Lws Knitwear Ltd. Rights Issue (LWS Knitwear Rights Issue 2024) Detail

Incorporated on May 09, 1989, LWS Knitwear Private Limited is manufacturer of winter and summer wear garments at Ludhiana, Punjab.

The company is currently engaged in trading of knitwear of various textures. Knitwear is used for manufacturing various garments like dresses, skirts, tops, undergarments, pajamas, t-shirts, shawls, sweaters, cardigans, matching dresses, leggings, cardigans, shirts, turtlenecks, cuffs, cardigans, sweaters, collars etc.

They source these products from third- party manufacturers and retailers.

Their competitive strengths

1. Existing customer and supplier relationships: Strong customer and supplier relationships promote repeat business, competitive advantage and timely delivery of quality products.
2. Quality assurance and standards: The company adheres to the quality standards set by the customer and ensures comprehensive employee awareness, effective quality control systems and product excellence.

Their business strategies:

1. Expand production capacity and improve operational efficiency: the company intends to establish a new production facility. The expected savings resulting from the backward integration of its activities will be utilized for the company's production activities.
2. Further build its own brand and distribution: The company intends to rebuild the "LWS" brand by leveraging its experience in the industry and its relationships with suppliers and customers.
3. Strengthening its presence through an e-commerce platform: The company intends to expand e-commerce and online retail to create additional channels through which it can reach customers for its "Super Star" brand. The company believes that the development and expansion of the online space can further increase the awareness of its target customers, which can be converted into footfall in the stores where the "LWS" brand products are sold.