Raymond Ltd
NSE: RAYMOND BSE: 500330
₹398.25
(-1.25%)
Fri, 13 Feb 2026, 08:56 pm
Market Cap26.84B
PE Ratio0.48
Dividend0
Process Industries
Textiles
24.5KCompany History
1925
- Company incorporated on 10 September in Mumbai for woollen, worsted, hosiery yarns, knitting wool, steel files, cement.
- 30,000 shares issued to Managing Agents non-cash; 200 to Directors, 19,800 to friends for cash.
1950
- Raymond sets up factory at Thane for engineers' steel files.
1965
- Raymond constructs new factory building and erects most plant machinery.
1966
- Raymond installs remaining machinery and wool top dyeing machine.
1967
- Raymond Woollen Mills Kenya Ltd registered as subsidiary.
1968
- J.K. England Ltd appointed selling agents for woollen goods in UK.
1970
- Raymond undertakes sheep breeding and wool production R&D for Merino wool.
1973
- Raymond issues 5,04,000 bonus equity shares 1:3.
1978
- Raymond undertakes new woollen mill unit in Jalgaon.
- Raymond issues 20,16,000 bonus equity shares 1:1.
1980
- Raymond offers 1,20,000 12% secured debentures.
1981
- Raymond offers 6,00,000 equity shares at premium.
- Raymond issues 27,29,200 bonus equity shares 3:5.
- Raymond cancels and issues 25,000 5% preference shares.
1982
- Raymond decides to set up Wool Combing Division with Sir James Mill & Sons Ltd.
- Raymond discontinues sheep development project at Dhule after strike; hands flock to Maharashtra Sheep Development Corporation.
- Raymond issues 14,25,600 equity shares on conversion.
1984
- Raymond issues 4,80,000 13.5% convertible debentures for cement expansion.
1985
- Raymond issues 24,00,000 equity shares on debenture conversion.
- Raymond redeems 25,000 6.5% preference shares.
1986
- Raymond receives letter of intent for steel products in Ratnagiri.
- Raymond receives letter of intent for 15,000 tpa PFY in Allahabad.
- Raymond offers 8,00,000 15% NCDs as rights.
1987
- Raymond signs MoU with Toray Industries Japan.
- Raymond receives letter of intent for textile project in Balaghat.
- Raymond issues 10,00,000 14% NCDs on rights basis.
- Raymond privately places 2,50,000 14% NCDs with UTI.
- Raymond issues 1,12,36,800 bonus equity shares 1:1.
1988
- Raymond installs 28 new looms and expands combing capacity.
- PFY letter of intent transferred to Raymond Synthetics Ltd.
1989
- Raymond expands cement plant capacity to 18 lakh tpa.
- Raymond issues 4,00,000 14% NCDs to financial institutions.
- Raymond offers 89,89,440 12.5% convertible debentures.
1990
- Raymond sets up plant for files and twist drills at Pithampur.
- Raymond plans cement capacity expansion to 22 lakh tpa.
- Raymond applies for PTA production licence.
1993
- Raymond proposes silicon steel plant at Nasik with Allegheny Ludlum.
- Raymond issues 90,63,577 16% NCDs with warrants.
- Raymond issues US $63 million GDRs.
1994
- Company name changed to Raymond Limited.
1995
- Raymond introduces 'Dura-Guard' cement brand.
- Raymond promotes JV Raymond Calitri Denim Ltd with Calitri Denim Industries SPA, Italy.
- Nasik steel plant commissioned in September.
1996
- Strike at Chhindwara textile plant affects operations.
1997
- Strike at Chhindwara textile plant resolved in April.
- Raymond enters understanding with EBG for steel division JV.
1998
- Raymond signs MoU with EBG for steel division JV.
- Subsidiaries include J.K. Mumbai Ltd, Jaykayorg AG, Pashmina Holdings Ltd, J.K. Chemicals Ltd, J.K. Helene Curties Ltd, Raymond Woollen Mills Kenya Ltd.
1999
- EBG Gesellschaft forms 76:24 JV with Raymond steel division as EBG India Ltd.
2000
- Raymond launches 'Manzoni' premium shirts and ties brand.
- Raymond enters agreement to divest Cement Division to Lafarge India Ltd.
- Gautam Singhania appointed Chairman and Managing Director.
- Raymond sells steel unit to EBG India Pvt Ltd for Rs 412.26 cr, retaining 24% stake.
- Raymond amalgamates wholly owned subsidiary Raymond Calitri Denim.
2001
- Raymond acquires files division of HGI Industries for Rs 17.5 cr.
- Raymond commences buy-back offer at Rs 160 per share.
- JK Ansell JV expands business.
2002
- Raymond selects Leo Burnett, RK Swamy BBDO and Contract Advertising for Rs 45 cr account.
- Raymond acquires Steel Files Division of HGI Industries Ltd via Hindustan Files Ltd.
- Raymond executes MoU to acquire Color Plus Fashions Private Ltd.
2003
- Raymond raises Rs 25 cr through secured NCDs via book building.
- Raymond nominates R Narayanan as GM-Legal, Company Secretary and Compliance Officer.
- Akshay Singhania ceases to be Director.
2004
- Raymond sets up apparel subsidiary for export market.
2005
- Raymond signs JV agreement with Lanificio Fedora, Italy.
- Raymond signs JV agreement with MOB Outillage, France.
2006
- Raymond launches Chairman's Collection in South Indian market.
- Raymond signs 50:50 JV agreement with Grotto S.p.A., Italy for 'Gas' brand apparel.
2008
- Raymond appoints Thomas Fernandes as Company Secretary & Compliance Officer.
2009
- Raymond appoints H. Sunder as President-Finance & Chief Financial Officer.
2010
- Raymond buys finest Australian wool.
- Raymond launches first exclusive Made-To-Measure store at Palladium, Phoenix Mills.
2011
- Raymond net profit rises 24%.
2012
- Raymond auto components business acquires Trinity India.
- Board recommends 25% dividend.
2013
- Raymond ranked top in Textile and Garment 'Most Admired Companies in India'.
- Raymond Vapi plant wins second prize in National Energy Conservation Award.
- Raymond wins Most Respected Company award in textile and apparel sector.
2014
- Raymond 'Complete Man' TVC wins National Laadli Media & Advertising Award.
- Raymond launches online store.
- ColorPlus bags 'Most Admired Men's Apparel Store' award.
- Raymond launches 'I Love Wool' drive nationally.
- Scheme of amalgamation and arrangement of Trinity India Limited.
2015
- Raymond introduces international jacketing collection.
- Raymond launches lightweight linen line.
2016
- Raymond opens exclusive store in Chennai.
- Raymond introduces Technosmart collections.
- Raymond arm inks pact with Neel Metals Products to sell ROSE.
2017
- Raymond opens greenfield linen manufacturing facility.
- Raymond launches branded Khadi label with KVIC.
2018
- Raymond Limited acquires 26% equity stake in Shahane Solar Power Private Limited.
2019
- Raymond sets up new division for real estate foray.
- Raymond launches first ceremonial store in Mumbai.
- Raymond enters realty with 14 acres home project in Thane.
2020
- Raymond launches anti-viral range of fabrics for suiting and shirting.
2021
- Raymond incorporates new firm for real estate business.
2022
- Raymond Ltd collaborates with DDB Mudra group for campaign.
- Raymond to hand over 900 flats 2 years ahead of deadline.
- 100% placement by Raymond Tailoring Center in Kohima Nagaland.
2023
- Raymond Group to acquire business of Maini Precision Products Limited.
- Raymond Realty launches fourth project in Thane.
- Patel Engineering JV bags Rihand Micro Irrigation Project.
2024
- Raymond Realty bags second redevelopment project in Bandra East.
- Raymond Realty launches first project in Mumbai.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800