Pommys Garments (India) Limited IPO

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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:

Objective of

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:

Total Shares: 75,00,000
Face Value: ₹ 10 Per Equity Share
Listing At: NSE Emerge

Promoters And Management:

Promoters of Pommys Garments (India) Limited Company are: Mr. A. Inico Inbaraj, aged 45 years, is one of the promoters of our company. He holds a Bachelor degree in Mechanical Engineering from Madurai Kamaraj University. He along with Mr. K. Raja co-founded the garment business. He has 20 years of entrepreneurial experience in the garments industry. He is responsible for the overall strategic decision making of our Company and provides leadership to all operations. Mr. K. Raja, aged 43 years is also one of the promoters of the Company. He holds a Bachelor Degree in Arts & Law from the University of Madras. He hails from a Family of businessmen in the textile industry. He carried his private practice in Srivilliputhur Court till the year 1998. Subsequently, he co-founded the garments business in 1998 along with Mr. A. Inico Inbaraj, and they promoted our company in 2009. His primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, and acting as the main point of communication between the board of directors and corporate operations.

Financials of Pommys Garments (India) Limited IPO:

Particulars For the year/period ended (in Rs. Lacs)
30-Sep-2017 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 10,240.77 9,023.82 5,289.76 4,263.96 2,519.83
Total Revenue 12,619.51 15,474.20 12,552.89 8,420.83 5,777.85
Profit After Tax 211.02 96.42 58.91 61.25 29.11

Recommendation on Pommys Garments (India) Limited IPO:

Review and Recommendation of

Pommys Garments (India) Limited IPO

from our side is: Under Analysis. We'll update it soon here.

Lead Manager of Pommys Garments (India) Limited IPO:

  1. Keynote Corporate Services Limited

Registrar of Pommys Garments (India) Limited IPO:

  1. Cameo Corporate Services Limited

Company Address:

Pommys Garments (India) Limited 5/13 B, Pommys Nagar, Seithur Road, Dhalavaipuram, Virudhunagar District, Tamil Nadu - 626 188, India. Phone No. +91 (0) 4563-244615 E-mail: cs@pommys.in Website: www.pommys.in

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