Kumar Cotton Mills Ltd.
SMEPrice Range
TBA
Issue Size
TBA
Lot Size
1 Shares
Min. Investment
TBA
Financial Summary
(in crores)| Particulars | FY 2022-23 |
|---|---|
| Operating Revenue | 25,149.23 |
| Other Income | 44.04 |
| Total Income | 25,193.27 |
| Total Expenses | 23,785.24 |
| Profit Before Tax | 292.53 |
| Total Profit | 218.44 |
Subscription Details
Use of Proceeds
| # | Purpose | Amount (₹ Cr) |
|---|---|---|
| 1 | Funding for Working Capital Requirements | 85 |
Promoters
Promoter Shareholding
Pre-IPO
88.26%
Promoter stake
Post-IPO
N/A
Promoter stake
Offered to Public
50,72,000
shares
About the Company
Incorporated in 1990, our Company is engaged in the processing of woven and knitted fabrics through bleaching, dyeing,printing and finishing operations. The fabrics processed by us are primarily used in suiting, shirting, women’s apparel, hosiery,nightwear and other garment applications. We undertake fabric processing on a job work basis as well as on an own accountbasis, under which we procure grey fabric, process it at our manufacturing facility and sell the processed fabric to our customers.Our customers primarily comprise garment manufacturers, textile manufacturers and processors, traders and wholesalers.
Use of Proceeds
1. Funding of capital expenditure towards set up of a new manufacturing facility.2. Funding of Working Capital Requirements.3. General Corporate Purpose (Collectively referred as the “Objects”).