Brands. 16. The company is present in 4 Indices. It is a part of the renowned Anna-Kitex group of companies, founded by the legendary Late Shri M. C. Jacob, Kitex Garments Ltd is the largest employer in private sector in the state of Kerala. Know the Company / Shop / Store. Address: Kizhakkambalam, Alwaye, City: Kerala, Kerala, Pin: 683562. Kitex offers an extensive collection of garments including traditional clothes - lungis and dhotis, innerwears, and kids' wears known for their comfort and long durability. KITEX, the global leader in the manufacturing and export of Infant Garments has crossed the magical figure of 1000 crore in total revenue. Kerala Industries Minister P Rajeev has said that neither the state government nor any of its departments on their own had initiated any enquiry into or inspection of Kitex Garments Ltd, which had . Kitex manufactures and exports infant garments and derives a majority of its revenues from export of garments to US and Europe. Kitex Garments Ltd | Products. On the BSE, 85582 shares were traded on the counter so far as against the average daily volumes of 40432 shares in the past one month. The company will now . At Kitex Garments Ltd., the management has been moving ahead by keeping the future in mind. The company's flagship product is lungi, which it sells under the Kitex brand. These are the brands of Kitex Garments Ltd. Little Star. In the initial stage, the Group started out as an aluminium products manufacturer in the year 1968. KITEX GARMENTS LIMITED Kochi, Kerala, India4 weeks agoBe among the first 25 applicantsSee who KITEX GARMENTS LIMITED has hired for this role. Kitex Garments, a Kerala-based infant garments major, has made inroads with US retail giants, including Walmart, Target and others, directly. The stock has added 12.63% in three consecutive sessions. Garments segment reported growth of % YoY; however, revenue growth was 7 negatively impacted by 10% decline in fabric revenue. Kitex Garments Limited Import Export Data - Import Export Company. The company specializes in knitted garments for infants, toddlers, boys and girls. KITEX GARMENTS LTD last-minute Real Value cannot be determined due to lack of data. Invest in Stacks (Expert curated portfolio using U.S. Stocks) Pre-configured baskets of stocks & ETFs that you can invest in with a single click. Diversify your portfolio by investing in Global brands. Preference will be given to those with knowledge on WMS (Warehouse . The Kitex Group, founded by late MC Jacob in the 60s, is the second-largest producer of children's apparel in the world. Candidate must possess at least Degree . The company is also the world's second-largest manufacturer of kids' apparel. 28455.2 -600.619999999999 (-2.06712458984121 %) ALLCAP S&P Bse Allcap. The stock was the biggest gainer in the BSE's 'A' group. You see everyone has to survive. KAPL is a subsidiary of Kitex Garments wherein 70 per cent of investment is made by the company and the remaining 30 per cent stake will be invested by Kitex Childrenswear being a member of the Group. A part of the renowned Anna-Kitex group of companies, founded by the legendary Late Shri M. C. Jacob, Kitex Garments Ltd is the largest employer in private sector in the state of Kerala. On the BSE, 64996 shares were traded on the counter so far as against the average daily volumes of 49363 shares in the past one month. The Kitex Group has agreed to a Phase-I investment of Rs 1,000 crore within a span of two years in the textile . New Delhi: Kerala-based Kitex Garments, the second-largest manufacturer of kids' garments in the world, has opted to move a Rs 3,500 crore project out of its home state. In the face of an impressive year-on-year post tax profit of around 13.7 per cent and rising birth rate in the US, Kerala based . The company in its plea in Supreme Court has questioned 'discrimination' in the policy that relaxes the gap for foreign workers and sportspersons. Kitex Garments Ltd manufactures cotton garments and fabrics. While until now Kitex was a one-trick pony of supplying garments to noted brands according to their designs, he has recently diversified into two more businesses - of exclusively supplying to a leading private label in USA on a licensing basis, and of having Kitex's own brand there. Anna-Kitex Group was founded by legendary Late Sri M. C. Jacob. For example, earlier we had the last row in Babies-R-Us stores, now Kitex-sourced products are placed in first 10 rows. Invest Now Proficient in Microsoft Office applications. The same brand/design (Kitex-sourced) sells out much faster. It is located near Kochi and has easy access to sea and air ports. 6693.52 . Kitex Garments had signed the Rs 3,500 investment project with the Kerala government in Kochi in January 2020 during the Ascend Global Investors Meet. We take the quality of the messages posted on forum as seriously as our articles. Sabu M. Jacob is an Indian businessman from Kerala.He is the managing director of Kitex Garments Limited. At Kitex, the management has been moving ahead by keeping the future in mind. For adult's garments, the sizes range from 3XS to 6XL. With a high brand equity in infant apparel manufacturing, the company is in the cusp of a transformation for meeting the emerging global demand for high quality infant apparel. It is located at Kizhakambalam a suburb town of Kochi. Kitex Garments Limited (KGL) was incorporated in 1992 and is managed by Mr. Sabu Jacob. Company's two brands will be sold through the network of these retailers networks and expects to clock $50 million over the next two years. Kitex Ltd., our leading-edge textile unit, kick-started in 1975, manufactures and exports a wide range of traditional wears - lungis and dhotis and cotton bed sheets.Kitex is a well- recognized brand in South India, and continue to cater to various fashion conscious markets all across the world, with the help of a well-maintained network that includes more than 2,500 authorized dealers . It also makes specialized value-added knitted underwear for adults. Welcome to Kitex Childrenswear Limited. The stock was the biggest gainer in the BSE's 'A' group. 8.29 AM Dec 17th. Kitex Garments Ltd reported 2QFY16 results, with a revenue of INR1.34b (est. However, last week, Jacob said in a statement that he was finding it difficult to run the company's existing industrial units in the state, alleging several raids by 40-50 officials each time . For children's garments, the sizes range from Preemie (Premature baby) to 6X (6 years). Kerala-based Kitex Garments, currently is the third largest infant garment brand across the globe, is making huge plans and expansion strategies to become the top spot by 2025, so if you make a rough estimation in turnover terms it would be around Rs 2,000 crore, as against Rs 650 crore at present. A part of Kitex's revenues are from sale of fabric to a related party (Kitex Childrenswear) which also manufactures infant garments. The company is a part of the larger AnnaKitex Group, which has diversified interests in aluminium vessels, home appliances, spice trading and textiles. The company is currently the second largest producer of children's apparel in the world, and is now in the . Kerala-based Kitex Garments, one of the leading global manufacturers of kids apparel, has entered Telangana with an initial investment of Rs 1,000 crore, state Industries and Commerce Minister KT . We have suppliers for all kinds of Bodywear including Sweaters, Sweatshirts, T-shirt, Woven Tops & Bottoms- Jeans, Pants, Jacket etc. The Telangana state has approved the expansion plan of Indian kids apparel maker Kitex Garments, the firm recently informed exchanges.It plans to invest ₹1,000 crore in the state and expects its . Kitex Garments Consolidated September 2021 Net Sales at Rs 178.09 crore, up 33.72% Y-o-Y Kitex Garments Standalone September 2021 Net Sales at Rs 178.09 crore, up 33.72% Y-o-Y There have been 11 . Based on Macroaxis valuation methodology, the firm cannot be evaluated at this time.Our model forecasts the value of KITEX GARMENTS LTD from inspecting the firm fundamentals such as profit margin of 12.98 %, and Return On Equity of 13.05 % as well as reviewing its . The company was established in 1992. In 1979, we started manufacturing garments under the brand name Kitex. BSE Sensex was trading 113.25 points or 0.22 per cent lower at 52,455.69 at the same time. Kitex Garments incorporated in 1992, it commenced its production in 1996, after setting up its world-class facility on a 105 acre landscape at Kochi. We take pride in the fact that we cater to leading global garment brands like Mother Care, Jockey, Wal-Mart, JCPenney, Sarah Lee, Gerber, and Fruit of the Loom. Buy Kitex 201 - 202 Todays Target : 215 - 223 SL : 190. Also, the labour department of the government of Kerala has withdrawn the show cause notices issued to the . He is the chief coordinator and mentor of Twenty20 Kizhakkambalam, a non-profit organization developed as a Total Responsibility Program to effectively contribute to the social and economic development of Kizhakkambalam Panchayath where the company operates the aim is to make . Kitex manufactures the products for companies such as Carters, Gerber, Mothercare, Jockey, Children's Place, Kohl's, and Toys R. Incorporated in 1985, Kitex manufactures grey cloth, textile products, garments, and bags. The group is engaged in the manufacture of diverse products like garments, textiles, school bags, travel bags, umbrellas, aluminum utensils, kitchen appliances, branded spices, curry powders and ready to eat food which is marketed in the famous brands of Kitex, Scooby-day, Anna aluminum, Chackson and Saras. Other major product lines from Kitex Ltd are Trawellday travel bags, Baby ScooBee kids' wear, and undergarments . Developed by hedge funds, global asset management companies, experienced wealth management firms and portfolio managers. 70 crore in Kitex Apparel Parks (KAPL) divided into 7 crore shares of Rs. CSR Policy; Apart from the suprise inspections, the Kerala labour department sent a show cause notice to Kitex Garments for not implementing the minimum wages recommendations of 2019. It is the part of Anna-Kitex group of companies and was established in 1992. Kitex Garments has subscribed shares worth of Rs 70 crore in Kitex Apparel Parks (KAPL) divided into 7 crore shares of Rs 10 each. Kitex to set up its facility in Telangana with Rs 1000 cr initial investment. Anna Kitex Group is an Indian conglomerate based in Kizhakkambalam, Ernakulam in Kerala, founded by M.C Jacob in 1968. Additionally, to Lamaze baby clothes, Kitex also has a second brand called Little star, launched in 2016 exclusively for Walmart. Kitex Garments Ltd is located in Alwaye, Ernakulam in Kerala India. Kitex Garments incorporated in 1992, it commenced its production in 1996, after setting up its world-class facility on a 105 acre landscape at Kochi. "The decision to scrap the project has been taken as I am fed up with the continuous harassment at the hands of the authorities. The counter was trading at 6 per cent higher at Rs 123.40 on Friday. 14. It is the part of Anna-Kitex group of companies and was established in 1992. The Kitex vision is to become the No.1 infant apparel manufacturer in the world. Since we are vertical, we control how our garments are made, where the materials are sourced, and the conditions for the workers who create these products. SMLCAP S&P Bse Small Cap. FREE Delivery by Amazon. Kitex USA LLC, a 50:50 joint venture between . In another and less fathomable leap, it is aiming to make disposable diapers in the U.S., taking . DFM Foods Ltd soared 9.06% to Rs 298.55. Kitex Garments has subscribed shares worth Rs. Jun '16. LUNGI- 100% Cotton men's Printed Executive Lungi (Mude) - Pack Of Five - Print and colour are assorted. Kitex Garments Limited PB# 5, Kizhakkambalam, Aluva, Kerala, India - 683 562 Tel: 0484 4142000 Fax: 91 484 2680604 E-mail: hr@kitexgarments.com Kitex Garments recently acquired an order from the multinational brand Jockey International, for the production of the innerwear brand 'Stay Cool.' Kitex is the first company at global level that has been given the contract for this product. Kitex Garments rose 7.19% to Rs 195.25, extending gains for the third day in a row. At Kitex, we're open about our supply chain and where all of our components come from. Kitex exports almost all the garments it produces, which it manufactures . Kitex Garments Ltd spiked 9.91% to Rs 190.8 at 11:51 IST. Kerala-based Kitex Garments Limited, India's leading apparel manufacturing company, has again raised concerns on the 84-day gap between both doses of vaccination. The Group's flagship company, Kitex Garments Limited, is reportedly the world's second largest infant clothing manufacturer. Kitex Garments company caters to…. Kitex is a well- recognized brand catering to the fashion-conscious markets all across the world by a network of more than 2,000 authorized dealers. Kitex Garments Ltd has incorporated a new subsidiary company under the name of Kitex Apparel Parks Limited (KAPL) to carry on the business of infant wear manufacturing and other allied activities. However, in July 2021, Sabu M Jacob, the managing director of Kitex Garments Limited, announced that his company was withdrawing the proposal. Furthermore, Kitex manufacture garments from other major brands, including Carter's and OshKosh B'gosh. 3.4 out of 5 stars. WFB Baird & Company - WFB Baird & Company is located in Cochin Special Economic Zone, Kerala. Subsequent to that, the Group had inter-alia . Every season Kitex-sourced garments sold out faster - which led to the upfront placement. Our vision is to become the No.1 infant apparel manufacturer in the world. In the initial stage, the Group started out as an aluminium products manufacturer in the year 1968. ₹315. Kitex Garments Limited: 1,084: Arvind Limited: 3,342: Cantabil Retail India Limited: 980: S. P. Apparels Limited: 1,083: Pearl Global Industries . The company also owns the Little Star brand and licenses the Lamaze brand for distribution in the United States and Canada. 53. GARMENTS. Subsequent to that, the Group had inter-alia . Updated: 21 Sep 2021, 10:31 . Kindly follow our Code of Conduct and refrain from posting any abusive, promotional or gibberish content on forum. Disclaimer : The views expressed in the forum are the views of the user . But in . Established in 1992 as a part of the Anna-Kitex group of companies, Kitex Garments, in 2014-15, reported a turnover of over Rs 524 crores. Apart from garments, the company also manufactures aluminium products, curry powders and school bags. In the process of launching its own infantwear brand "Little Star" in the US market by October next, the company also entered into a licence agreement in September 2015 through KITEX USA LLC with Lamaze International Inc., USA, for manufacture and supply of infant garments in the US and Canada. V I P Industries Ltd soared 6.00% to Rs 613.9. The latest price of KITEX GARMENTS LTD is 0.0. Kitex Garments company caters to prominent and renowned conglomerates in USA and Europe. It was primarily conceived with a domestic focus, intending to make the most of the strong brand power the group enjoyed in the state of Kerala. Kitex's new infant brand Little Star to launch in US. ₹1,875. Buyers have started to appreciate that. The company has entered into a license agreement with Lamaze International . "Normally grievances are sorted out through discussions. 10 each. He cited harassment from officials and interference . The stock exchange listed Kitex exports 90 per cent of its production to the US and the rest to Europe and is a leading supplier to brands and retailers like Walmart, Target, Amazon, Carter's . Anna-Kitex Group was founded by legendary Late Sri M. C. Jacob. ₹1,875. We believe our customers have a right to know. On the BSE, 64996 shares were traded on the counter so far as against the average daily volumes of 49363 shares in the past one month. Kerala's loss, Telangana's gain: Kitex Garments to invest ₹ 2,400 crore in two mega projects Premium Kitex Garments shares surged over 1% in early deals 1 min read. ₹315. Kitex Garments Limited PB# 5, Kizhakkambalam, Aluva, Kerala, India - 683 562 Tel: 0484 4142000 Fax: 91 484 2680604 E-mail: hr@kitexgarments.com On a year-to-date (YTD) basis, the stock has risen 68.46% while the benchmark Sensex has added 24.12% during the same period. Kitex Garments Ltd was awarded WRAP "A" Level certification shortly after inception and has now grown to become one of the top cotton textile manufacturers and suppliers in Kerala. Kitex Garments Ltd. Quarterly Results: Get the crucial details of Kitex Garments Ltd. Q1, Q2, Q3 and Q4 results, previous quarterly results, quarterly earnings comparison on BloombergQuint Kitex Garments, the world's second-largest manufacturer of kids apparel, announced the scrapping of the Rs 3,500 crore project, under which it planned to open an apparel park in Kochi and establish industry parks at Thiruvananthapuram, Kochi and Palakkad. On the technical front, the . INR1.55b), compared to INR1.28b in 2QFY15, marking a YoY growth of 4.7%. Lawyer and former Lok Sabha MP Sebastian Paul views the Kitex controversy as a bid at gaining media attention and brand-building. Kitex Garments Limited is a premier company that exports and imports goods from countries including United States Of America ,Japan and host of other countries. Kitex Garments manufactures cotton and organic cotton garments, especially infant wear, for exports, and is a major supplier to US and UK brands such as Gerber, Walmart, Carters, The Children's Place, Amazon, and Target, among others. The stock was the biggest gainer in the BSE's 'A' group. Apply on company website. Expansion plan - A snap shot; Company Secretary, Nodal officer (IEPF) & Grievances Redressal Division; R & ST Agent; FAQs; Facilities; CSR . Kitex has a concentrated customer base with its . Every garment is of 100% combed compact cotton, manufactured using cutting-edge German technology meeting the quality standards & customer demands. Shares of Kitex Government surged 13 per cent in the last couple of days. 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