BUSINESS BRIEF

The company is engaged in weaving, processing, dyeing and finishing of denim fabric. Operating a state of the art manufacturing facility spread across ~48 acres of private diverted land on state highway in central India. The facility features advanced technologies, including Rope dyeing technology, dobby, Airjet & Rapier looms etc ensuring high-quality production standards.
 
Certifications:
  • ZDHC
  • Higg Index
  • GOTS
  • OEKO-Tex
  • GRS and more
Strategically located to minimize logistics costs and maximize distribution efficiency, the company also boasts surplus land of ~25 acres. This land offers significant potential for capacity expansion or vertical/forward integration, enabling swift development at a reduced cost and providing considerable upside potential for investors.

Products & Services

Premium Denim Fabric

Product related information:

  • Denim Fabrics : Rigid, Shirting, Basic twill, Dobby Structures
  • Man Made Fibres : Viscose, Lyocell, Modal, Spun poly, Hemp
  • Varied Composition : Ring, Ring slub, Cross hetch, Poly, Cotton stretch, Stretchability (40-75%)
  • Finishing : Width upto 76 inch, Soft finish, Flat finish, Over dying, RFD

Additional Information

Experienced operational/marketing team drawn from reputed companies like Raymond's, Arvind etc.

Strength: ~500 employees 

Installed Capacity:

  • Weaving (at Avg. 60 Grey PPI) : 110 Lac meters p.a..
  • Yarn Dyeing : 15 Mn meters p.a.
  • Fabric Processing & Finishing : 13 Mn meters p.a.

Revenue has decreased due to reduced exports caused by geopolitical issues, including instability in Bangladesh and West Asia. The company is now focusing on domestic sales while working to restore its export share.

Proposal
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Industry

Textiles & Apparels

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Sub Industry

Retail

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Nature of Business

B2B

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Sector

Manufacturing (Own Brand & Contract Manufacturing)

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Reason for sell-off

Strategic Realignment or Pursuing New Opportunities

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Location

India

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Region

Central

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Open For Dilution

100 % (Complete Buyout)

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Top Customer

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Deal Size

INR 130 - 140 Cr

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Justification

NA

Business Operation Information
Financial Information
2024 (in INR Cr) 2023 (in INR Cr) 2022 (in INR Cr)
Sales
131.34 143.96 145.95
EBITDA
PAT
Business Documents