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Company Information

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BANG OVERSEAS LTD.

01 August 2025 | 12:00

Industry >> Textiles - Readymade Apparels

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ISIN No INE863I01016 BSE Code / NSE Code 532946 / BANG Book Value (Rs.) 62.65 Face Value 10.00
Bookclosure 27/09/2024 52Week High 96 EPS 0.00 P/E 0.00
Market Cap. 71.47 Cr. 52Week Low 43 P/BV / Div Yield (%) 0.84 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
We were incorporated in the year 1992 and are presently providing fashion fabrics and meeting ready to wear requirements of our customers in apparel, textile and retail segment. We started our business from trading in textile and since 1998, we are conceptualising and designing fashion fabrics and outsourcing the manufacturing process of the same from countries like Turkey, Portugal, Mauritius and other European Countries. In the same year, we launched our seasonal fabric collections in textile under the name Bodywaves marketed through our own distribution channel to different brands and retailers.We have ventured into ready-to-wear mens' segment in 2000 by outsourcing manufacturing processwith our experience in designing fabrics and in turn selling to various international brands. We launched ready-to-wearmens' garnments under our brand name Thomas Scott in 2002.We started our own first apparels manufacturing unit in Bangalore in the year 2005 in the name of Reunion Clothing Company with an installed capacity of 350,000 pieces per annum and in the year 2006 we started our second manufacturing unit in the name of Formal Clothing Company with an installed capacity of 360,000 pieces per annum.Our products are presently retailed through 155 point of sales comprises of our own retail outlets, Large format stores (LFS) like ShoppersStop, Pyramid, Globus, SAGA and Multi Brand Outlets (MBO) spread all over India We also cater tothe demand of various other apparel manufacturer and brands.

Year Key Events

1992 -Incorporated as a private limited company in the name of Bang Overseas Private Limited.

1995 -Exports of garments.

1998 -Implementation of Textile designing facilities

2000 -Started the Garment outsourcing Business.

2002 -Implementation of Textile and Garment designing facilities using Computer Aided Design and Computer Aided Monitoring. -Lanuched our men's wear brand in the name of Thomas Scott

2005 -Establishment of garment manufacturing facility in Bangalore under the name of Reunion Clothing Company. -Conversion from private limited company to public limited company

2006 -Establishment of second Garment manufacturing facility in Bangalore under the name of Formal Clothing Company. -Implementation of ERP system. -Launchof Company's own retail outlets

2009 -Bang Overseas got its shares listed in the stock exchange in the list of 'B1' Group Securities. -Bang Overseas has entered into 50:50 Joint Venture Agreement with M/s. Aquarelle International Ltd, Mauritius.

2012 -Bang Overseas has acquired M/s. A. S. Raiment Private Limited.

2018

-The company has informed that , it has entered into an MOU with the buyer for sale of land bearing municipal no.82 , Situated at EPIP Industrial Estate, formed out of survey number 150, of Village , 1st Stage , white Field, K R Puram, Hubli , Bangalore , measuring to an extent of 4781 Sqm.'.