Support and Resistance Levels
Past performance
About Veekayem Fashion & Apparels Ltd Veekayem Fashion & Apparels Limited, initially established as Veekayem Textile Mills Private Limited in 1985, is a public company engaged in weaving and garment manufacturing, alongside branding and retailing of apparels. The company, promoted by Krishankant Gupta, Vijaykumar Gupta, and Madanlal Gupta, operates a manufacturing facility in Umargaon, Gujarat, equipped to produce 500,000 meters of fabric and 150,000 pieces of readymade garments monthly. Their product range spans textiles, including various cotton blends and suiting fabrics, and garments such as formal shirts, trousers, and casual wear for men and women.
The company's manufacturing plant boasts automated machinery and an advanced quality control department, ensuring high-quality standards for both raw materials and finished products. In July 2022, Veekayem expanded its capital through an IPO, raising Rs. 4.43 Crore by issuing 15,84,000 fresh equity shares. This strategic move underscores its commitment to growth and maintaining competitive pricing in the apparel industry.