Introduction: Lorenzini Apparels Limited is involved in manufacturing, designing and marketing of readymade garments. Company has a total of 62 employees. It has 18 exclusive stores spread across Delhi, Haryana and UP.
Date of Establishment: Company was established as Lorenzini Apparels Private Limited on May 09, 2007.
Product & Service Offering: Company’s basket of products includes jeans,shirts,jackets,T-shirts,trousers,seatshirts,sweaters,blazers,waistcoats,shorts and capris to name a few. It sells its products under the brand name 'Monteil & Munero', 'Monteil' and 'Calgari'.
Customer Segment: Company reach out to its customers through both retail and e commerce channels. E commerce customers include Myntra, Limeroad, Flipkart, Jabong, Amazo and Paytm. Company also have franchise model to sell products.
Promoters of Lorenzini Apparels: Promoters of the company are Sandeep Jain(Managing Director) and Deepika Jain(Whole-time Director).
Objects of the Issue: The gains from the issue will be used for meeting the day to day cash requirements to run the company and to cater .to the expenses incurred by the release of the issue.
Company Financials:
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Summary of financial Information (Restated Consolidated) |
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Particulars |
For the year/period ended (in Rs. million) |
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31-Mar-17 |
31-Mar-16 |
31-Mar-15 |
31-Mar-14 |
31-Mar-13 |
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Total Assets |
139.51 |
51.31 |
55.68 |
41.69 |
64.19 |
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Total Revenue |
164.49 |
121.08 |
141.64 |
115.97 |
131.61 |
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Profit After Tax |
1.48 |
-0.30 |
0.55 |
1.19 |
-0.47 |
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