Alok Industries

Alok Industries
Public
Traded as BSE: 521070
NSE: ALOKTEXT
Industry Textiles, retail and real estate
Founded 1986
Headquarters Mumbai, Maharashtra, India[1]
Key people
 Dilip Jiwrajka MD[2]
Revenue ₹131,810 million (US$1.8 billion) (2014)[3]
₹2,424.5 million (US$34 million) (2010)[4]
Number of employees
 20,169[5]
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.
Website Official website

Alok Industries is an Indian ISO 9001:2000 certified textile manufacturing company based in Mumbai.[6][7] Its main business involves weaving, knitting, processing, home textiles, ready made garments and polyester yarns.[8] It exports 26% of its products to over 90 countries in the US, Europe, South America, Asia and Africa.[9]

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.[10] The Company Grabal Alok Impex Limited was amalgamated with Alok Industries on 1 April 2011.[6]

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 has 210 stores under the brand Store Twenty One.[9]

Store Twenty One has gone into liquidation as of July 2017.

Manufacturing

Mileta a.s., a manufacturing company based in Czech republic, is a 100% subsidiary of Alok through its wholly own subsidiary Alok Industries International limited.

Realty - Alok Infrastructure Limited

Projects

  • Peninsula Business Park, Mumbai
  • Ashford Royale, Mumbai
  • Ashford Centre, Mumbai
  • Ashford Palazzo, Mumbai
  • Lotus Corporate Park, Mumbai

See also

References

  1. ↑ "Alok Industrial Limited – Integrated Textile Solutions". Alokind.com. Archived from the original on 10 October 2010. Retrieved 2010-09-29.
  2. ↑ "Alok Industries spins Victoria's Secret in Burkina Faso". Business-standard.com. 5 September 2010. Retrieved 2010-09-29.
  3. ↑ "Alok Industries". Moneycontrol.com.
  4. ↑ "BSE Plus". Bseindia.com. Retrieved 2010-09-29.
  5. ↑ "Alok Industries Ltd. (2584385): Stock Quote & Company Profile – BusinessWeek". Investing.businessweek.com. Retrieved 2010-09-29.
  6. 1 2 http://www.alokind.com/milestones.html
  7. ↑ "Alok Industries". Business.mapsofindia.com. 31 March 2006. Retrieved 2010-09-29.
  8. ↑ "Alok Industries' QIP will hurt earnings in the near term – Money Matters". livemint.com. 28 March 2010. Retrieved 2010-09-29.
  9. 1 2 http://www.bseindia.com/bseplus/AnnualReport/521070/5210700913.pdf
  10. ↑ "Alok Industrial Limited – Integrated Textile Solutions". Alokind.com. Archived from the original on 10 October 2010. Retrieved 2010-09-29.
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