Sihora Industries Limited, originally incorporated as a private limited company on August 10, 2023, transitioned to a public limited entity on July 17, 2024. The company, based in Surat, Gujarat, is a prominent player in India's textile manufacturing sector, offering end-to-end production capabilities, including yarn processing, weaving, dyeing, digital printing, embroidery, and finishing. It acquired the running business of 'Sihora Narrow Fabrics,' a proprietorship of its promoter, Mr. Gautam Vallabhbhai Sihora, in October 2023.
The company specializes in manufacturing and selling woven fabrics, woven labels, fancy lace, zippers, and elastics, catering to diverse industries such as fashion, packaging, and other industrial sectors. Its products are currently sold in domestic markets. Sihora Industries’ strategic location in Mangrol, Surat, provides seamless access to transport networks, local suppliers, and a skilled workforce, enhancing its operational efficiency.
For the financial year ending March 2025, Sihora Industries reported an installed capacity of 7,86,240 meters for producing narrow woven fabrics, achieving a capacity utilization of 6,55,200 meters. The company demonstrates a focus on operational optimization to meet market demand.
Sihora Industries is set to enter the capital market with an Initial Public Offering (IPO) of 16,00,000 equity shares, each valued at Rs. 10. This IPO will likely support its growth initiatives and potentially improve its market position in India’s evolving textile sector.
