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Year

Milestone

1986

Incorporation of the Company

1993

Becomes a public limited company with a Rs. 4.5 crore IPO

1995

Sets up financial and technical collaboration with Grabal, Albert Grabher GmbH & Co of Austria to make embroidered products through a joint venture company, Grabal Alok Impex Ltd.

1996

Annual sales of Rs. 100 crore.

1997

Rights Issue of equity shares aggregating to Rs. 14.98 crore.

1998

Private placement of equity shares of Rs. 16 crore to Century Direct Fund(Mauritius).

2000

  • Turnover exceeds Rs. 300 crore,including export of Rs. 9 crore.
  • New Alok Logo launched.

2001

Expansion initiated under Technology Upgradation Fund Scheme (TUFs) for weaving and processing capacities wih investment of Rs. 225 crore.

2002

  • Rights issue of FCDs of Rs. 51 crore.
  • Turnover exceeds Rs. 550 crore.

2003

  • Export Trading House status granted
  • Foray into House Textile Segment (bed linen)

2004

  • Turnover surpasses Rs. 1,000 crore
  • Commenced Phase I & II of expansion programme (Spinning, Weaving, Processing & garmenting) aggregating to Rs. 1,175 crore under TUFs.

2005

FCCB issue of USD 35 million.

2006

  • Texprocil silver trophy awarded for second highest export in manufacturer exporter – made ups category.
  • FCCB issue of USD 70 million.

2007

  • ISO 9001:2000 certification obtained
  • Turnover reaches Rs. 1,800 crore, Export at Rs. 640 crore
  • Domestic retail brand 'H&A' launched
  • Embarked on expantion of Rs. 1,100 crore under phase III under TUFs
  • Contracted to acquire commercial property at Lower Parel admeasuring 6,41,000 sq. ft. in real estate subsidiary Alok Infrastructure Limited
  • 60 per cent stake in Mileta a.s. – a Czech Republic-based textile company acquired
  • Controlling stake in U.K based retail store chain, ‘qs’ (now Store Twenty one) acquired
  • Organic cotton contract farming commenced
  • Gold Trophy for best export performance to ‘Focus LAC’ countries awarded by Synthetic & Rayon Textile Export Promotion Council
  • Awarded Silver trophy for highest fabric exports and Bronze trophy for highest made ups export

2008

  • Turnover crosses Rs. 2,000 crore
  • Exports crosses Rs. 1,000 crore
  • Joint venture with National Textile Corporation (NTC) to develop, revive New City Mills, Mumbai and Aurangabad Textile Mills, Aurangabad formed
  • Awards from TEXPROCIL for 2007-2008
    • Gold Trophy for highest exports of bleached/yarn dyed/ printed fabrics
    • Silver Trophy for highest export of made ups
    • Bronze Trophy for highest global exports
    • Special achievement award for exports in fabrics
  • Awarded Outstanding Exporter of the Year – Textiles  at the International Trade Awards 2007-08; presented by DHL CNBC TV 18 and powered by ICRA
  • Initiated Phase IV expansion of Rs. 1,180 crore under TUFs
  • Raised ECB of USD 90 million
  • Acquired stake in UK retail "Store Twenty One"

2009

Rights issue of Equity shares of Rs. 450 crore completed integration of Polyester by commissioning continuous Polymerisation capacity of 600 tpd

2010

  • Turnover touches Rs. 4,300 crore, Exports crosses Rs, 1,500 crore
  • Qualified Institutional Placement of Equity Shares of Rs. 425 crore
  • Added Terry Towels to its product range

2011

  • 25 years of corporate journey completed
  • Turnover crosses Rs. 6,300 crore, Exports reach Rs, 2,200 crore
  • Awarded the IMC - Ramakrishna Bajaj National Quality (RBNQ) Performance Excellence Trophy in the Manufacturing Category
  • Expansion of Polyester production from 600 tons/day to 1400 tons/day commenced
  • Awarded status of 'Recognised Star Trading House'