Pashupati Cotspin Limited, originally established as Pashupati Cotspin LLP in 2013, underwent transformations to become a public limited company by July 2017. Specializing in the processing of raw cotton, the company engages in ginning, spinning of cotton yarn, and producing delineate seeds, thereby integrating forward into the textile industry. This strategic move aligns with evolving fashion trends and governmental initiatives. The company operates a manufacturing facility in Gujarat, close to significant cotton-growing regions, with a capacity of 25,536 spindles and 56 ginning units.
In August 2017, Pashupati Cotspin Limited raised Rs 20.88 crores through an IPO on the NSE Emerge, issuing 2,784,000 equity shares. Expanding its business scope, the company ventured into the pharmaceutical sector with the establishment of Uniza in 2020. This diversification highlights its adaptability and strategic positioning within both the textile and pharmaceutical industries.