The Company was incorporated on August 22, 2023, at Kolkata as a public limited company under the Companies Act, 2013, and was granted the certificate of incorporation by the ROC.
Major Events and Milestones: 2023 - Incorporation of the Company
2025 - Transfer of the Distribution Business from KIL pursuant to the Scheme
The Company focuses on delivering branded and affordable footwear in the mass footwear segment, targeting lower- and middle-income consumers across Tier I to Tier III cities. The company benefits from a vast network of distributors, supplying to multi-brand outlets nationwide. As of March 31, 2025, there were 781 distributors in operation. The product line features a variety of offerings, including EVA, basic and premium Hawaii, PVC, PVC DIP, PU, and Stuck On products. The distribution business employs a scalable model, incorporating both in-house and contract manufacturing, with 96% of products manufactured internally to ensure optimal control over quality, supply, and costs.
|