Monte Carlo Fashions Limited was incorporated on July 1, 2008 in Ludhiana, Punjab, as a Public Limited Company with the Registrar of Companies of Punjab, Chandigarh and Himachal Pradesh. Company is one of the leading branded apparel companies and is presently engaged in manufacturing of designer woolen/ cotton readymade apparels and trading of readymade apparels including blankets under its brand 'MONTE CARLO' which has also been recognised as a 'Superbrand'.
Company operates through a well-established distribution network of over 471+ Exclusive Brand Outlets (EBOs), 1,949+ Multi-Brand Outlets (MBOs), and 1,468+ NCS & SIS points. Majority of the company's revenues comes from MBOs and franchise EBOs where the company primarily sells on pre-orders and outright basis.
Monte Carlo Fashions Ltd was launched in 1984 by Oswal Woolen Mills Ltd, the flagship company of Nahar group. The launch was a significant step in the evolution of branded garment industry in India. Since then, it has been catering to the ever-growing demands of the Clothing and Fashion industry.
The brand has gained the ISO 9001: 2000 certifications and has been felicitated by the International Wool Secretariat with the prestigious Best Exhibited Product award. It has also emerged as the No. 1 brand in the men's wear category in a survey conducted in the summer of 2009 by Images-ORG-MARG.
In 2011, the branded apparel business of the parent company, Oswal Woollen Mills Ltd., was demerged into the Comp ...any, effective from April 1, 2011, which retains the ownership of the brand Monte Carlo'.
In 2014, the Company came up with a Public Issue of 5,433,016 Equity Shares by raising capital from public aggregating to Rs 350.43 Crore through Offer for Sale.
In April 2014, the company commenced in-house manufacturing of some of its cotton T-shirts, thermals and socks.
In 2015, the company launched first outlet in Hyderabad. It also commenced production of socks. It expanded the network of sales by increasing number of exclusive retail outlets/large format stores and distributors.
The Company diversified its presence across segments such as Woolens, Cotton, Home furnishings and Kids in year 2017.
In 2018, the company launched its Fitness and Fashion wear range in the name of 'ROCK IT'.
The Company has diversified presence across various segments. It has created a comprehensive range of wool and cotton, cotton blended, knitted and woven apparels and home furnishing under umbrella brand name 'Monte Carlo' such as Luxuria, Denim, Alpha and Tweens, Rock.It etc. In the cotton segment, it produce T-shirt, Shirts, Denims, Trousers, Suits, and different other garments, apart from that it also produce jackets and coats.
In 2025, Company opened a total of 65 exclusive brand outlets, surpassing its target for the year of 50.
FAQs on Monte Carlo Fashions Ltd
1. Can I buy Monte Carlo Fashions Ltd from PL Capital? ›
Yes, you can invest in Monte Carlo Fashions Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Monte Carlo Fashions Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Monte Carlo Fashions Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Monte Carlo Fashions Ltd pay dividends? ›
Yes, Monte Carlo Fashions Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Monte Carlo Fashions Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Monte Carlo Fashions Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Monte Carlo Fashions Ltd. is ₹ 591.9 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Monte Carlo Fashions Ltd ? ›
The 52-week high and low of Monte Carlo Fashions Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
