Indo Count Industries Ltd. is a specialised end-to-end bedding provider in India. Its product range includes superior quality bed sheets, comforters, quilts, skirts, duvet covers, pillows, shams, and mattress pads. It was founded in 1988 with its headquarters in Mumbai. For FY 2021-2022, Indo Count Industries Ltd. recorded a total revenue of Rs 2,982 crore, up 16.63% from the previous financial year. The company’s market capitalisation on 5 August 2022 stood at Rs 2854 crore.
The company is listed on the Bombay Stock Exchange with the code 521016 and on the National Stock Exchange with the code ICIL.
Indo Count Industries Ltd. has expanded to 49 markets. Indo Count Global services North America from its headquarters in New York. Indo Count UK services Europe, and Indo Count Australia manages operations in the Oceania countries and the Far East. The company claims to use the highest quality threads, weaving practices, and finishing processes that produce bedding that looks inviting and feels soft, wash after wash.
The company has two registered patents - True Grip® and Infinity™. Its top management comprises Mr Anil Kumar Jain, Mr Sushil Kumar Jiwarajka, Mr Siddharth Mehta, Mr Dilip J Thakkar, Mr Mohit Anil Kumar Jain, Dr Sanjay Kumar Panda, Mr Kamal Mitra, Dr (Mrs) Vaijayanti Pandit, Mr Prem Malik, and Mr Kailash R Lalpuria, among otheRs The auditors are Suresh Kumar Mittal & Co.
As on 30 June 2022, the company’s shareholding pattern indicated a promoter stake of 58.94%, foreign institutional investor stake of 9.28%, domestic institutional investor stake of 0.09%, and public stake of 31.68%. Sandridge Investments Ltd. is the leading promoter with a 31.4% stake.
Indo Count Industries Ltd.’s share price on BSE closed at Rs 145.10 on 5 August 2022. Its share price on NSE closed at Rs 144.60. The 52-week high for Indo Count Industries Ltd.’s share price was Rs 315, and the 52-week low for the company’s share price was Rs 119.55.
On 31 May 2022, Motilal Oswal Nifty Smallcap 250 Index Fund, Nippon India Nifty Smallcap 250 Index Fund, and ICICI Prudential Nifty Smallcap 250 Index Fund held a 0.16% stake each in Indo Count Industries Ltd.
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