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* - Tentative Dates
The Net Proceeds from the Issue are proposed to be utilized by the Company for the objects set out below:
Nandani Creation Limited's revenue decreased by -7.44% and profit after tax (PAT) rose by 397.27% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 69.74 | 48.15 |
| Revenue | 45.85 | 49.54 |
| Profit After Tax | 0.55 | 0.11 |
| Net Worth | 29.87 | 29.00 |
| Reserves and Surplus | 18.38 | 17.56 |
| Amount in ₹ Crore | ||
Founded in 2012, Nandani Creation Ltd. designs, manufactures, distributes and markets a wide portfolio of Indian clothing for women through several brands, namely its flagship 'Jaipur Kurti', its premium brand 'Amaiva- By Jaipur Kurti', 'Jaipur Kurti Luxe' and 'Desi Fusion'. The products are specifically tailored for the Indian woman and the product range offers different price ranges for the customers. The brands are designed to fulfil the needs of Indian women, from casual wear to occasion wear to office wear.
The products are available through an India-wide multi-channel distribution network that the company has built over the years, consisting of its exclusive branded stores ('EBOs'), its own D2C website www.jaipurkurti.com and its presence on all major e-commerce platforms such as Myntra, Nykaa Fashion, Ajio, Tata Cliq, Amazon, Flipkart etc. further, the Company has recently started building a network of multi-brand outlets ('MBOs') by opening SIS outlets in various cities like Varanasi, Lucknow, Haridwar, Gorakhpur, Punjab, Shimla, Chandigarh, Jammu & Kashmir etc.
The company had 13 EBOs including 08 company-owned and company-operated (COCO) stores and 05 franchisee-operated (FOFO) stores in 8 states of India. The well-established EBO network is not only well spread across the major regions of India but also provides an excellent shopping experience to the customers.
