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* - Tentative Dates
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
| Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 205.13 | 207.29 | 217.83 | 217.26 |
| Revenue | 277.54 | 226.06 | 283.44 | 283.31 |
| Profit After Tax | 5.31 | 1.67 | 6.27 | 6.51 |
| Net Worth | 75.43 | 81.55 | 87.12 | |
| Reserves and Surplus | 60.78 | 66.90 | 72.47 | |
| Total Borrowing | 114.44 | 113.91 | 104.32 |
Bhandari Hosiery Exports Limited was established in the year 1993. Bhandari Hosiery Exports Limited (BHEL) is one of the leading manufacturers of knitwear and garments with strong design capabilities. The products are sold by the company to domestic and foreign customers. Over the years, BHEL has built a strong and loyal customer base in various countries across all continents.
The company has a state-of-the-art manufacturing facility with design capabilities equipped with the latest equipment and technologies at Meherban village, Rahon Road, Ludhiana, Punjab, India. Ludhiana is an established market for knitwear, garments and embroidery. Ludhiana is very well connected with the entire country and has an abundant supply of skilled and semi-skilled labour.
They understand and recognise the importance of product design and development and, using effective fabric technology, translate complex concepts into simple, production-friendly patterns that meet fashion and quality requirements.
