SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indo Count Industries completes acquisition of home textile business of GHCL

04 Apr 2022 Evaluate

Indo Count Industries has successfully completed the acquisition of Home Textile business of GHCL, at Bhilad (Vapi), Gujarat, on a going concern basis by way of a slump sale and acquisition of specified assets of Grace Home Fashions LLC (GHF), US subsidiary of GHCL for an all-cash consideration of Rs 592.8 crore (subject to validation of customary closing date adjustment of working capital in terms of BTA and ATA).

This acquisition will catapult Indo Count to a leadership position in the Global Home Textiles Bedding segment. Indo Count becomes the world's largest Home Textile bedding manufacturer, with an annual capacity of 153 million meters. Potential addition of Rs 1,300-1,500 crore p.a. to the topline of the Company at peak capacity.

Indo Count Industries is engaged in the manufacturing of 100% grey combed cotton yarn and knitted fabric. Its product range includes Cotton yarn, Knitted fabrics and Dyed yarn and core-spun yarn.

Indo Count Inds Share Price

391.45 -2.90 (-0.74%)
22-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 161.65
Vardhman Textiles 657.00
Arvind 508.05
K.P.R. Mill 1151.20
Page Industries 39337.05
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: