns
Previously, Paras Petrofils Limited specialized in manufacturing high-quality nylon yarns, which are essential components in the textile industry. These yarns are known for their strength, elasticity, and abrasion resistance, making them ideal for a wide range of applications including clothing, home furnishings, and industrial products.
Polyester Yarns
The company also engaged in the production of polyester yarns, valued for their durability, resistance to shrinking and stretching, and quick-drying properties. Polyester yarns are widely used in the production of apparel, home textiles, and various technical textiles due to their versatility and performance features.
Fabric Trading
Beyond manufacturing, Paras Petrofils Limited was involved in the trading of fabrics. This aspect of its business model allowed the company to cater to a broader market by offering a variety of fabric types to meet diverse customer needs. The trading activity encompassed a range of fabrics, capitalizing on its expertise in textile materials to facilitate trade dealings.