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K G Denim Ltd.

BSE: 500239 Sector: Industrials
NSE: KGDENIM ISIN Code: INE104A01012
BSE LIVE 10:43 | 21 Nov 61.00 -0.95
(-1.53%)
OPEN

62.00

HIGH

62.50

LOW

61.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 62.00
PREVIOUS CLOSE 61.95
VOLUME 19456
52-Week high 107.70
52-Week low 55.00
P/E 21.71
Mkt Cap.(Rs cr) 156
Buy Price 61.00
Buy Qty 233.00
Sell Price 61.75
Sell Qty 49.00
OPEN 62.00
CLOSE 61.95
VOLUME 19456
52-Week high 107.70
52-Week low 55.00
P/E 21.71
Mkt Cap.(Rs cr) 156
Buy Price 61.00
Buy Qty 233.00
Sell Price 61.75
Sell Qty 49.00

K G Denim Ltd. (KGDENIM) - Company History

Incorporated as a public limited company in Jun.'92, K G Denim (KGDL) was promoted by K G Naidu and Kannapiran Mills to set up a unit to manufacture denim fabric with an installed capacity of 10.5 mln mtr pa at Jadayam palayam in Tamilnadu. Commercial production started in Jan.'94. It produces denim fabric of different sizes, shades, weaves, blends and weights. The colours include indigo blue, sulphur black, light blue, green, violet, orange, yellow and purple. KGDL exports are to the EU, the US, Canada, Australia, etc. KGDL supplies denim fabric to major indigenous manufacturers like Levi's, Lee, Proline and Park Avenue. The company has expanded the captive ring and open-end spinning plants, a co-generation power plant at a cost of Rs.165 crores. KGDL has launched its brand of jeans -- Trigger -- marketed as nonsense jeans. It is available in Karnataka, Tamilnadu and Maharashtra. During 1995-96, the company has also ambitious plans to market garments and has launched brand building campaign. In 1996-97, the company has set up a 100% EOU and increased the capacity upto 19 million meters per annum. This expansion budget amounted to Rs. 4200 lakhs and company has till now spent Rs. 2729 lakhs. The project has been successfully commissioned on 16th May 1997. ISO 14001 Certification from KPMG Quality, Registrar - Holland was obtained during the year 1999-2000 and continues to be a forerunner in the industry by obtaining international quality standards for environment management system.