Veekayem Fashion & Apparels Limited was originally incorporated as Veekayem Textile Mills Private Limited' on September 17, 1985 as a Private Limited Company with the Registrar of Companies, Mumbai. The Company was converted from a Private Limited to Public Limited Company and the name of the Company was changed to Veekayem Textile Mills Limited' dated June 29, 2018 and further was changed to Veekayem Fashion & Apparels Limited vide fresh Certificate of Incorporation dated October 29, 2018 issued by the Registrar of Companies, Mumbai. Krishankant Gupta, Vijaykumar Gupta and Madanlal Gupta are the Promoters of the Company.
The Company is engaged in weaving and garment manufacturing, branding and retailing of apparels. The Company's product basket includes two main product categories: Textile the company manufactures Greige Fabrics including 100% Cotton - Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting - Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen and Garments the company manufacture all types of readymade garments for men and women, such as formal shirts, cotton shirts, formal trousers, cotton trousers, cotton joggers, cotton shorts, pyjamas and Bermuda.
The Company's manufacturing plant is situated at Umargaon in Gujarat. This facility is installed with automated machineries having capacity to manufacture 5,00,000 Meters fabrics per month and 1,50,000 pcs of readymade garments per month. Th ...e Company's technical team is equipped with modern technology and processing techniques by virtue of which it is able to ensure quality output. The Company has a testing facility within the premises of manufacturing units. Its manufacturing facility has fully equipped quality control department with experienced staff to facilitate smooth manufacturing process. The Company has necessary infrastructure to test its raw materials and finished products to match the quality standards and as specified by the relevant customers. All the products are being manufactured strictly as per quality norms using the expertise of its experienced team to provide quality output to customers at competitive prices.
In July 2022, the Company launched an IPO by raising funds from public aggregating to Rs. 4.43 Crore Equity Shares and by issuing 15,84,000 Equity Shares through Fresh Issue.
FAQs on Veekayem Fashion & Apparels Ltd
1. Can I buy Veekayem Fashion & Apparels Ltd from PL Capital? ›
Yes, you can invest in Veekayem Fashion & Apparels Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Veekayem Fashion & Apparels 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 Veekayem Fashion & Apparels Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Veekayem Fashion & Apparels Ltd pay dividends? ›
Veekayem Fashion & Apparels Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Veekayem Fashion & Apparels Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Veekayem Fashion & Apparels Ltd. is ₹ 98.1 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Veekayem Fashion & Apparels Ltd ? ›
The 52-week high and low of Veekayem Fashion & Apparels Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
