Gillette India Ltd
NSE: GILLETTE BSE: 507815
₹7034.50
+24.00 (0.34%)
Fri, 23 Oct 2026, 04:58 am
Market Cap (in Cr)22878.24
PE Ratio34.31
Dividend2.56
Consumer Non-Durables
Household/Personal Care
24.5KGillette India Ltd Company History
1984
- The Company was Incorporated on 9th February, at Rajasthan.
- The Company was jointly promoted by House of Poddar Enterprises and Gillette Company, U.S.A.
- Gillette entered into a foreign collaboration agreement with HOPE for setting up of a company for the manufacture of stainless steel razor blades.
1985
- 70 Shares were subscribed for by the signatories to the Memorandum of Association.
- 49,99,930 shares were issued at par.
- 12,24,930 shares were reserved and allotted to HOPE and 12,00,000 shares to Gillette Company, U.S.A.
1986
- The Company undertook to set up a plant for the manufacture of 200 million stainless steel razor blades per annum.
- The Company manufactured two types of blades, the premium 7 O'Clock Ejtek Super Platium and the stainless brand 7 O'Clock Ejtek Super Stainless.
- The Company took over Sharpedge Ltd., by acquiring the entire share capital of that company.
1987
- The Company proposed to launch a new razor blade.
- The Company introduced new twin blade shaving system called 7 O'Clock Ejtek P II with platinum enriched edges.
- The Company offered 18,28,476 No. of Equity shares of Rs 10 each for cash at par.
1989
- The Company diversified into shaving preparations and launched the premium quality 7 O'Clock Ejtek shaving brush.
- 12,02,685 shares were taken up by the shareholders.
- The Controller of Capital gave permission to allot 12,41,800 No. of Equity shares of Rs 10 each for cash at par to Gillette Co., U.S.A.
1990
- The Company undertook to expand substantially its production capacity of 7 O'Clock Ejtek P II, the twin blade shaving system.
- The Company launched two new products namely 7 O'Clock Ejtek P II shaving system with a metal spine and a shave cream in three variants.
1991
- The improved performance was attributed to the rehabilitation-cum-amalgamation Scheme approved by BIFR for amalgamation of Sharpedge Ltd., with the Company.
- 19,31,800 No. of equity shares of Rs 10 each at a premium of Rs 110 per shares were allotted.
- 7,00,000 No. of Equity shares were allotted at par to foreign promoters.
- Sabre Pens Ltd., Sheen Dental Products Ltd., Klosershav Products Ltd., and Vanity Cosmetic Ltd., became wholly owned subsidiaries of the Company.
1992
- The Company offered 10,55,600 secured zero interest fully convertible debentures of Rs 120 each for cash at par on rights basis.
- The Company allotted 11,65,185 shares after conversion of debentures.
1993
- The Company commenced the launch of Gillette Shaving products in India with the launch of Gillette Presto Readyshaver.
1995
- The Company launched another Readyshaver under the Brand name of 7 O'Clock Ready II.
- The Company launched tooth brushes under the well known international brand name Oral-B.
1996
- The Company successfully launched 'Gillette Sensor & Sensor Excell' shaving systems.
- The company launched 'Gillette Shave Foam'.
- The company introduced 'Gillette Aerosol' shaving cream.
1997
- Indian Shaving Products Ltd and Duracell India Pvt Ltd merged their respective Ltd and marketing networks.
- Indian Shaving Products Ltd will distribute the Duracell range of batteries through its own sales and distribution network.
- Gillette is working on a strategy to hike its equity stake in Indian Shaving Products Limited (ISPL) from 51 per cent to 74 per cent.
1998
- The company entered the ladies personal care segment with the launch of the Gillette Sensor Excel for women.
1999
- The company diversified its portfolio to increase its male personal products coverage.
- The company introduced the Sensor Excel for women.
- Indian Shaving Products Ltd tied up with Rediff-on-the-Net e-commerce to market its product.
- Indian Shaving Products Ltd undertook a major capacity expansion plan.
- The company launched the Gillette 'Mach-III', the three-blade razor.
2000
- The Company approved the amalgamation of Duracell (India) Pvt. Ltd. and Wilkinson Sword India Ltd. with the company.
2001
- The Company launched the Arctic Ince collection in India.
2002
- Gillette India informed that the resolution regarding sale of Duracell Manesar Plant was passed.
- Gillette India shut down its alkaline battery manufacturing plant Duracell India at Manesar.
- Gillette USA applied to the Secretariat for Industrial Assistance/Foreign Investment Promotion Board to infuse capital grant.
- Gillette Company invested $20 million in its Indian subsidiary, Gillette India.
- Gillette India declared two mega promotions - Duracell cup of Joy and win Rs.5 cr.
- Gillette India conducted a raid and identified fake toiletries worth Rs.3 lakh.
- Gillette India entered into an agreement with Thanawala Group for sale of its Geep battery business.
2003
- Gillette India rearranged its complete range of shaving products.
- Gillette India awarded its creative account to Ogilvy and Mather.
- Gillette identified the double edged blade segment as its growth market driver.
- Gillette India repositioned its flagship blade brand.
- Gillette India delisted its equity shares from Delhi, Jaipur and Kolkata Stock Exchanges.
2004
- Gillette India Limited delisted its equity shares from the Delhi Stock Exchange.
- Gillette India launched a battery-powered toothbrush, 'Cross Action Power'.
- Gillette India launched a new generation triple blade shaving system Mach3Turbo.
- Gillette India delisted its equity shares from the Calcutta Stock Exchange (CSE).
- Gillette India roped in Beckham to promote its products.
2005
- The Gillette Company, USA was acquired worldwide through merger by Procter& Gamble Company, USA.
- Gillette India introduced a new shaving system 'Mach 3 Turbo Champion'.
- P&G acquired Gillette India in a $57 billion deal.
2006
- GIL moved its office base to Mumbai.
- The trading symbol of Gillette India Limited was changed from INDSHAVING to GILLETTE.
2007
- The Company launched Gillette Presto Plus.
- Oral B brand launched Oral B Vision and Kid in Premium Market Segment.
2008
- The Company launched The Gillette Winners program.
- The Company organized an innovative program 'Free Dental Check up'.
- Oral-B brand launched a new variant 'Shiny Clean' targeted at the value segment.
2009
- Mr. Anil Kumar Gupta was appointed as an Additional Director of the Company.
2011
- Mr. Deepak Acharya resigned as Company Secretary and Compliance Officer.
2012
- There was a change in Director at Gillette India Ltd.
2013
- Gillette recommended a dividend of Rs. 15 per Equity Share.
2014
- Gillette recommended a dividend of Rs. 15/- per Equity Share.
- Gillette India Ltd delivered sustained momentum.
2015
- The registered office of the Company was changed to Andheri (E), Mumbai - 400 099.
