Nylofils India Limited is a Public Limited Company engaged in the manufacture of monofilament yarn and fishing nets. The Company was promoted by Mr. V. Venkateswara Rao and Mr. V. V. Ramalingayya. It was formed as a Private Limited Company in 1992 and subsequently converted into a Public Limited Company in 1995. The Company came out with a public issue of its shares in 1998 and the shares of the Company are listed in the Bombay, Ahmedabad Stock Exchanges.
The Company has established an integrated plant manufacturing Mono Filament Yarn, the main raw material required for manufacture of Fish Nets. The yarn so produced is captively consumed in the manufacture of Fish Nets by the Company, which enables cost reduction and ensures continuous supply of raw material. The Company has a wide and established marketing network for marketing of Fish Nets. The operations of the Company are managed by Mr. V. Venkateswara Rao, Managing Director, who, in addition to day to day affairs, also oversees production, marketing, and finance and is ably supported by experienced employees and efficient staff at all levels.