Alok Industries

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Alok Industries Ltd
TypePublic
Industry
Founded1986; 36 years ago (1986)
FounderSurendra Jiwrajka
Headquarters
Mumbai, Maharashtra
,
India[1]
Revenue₹131,810 million (US$1.8 billion) (2014)[2]
₹2,424.5 million (US$32 million) (2010)[3]
Number of employees
20,169[4]
Subsidiaries
  • Grabal Alok Impex
  • Alok Apparels Pvt. Ltd
  • Alok Retail India Ltd
  • Alok Infrastructure Pvt Ltd
  • Mileta a.
  • Alok International Inc
  • Alok H&A Ltd
Websitewww.alokind.com

Alok Industries Ltd, is an Indian Textile manufacturing company based in Mumbai, India.[5][6] ISO 9001:2000 certified company. Its main business involves weaving, knitting, processing, home textiles, ready made garments and polyester yarns.[7] It exports 26% of its products to over 90 countries in the US, Europe, South America, Asia and Africa.[8]

History[]

It was established in 1986. In 1989, the company set up its first polyester texturising plant. The company became public in 1993 and was listed on Bombay Stock Exchange and National Stock Exchange of India with an IPO of Rs. 4.5 Cr.[9] The company Grabal Alok Impex Limited was amalgamated with Alok Industries on 1 April 1996.[5]

Retail[]

Alok H&A Ltd is a wholly owned subsidiary of Alok Industries Ltd. There are 250 store in India under the brand name H&A. Alok has a 91% stake in Grabal Alok (UK) Ltd, which had 210 stores under the brand Store Twenty One.[8]

Store Twenty One entered compulsory liquidation in July 2017, closing all stores.

See also[]

References[]

  1. ^ "Alok Industrial Limited – Integrated Textile Solutions". Alokind.com. Archived from the original on 10 October 2010. Retrieved 29 September 2010.
  2. ^ "Alok Industries". Moneycontrol.com.
  3. ^ "BSE Plus". Bseindia.com. Retrieved 29 September 2010.
  4. ^ "Alok Industries Ltd. (2584385): Stock Quote & Company Profile – BusinessWeek". Bloomberg BusinessWeek. Retrieved 29 September 2010.
  5. ^ a b http://www.alokind.com/milestones.html
  6. ^ "Alok Industries". Business.mapsofindia.com. 31 March 2006. Retrieved 29 September 2010.
  7. ^ "Alok Industries' QIP will hurt earnings in the near term – Money Matters". livemint.com. 28 March 2010. Retrieved 29 September 2010.
  8. ^ a b http://www.bseindia.com/bseplus/AnnualReport/521070/5210700913.pdf
  9. ^ "Alok Industrial Limited – Integrated Textile Solutions". Alokind.com. Archived from the original on 10 October 2010. Retrieved 29 September 2010.

External links[]

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