₹ 1,638.90 +107.60 (7.03%)
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Overview
- BSE Code 532808
- NSE Symbol PGIL
- ISIN Demat INE940H01022
- Book Value (₹) 122.20
- Face Value (₹) 5.00
- Market Cap (₹ Cr.) 7,191.23
- P/E (TTM) 161.15
- EPS (TTM) 9.71
- Div Yield (%) 0.73
Performance
Corporate Actions
Pearl Global Industries Limited - Updates
Apr 24, 2025Pearl Global Industries Limited has informed the Exchange regarding Change in Contact Details of MUFG Intime India Private Limited, Registrar and Share Transfer Agent of The Company.
About Pearl Global Industries Ltd
House of Pearl Fashions Ltd is a multinational, ready to wear apparel manufacturing conglomerate. The company is operating in three distinct business streams namely manufacturing, marketing and Distribution and souring of garments. They also provide supply chain solutions for the fashion industry globally along with warehousing & distribution networks in the UK & US. The company conducts their business through their subsidiaries in India as well as overseas. They are having 15 subsidiaries that operate in India, US, UK, Hong Kong, Indonesia and Bangladesh.
The company product making available includes various kinds of knits, woven sweaters and bottoms in the men, women and kids wear categories. They are servicing 82 retailers across the globe with a healthy spread between USA, Latin America & Europe. Some leading customers include GAP, JC Penney, Banana Republic, ASDA-Wal-Mart, Kohl's, Esprit, Next to name a few.
The company has marketing and distribution offices in UK, US and Hong Kong. These offices oversee the marketing and merchandizing teams across Canada, Europe, Hong Kong, UK and US. The company has successfully engineered their own brands, DCC and Kool Hearts in US. They also own warehousing and processing units in UK and US with a combined capability to handle two million garments per month. These warehouses have processing facilities and local distribution infrastructure. Also, the company has fabric development centres in China and India as well as design and product development teams in India, UK, US and Hong Kong.
House of Pearl Fashions Ltd was formally created and deployed as a legal entity as a private limited company under the name Minia Estates Pvt Ltd on July 5, 1989. The name of the company was changed to House of Pearl Fashions Pvt Ltd on May 9, 2006. The company became a public limited company of June 28, 2006. In June 1988, the company created and deployed their international presence by incorporating Norwest Industries Ltd in Hong Kong which is engaged in the trading of garments. In the year, they created and deployed a sourcing office in China in the same year.
In October 20036, Pacific Logistics was formally created and deployed as a legal entity in UK which is engaged in the business of logistics and warehousing. In May 2004, Nor Pearl and Norp Knit were incorporated as the subsidiaries in Bangladesh which are engaged in the manufacture of knit garments for export. In the year 2005, they created and deployed a sourcing office in Bangladesh. In March 2006, Global Textiles Group was formally created and deployed as a legal entity in Mauritius. In July 2006, House of Pearl Fashions US Ltd was formally created and deployed as a legal entity in USA which is engaged in trading of garments.
During the year 2006-07, Pearl Global Ltd, the subsidiary company created and deployed a new state-of-the-art bottom manufacturing facility in MEPZ Chennai and executed a strategic acquisition of an existing knits & woven facility in Gurgaon with a capacity of 3 million pieces each per annum. The company also executed a strategic acquisition of a new warehouse in Milton Keynes, UK.
During the year 2007-08, the company executed a strategic acquisition of 50% stake in the UK based marketing company, FX Import Ltd through their UK subsidiary Poeticgem Ltd to penetrate high fashion mid segment apparel retailers. They also created and deployed a subsidiary in Hong Kong, Zamira Fashion Ltd to target high end fashion retailers in Europe, especially in the French market. The company won the best Corporate Social Responsibility award from JC penny, one of their main customers during the year.
In January 2008, the company signed a Memorandum of Understanding (MOU) to acquire 75% stake in the Hong Kong-based marketing company, Simple Approach Ltd inorder to expand their customer base into high fashion mid market segment. In August 2008, LERROS Fashions India Pvt Ltd, a Joint Venture with LERROS Moden Gmbh, Germany, formally introduced their first store in India.
Founded | : 1989 |
Chairman | : Deepak Seth |
Managing Director | : PALLAB BANERJEE |
Address | : A-3 Community Centre Phase II, Naraina Industrial Area, New Delhi, New Delhi, 110028, |
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- Latest 6 month Bank Statement (Only for Derivatives Trading)