Meenakshi India Limited successfully listed its equity shares on the Main Board of Bombay Stock Exchange (BSE) effective July 22, 2026. The company remains listed on The Calcutta Stock Exchange Limited.
The listing involved 1.125 crore equity shares with a face value of ₹10 each. The stock debuted at ₹281.99 per share.
Growth Strategy and Financial Targets
The company plans to invest approximately ₹40 crore towards expanding its manufacturing infrastructure. This investment aims to increase annual production capacity from the current 18 lakh garments to nearly 35 lakh garments by FY30.
Backed by these investments and operational excellence, the company targets revenue in the range of ₹450-500 crore by FY30.
Management Commentary
Mr. Ashutosh Goenka, Chairman & Managing Director, cited favorable industry conditions including global demand recovery and improved market access from trade agreements. Specifically mentioned were the operational India-UK FTA, signed and soon-to-be-operational India-EU FTA, and ongoing discussions around a bilateral trade agreement with US.
Mr. Shubhang Goenka, Whole-Time Director, stated that the BSE Main Board listing enhances the company's visibility in capital markets and reinforces commitment to highest standards of governance, transparency, and disciplined execution.
Company Background
Established in 1982, Meenakshi India Limited is based in Tamil Nadu and provides end-to-end garment manufacturing solutions, specializing in premium bottom wear and outerwear for international brands. The company has over four decades of industry experience.