- CEO
- Suresh Dhanraj Kawarjain
- Full Time Employees
- 5
- Sector
- Industrials
- Industry
- Manufacturing - Textiles
- Address
- 205, Rajhans Complex Surat India
- IPO Date
- Jun 5, 2015
- Business
- Suncity Synthetics Limited (BSE: SUNCITYSY.BO) manufactures polyester staple fiber, nylon granules and fibers, and PET bottle flakes in India. The company produces regenerated polyester fibers for applications including clothing fabrics, home furnishings, automobile textiles, nonwoven carpets, and carry bags; regenerated PA6 (polyamide 6) nylon granules used as matrix materials in glass- or carbon-fiber reinforced composites for automotive components such as intake manifolds and technical textiles; and PET bottle flakes derived from advanced recycling processes emphasizing water reuse, natural resource efficiency, and CO2 emission reduction. Certified with ISO 9001:2000 for quality management and ISO 14001 for environmental protection, Suncity Synthetics operates two manufacturing facilities in the RIICO Industrial Area, Boranada, Jodhpur, Rajasthan, with additional operations in Surat, Gujarat, and Mumbai, Maharashtra, serving markets across India and neighboring states.
Founded on February 25, 1988, and headquartered in Jodhpur, Rajasthan, with a registered office recently shifted from Surat, Gujarat, to Maharashtra as approved by the Regional Director in August 2025, the company lists on the Bombay Stock Exchange. It belongs to the manmade textiles and synthetic materials industry, focusing on recycled polymers and fibers for textile, automotive, and composite sectors.
In a significant recent development, the board approved a 98% capital reduction on June 21, 2025, to address accumulated losses, pending shareholder approval at the annual general meeting scheduled for July 29, 2025. The company has reduced debt levels and improved debtor days from 52.1 to 21.8, while operating at full capacity amid a challenging sales environment marked by a compound annual decline of nearly 40% over five years. No major acquisitions, funding rounds, partnerships, or new product launches appear in recent public disclosures for 2024-2025.