Irrespective of market’s low sentiments and the challenges mounting for the textile industry, a few companies are geared up to grow and are moving towards various positive developments.
Kalahridhaan Trendz, an Ahmedabad-based textile dyeing and processing company has launched its Initial Public Offering (IPO).
Founded by Niranjan Agarwal, the company is aiming to raise Rs. 22.49 crore and net proceeds of the issue will be used to cover public issue expenses, general corporate purposes, and working capital requirements.
As per the website of the company, it has the capacity to produce up to 1 lakh metres per day of dyeing & printing material and it is also increasing its capacity in a big way.
It had a turnover of Rs. 184.17 core in FY ’22-23 compared to Rs. 183.90 crore in FY 2021-22.
As per the details available, the company is known for production and trade of fabric with embroidery works, trading of grey fabric, and printing and dyeing for the preparation of suiting, shirting, and dress materials for sale in the B2B market exclusively.
Claiming a focus on sustainability, it has 4 megawatts of windmill energy conversion and it also encourages recycling technologies, which transition low-value waste into new, high-value textiles, and are a critical link in the circular supply chain.
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Bharat Tex Special Report 2026 
