Gul Ahmed Company Overview

Topics: Financial ratio, Financial ratios, Customer service Pages: 17 (4008 words) Published: May 19, 2013
Company Overview
The story of textiles in the subcontinent is the story of Gul Ahmed. The group began trading in textiles in the early 1900s. The group entered in the field of manufacturing with the establishment of today's iconic name of Gul Ahmed Textile Mills Ltd in the year 1953. Since its listing on the Karachi Stock Exchange in 1970, the company has been making rapid progress and enjoying a leading position in the world of textiles. With an installed capacity of more than 130,000 spindles, 300 state-of-the-art weaving machines and most modern yarn dyeing, processing & stitching units, Gul Ahmed is a composite unit – making everything from cotton yarn to finished products. Gul Ahmed has its own captive power plant comprising of gas engines, gas & steam turbines, and backup diesel engines. Believing in playing its role in protecting the environment, Gul Ahmed has also set up a waste water treatment plant to treat 100% of its effluent, bringing it to NEQS levels. Gul Ahmed is playing a vital role not only as a textile giant, but has its strong presence in the retail business as well. The opening of its flagship store – Ideas by Gul Ahmed– marked the group's entry into the retail business. Starting from Karachi, Gul Ahmed now has an extensive chain of more than 40 retail stores across the country, offering a diverse range of products from home accessories to fashion clothing. More than 50 years since its inception, the name Gul Ahmed is still globally synonymous with quality, innovation & reliability.

Company Registration Number
New registration number: CUIN 000586 
Old Registration number: KAR-41 of 1953-54
Company National Tax Number:
Registerd Office Address:
Plot No.82, Main National Highway, Landhi, Karachi-75120.

Setting trends globally in the textile industry. Responsibly delivering products and services to our partners.

To deliver value to our partners through innovative technology and teamwork. Fulfilling our social and environmental responsibilities.


Business Activities
Excellence in quality and service is the hallmark of all operations performed at Gul Ahmed. Firmly standing by its business values, Gul Ahmed is active in manufacture and sale of textile products. The manufacturing wing is an essential component in Gul Ahmed's operations. The manufacturing cycle, which includes spinning, weaving, processing, designing and stitching, results in an end product that is tailored to the most stringent customer requirements. On the retail front, Ideas by Gul Ahmed offers fabrics and made-ups, ranging from home accessories to clothing. It not only provides fashion at great value, but also caters to various customer needs by offering a diverse product mix. This leads to a complete and enjoyable retail experience. As a result of this, the chain has expanded to 40 stores across Pakistan since its inception in 2003.

Permissible Business
The principal business activity of the Company is manufacture and sale of textile products. Details of other permissible business activities of the Company are as contained in the objects clause of the Memorandum of Association of the Company.

Board of Directors
Mr. Mohomed BashirChairman and Chief Executive Officer
Mr. Zain Bashir
Mr. Ziad Bashir
Mr. Mohammed Zaki Bashir
Mr. Abdul Aziz Yousuf
Mr. S.M. Nadim Shafiqullah
Mr. Adnan Afridi
Dr. Amjad Waheed
Mr. Abdul Razak Bramchari

Shareholders Details
Pattern of Shareholding (June 30, 2012)
No. of Shareholders| Shareholding| Shares held|
650| From| 1| to| 100| 24,291|
867| From| 101| to| 500| 243,389|
258| From| 501| to| 1000| 191,664|
269| From| 1001| to| 5000| 552,365|
31| From| 5001| to| 10000| 220,900|
13| From| 10001| to| 15000| 158,059|
7| From| 15001| to| 20000| 125,434|
5| From| 20001| to| 25000| 107,683|
3| From| 25001| to| 30000|...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Essay about Gul Ahmed
  • Financial Statement Analysis of Gul Ahmed Essay
  • Gul Ahmed Essay
  • Gul Ahmed Financial Analysis Report Essay
  • Essay on Gul Ahmed and Al Karam
  • Gul Ahmed Research Paper
  • Comparative Analysis of Gul Ahmed Textile with Industry Essay
  • Coffee and Company Overview Starbucks Essay

Become a StudyMode Member

Sign Up - It's Free