* - Tentative Dates
The right issue aims to utilize the net proceeds towards the following purposes;
Kallam Textiles is engaged in the business of ginning of cotton, manufacturing cotton, and dryed yarn, and weaving grey and dyed fabrics. The company produces cotton yarn through ring spinning and open-ended spinning.
Its product portfolio includes Ring Spun combed yarn, Two for one twisted yarn, ring-spun yarn, open End yarn, and others. In fiscal 2021, it had sold 41,58,598 Kg of cotton yarn.
It has facilities with a yarn dyeing capacity of 3000 Kgs per day and a woven fabric capacity of 80,000 meters per day. Its manufacturing facility is located in the state of Andhra Pradesh and also has 3 Hydel Power Plants with a total capacity of 4 MW in Telangana.