Gimatex Industries

Hinganghat, India Founded: 1993 • Age: 33 yrs
Gimatex Industries is engaged in integrated textile manufacturing.
Annual revenue $171.9M Latest available
Total funding $3.0M 4 rounds
Employees 3138 Tracked headcount
Investors 6 Known backers
Products 5 Services tracked
Competitors - Brand Intelligence

About Gimatex Industries

Gimatex Industries is a company based in Hinganghat (India) founded in 1993. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. Gimatex Industries has raised $2.99 million across 4 funding rounds from investors including Gima Investment Securities, Prashant Kumar Mohota and Shantadevi Mohota. The company has 3,138 employees as of March 24, 2024. Gimatex Industries offers products and services including Yarns, Grey Fabric, Finished Fabric, Apparels, and Ginning.

  • Headquarter Hinganghat, India
  • Employees 3138 as on 24 Mar, 2024
  • Stage Minicorn
  • Sectors
    Industrial Goods & Manufacturing
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  • Website
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  • Legal Name Gimatex Industries Pvt. Ltd.
  • Jurisdiction Hinganghat, Maharashtra, India
Operational Areas
Industrial Goods & Manufacturing → Textile & Apparel Manufacturing Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $171.91 M (USD)
    -13.16
    as on Mar 31, 2023
  • Net Profit
    $5.08 M (USD)
    -25.76
    as on Mar 31, 2023
  • EBITDA
    $17.73 M (USD)
    -5.65
    as on Mar 31, 2023
  • Total Equity Funding
    $2.99 M (USD)

    in 4 rounds

  • Latest Funding Round
    $909.98 K (USD), Unspecified

    Jun 28, 2013

  • Investors
  • Employee Count
    3138

    as on Mar 24, 2024

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Products & Services of Gimatex Industries

Gimatex Industries offers a comprehensive portfolio of products and services, including Yarns, Grey Fabric, Finished Fabric, Apparels, and Ginning.

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Primary

Yarns are produced with large spinning capacity daily.

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Grey fabric is supplied as a leading product.

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Finished fabric is processed at Dholka facility unit.

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Apparels are offered through three lifestyle brands.

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Ginning is conducted in Vidarbha cotton belt.

People of Gimatex Industries

Headcount 1000-5000
Employee Profiles 4
Employee Profiles
People
Ahesan Khan
Marketing Manager
People
Ganesh Pohekar
Sr. VP - IT & CIO
People
Harsh Vyas
Marketing And Brand Manager- Minus One

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Funding Insights of Gimatex Industries

Gimatex Industries has successfully raised a total of $2.99M across 4 strategic funding rounds. The most recent funding activity was a Unspecified round of $909.98 thousand completed in June 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Gimatex Industries

Gimatex Industries has secured backing from 6 investors, including institutional and angel investors. Prominent investors backing the company include Gima Investment Securities, Prashant Kumar Mohota and Shantadevi Mohota.

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Investor details for Gimatex Industries

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Investments & Acquisitions by Gimatex Industries

Investments
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Investment portfolio details for Gimatex Industries

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Financial Statements - Gimatex Industries

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Gimatex Industries Comparisons

Gimatex Industries Primary company
Description
Gimatex Industries is engaged in integrated textile manufact...
Location
Hinganghat, India
Founded Year
1993
Annual Revenue
$171.91 M (USD)
Net Profit
$5.08 M (USD)
EBITDA
$17.73 M (USD)
Employees
3,138
As of 2024
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Peer comparison for Gimatex Industries

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Competitors of Gimatex Industries

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Detailed competitors of Gimatex Industries

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Latest news on Gimatex Industries

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Frequently Asked Questions about Gimatex Industries

Gimatex Industries was founded in 1993 and raised its 1st funding round 16 years after it was founded.

Gimatex Industries is headquartered in Hinganghat, India. It is registered at Hinganghat, Maharashtra, India.

Goutam Kumar Dhang is the current CEO of Gimatex Industries.

Gimatex Industries is a funded company, having raised a total of $2.99M across 4 funding rounds to date.

As of Mar 24, 2024, the latest employee count at Gimatex Industries is 3,138.

Annual revenue of Gimatex Industries is $171.91M as on Mar 31, 2023.

Gimatex Industries is involved in the complete textile production chain, including ginning, spinning, weaving, processing, and apparel manufacturing. Operations are based in central India, ensuring accessibility to domestic and export markets. Sustainable practices are implemented to meet quality specifications consistently. Innovative products and services are offered to discerning customers worldwide. The company focuses on IT-driven solutions for efficient communication and information sharing. Facilities are located in Hinganghat, Wani, Dholka, and Mumbai, covering various aspects of textile production from fiber to fashion.

Gimatex Industries offers Yarns, Grey Fabric, Finished Fabric, Apparels, and Ginning.

Gimatex Industries has 6 investors. Key investors include Gima Investment Securities, Prashant Kumar Mohota, Shantadevi Mohota, Gimatex, and Burlington Properties.

The valuation of Gimatex Industries is $18.27M as of Jun 2013.

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