- Sector
- Consumer Cyclical
- Industry
- Apparel - Manufacturers
- Address
- 57, Ashra Industrial Estate, B/h Mahalaxmi Fabrics, Near Narol Cross Road Ahmedabad India 382405
- IPO Date
- Feb 23, 2024
- Business
- Kalahridhaan Trendz Ltd (NSE: KTL) is an India-based textile dyeing and processing company engaged in the manufacturing and trading of embroidered fabrics, grey cloths, suiting, shirting, and dress materials primarily in the B2B wholesale market. The company offers core products and services including embroidery knitting with in-house and outsourced work on two machines producing up to 15,000 meters per day; dyeing and printing of natural and synthetic fabrics such as cotton, polyester, wool, viscose, silk, woven, knitted, terry, and tubular knitted materials; trading of grey cloths; and processing encompassing singeing, desizing, scouring, bleaching, mercerizing, and quality-controlled finishing for suiting, shirting, and dress materials. Incorporated in 2016 and headquartered at 57, Ashra Industrial Estate, Ahmedabad, Gujarat, the company operates a manufacturing facility with a capacity of up to 100,000 meters per day across 150,000 square feet, focusing on the textiles and apparel sector with backward, forward, and horizontal integration. In recent developments, Kalahridhaan Trendz completed its initial public offering in February 2024, raising funds through a fresh issue of approximately 4.998 million equity shares at INR 45 each to support working capital, loan repayment, and general corporate purposes; expanded production capacity targeting a surge to INR 1 billion in profits for FY25; and experienced key personnel changes including the resignation of statutory auditor M/s. Piyush Kothari & Associates on January 10, 2025, resignation of independent director Bharat Kumar Dipakbhai Chaudhary, and prior exits of the company secretary and compliance officer. Promoter holding stood at 68.2% as of early 2025, following a decline over the prior quarter, with operations centered in India and no reported subsidiaries or parent entities.