JIK INDUSTRIES LIMITED (formerly known as Krishna Finstock Limited) was incorporated as a Private Limited Company on 10th May, 1990 and was subsequently converted into a Public Limited Company on 20th September 1994. The Company came out with its first IPO in December 1994. The Company acquired controlling interest in Brown Bull Industries Ltd. (BBIL), a Company engaged in manufacturing and exports, in August 1994 and subsequently changed the name of BBIL to JIK INDUSTRIES LTD. The said JIK INDUSTRIES LTD was later merged with the parent company.
The activities of the Company are Lead-Free Crystal glass manufacturing, Chemical Waste Recycling, Distribution & Others, Retail Network, Money Changing & E-commerce Retail.
The company has identified e-commerce as a new business opportunity, particularly in e-tailing. The proposed venture involves a combination of e-tailing with conventional methods of distribution to direct consumers. The company will capitalise on its existing distribution and retailing network to launch the product which will cater to the population at large.