Himatsingka Seide - A textile company to watch in the post quota regime

Himatsingka Seide Limited (HSL) is India’s largest manufacturer and exporter of natural silk fabrics used primarily in furnishings and dress materials
Incorporated in 1985 as a 100% export oriented unit, the Company has consciously targeted the upper end of the market – with customers located in the U.S., U.K., Germany, France, Italy, South America and Australia – and positioned itself as a company focusing on high quality as well as consistency and innovation in design.
For over ten years they have worked with well known furnishing and fashion houses from these countries. HSL located in Bangalore operate one of the largest integrated ISO 9001 certified mills in the world After a share split and 1:1 bonus, Rs 5 share is now available at 149. On Nov 10th Azim Premji bought around 4% shares of HSL at Rs 136.