- CEO
- Gajender Kumar Sharma
- Full Time Employees
- 6
- Sector
- Basic Materials
- Industry
- Steel
- Address
- #Mustil No. 17 Gurugram India
- IPO Date
- Jul 1, 2002
- Business
- Meyer Apparel Limited manufactures and sells readymade garments, primarily men's suits, trousers, jackets, formal shirts, and accessories including ties, leather wallets, watches, and eyewear; it operates in wholesale and retail channels for the Indian market while exporting to the United States, Canada, Europe, and the Middle East. The company, promoted by the KBSH Group of Haryana and the Singapore-based Thakral Group, produces classic men's wear using state-of-the-art European equipment and maintains production capacity for approximately 600 jackets and 800 pairs of trousers daily at its facility in Gurugram, India, where it was founded in 1993 and is headquartered. Meyer Apparel Limited, formerly known as GIVO Limited until its name change in October 2015, focuses on formal dressing alongside normal wear such as jeans, t-shirts, sweaters, and sneakers; it underwent Italian technical training prior to full production launch in 1996 and continues to serve retail customers through its operations in the consumer non-durables apparel sector. In recent developments, the company appointed Pawan Kakra as Chairman effective July 29, 2024, following his role as additional non-executive director from May 23, 2024, amid ongoing board adjustments; it reported declining net sales across quarters in fiscal 2025, including Rs 0.25 crore for March 2025 (down 82.95% year-over-year), Rs 0.26 crore for December 2024 (down 76.27%), and Rs 0.38 crore for September 2024 (down 38.13%), reflecting operational challenges with consistent quarterly losses such as Rs 0.19 crore in recent periods.