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Home > Business India > Company Profiles: White House Cotton Industries Ltd.

White House Cotton Industries Ltd.
Registered Office : No. 1096 E V R Periyar Road Periamet Chennai (Madras) Tamil Nadu - 600003 Tel: 25387555 25387556 25387557 253
Business Group: Not Applicable Industry Type: Textiles - Spinning - Cotton Blended
Key Officials:
Mr. D P Venkataraman
Mr. V Jegannathan
Mr. V Devaraj
Mr. K Venkitasamy
Mr. K Narayana Swamy
Mr. R Radhakrishnan
Mr. R Karthik
Mr. S P Muthuraman
Director
Chairman and Managing director
Executive Director
Director
Director
Director
Director
Director
Public Issue Date: 17/04/1995 BSE CODE: 530667 NSE CODE: Not Available
Face Value: 10 Market Lot: 100 ISIN: INE836E01011
Current PE: 0 Current Market Capital: 7.275
Promoters %: 71.0307
Promoters Shares: 10654600
Institution Investment %: 0.19
Institution Investment Shares: 28500
Auditor:
Banker:
Registrar:
Company History: White House Cotton Industries Limited (WHCIL) was promoted by Shri.Abdul Bari Shri. Mohammed Elyas and Shri. Mohammed Mukthar the promoters of White House (WH) and White House Process Pvt. Limited (WHPPL) well known Madras based companies which are established names in the field of processing of knitted fabric. WHCIL was originallyincorporated as a Private Limited Company on October 27 1989 under the name of White House Cotton Industries Private Ltd. It was converted into a Public Limited Company on July 29 1994 and the name was changed to the present one.

First venture of the Promoters:

White House a partnership firm established in 1961 is engaged in the manufacture trading and export of knitted and woven fabrics garments and silk fabrics. It has facilities with state-of-the-art technology to manufacture 15 lakh pieces of garments per annum. The unit caters tothe top strata of the export market in France Singapore Malaysia Germany Saudi Arabia and Sri Lanka. It has been enjoying the status of Government recognised Export House for the last 12 years. Apparel Export Promotion Council (AEPC) has adjudged White House as one of the top hundred exporters in the country. White House has also bagged the'Outstanding Export Performance' award from the Indian Silk Export Promotion Council for its excellent export performance.

White House also acts as a selling agent in India for a number of foreign suppliers of Knitting and Knitwear processing machinery fike Dyeing & Finishing Machine of Dilmenler Turkey Knitting Machine of Cingillar Turkey Calender/Compactor Machines of Ferraro Italy Slitting Machine of Corino Italy and Process Control Equipment of Eliar Turkey.

White House Process Private Limited incorporated in 1992 has set up a modern knitted fabric process house with imported dyeing and finishing equipment from Germany and Switzerland with an installed capacity of 3.5 tpd. WHPPL is one of the modern knitted fabric process houses in thecountry with the latest technology in bleaching dyeing printing and shrinkage range controls.

The company has set up a spinning unit of capacity of 12 096 spindles for manufacture of 30s combed cotton hosiery yarn. The unit caters partly the requirements of White House (40% of production) and thebalance (60% of production) is exported. This provides the group with the twin advantage of a backward integration as well as taking full advantage of the business contacts (particularly in the export market) developed over the years for the related/allied activity.

The plant set up at Kolambakkam Village Maduranthakam Taluk. Chengai MGR District Tamilnadu.

1996-97:Full commercial operations commenced on 22-8-1996. The quality of the product has been well accepted in the overseas market such as Hongkong Singapore Korea & Malaysia.

(Source: RTGSL)


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