Vinny Overseas Rights Issue Details 2023

Vinny Overseas Limited was established in May 1992. It is engaged in processing fabrics for shirts, suits and garments through the manufacturing process of weaving, dyeing, printing and finishing. Their company obtains the raw fabrics from the domestic market and dyes them according to the requirements of the customers based on the quality of the fabrics, size requirements, etc. Your company is also engaged in contract work for wholesalers and also deals in raw materials as per customer orders.

Their product range can be broadly divided into shirting fabrics, shooting sports fabrics, polyester fabrics, dress fabrics and cotton fabrics. Thank you to their factories and facilities, they can offer a range of textile products and processes to their customers. In addition to trading and manufacturing printed fabrics, the company also offers fabric processing services. The company has grown over the past five fiscal years; see below for details on operating revenues.

The Company has its own testing and quality control (“QC”) team that performs testing and quality management. The testing and quality control team, together with testing equipment, ensures the quality of raw materials used in the process and finished goods delivered to customers. This helps to improve the procurement process and thus reduce scrap, returns and other related costs.