Jinaam’s Dress Limited is the producer of Indian traditional and fusion clothing for women across diverse brands. It has installed manufacturing capacity of over 5,00,000 meters/month that begins with dying, printing, embroidery, cutting, stitching, sewing, finishing, inspection and packing of products. The Company has several brand portfolio that includes “Jinaam”, “Floral Creation”, “Roma”, “Asmira”, “Heroine”, “Bahni”, “Zareen”, “Tiaraa” and “Formm”. As on 31st January 2019, it has 224 employees on a payroll basis.
Date of Incorporation: It was incorporated as “Jinaam Apparels Private Limited” on 4th March 2011. Subsequently, it was refined to ”Jinaam’s Dress Limited” on 28th May 2018 at Ahmedabad.
Promoters of the Company: Mr Rahul Hemraj Oswal, Mr Vishal Hemraj Oswal and Mr Pritam Hemraj Oswal are the promoters of Jinaam’s Dress Limited.
Products and Service Offerings: The Company offers a wide range of indo-western and ethnic wear especially designed for women for events including casual-wear, every-day wear, work-wear, party-wear and occasional-wear across lehenga-choli, sarees, kurti, dupatta, and scarfs.
It has added 134 products catalogues that include 8-10 designs each.
Customer Segments: Jinaam’s Dress Limited distributes its products across 19 states and 4 union territories in India. It also operates a retail store at The Gateway Hotel, Surat, Gujarat besides its e-commerce platform presence through www.manndola.com.
Objectives of the Offer: The main objects of Jinaam’s Dress Limited IPO are:
- Acquisition of Pieces of machinery required.
- Financing long-term working capital booster for the company.
- Paying-Off certain loans availed.
- Incurring general corporate expenses.
- To utilize for Issue related expenses.
For the year/period ended (in Rs. Lakhs)
Profit After Tax