Orbit Exports Ltd
Orbit Exports Ltd Company History
Orbit Exports principally operates across multiple verticals, from women’s apparel to Christmas crafts and home decor, with further interests in occasion specific fabrics and finished products. In as much, the company’s products have always been, and continue to be, entirely original, with respect to creativity and production.
1995
Initial Public Offering (IPO).
1995
2004
Taken over by the new management under the promotership of Mr. Pankaj Seth and Mrs. Anisha Seth.
2004
2007
The company has issued rights in the ratio of 1:1 at a premium of Rs.0/- Per Share.
2007
2008
The Company had made a Preferential Issue of 3,50,000 Equity Shares and 40,00,000 Warrants issued at a issue Price of Rs. 32.15 per Warrant.
2008
2010
Company's Surat Plant at Kosamba has become fully operational and its full impact on top line and bottom line will be reflected in the 4th quarter of the current financial year.
The Company has been successful in procuring orders for the production of its Surat Plant from well known brands from international markets. The new products find usage for bridal and evening wear market in the US.
2010
2011
Registered Office of the Company has been shifted From 11 -Mehta Chambers, Kalyan Street, P.D'mello Road, Masjid Bunder Road (E), Mumbai - 400 009, To E 27-29, Adi Marzaben Street (Manglore Street), Ballard Estate, S. Bhagat Singh Road, Mumbai - 400 038.
2011
2012
The Board of Directors of the Company, has decided to declare Interim Dividend for the year @ 25% i.e. Rs. 2.50 per share on 78,90,660 Equity Shares of Rs. 10/- each amounting to Rs. 1,97,26,650/-.
Orbit Exports has given the Bonus in the Ratio of 1:2
2012
2013
The Company has imported and installed 24 new Itema Airjet Looms at Fairdeal Textile Park, Village Mahuvej, Tal: Mangrol, Dist: Surat. The Commercial Production of fabrics has commenced w.e.f. June 25, 2013.
2013
2014
The Company has decided to appointment of Mr. Pardeep Khosla as an Additional Director of the Company w.e.f. July 18, 2014
2014
2015
Commencement of production of 14 new Jacquard Looms at Kosamba, Surat
Orbit Exports Limited features in Forbes AsiaÂs ÂBest under a Billion list
2015
2016
Registered Office of the Company is shifted from:-"E 27-29, Adi Marzaben Street (Manglore Street), Ballard Estate, S. Bhagat Singh Road, Mumbai - 400 038 to 122, 2nd Floor, Mistry Bhavan, Dinshaw Wachha Road, Churchgate, Mumbai - 400020."
2016
2017
Company has issued Bonus Shares in the Ratio of 1:1.
2017
2021
Set up a new Process and Dying unit at Valsad, Gujarat.
2021
