Billwin Industries Right Issue Details 2024

About Company - Billwin Industries

Billwin Industries Limited was founded in February 2024. The company is engaged in the manufacture of protective equipment; this equipment mainly consists of rain gear, life jackets and inflatable boats used in seas and other water bodies for safety. The raw material used to manufacture this protective equipment is called coated fabric. They also trade in the protective equipment they manufacture. The product range includes raincoats, rain jackets, pulsar jackets, winter jackets, inflatable boats, sleeping bags, satchels, life jackets, backpacks, face masks, etc.

The Company's manufacturing facility is located at 79, Vishal Industrial Estate Village Road, Bhandup West Mumbai Maharashtra and has a total area of approximately 5190 square meters at the time of filing the Draft Prospectus. This manufacturing facility is known for its internal quality management. The manufacturing process starts with the procurement of the coated fabrics and then includes the process of cutting, stitching, finishing, checking and packaging of the final products.

This will be reflected in the company's profitability. The acquisition also provides the opportunity to leverage the combined assets and build a stronger, more sustainable business. It allows for optimal utilization of existing resources and provides the opportunity to fully leverage the strong assets, skills, experience and expertise. Other benefits include greater reserves, investment, goodwill, manpower, funding, customers, distributors, brands, etc. available to the business to meet its needs.