Management Team
Mr. Vedprakash D.Chiripal, Chairman
Mr. Brijmohan D.Chiripal, MD
Mr. Deepak Chiripal, Director
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Journey Began
Chiripal Group was established in the year 1972
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Products Manufactured
Denim, Khaki & shirting
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Manufacturing Facilities
Ahmedabad
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Production Capacity & Expansion Plans
Nandan Denim grew its denim manufacturing capacity from 6 MMPA in FY04 to 71 MMPA in FY14 to a projected 110 MMPA in FY17. In FY14, the company has initiated its largest expansion in denim manufacturing capacity by nearly 40 MMPA, nearly 60 per cent of its existing capacity in one stroke. In FY14, it has invested in more than doubling its spinning capacity, from 54 TPD to 124 TPD. The company also has 10 MMPA capacity for processing shirting fabric.
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Machines Installed
The company has installed Reggiani Printer, Tong Geng Jet Dyeing Machine, CBR & CDR line, Tsudakoma Airjet looms to enhance production capacity of Bottom-weight and Denim fabrics.
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Global Presence
Nandan takes pride in supplying denim fabric to the best known international brands like Polo, Ralph Lauren, Calvin Klein, Target, Armani Exchange, Tommy Hilfiger and Ann Taylor.
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Exports
The company exports denim to 28 countries.It has a strong dealer network spread across the world to enable easy and timely availability with direct contacts available in Hong Kong, Bangladesh, Egypt, Peru, Panama, Columbia and Korea.
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Financial Performance
Revenue from operations increased from Rs. 1096.5 crore to Rs.1156.7 crore registering growth of 5.5%. Profits After Tax increased from Rs. 51.4 crore to Rs. 63.3 crore, a growth of 23.1%.
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Future Focus
“We aim to build Nandan into an organisation that spearheads a revolution in the fashion industry where style remains not just the sacred territory of a few, but a mantra to live by for everyone”, Mr. Deepak Chiripal.