COMPANY NAME | JK INVESTO TRADE INDIA LTD. |
NATURE OF BUSINESS | NON- BANKING FINANCIAL CO. |
ISIN NO | INE361G01015 |
FACE VALUE | Rs.10/- |
PROMOTERS | RAYMOND GROUP COMPANY |
COMPANY WEBSITE | www.jkinvesto.com |
J. K. Investo Trade (India) Limited i.e. (JKIT) (formerly known as J. K. Chemicals Limited) is a company incorporated in India under the Companies Act, 1913, having its Registered Office at New Hind House, N.M. Marg, Ballard Estate, Mumbai – 400 001, it is a Raymond group company. JKIT is an investment company registered with Reverse Bank of India as a Non-Banking Financial Company. JKIT wholly-owned subsidiary, Raymond Consumer Care Private Limited (formerly J. K. Ansell Limited) enjoys a significant share of the commercial Indian market and one of the leading brands (KamaSutra). In September 2000 it commenced selling and distribution activity for surgical gloves in India.
JKIT wholly-owned subsidiary i.e. J. K. Helene Curtis Limited which is a leading player in the Grooming Accessories and Toiletries category. It markets its range under PARK AVENUE and PREMIUM Brand Names. The Brand portfolio includes Fragrances, Shaving Systems, Hair Care and Body Care.ia as a Non-Banking Financial Company.Main business of JKIT till 1981 was manufacturing and trading of Sodium Hydrosulphite, which has been closed due to worker’s illegal strike. In the year 1991, company set-up a condom project in Technical collaboration with Samsung Co. Ltd. and Shinheng Corporation both of South Korea . In the year 1996 company de-merged its condom division and transferred it to J. K. Ansell Limited, 50-50 joint venture of JKIT and Ansell group, Australia . J. K. Ansell has a condom manufacturing plant at Aurangabad in Western India that manufactures 250 million pieces per annum.
Currently, J.K. Ansell enjoys a significant share of the commercial Indian market and one of the leading brands (KamaSutra). In September 2000 J. K. Ansell commenced selling and distribution activity for surgical gloves in India .JKIT is also having a wholly owned subsidiary i.e. J. K. Helene Curtis Limited which is a leading player in the Grooming Accessories and Toiletries category. It market its range under PARK AVENUE and PREMIUM Brand Names. The Brand portfolio includes Fragrances, Shaving Systems, Hair Care and Body Care.JKIT wholly-owned subsidiary, Raymond Consumer Care Private Limited (formerly J. K. Ansell Limited) enjoys a significant share of the commercial Indian market and one of the leading brands (KamaSutra). In September 2000 it commenced selling and distribution activity for surgical gloves in India. JKIT wholly-owned subsidiary i.e. J. K. Helene Curtis Limited which is a leading player in the Grooming Accessories and Toiletries category. It markets its range under PARK AVENUE and PREMIUM Brand Names. The Brand portfolio includes Fragrances, Shaving Systems, Hair Care and Body Care.
J. K. Investo Trade ( India ) Limited [JKIT] was subsidiary of Raymond Limited till 1999. Since then Raymond Limited is holding around 47.66% of share capital of JKIT. Raymond Limited was incorporated on September 10, 1925 and is comprising of Textiles, Engineering Files & Tools, Aviation and Real Estate Division. Raymond Limited is one of the largest vertically and horizontally integrated manufacturers of worsted suiting fabric in the world and commands a dominant market share of over 60 percent in the worsted suiting fabric space in India. Raymond?s state-of-the- art fabric manufacturing plants in Vapi (Gujarat), Chhindwara (Madhya Pradesh) and Jalgaon (Maharashtra) have an aggregate manufacturing capacity of 38 million metres of suiting fabric extending across all wool, poly- wool, silk, polyester viscose blend, cotton blend, linen blend and other premium blends. Marketed under the brand ?Raymond Fine Fabrics?, it is undoubtedly amongst the most preferred brands in the Textile sector.