Wednesday, October 17, 2018

PAGE INDUSTRIES - 6 times in 5 years - WHAT MAKES IT WORK. (IPO to now series)

Page Industries also known as Jockey India is a publicly listed company on BSE and NSE which is the licensee of Jockey International and Speedo in India and Sri Lanka. 

It was founded in 1995.

IPO   2007 

Issue Price  Rs 600/- per share

Price on 15th October 2014.  Rs. 4407/- per share 

Price on 16th October 2018.   Rs. 27898/- per share 


PAGE Industries - 5 year chart. ( 15/10/13 to 16/10/18)


As of March 2018 company's workforce numbered over 20000 people with over 15 manufacturing facilities in India. 

It has a pan India distribution strength with over 50000 plus retail outlets in 1800 cities and towns in India. 

According to Business Standard report on 5th of Feb 2018 - Jockey is the market leader in India in the inner wear segment with a market share of 7.5% in a market where inner wear penetration is low and there is a huge market potential. The growing omnichannel/ e- commerce platforms coupled with an aspirational value among buyers has led to the premium brand Jockey jump to the top position.


Awards

2005 and 2008. "Best licensee of the year" by Jockey International

2010 "International licensee of the decade" by Jockey International

2012 "Outstanding Advancement of Jockey Global Retail Image" a rare distinction from 142 countries where Jockey is present.

2013 "International Licensee of the year" by Jockey International

2013 "Star SME ( Small and Medium Enterprise of the year) of the year 2012" by Business Standard.

2018 "Decadal Award" in the CNBC TV18 -10th Emerging India Award for having truly raised the bar of excellence over a decade.

(Source : Wikipedia, Moneycontrol.com and www.pageindustries.com)

DISCLAIMER :  THIS BLOG IS FOR INFORMATION AND NOT TO SOLICIT ANY BUSINESS. PAST PERFORMANCE IS NOT AN INDICATION OF THE PERFORMANCE OF STOCK IN FUTURE.