Alok Industries

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Alok Industries
Public
Traded as BSE521070
NSEALOKTEXT
Industry Textiles, Retail & Real Estate
Founded 1986
Headquarters Mumbai, Maharashtra[1], India
Key people
Dilip Jiwrajka MD[2]
Revenue 131,810 million (US$2.0 billion) (2014)[3]
Profit 2,424.5 million (US$36 million) (2010)[4] a
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, company setup first polyester texturising plant. Company became public in 1993 and 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 91% stake in Grabal Alok (UK) Ltd, which has 210 stores under the brand Store Twenty One.[9]

Manufacturing

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

Realty - Alok Infrastructure Limited

Projects

  1. Peninsula Business Park, Mumbai
  2. Ashford Royale, Mumbai
  3. Ashford Centre, Mumbai
  4. Ashford Palazzo, Mumbai
  5. Lotus Corporate Park, Mumbai

See also

List of companies of India

References

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  6. 6.0 6.1 http://www.alokind.com/milestones.html
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  9. 9.0 9.1 http://www.bseindia.com/bseplus/AnnualReport/521070/5210700913.pdf
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External links