Gokaldas Exports Ltd Company Summary

Gokaldas Exports Limited (GEL) was incorporated on March 1, 2004 by converting the erstwhile partnership firm Gokaldas India. Gokaldas Exports is one of Indias leading apparel manufacturers and exporters, serving some of the worlds most recognised fashion and lifestyle brands. Operating across the apparel value chain, the Company brings design, product development, sourcing, manufacturing, value added processing and delivery together on one integrated platform.

A diversified presence across India, Kenya and Ethiopia, complemented by marketing offices in India, the UAE and the United States of America, allows it to serve to evolving global sourcing requirements.Gokaldas Exports Pvt Ltd and Unique Creations (Bangalore) Pvt Ltd was merged with the company with effect from 1st April 2004.During 2004-05 the company has set up three new factories each at Bommasandra Industrial Area, Bangalore : at Yeshwanthpur, Bangalore and one at Doddaballapur Bangalore. Further the company has also planning to set up a unit at Madras Export Processing Zone(MEPZ), Chennai.During March 2005 the company made a madien public offer of 31,25,000 equity shares with a price brand of Rs.375/- to Rs.425/- and with this issue the paid up capital of he company has risied to Rs.17,18,80,000/-.The new state-of-the-art laundry facility at Bangalore had been commissioned in June06. The company also commissioned knit wear unit at Bangalore during 2005-2006The expansion programme at Chennai, Hyderabad, Mysore and Bangalore is also under progress during the yearThe Company installed the highest capex of Rs 105 Crores in 2006-07 and new plants were commissioned like Suit Plant at Peenya, Bangalore; Trouser Unit at Yelahanka; Trouser Unit at Yeshwanthpur, Bangalore; Knitwear Unit at Houser Road, Bangalore and Apparel Unit at SEZ, Chennai (MEPZ Tambaram).

Besides other 3 units commissioned comprised the New factory at Tumkur; in Mysore and in Hyderabad.Nine wholly owned subsidiary companies of the Company got merged with the Company in 2018-19 and the merger was given effect on 11th March, 2019. The Company commissioned Phase I of a New Sewing Factory in Bhopal, Madhya Pradesh to manufacture capacity of 3 million pieces per annum in 2024. The Company acquired Atraco Industrial Enterprise, Dubai, and other Atraco group companies on January 03, 2024 and further acquired 100% equity stake of Matrix Design and Industries Private Limited on March 13, 2024.