Mr. Bill Gates acknowledges Hester for developing a Newcastle Disease Vaccine - Sonalika Tractors aims to expand in Europe and 5 global markets eyes 20% growth - Schneider Electric Announces EcoXpert™ Master Level Partners in Critical Power - NAREDCO TO LAUNCH ITS FIRST PROPERTY EXHIBITION IN MUMBAI - BSE’s India INX gets SEBI nod for listing framework of debt securities - Prime Minister inaugurates Dr. Ambedkar International Centre - Defending champ Rashpal confident of retaining Crown - ICAI International Conference 2017 Concludes Today - adidas partners with Lifestyle International Pvt. Ltd. adidas women’s apparel will now also be available at 16 Lifestyle stores across India - PUBLICATION OF MARATHI NOVEL "HIS DAY" FOR HIZDE [Trans Gender] RELEASED AT A BOOK LAUNCH AMIDST EUNUNCHS - NSE compiles ‘Regulation wise Compilation of SAT Orders’ Senior SEBI officials release an e-book in 5 volumes on SAT orders - Ruchi Soya to scale up Soybean crushing business post favorable government policies - Cloudnine Group of Hospitals Inaugurates First ever hospital in New Mumbai dedicated to mothers & babies - STERLING HOLIDAYS REDEFINING THE INDIAN HOLIDAY LANDSCAPE - Astron Paper and Board Mill Limited’s IPO opens on December 15, 2017, with Price Band of Rs. 45 to Rs. 50 per Equity Share of Face Value of Rs. 10 each - SumTotal Advances as a Leader in Nucleus Research’s Talent Management Technology Value Matrix for a Third Consecutive Year - PRICING OF USD 500 MILLION 3.835% FIXED RATE SENIOR UNSECURED DOLLAR GREEN BOND OF 10 YEAR TENOR BY INDIAN RAILWAY FINANCE CORPORATION LIMITED - Nation pays tribute to Dr Babasaheb R. Ambedkar on his death anniversary along with the Prime Minister and Celebrity - 2nd Global Textile Technology & Engineering Show 1st – 3rd February 2019 - White Hill Music releases brand new song ‘Nain’ from the album ‘Solo’ - Camlin brings Iconic `Flora Classic’ Pencils back - The 5th Edition of China Homelife / Machinex India 2017 inaugurated at BEC, Mumbai - Emotion with devotion needed for Khadi’s growth, says Minister Giriraj Singh - Union Bank of India ties up with RXIL (Receivable Exchange of India Ltd) as a TReDS (Trade Receivable Discounting System) Partner - CJP Uploads Online Petition Intervening For Peace in Ayodhya - The Governor of Maharashtra CH Vidyasagar Rao has expressed grief on the demise of veteran actor Shashi Kapoor - Actress-Model Daljeet Kaurr Mrs Universe 2016 introduced models from 26 cities for Mr, Miss and Mrs IAWA 2017 at Off the Grid Lounge,Mumbai - Music Launch of ‘Dr. Tatya Lahane | Angaar… Power Is Within’ A Mesmerizing Affair - Noor (Non-Interest Bearing Resident Accounts) Personal Accounts Launched By Federal Bank on Milad-E-Sherif - Latest Patented Innovation from Kaspersky Lab Helps Businesses Tackle Stealth Remote Control - VODAFONE INTRODUCES NOIDA’S FIRST FREE WI-FI ENABLED BUS SHELTER - Intersolar India, the Three Day Flagship Solar Industry Conference and Exhibition Opens on December 5 in Mumbai - Mercedes-Benz strengthens its after-sales footprint in south India, inaugurates the first luxury car workshop in Salem - Ravi Dube, Ahsaan Qureshi,Shharad Malhotra,Meghna Naidu, Iqbal Khan, Ishrat Ali, Daljit Kaur & Yogesh Lakhani came for 4th Dashnik Mumbai Press Media Award at Iskcon,Mumbai. - INAUGURATION OF AADHAR ENROLMENT-CUM-UPDATION CENTRE AT MUMBAI GPO - Hema Malini launches “ONE FOR ALL , ALL FOR ONE”, a Tribute and salute to Indian Army - Bollywood Actor and MP Hema Malini during announcement the Synergy, an Indo Georgian Dance fusion in Mumbai - Glamour Rendezvous Diagold cuts the ribbon with Shilpa Shetty - IBS Mumbai develops future leaders through its management education programme - Moneycontrol hosts a special ground event ‘India’s Road Ahead’ - GUJARAT ELECTIONS STARTS TODAY

Dollar Industries Limited lists on NSE at Rs.1314/-

Mr Dindayal Gupta, Chairman, Dollar Industries Ltd; Mr Vinod Kumar Gupta , Managing Director , Dollar Industries Ltd; Mr Binay Kumar Gupta,Jt Managing Director, Dollar Industries Ltd ringing the bell with other company officials - Photo By Sachin Murdeshwar GPN NETWORKMr Dindayal Gupta, Chairman, Dollar Industries Ltd; Mr Vinod Kumar Gupta , Managing Director , Dollar Industries Ltd; Mr Binay Kumar Gupta,Jt Managing Director, Dollar Industries Ltd ringing the bell with other company officials - Photo By Sachin Murdeshwar GPN NETWORK
  • Dollar intends to expand its product portfolio across range from kids to adults
  • Company to focus growth in exports
Mr Dindayal Gupta, Chairman, Dollar Industries Ltd; Mr Vinod Kumar Gupta , Managing Director , Dollar Industries Ltd; Mr Binay Kumar Gupta,Jt Managing Director, Dollar Industries Ltd ringing the bell with other company officials and Ms Ishita Vora , Head Listing - Equity & Debt, NSE- Photo By Sachin Murdeshwar GPN NETWORK.

Mr Dindayal Gupta, Chairman, Dollar Industries Ltd; Mr Vinod Kumar Gupta , Managing Director , Dollar Industries Ltd; Mr Binay Kumar Gupta,Jt Managing Director, Dollar Industries Ltd ringing the bell with other company officials and Ms Ishita Vora , Head Listing – Equity & Debt, NSE- Photo By Sachin Murdeshwar GPN NETWORK. 

Mumbai, April 21, 2017 (GPN) : Kolkata-headquartered Dollar Industries Limited, one of India’s leading hosiery companies, gets listed on National Stock Exchange (NSE) with effect from Friday, April 21, 2017 at Rs 1314/-. The listing of the Company on one of the premier stock exchanges of the country is expected to enhance the visibility for the Company’s equity shares and also provide liquidity for existing and prospective investors.  Hem Securities Ltd. was the listing advisor to the Company.

Mr Vinod Kumar Gupta, Managing Director, Dollar Industries Limited, said, “Listing on one of the premier stock exchanges is a significant milestone for Dollar Industries and it is indeed a moment of pride for all of us at Dollar as we embark on a new journey with us being listed on the National Stock Exchange. Today we are the first Indian innerwear company with fully Integrated Manufacturing unit. The company has a market share of over 15% in the branded knitwear market. The company has its presence in the entire length and breadth of the country in over 800 towns and cities in India and products are sold by over 80,000 retailers pan India. We are one of the fastest growing innerwear companies in India, reporting annual revenue of Rs.830 crore for the period 2015-16 with exports contributing to Rs.69.3 crore for the financial year 2015-16.”

Further Mr Gupta added that, “The Company is one of the leading knitwear brands in India and has its presence in Nepal, Middle East and Gulf countries. Company has it reputation as highest selling knitwear brands in UAE and Middle East.

We would like to further grow our exports in the existing countries as well as we will be looking to venture in new geographies.” Dollar has also achieved the status of “Export House” in accordance with the provisions of foreign trade policy of Ministry of Commerce and Industry, Government of India.

The Company over the years has grown as the first totally integrated hosiery manufacturing company in India with units in Kolkata, Tirupur, Delhi and Ludhiana. One of the state-of-art New Processing Unit is located at (cont.)

SIPCOT, Perundurai – Erode, district in Tamil Nadu. The unit is well equipped with the Latest Processing Technology to produce finished raw material dyed in any possible colour. We have got a production capacity of about 13.5 tons a day having 6 HPHT (High Pressure High Temperature) machines installed. This factory has a capacity of 1000 KL Zero Liquid Discharge with multiple evaporators and we follow the Norms of PCB, comply with labour laws and various Quality Systems. We also own a Spinning Unit situated at Vedasandur, Dindigul district.

R&D plays a major role at Dollar Industries and is an ongoing process so that all the products combine fashion and functionality. State-of-art technologies have reinforced our facilities and will add new excellence to the products. The frontier of competitive advantage is the customer interface.

The company began its journey with the signature brand ‘Dollar’. Later, the brand Dollar Bigboss launched after Dollar brand, which achieved popularity among consumers. Bollywood celebrity actor Akshay Kumar is the Brand Ambassador of Dollar Bigboss and he has contributed significantly in the success of the brand over the last six years. The company also has introduced Kids wear range “Champion”, women’s wear under the brand name “Missy” and casual wear range called “Force”. Dollar Industries were the first Indian Innerwear manufacturing company to introduced Micro Modal fabrics in inners.

The overall range of products at Dollar Industries includes vests, briefs, trunks with latest cuts and fits. In apparel category, there is basic and fashion denims, t-shirts, gym-vests, bermuda and track pants. For winter, the company has premium thermals for men, women and children. While, the women’s range includes camisoles, panties and leggings.

The company is committed to develop, improve and maintain an efficient quality management system in compliance with ISO 9001:2015 International Standard.Ends.

 

About the Author

Sachin Murdeshwar
Sachin Murdeshwar is a Sr.Journalist and Columnist in several Mainline Newspapers and Portals.He is an ardent traveller and likes to explore destinations to the core.

Be the first to comment on "Dollar Industries Limited lists on NSE at Rs.1314/-"

Leave a comment

Your email address will not be published.


*