Knitwear Company for Sale in New Delhi, India
Acquire a renowned ISO-certified knitwear/home-furnishing manufacturing business with reliable yarn suppliers and export markets.
Premium Plan
| Established | 40-50 year(s) |
| Employees | 1000 - 5000 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 26.7 million |
| Run Rate Sales | USD 26.7 million |
| EBITDA Margin | 18 % |
| Industries | Knitwear + 1 more |
| Locations | New Delhi |
| Local Time | 5:02 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
37.4 million
(Native Currency: INR 3,300,000,000)
Reason: The promoter is looking to retire from the business.
This is an advisor-listed profile and the advi...
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Includes physical assets worth
USD
6.2 million
Interested to connect with advisors
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Business Name
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Business Overview
The company was originally incorporated as a private limited entity under the Companies Act, of 1956, and has been a significant entity in the textile industry since its establishment in 1982. The company later changed its name in 2011, to represent its growing international reach and diversified business portfolio. The company remains at the forefront of the textile industry, consistently establishing new standards. It procures high-quality yarn, the primary raw material, from esteemed mills to ensure superior quality and reliability in its products. With a strong focus on innovation and excellence, the company operates a cutting-edge facility in North India, equipped with 200 advanced knitting machines. Specializing in flat knitting, it collaborates with prestigious global brands, including Bed Bath & Beyond (BBB) and Tommy Hilfiger.
The company's quality management system is certified.
Under ISO 9001:2008, 14001:2004, and 18001:2007.
Standards.
The company's quality management system is certified.
Under ISO 9001:2008, 14001:2004, and 18001:2007.
Standards.
Products & Services Overview
Top-selling products are throws, bedspreads, quilts, cushions, and accessories.The business primarily exports to the USA and European countries, manufacturing for major companies.
Assets Overview
Tangible assets:Furniture & fixtures- INR 3 crores.
Office equipment- INR 1 crore.
Plant & machinery including CWIP- INR 49 crores.
Vehicle- INR 1 crore.
Computer- INR 0.2 crore.
Electrical goods- INR 1 crore.
Software- INR 0.04 crore.
The land is not part of the deal value.
Facilities Overview
The company operates from fully owned, state-of-the-art production facilities located in North India. Committed to maintaining high production standards, it continually invests in advanced technology to enhance its machinery and processes. This ensures that its products meet the rigorous demands of customers worldwide. The majority of the machinery installed across its facilities is sourced from leading industry manufacturers, reflecting its dedication to quality, efficiency, and innovation in manufacturing operations.
Capitalization Overview
Equity in business - 73%.Debt in business - 27%. (Bank loans)
100% owned by the promoter.
Recent Activity
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Earlier than 15 daysDirector, Textile Manufacturer, Ludhiana, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysGroup Manager, Automotive, Gurgaon, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Mumbai, Financial Consultant connected with the Business
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