About Sportking
Sportking is a company based in Ludhiana (India) founded in 1989. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 6,750 employees as of March 31, 2024. Sportking offers products and services including Yarns, Fabrics, Garments, and Retail Outlets. Sportking operates in a competitive market with competitors including Alok Industries, Jaykay Enterprises, Pasupati Spinning & Weaving Mills, A.K. Spintex and Manomay Tex India, among others.
- Headquarter Ludhiana, India
- Employees 6750 as on 31 Mar, 2024
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Sportking India Ltd.
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Annual Revenue
$287.27 M (USD)6.04as on Mar 31, 2024
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Net Profit
$12.73 M (USD)55.31as on Mar 31, 2024
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EBITDA
$25 M (USD)35.94as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
6750
as on Mar 31, 2024
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IPO & Listings of Sportking
Sportking is a publicly listed company on the NSE with ticker symbol SPORTKING in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Sportking
Sportking offers a comprehensive portfolio of products and services, including Yarns, Fabrics, Garments, and Retail Outlets. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Yarns are produced for various textile applications daily.
Fabrics are manufactured for diverse industrial and retail uses.
Garments are crafted for retail and export markets globally.
Retail outlets are operated under Sportking Fashion Planet brand.
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Funding Insights of Sportking
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Sportking
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sportking
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sportking Comparisons
Competitors of Sportking
Sportking operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Alok Industries, Jaykay Enterprises, Pasupati Spinning & Weaving Mills, A.K. Spintex and Manomay Tex India, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Textiles and related products are manufactured in India.
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| domain | founded_year | HQ Location |
Yarn and cotton are manufactured by Jaykay Enterprises in India.
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| domain | founded_year | HQ Location |
Yarns and threads are contract-manufactured for textile and apparel industries.
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| domain | founded_year | HQ Location |
Fabrics are manufactured on a contract basis by A.K. Spintex.
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| domain | founded_year | HQ Location |
Denim fabrics are contract-manufactured in Bhilwara, India.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sportking
Frequently Asked Questions about Sportking
When was Sportking founded?
Sportking was founded in 1989.
Where is Sportking located?
Sportking is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
Who is the current CEO of Sportking?
Munish Avasthi is the current CEO of Sportking.
How many employees does Sportking have?
As of Mar 31, 2024, the latest employee count at Sportking is 6,750.
What is the annual revenue of Sportking?
Annual revenue of Sportking is $287.27M as on Mar 31, 2024.
What does Sportking do?
Sportking is established as a vertically integrated textile conglomerate in India, focusing on the production of yarns, fabrics, and garments. Operations are conducted across spinning, textile processing, and retail sectors. The company is involved in exporting to over 30 countries, supported by advanced manufacturing facilities in Ludhiana and Bathinda. Retail presence is maintained through over 100 outlets under the Sportking Fashion Planet brand. Employment is provided to approximately 12,000 individuals directly, with additional indirect jobs in ancillary industries. Modern technology and strong systems are utilized to ensure quality and efficiency in production processes.
Who are the top competitors of Sportking?
Sportking's top competitors include Jaykay Enterprises, Alok Industries and Pasupati Spinning & Weaving Mills.
What products or services does Sportking offer?
Sportking offers Yarns, Fabrics, Garments, and Retail Outlets.
Is Sportking publicly traded?
Yes, Sportking is publicly traded on NSE under the ticker symbol SPORTKING.
What is Sportking's ticker symbol?
The ticker symbol of Sportking is SPORTKING on NSE.