What does The Hooghly Mills Co Limited do?

The Hooghly Mills Co Limited is a public limited company incorporated in 1913, engaged in the manufacture of furnishing fabrics and home textiles. It is headquartered in Kolkata, West Bengal, and operates in the broader textiles sector.

When was The Hooghly Mills Co Limited incorporated?

The company was incorporated in 1913, making it one of the oldest textile manufacturing companies in India with over a century of history.

What is the share capital of The Hooghly Mills Co Limited?

The company has an authorized share capital of INR 20 crore and a total paid-up capital of INR 7.94 crore, as per its registered filings.

Is The Hooghly Mills Co Limited listed on any stock exchange?

No, The Hooghly Mills Co Limited is an unlisted public limited company and its shares are not traded on BSE or NSE. It trades in the unlisted/pre-IPO market.

How do I buy Hooghly Mills unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Hooghly Mills?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Hooghly Mills shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Hooghly Mills Unlisted Share Price | Buy Hooghly Mills Pre-IPO Shares — wisefolio

Investment Thesis

One of Kolkata's oldest cotton textile mills (est. 1913), Hooghly Mills Company Limited operates from Garden Reach, Kolkata manufacturing cotton furnishing fabrics (printed and woven home textiles) and cotton yarn. Revenue ₹140 Cr FY2024 with strong ~40% CAGR. 1,223 employees. Promoted by Dugar/Gadia family. Unlisted. A heritage Bengal textile mill with meaningful scale and a specialised premium furnishing fabric niche — well-positioned within the B2B home textiles segment.

Pros

Revenue ₹140 Cr FY2024 — substantial textile scale with ~40% revenue CAGR
112-year-old company (est. 1913) — heritage Kolkata textile mill
Garden Reach, Kolkata location — historic textile manufacturing hub
1,223 employees — significant manufacturing workforce
Specialised in furnishing fabrics — premium B2B textile segment

Cons

Unlisted — no exchange price discovery
Cotton textile sector faces competition from synthetic and imports
Garden Reach location — older industrial zone with infrastructure challenges

Business Segments

Cotton furnishing fabrics manufacturing — printed and woven (home textiles)

Cotton yarn spinning

Revenue Model

The company generates revenue through the manufacture and sale of furnishing fabrics and home textile products, likely catering to wholesale distributors, retailers, and potentially institutional buyers in India.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

Growing domestic demand for home textiles driven by rising urbanization and real estate activity in India.

Government schemes such as PLI for textiles could benefit eligible manufacturers in the sector.

Industry Tailwinds

Growing domestic demand for home textiles driven by rising urbanization and real estate activity in India.

Government schemes such as PLI for textiles could benefit eligible manufacturers in the sector.

Recent Developments

Revenue ₹140 Cr FY2024 — strong growth trajectory (~40% CAGR)

1,223 employees as of June 2025; full manufacturing operations at Garden Reach

Website: hmclmills.com — active digital presence

Comparable Companies

CompanyTypeTickerMkt Cap

Welspun India LimitedListedWELSPUN8000 Cr

Trident LimitedListedTRIDENT7000 Cr

Bombay Dyeing & Manufacturing CoListedBOMBAYDYE2000 Cr

Welspun India LimitedListed

WELSPUN · 8000 Cr

Frequently Asked Questions

About Hooghly Mills

The Hooghly Mills Co Limited is one of India's oldest textile manufacturing companies, incorporated on 30 June 1913, with its registered office at 76 Garden Reach Road, Kolkata, West Bengal. With over 111 years of operational history, the company stands as a heritage weaving enterprise in the Hooghly industrial belt — one of India's historically significant textile manufacturing corridors during the British colonial era and post-independence period. The company specialises in the manufacture of premium home and furnishing textiles, including jacquard and dobby furnishing fabrics, chenille fabrics, tapestries, made-ups, and rugs. These are woven textile products targeting both domestic interior design markets and export buyers looking for high-quality Indian furnishing fabrics. Jacquard and dobby weaving are technically sophisticated processes requiring specialised looms and skilled artisans, giving the company a differentiated product profile compared to commodity cotton or polyester mills. Financial performance has been solid, with operating revenue in the range of ₹100 Crore to ₹500 Crore for the financial year ending March 2024. The company's authorised share capital is ₹20 Crore, with a paid-up capital of approximately ₹7.94 Crore. The board of directors includes Vijay Singh Dugar, Sourabh Gadia, Manoj Kumar Sharma, Amit Pandey, and Neema Shaw, reflecting a mixed promoter-professional governance structure. Situated in Kolkata's Garden Reach area — historically a hub of industrial manufacturing — The Hooghly Mills Co Limited has maintained operational continuity through multiple decades of shifting economic conditions. Its product mix in home furnishing textiles aligns well with India's growing interior design and real estate sector, as well as demand from European and US buyers for premium Indian woven fabrics. The company represents a rare unlisted opportunity in India's technical home textiles segment.

Key Milestones

1913 — Incorporated in Kolkata; one of West Bengal's oldest cotton textile mills

Common questions about unlisted shares

How do I buy Hooghly Mills unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

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