StockWatch
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Garments & Apparels
Business Update28 Jul 2026, 12:24 pm

Meenakshi India Lists on BSE, Targets ₹500 Cr Revenue by FY30

AI Summary

Meenakshi India Limited (MIL) has successfully listed its equity shares on the Main Board of the Bombay Stock Exchange (BSE) on July 22, 2026. The company's stock debuted at ₹281.99 per share, with 1.125 crore equity shares offered. This listing is a significant milestone for the apparel manufacturer, specializing in premium bottom wear and outerwear. MIL plans to invest approximately ₹40 crore to expand its manufacturing infrastructure, aiming to increase annual production capacity from 18 lakh to 35 lakh garments by FY30. Backed by these investments, the company targets revenues in the range of ₹450–500 crore by FY30. The listing is expected to enhance visibility, strengthen customer partnerships, and support the company's growth strategy in both domestic and international markets, capitalizing on favorable trade agreements.

Key Highlights

  • Meenakshi India Limited successfully listed on BSE Main Board on July 22, 2026.
  • Stock debuted at ₹281.99 with 1.125 crore equity shares offered.
  • Company plans ₹40 crore investment for manufacturing expansion by FY30.
  • Targets revenue of ₹450–500 crore by FY30.
  • Aims to increase annual production capacity to 35 lakh garments by FY30.