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Home > Business India > Company Profiles: Liberty Shoes Ltd.

Liberty Shoes Ltd.
Registered Office & Factory : Humantech Centre - I Liberty Puram 13th Mile Stone Kutail G T Karnal Road Karnal Dist. Haryana - 132114 Tel: 251101 251102 251103
Business Group: Liberty Group Industry Type: Leather/Synthetic - Footwear
Key Officials:
Mr. Adesh Gupta
Mr. Surendra Kumar Arya
Mr. Satish Kumar Goel
Mr. Amitabh Taneja
Mr. Sunil Bansal
Mr. Shammi Bansal
Mr. Siddharth Sanghi
Mr. Adarsh Gupta
Mr. Prem Chand Garg
Mr. Raghu Dayal
Mr. Vivek Bansal
Executive Director & CEO
Independent Director
Director
Independent Director
Director
Executive Director
Independent Director
Executive Director
Independent Director
Independent Director
Independent Director
Public Issue Date: 09/08/1994 BSE CODE: 526596 NSE CODE: LIBERTSHOEEQ
Face Value: 10 Market Lot: 1 ISIN: INE557B01019
Current PE: 4.3157 Current Market Capital: 69.2676
Promoters %: 61.9358
Promoters Shares: 10553868
Institution Investment %: 3.5845
Institution Investment Shares: 610800
Auditor:
Pradeep Tayal & Co.
Banker:
Registrar:
Intime Spectrum Registry Ltd. A-40 2nd Floor Naraina Industrial Area Phase-II Near Batra Banquet Hall New Delhi 110028 Delhi 41410592 41410594
Company History: HISTORY OF THE COMPANY

The company was incorporated on the 3rd Septtember 1986 as a Public Limited Company and obtained the Certificate of Commencement of Business on 11th March 1988. The company has been set up to manufacture and sell leather and non leather shoes leather shoe uppers and leather garmentsPresently the company is engaged in the manufacturing of leather and non leather shoes.

It has also set up a joint venture in Russia to manufacture shoes in 1991 under the name of M/S Liberty &Go with M/S Gorky Production & shoes Unit Gorky. The Company is marketing its product nationally and internationally under the brand name "LIBERTY" and is well established in the national and international market. The company has entered into an agreement with one of the group firms M/S Liberty Enterprises for using the established brand name "LIBERTY".

The company has commenced its commercial production for non leather shoes on 25th December 1993.Intially one direct injection soiling machine was installed with a capacity of 240000 pairs per annum on single shift basis .The second direct injection soiling machine was installed in March 94.From the commencement of commercial production till 31st March 1994 the company has been operating on full capacity.As the promoters ar in this line for the last five decades the company is confident of maintaining this level of operations in the future.The company has been promoted by P.D.Gupta and R.K.Bansal and belongs to the LIBERTY Group .Liberty Group has completed Five decades of its existence in the shoe industry in 1994.

2000 - The Company is to enter into an agreement for sale/purchase of goods and/or taking on franchise basis the production on franchise basis the production facilities and/or acquire movable and immovable property including plant and machinery building etc. with Liberty Group Marketing Division and/or Liberty Enterprises partnership firms.

- The Company is all set to venture into the e-commerce activities which will cater to the B2B and B2C requirements.

2003

-Liberty Footwear has introduced its innovative Liberty Footstylers collection. It is also unveiling a slew of shoes whose price will range between Rs 1 500 and Rs 2 500 higher than its other products such as Gliders Windsor and Senorita. -Pearl Academy inks pact with Liberty Shoes

2004

-Liberty Shoes Board approves setting up of Subsidiary Company

-Mr. Adesh Gupta presently working as Executive Director of the Company since July 16 2001 has been elevated as 'Chief Executive Officer' (CEO) of the Company.

- Liberty Shoes Ltd launched its retail format Revolutions

-Liberty Footwear Company Ltd's claim to use brand name 'Revolution' for its new footwear retail chain has been challenged by a Delhi-based women's wear chain Revolution Clothings which too has claimed ownership of the same brand name.

2005

-Liberty unveils new range of footwear

2006

-Liberty Shoes joins hand with Pantaloon

(Source: RTGSL)


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