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Raymond Ltd (BSE: 500330|NSE: RAYMOND) is largest integrated manufacturer of fabric in the world based in Mumbai, Marashtra. It has over 60% market share in suiting in India. It is also the India''s biggest woollen fabrics maker. Textile division of the company has a distribution network of more than 4,000 multibrand outlets and over 637 exclusive retail shops in the domestic market itself.
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Raymond Ltd. The Economic Times During September, the Company issued US 63 million comprising of 39,57,286 GDRs equal to 79,14,572 No. of equity shares at a price of US per GDR. 1994 The name of the Company was changed from Raymond Woollen Mills Ltd. to Raymond Limited. 1995 A new brand of cement `DuraGuard'' a high degree of durability was introduced.
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The Raymond Group was incorporated in 1925; and within a span of a few years, transformed from being an Indian textile major to being a global conglomerate.
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