Sihora Industries Ltd. IPO

Our Company, Sihora Industries Limited, was incorporated on August 10, 2023, as a private limited company and was converted into a public limited company on July 17, 2024. Our Company was founded by Mr. Gautam Vallabhbhai Sihora and Mrs. Priyal Gautamkumar Sihora to take over the business of ... ‘Sihora Narrow Fabrics’. Based in Surat, Gujarat, our Company is engaged in the manufacturing and sale of narrow woven fabrics and industrial textiles such as laces, tapes, elastics, zippers and ribbons. Our manufacturing unit operates on promoter-owned infrastructure and is equipped with modern machinery, with further automation planned through the Issue proceeds. Read more

Our Company was originally incorporated as “Sihora Industries Private Limited” as a private limited company under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated August 10, 2023, issued by Registrar of Companies, Central Registration Centre also to ... takeover the running business of Sihora Narrow Fabrics the proprietory firm of the promoter Mr. Gautam Vallabhbhai Sihora. Sihora Narrow Fabrics was taken over along with all its assets and liabilities on 17.10.2023. Thereafter, our Company was converted from a private limited company to public limited company pursuant to special resolution passed in the Extra-Ordinary General Meeting of the company dated June 12, 2024 and consequently, the name of our Company was changed from “Sihora Industries Private Limited” to “Sihora Industries Limited” and a fresh certificate of incorporation dated July 17, 2024 was issued to our Company by the Registrar of Companies, Ahmedabad. The Corporate Identification Number of our Company is U13999GJ2023PLC143747.

India’s textile industry is one of the oldest and most diverse sectors, ranging from hand-woven crafts to advanced mills. Its strength lies in a robust base of natural and synthetic fibres. The decentralised power loom, hosiery, and knitting segments form a major share of the industry. ... India is the world’s 3rd largest exporter of textiles and apparel, with exports expected to reach US$ 100 billion. The sector contributes 2.3% to GDP and 12% to exports. By 2030, the domestic market is projected to reach US$ 350 billion, while the global market is set to grow significantly across categories. Read more