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Kewal Kiran Clothing Limited - ICRA

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<strong>ICRA</strong> Equity Research Service<br />

<strong>Kewal</strong> <strong>Kiran</strong> <strong>Clothing</strong> <strong>Limited</strong><br />

COMPANY PROFILE<br />

<strong>Kewal</strong> <strong>Kiran</strong> <strong>Clothing</strong> <strong>Limited</strong> (KKCL) is a leading manufacturer and retailer of branded apparels and fashion-wear in<br />

India. KKCL has over two decades of experience in the domestic readymade garments industry with some leading<br />

brands like ‘Killer’, ‘Lawman Pg3’, ‘Integriti’, ‘Easies’ and ‘ADDICTIONS’.<br />

KKCL is an established player in the ‘Jeans’ segment through its flagship Killer brand, besides having a formidable<br />

presence in Trousers, Shirts, T-shirts & Jackets segments and an emerging presence in lifestyle accessories like shoes,<br />

belts, watches, bracelets, wallets, caps, bags, sunglasses and deodorants through the ADDICTIONS brand.<br />

KKCL markets its products through a chain of 223 ‘K-LOUNGE’ showrooms and exclusive brand outlets (EBOs) across<br />

the country. Besides, KKCL’s products are widely marketed at over 3,500 multi-brand outlets (MBOs) and national<br />

chain stores like Shoppers stop and Hypercity. KKCL’s designing, fabric washing, cutting, stitching and garment<br />

manufacturing facilities are mainly located at Dadar and Goregoan (Mumbai), Daman and Vapi in Western India.<br />

Exhibit 5: Company Factsheet<br />

Name of the Company<br />

<strong>Kewal</strong> <strong>Kiran</strong> <strong>Clothing</strong> <strong>Limited</strong> (KKCL)<br />

Year of Incorporation 1980<br />

Nature of Businesses<br />

Branded apparels manufacturing and retailing<br />

Products<br />

Jeans, Trousers, Shirts, T-shirts, Jackets and Lifestyle accessories<br />

Brands<br />

‘Killer’, ‘Lawman Pg3’, ‘Integriti’, ‘Easies’ and ‘ADDICTIONS’<br />

Company Stores<br />

125 K-Lounges, 48 Killer EBOs, 32 Integriti EBOs, 7 LawmanPg3-EBOs, 4 Addiction-EBO, 7 Factoy Outlet<br />

Distribution Network<br />

Over 3,500 Multi-brand outlets (MBOs) and National Chain stores (like Shoppers stop and Hypercity)<br />

Exports<br />

Middle East, Sri Lanka, Nepal and other countries<br />

Vendors<br />

Fabric manufacturers like Arvind Mills, Raymond, KG Denim, etc<br />

Manufacturing Capacity<br />

3.5 Million pieces per annum (could be stretched further depending on product mix)<br />

Manufacturing Locations Washing, cutting, stitching and garmenting facilities at Dadar and Goregaon (Mumbai), Daman and Vapi<br />

Board of Directors<br />

Mr. <strong>Kewal</strong>chand P. Jain<br />

Mr. Hemant P. Jain<br />

Mr. Dinesh P. Jain<br />

Mr. Vikas P. Jain<br />

Mr. Popatlal F. Sundesha<br />

Mr. Mrudul D. Inamdar<br />

Dr. Prakash A.Mody<br />

Mr. Nimish G. Pandya<br />

- Chairman & Managing Director<br />

- Executive Director<br />

- Executive Director<br />

- Executive Director<br />

- Independent Director<br />

- Independent Director<br />

- Independent Director<br />

- Independent Director<br />

Key Joint Ventures<br />

33% stake in White Knitwear Private Ltd in Surat SEZ<br />

Bankers<br />

Standard Chartered Bank<br />

Auditors<br />

M/s. Jain & Trivedi, M/s. N.A. Shah Associates<br />

IPO Details<br />

Rs. 80.6 crore raised in 2006, Issue of 31 lac shares at Rs. 260 per share, shares are listed on BSE and NSE<br />

Registered & Corporate Office <strong>Kewal</strong> <strong>Kiran</strong> Estate, Behind Tirupati Udyog, 460/7, I.B. Patel Road, Goregaon (East), Mumbai - 400 063<br />

Windmill<br />

0.6 MW Capacity at Survey No.1119/P, Village Kuchhadi, Taluka Porbunder, District Porbunder, Gujarat<br />

Source: Company, <strong>ICRA</strong> Online Research<br />

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