Headquarters India | Founded 2008 | |
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Stock price MONTECARLO (NSE) ₹ 394.00 +14.65 (+3.86%)17 Mar, 3:30 PM IST - Disclaimer | ||
Listing ceremony of monte carlo fashions limited
Monte Carlo Fashions Limited is an apparel retailer and manufacturers of woolen and cotton garments for men, women and kids.
Contents
- Listing ceremony of monte carlo fashions limited
- Background
- Manufacturer Unit
- Retail
- Stock Market Launch
- References
Background
Monte Carlo Fashions, Limited is selling its apparel products under the brand name of Monte Carlo which was established in 1984 by Oswal Woollen Mills Limited and is owned by parent company Nahar Group based in Ludhiana, Punjab. Mr. Jawahar Lal Oswal is the chairman and managing director of the company.
Manufacturer Unit
The company has two manufacturers units in Ludhiana. There are over 1,450 employees.
Retail
In year 2006 there were 23 stores. In 2009, 100th store was opened in New Delhi. As of March 2014 there were 191 ‘Monte Carlo Exclusive Brand Outlets’ in India and two are in Dubai & Kathmandu respectively and over 1,300 multi brand outlets across India. Monte Carlo has been awarded the Superbrand status.
Stock Market Launch
In December 2014, Monte Carlo Fashion Limited launched IPO with price band of Rs 630 to Rs 645 per share.