Branded Apparel & Innerwear Manufacturing Company for Sale in North India

Project Radiance is an unlisted public company engaged in the clothing and apparel business, with its flagship business in thermal wear and innerwear, expanded across multiple other categories. The company focuses on quality and innovation in clothing products.

Key Highlights:

• Project Radiance has popular brands across thermal wear, T-shirts, innerwear and active wear.
• GTM: Large Format Stores, Franchisees & E-commerce.
• Established network of exclusive retail stores, channel partners and retail touch points.
• Manufacturing approach focused on product quality, including stretchability, durability, neat stitching and fit.
• The company has in-house facilities covering yarn dyeing, knitting, fabric processing and finished garment manufacturing.
• The company has state-of-the-art machinery for garment processing and manufacturing.

Manufacturing: Project Radiance’s approach towards Product quality is based on the concept of “Clothing for Life”. The features of Project Radiance Products are :

• Fine Strechability
• Durability
• Neat Stitching
• Perfect Fit

The registered office and manufacturing units are located in North India. The factories have in-house facilities covering yarn dyeing, knitting, fabric processing and manufacturing of finished garments. The company has state-of-the-art machinery for garment processing and manufacturing.

Physical Infrastructure

• Land and building assets.
• Knitting machines.
• Stitching machines.

Workforce: Project Radiance is supported by highly skilled workforce, the Production team has ~15 years of association with the Company. The highly skilled workforce with decades of experience ensures consistency, reliability and innovation in the Products

Recognitions: Project Radiance is ISO 9001 certified and holds ZED Bronze certification, demonstrating its focus on quality and process excellence.

Transaction Overview: The Promoters of Project Radiance are seeking a 100% buyout to monetize their investment due to the absence of an immediate succession plan. The Promoters would like the Company, employees and brands to be handed over to strategic buyers with a vision for further growth.

The investment rationale for a Potential Acquirer is as under

a) Legacy Brand with a good recall
b) Strong Distribution Network
c)  Integrated Manufacturing Capabilities
d) Strong Brand Presence and Recall
e) Infrastructure whose market value is significantly higher than Book value.

Products & Services

Branded Apparel. Project Radiance’s Product Segments include:

1. Thermal wear
2. Active wear
3. Sweaters
4. Jackets
5. Lingerie
6. Innerwear for men, women and kids

Additional Information

Already covered in the Brief