Numis Amits' collection of Indian Textile & Jute Mill Shares & Bonds.

The Wadia Woollen Mills Limited was incorporated as a Public company on 17th September 1919. Mill agents were H P Wadia & Co . The share capital of the company at inception was One Crore (1,00,00,000) divided in to 1,00,000 Ordinary shares of Rupees 100 each.   Attached is a Black partially paid up share certificate of Rs. 100 (of which only rupees Sixty have been paid up), issued in 1920. This certificate is issued in the name of Lady Sulochna Chinoobhai OBE who was the wife of Chinubhai Baronet of Ahmedabad and was a director in a few mills. This mill seems to have had a short life as no reference is found about this mill in the Handbook of Textile Industry 1948. Either the Mill had closed down in the recession in the 1930’s or had been sold and re-named. Current Company status of the mill as seen in the Registrar of Companies list is – DISSOLVED. However no further information is available.   I would appreciate any further information or details on the c...

    The Saraswati Ginning and Manufacturing Co. Ltd.   Ginning is the process of treating cotton pods to remove the seeds and produce bales of raw cotton for further processing. Cotton Seed Oil is the extract from these cotton seeds.  The Saraswati Ginning and Manufacturing Co. Ltd. was set up in 1920 with an a uthorised capital of Rs. 30,00,000 divided in to 30,000/- of Rs100 each issued at Ahmedabad in August 1921. The paid up value of shares was Rs. 50/- only. The certificate shows an attractive vignettes of a factory building (most likely of the company itself) and a bridge across the river Narmada (probably indicating that the factory was located somewhere in the Bharuch (then Broach) district. Colour: Green & Brown.   It is worth noting that the certificates are signed by a Ms. Sulochana Chinubhai as Director and also as the Secretary, Treasurer & Agents of the factory. This shows that it was not only men but women too were actively i...

  THE RAJA GOKALDASS MILLS LIMITED. Share certificate printed in Black Ink. Probably started as a proprietary or partnership company in the late 19th century, it was incorporated under the Indian Companies Act 1913 after having been taken over by Sir Homi Maneck Mehta and Sheth Mangaldas G Parekh. Capital 6,00,000 rupees in 6,000 shares of 100 rupees. Later on the face value of shares was reduced to 50 rupees. "Raja Gokuldas Mills" was set up by one Raja Gokuldas Malpani (1839 – 1909), a Marwari millionaire from Jabalpur. He later set up a chain of ginning and pressing factories at Gadarwara, Piparia, Harda, Khandwa, Wardha and more places in the Central Provinces and Berar, at Banda and Etawah in Uttar Pradesh and Multan in Punjab. In 1883, Lord Ripon, the Viceroy of India conferred the title of "Rai Bahadur" upon him and in 1889, he was given the title of Raja in recognition of his great wealth and power. His family was considered one of the wealt...

  Seth Lalbhai Dalpatbhai whose father, Dalpatbhai Bhagubhai was into cotton trading business since the 1870, decided to start his own cotton mill to expand the family business. He established The Saraspur Manufacturing Co. Limited in 1896 with an authorised capital of Rs. 6,00,000 divided in to 600 shares of Rs. 100 each. This unit probably faced severe liquidity crises around 1923 and a winding up petition was filed against the company on 4 June 1924. After liquidation, Saraspur Manufacturing Co. Limited was renamed The Saraspur Mill Company Limited which was incorporated on 10 January 1928. Here is a “Duplicate” share certificate of Saraspur Manufacturing Co. Limited , numbered 64 for ONE share of Rupees 100 only, issued on 5th February 1937 in lieu of an earlier certificate in the name of Manibhai Lalbhai. This certificate is signed by Kasturbhai Lalbhai, the son of Lalbhai Dalpatbhai as the official liquidator of Saraspur Manufacturing Co. Limited. Kasturbhai went on the...

The Government Silk Filature, Mysore was started in 1921. In 1937 it became a joint stock company under the name The Mysore Silk Filature Ltd. with a capital of Rs. 4 lakh, to carry on the business of silk filatures for reeling high grade silk in the rich sericulture tract comprising of the talukas of Narasipur, Nahjangund, Chamaraj Nagar, Yelandur and Malavalli. To begin with a filature of 200 basins was to be established at Narasipur. The government had subscribed Rs 15,000 towards the share capital of company. The government granted 10 acers of land for the factory free of cost and also granted other facilities as water electric power transfer of existing machinery and equipment of the government filature at responsible price (nformation drawn from IJRAR1903873 International Journal of Research and Analytical Reviews (IJRAR) www.ijrar.org)   The Mysore Silk Filature Ltd was i ncorporated under the Mysore Companies Act 1917 with an authorised Capital Rs. 10,00,000 ...

THE OSMANSHAHI MILLS, LIMITED , was was incorporated in the State of Hyderabad (Deccan) and registered under the Companies Act IV of the Fasli year 1320 of H.E.H. the Nizam’s Dominions. The Company was Registered as a Joint Stock Company on the 7th of Sherivar in the Fasli year 1331 (15 July 1922 A. D.) at the City of Hyderabad, Saifabad, in the Dominions of H.E.H. the Nizam of Hyderabad. Although the company was incorporated in the state of Hyderabad, which had its own currency – the OS (Osmania Sicca or Hyderabadi Rupee), the authorized share capital of the company was denominated in British-India Rupees, which is mentioned on the share certificate as BG Rs (British Government Rupees) probably to attract investments pan India. The Mills were established at Nanded (now in Maharashtra) with land leased (at least partly) from the Gurudwara at Nanded. The initial Authorised capital was BG Rs. 100,00,000 (British Government Rupees One Crore) in 1,00,000 shares of BG Rs. 100 each and s...