pocketful logo light
pocketful logo light
Indo Count Industries Ltd logo

Indo Count Industries Ltd

NSE: ICIL BSE: 521016

₹448.90

(2.92%)

Mon, 28 Sept 2026, 03:33 pm

mtf coin illustrationMTF 5x

Company 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.