TCNS Clothing Co. Share Price TCNS Clothing Co

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Chairman & Exec. Director Onkar Singh Pasricha
Managing Director Anant Kumar Daga
Non Executive Director Naresh Patwari
Independent Director Neeru Abrol
Independent Director Sangeeta Talwar
Independent Director Bhaskar Pramanik
Company Secretary Piyush Asija

TCNS Clothing Co. Limited is Indias leading womens branded apparel company in terms of total number of exclusive brand outlets as of May 2018, according to Technopak. The Company designs, manufactures, markets and retails a wide portfolio of womens branded apparel across multiple brands. The Company sells its products across India and through multiple distribution channels. As of March 31, 2019, the company sold its products through 541 exclusive brand outlets, 1,469 large format store outlets and 1,522 multi-brand outlets, located in 31 states and union territories in India. The companys product portfolio includes top-wear, bottom-wear, drapes, combination-sets and accessories that cater to a wide variety of the wardrobe requirements of the Indian woman, including every-day wear, casual wear, work wear and occasion wear.Mr. Onkar Singh Pasricha and Mr. Arvinder Singh Pasricha are promoters of the company, each have over 40 years of experience in the apparel industry, and the Managing Director, Anant Kumar Daga, leads an experienced and professional management team. The Management team, including Anant Kumar Daga currently has a significant ownership stake in the Company. The shareholders also include a fund affiliated with TA Associates, a marquee private equity group.The company was incorporated as a private limited company with the name TCNS Clothing Co. Private Limited on December 3, 1997. In 2002, the company launched the womens wear brand W. In 2016, the company launched womens apparel brand Wishful. In 2009, the company launched ethnic wear brand Aurelia. In 2011, Matrix Holdings and Matrix India made investment in the company. In 2015, the company opened W brand stores in Mauritius and Sri Lanka. In 2016, Wagner Limited made investment in the company. In 2017, the company opened the first Wishful brand store in India at New Delhi.The company was converted to a public limited company pursuant to a resolution passed by its shareholders on January 5, 2018 and the name was changed to TCNS Clothing Co. Limited on January 19, 2018. The company came out with an initial public offer (IPO) during the period from 18 July 2018 to 20 July 2018. A total of 8 selling shareholders offloaded a combined 1.57 crore shares of the company through the IPO. There was no fresh issue of shares by the company. The IPO was priced at Rs 716 per share. The stock made its debut on the bourses on 30 July 2018.The Company, during the financial year 2018-19, filed Prospectus with Registrar of Companies and Securities Exchange Board of India and the same was approved on July 09, 2018. The public issue was completely an Offer for Sale (OFS) constituting of up to 1,57,14,038 Equity Shares of Face Value of Rs. 2/- each. The company has issued an aggregate of 12,98,132 CCRDs of face value of Rs. 1/- each to Onkar Singh Pasricha and Arvinder Singh Pasricha at a premium, pursuant to approval of the Shareholders through resolutions dated January 5, 2018. These CCRDs were converted into 6,49,066 Equity Shares of Rs. 2/- each, aggregating to Rs. 12,98,132 on May 28, 2018 by approval of the Board.

REGISTERED OFFICE

112 / F/F Rectangle 1 D-4,
Saket District Centre,New Delhi,
New Delhi-110017

Tell. : +91-011-40578384
Website : http://www.wformwoman.com
Email : investors@tcnsclothing.com

REGISTRAR OFFICE

Karvy Selenium Tow-B,
Nanakramguda,Hyderabad-500032
INDIA

Tell. : +91-40-67161500
Website : www.karvyfintech.com
Email : einward.ris@karvy.com