Pommys Garments (India) Limited IPO
Pommys Garments (India) Limited was originally incorporated on December 03, 2009 in the state of Tamil Nadu as a Private Limited The Company is one of the leading garment manufacturer based in Rajapalayam City, Tamil Nadu, specializing in women’s clothing. The brand “POMMYS” has built a strong goodwill for itself in the domestic market and commands a premium. Our company is into manufacturing and marketing of various garments such as Night Dress, Ladies Innerwear, Leggings, Kurtis, and Skirts. The Company expanded its product portfolio by adding other garments like Frocks for kids during August 2013 and Shirts for men during September 2016.
The company’s focus is on wholesaling of Pommys’s branded clothing for both women and children, and Shirt manufacturing. The emphasis of the company has been on the use of quality materials and conforming to high-quality control standards which ensure that the manufactured goods are of the highest quality and consistency, thereby earning the trust and confidence of our customers. Pommys remains dedicated to producing only the highest quality designs. As part of our emphasis to involve our clients in the production process, we go the extra mile to develop samples and produce patterns to ensure that our clients’ concepts are fully captured in our products Company has 50 Retail Outlets out of which 12 are Pommys Boutiques where all kinds of wearable and inner garments exclusively for ladies are sold, 5 are Pommys Silks – Family Shops where all types of wearable of various brands for the entire family can be purchased and the rest are EBO’s (Exclusive Brand Outlets) featuring garments of “POMMYS” brand. With a presence in more than 25 cities, Pommys Retail is one of Tamil Nadu’s largest fashion destinations, selling more than two lakhs garments a month. The company is presently supplying its products to over 400 textile showrooms throughout the state of Tamil Nadu.
Objects of the Pommys Garments (India) Limited IPO:
Pommys Garments (India) Limited IPO are:
1. Repayment of certain borrowings availed by the company
2. Part Finance Working capital requirement
3. Meet General Corporate Purpose
4. Meet the expenses of the issue
Pommys Garments (India) Limited IPO Details:
|| ₹ 10 Per Equity Share
Discussion on Pommys Garments (India) Limited IPO: