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* - Tentative Dates
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To invest in setting up of Solar Power Plant | 22.00 |
| 2 | Repayment and/or prepayment, in full or part, of all or a portion of certain outstanding borrowings availed by the Company, including the interest accrued thereon. | 23.00 |
| 3 | To meet Working Capital Requirements | 100.00 |
| 4 | General Corporate Purposes | 49.90 |
| 5 | Estimated Issue related expenses | 4.85 |
| Total | 199.75 |
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total Income | 1,050.42 | 1,003.37 | 984.86 |
| EBITDA | 50.77 | 203.97 | -40.39 |
| NET Worth | 211.89 | 185.21 | 176.69 |
| Reserves and Surplus | 78.62 | 51.94 | -280.33 |
| Amount in ₹ Crore | |||
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Brokerage, Selling Commission & Upload Fees | 11,500.00 |
| 2 | Registrar to the Issue | 25,000.00 |
| 3 | Fees to Monitoring Agency | 25,000.00 |
| 4 | Advertising and marketing expenses | 10,000.00 |
| 5 | Regulators including Stock Exchanges | 45,000.00 |
| 6 | Printing and distribution of issue stationary | 40,000.00 |
| 7 | Others, if any (Issuer bank charges, chartered engineer report, legal and other statutory expenses with reports) | 13,500.00 |
| Total | 1,70,000.00 |
Established in August 1988, Sumeet Industries Limited is a leading integrated polyester yarn manufacturer engaged in producing a wide range of polyester-based products, including PET Chips, Partially Oriented Yarn (POY), Fully Drawn Yarn (FDY), Polyester Textured Yarn (PTY), and other textile-related products. The company operates a large-scale manufacturing facility located in Surat, Gujarat, with fully integrated operations spanning polymerization, spinning, texturizing, and recycling processes.
Sumeet Industries caters to the textile and apparel sector across India by offering a diversified product portfolio widely used in weaving, knitting, sizing, and fabric manufacturing applications. The company has significant installed production capacities, including 100,800 TPA for the CP Plant, 52,500 TPA for POY, 45,500 TPA for FDY, 5,400 TPA for texturized yarn, and 2,700 TPA for recycled chips.
As of April 2026, the company employed 618 employees and workers, along with approximately 314 contract labourers. Sumeet Industries continues to strengthen its market position through operational efficiency, backward integration, recycling initiatives, and technology-driven manufacturing practices.
