Active Clothing Co Limited has announced board approval for raising ₹23 crore through a preferential warrant issue. The apparel manufacturer plans to issue up to 20 lakh warrants priced at ₹115 each, with each warrant convertible into one fully paid-up equity share having a face value of ₹10. The entire fund raise will be conducted through cash payments, providing immediate capital infusion to the company.
The company has structured the warrant allocation to ensure balanced stakeholder participation. 50% of the total warrants (10 lakh warrants) will be allocated to promoters and promoter group members, while the remaining 50% (10 lakh warrants) will go to non-promoter investors. This equal distribution approach maintains promoter commitment while enabling broader investor participation in the company's growth trajectory.
According to Managing Director Rajesh Mehra, the ₹23 crore preferential issue represents a strategic step to strengthen the company's capital base and support the next phase of growth. The fund infusion is expected to enhance financial flexibility, improve balance sheet strength, enable pursuit of expansion opportunities, and continue delivering value to global customers and stakeholders.
Active Clothing Co Limited reported robust financial performance in FY25 with total income of ₹297.12 crore, EBITDA of ₹28.49 crore, and PAT of ₹8.45 crore. The Mohali-based company serves leading global fashion brands including Levi's, George, Pepe Jeans, ONLY, Jack & Jones, Vero Moda, Next, Skechers, Guess, Puma, Ted Baker London, and Adidas.
The company operates as India's leading fully integrated "design-to-shelf" solution provider, offering comprehensive services from design to manufacturing and retail operations. Active Clothing distinguishes itself through its tech-enabled platform featuring virtual knitting, digital sampling capabilities, waste reduction solutions, and state-of-the-art integrated facility operations. The company was listed on BSE on March 26, 2018 with an IPO of ₹26.56 crore.
