New Bombay Printing & Dyeing Mills was incorporated on September 16, 1991, as a private company with the Registrar of Companies, Maharasthra. The company was subsequently converted into a public company on April 27, 1992. It is a greenfield venture of experienced technocrat professionals to set up a knitting and processing unit of cotton hosiery fabrics mainly for export market at MIDC, TTC Industrial Estate, Navi Mumbai, at the total capital outlay of Rs 392.87 lakh. The company has on its board personalities from the US and UK having wide textile industry and business experience.
The major thrust of the company’s business in the past was on export of garments. In the year 2006, its unit at Navi Mumbai in Maharashtra was closed due to non-viable operations. The only source of income has been from letting out its factory premises and trading activities. As a temporary measure, purely to meet the fixed operating and running costs, a part of the manufacturing premises continues to be let out.
The registered office of the company is located at Block A-1, Parle Colony CHS, Sahakar Road, Vile Parle (E), Mumbai 400057.
Business area of the company
The company is engaged in the business of manufacturing and marketing textiles.