Osiajee Texfab Ltd, established as Osiajee Housing Finance Limited in February 1995, is now focused on the textile industry, primarily trading in fabrics for manufacturing houses. Originally aimed at property development and consultancy services in Gujarat, the company shifted its focus to textile trading due to the region's prominence in the industry. This strategic pivot led to a name change to Osiajee Texfab Limited in May 2015, reflecting its new business direction. Located in a key textile hub, the company benefits from its geographic positioning to cater to fabric demands. To support its initial projects, Osiajee Texfab raised capital through a public issue of 3.6 million equity shares in August 1996, totaling Rs 3.60 crores. The company's evolution from real estate to textiles highlights its adaptability and commitment to leveraging regional strengths for business growth.
