Indo Count Industries Ltd
NSE: ICIL BSE: 521016
₹265.67
(-2.16%)
Wed, 11 Mar 2026, 04:05 am
Market Cap52.62B
PE Ratio46.79
Dividend0.75
Process Industries
Textiles
24.5KCompany History
1988
- The Company was originally incorporated on 7th November, as a public limited company in the name of Vishnu Aluminium Ltd.
1990
- 70 shares subscribed for by Signatories to the Memorandum of Association.
- 115,59,930 No. of equity shares then issued at par.
- A Fresh Certificate of Incorporation has been issued on 20th April, 1990.
- The Company changed its name to Indo Count Industries Ltd.
- The balance 37,82,000 shares were offered to the public in November 1990.
1992
- The Company implemented a project of 26,208 spindles at Kolhapur and 1884 tonnes of cotton yarn of different counts were produced.
- The Company entered into an agreement with Rieter to use their logo Rieter Yarn for the Company's product.
- The Company undertook to install additional 6048 spindles and balancing equipments to increase the total capacity of 32,256 spindles.
- The Company offered 34,20,000 No. of equity shares of Rs. 10 each at par on Rights basis in the proportion 26:100.
- The Company offered 1,71,000 shares to the employees' under the Employees' Stock Option Scheme.
1993
- 1,04,000 No. of equity shares were allotted.
1994
- The Company undertook further expansion of capacity by installing 18,144 spindles and diversify into grey knitted fabrics by installing 8 knitting machines and also D.G. Sets for captive generation of power.
2003
- Fire at Indo Count Industries Kolhapur unit
2004
- Delist from the Ahmedabad Stock Exchange w e f October 15, 2004.
2008
- Indo Count Industries Ltd has informed that Mr. C P Ravindranath, a nominee of EXIM Bank and Mr. Kamal Mitra have appointed as Directors of the Company.
2009
- Indo Count Industries Ltd has appointed Mr. R.G Kelkar as the Nominee Director of Union Bank of India, on the Board of our Company with effect from September 30, 2009.
- Registered Office of the Company has been shifted from 1, Gokul Shirgaon, MIDC Industrial Area, Kolhapur - 416 234. To Village Alte, Taluka Hatkanangale, Dist. Kolhapur - 416 109.
2010
- The Company has received Silver Trophy award for Cotton Made-Ups.
- The Company has received Bronze Trophy award for Bed Linen.
2011
- The Company has been awarded Bronze Trophy by TEXPROCIL for Highest export in Bed Linen.
2012
- The Company has been awarded Gold Trophy for Special Achievement in Made Ups Category.
2013
- Indo Count Industries Ltd. achieved sales of Rs. 1,000 crores in a financial year.
- Indo Count Industries Ltd has appointed Dr. Vaijayanti A. Pandit as an additional director of the Company with effect from November 25, 2013.
- The Company has awarded the Company with Bronze Trophy for the Third Highest Exports of Bed Linen/Bed Sheets/Quilts in Madeups for its outstanding performance for the financial year 2012-13
- Trophy for Asia Pacific international Award
2014
- The Company has won the BRONZE TROPHY- For the 3rd Highest Exports of Made-ups in Bed Linen/ Bed Sheets/ Quilts under the category III for the year 2013-14.
- The Company has won the GOLD TROPHY- For Special Achievement Award in Made-ups from The Cotton Textiles Export Promotion Council of India (Texprocil) for the year 2013-14
- The Company has been ranked 29th in the Textile & Garments Industry in India and 454th among the listed companies in India.
2015
- Indo Count Inds. - Export Excellence Award
- Indo Count Inds. - Grant of Silver Trophy
2016
- Indo Count Industries launches 3 New Brands in US Market.
- Indo Count Ind gets gold seal from Cotton Egypt Association for being a key supplier to global retailers for Egyptian cotton sheets.
- Launch of Domestic Home Textile Brand BOUTIQUE LIVING
2017
- CARE upgrades ratings of Indo Count Industries.
- Indo Count Industries bags award for export performance.
2020
- New home textiles brand from the house of Indo Count launched - TECOYA TREND.
- The Economic Times - Indo count launches value driven Home Textiles Brand Layers.
- Indo Count Industries wins two TEXPROCIL Gold Trophies for 2019-20
2021
- Indo Count buys GHCL's home textiles business, IP, inventory for Rs 576 cr.
- Indo Count Industries Ltd announces their resilient growth with strong margins for the Q1 FY- 2021-22.
- Indo Count Industries partners with British designer Jasper Conran.
- Indo Count executive receives The Economic Times Business Leader Award 2021
- Indo Count investing over $27.6 million in expansion.
2022
- NCLT has Approved Scheme of Amalgamation of Pranavaditya Spinning Mills Limited with Indo Count Industries Limited.
2023
- Indo Count completes the Acquisition of the Home Textile Business of GHCL Limited and becomes the largest Global Home Textile Bedding Manufacturer.
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