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NIBE Ltd
NIBE Ltd Company History
NIBE is engaged in the business of Fabrication and Machining of components used in Defence Sector.
2005
Incorporation as ÂKavita Fabrics Private Limited
2005
2008
Commenced commercial production
2008
2012
Business purchase of Aayush Creation, a proprietorship firm of one of our Promoters, Mrs.Sarika Chandak
Conversion of the Company into a Public Limited Company.
Purchased 24 new jacquard power looms
2012
2014
Kavita Fabrics Ltd has issued Bonus shares in the proportion of 2:1
2014
2020
Company name has changed to NIBE Ltd. from Kavita Fabrics Ltd..
2020
2022
NIBE has own work order dated 6 December 2022 from Goa Shipyard for supplying mild steel and high tensile steel plates with shot blasting and priming for main hull and superstructure of floating dock for a total consideration of Rs 25.18 crore.
2022