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Home>About Us> Overview
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Overview
As Indias leading retailer, Pantaloon Retail inspires trust through innovative offerings,
quality products and affordable prices that help customers achieve a better quality of life
every day. We serve customers in 85 cities and 60 rural locations across the country
through over 15 million square feet of retail space.Pantaloon Retail is the flagship company of Future Group, Indias retail pioneer catering to the entire Indian
consumption space. Through multiple retail formats, we connect a diverse and passionate community of Indian
buyers, sellers and businesses. The collective impact on business is staggering: Around 220 million customers walk
into our stores each year and choose products and services supplied by over 30,000 small, medium and large
entrepreneurs and manufacturers from across India. This number is set to grow.
We operate multiple retail formats in both the value and lifestyle segments of the Indian consumer market
including:
Pantaloons - a chain of fashion outlets.
Big Bazaar- a uniquely Indian hypermarket chain.
HomeTown - One-stop destination for every need of the aspirational Indian home-owner.
Food Bazaar- a supermarket chain that blends the look and feel of Indian bazaars with modern retail aspects like
choice, convenience and quality.
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Central - a chain of seamless destination malls.
Ezone - eZone brings to you the latest in electronics at the lowest prices.
Our other formats include Brand Factory, Ethnicity, Planet Sports, aLL and more.As modern retail drives fresh demand and consumption in new categories, our strategy is based on a deep
understanding of Indian consumers the products they want, and making these products available in every city in
every store format. We are in line with our broad objective of being a catalyst in Indias consumption-led growth and
being a positive agent of change in the communities we serve.
Pantaloon - Company Profile - September 25th, 2010Company Profile
Incorporated in October 1987, Pantaloons ranks amongst the top five retailers in India.
Pantaloon Retail India Limited (PRIL) was incorporated on October 12,1987 as Manz Wear Private Limitedunder the stewardship of Mr.Kishore Biyani. The Company was converted into a Public Limited Company on
September 20,1991 and on September 25,1992 the name was changed to Pantaloon Fashions (India)Limited and the same time it went public.
Today it has approximately 14,000 shareholders. It changed its name to Pantaloon Retail (India) Limited on7th July 1999.
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From a humble beginning in 1987, Pantaloon has today evolved as a leading manufacturer-retailer in the
country with 13 departmental stores and 5 hypermarkets operating across the country. It has been aremarkable journey for PRIL as it evolved from a manufacturing to a completely integrated player controlling
the entire value chain.
It has been a pioneer in introducing the concept of Mega Retail Stores in India called 'Pantaloons' for theentire family. It has diversified, and has come up with its new concept with Big Bazaar and Food Bazaar. Inan extremely price-sensitive market like India, the Pantaloons chain of stores has been successful inmaintaining the equilibrium between quality and price.
The company has aggressive growth plans to achieve scale of economy and take leadership position in thisevolving industry. PRIL's ability to evolve from smaller format into large format retail stores is well proven.With aggressive growth plans the company has identified many locations across the company to roll out
stores in the future.
The company plans to increase the retail space under control from 2 lakhs in 02 to more than 1 millionsquare feet over the next 3 years to emerge as a 'Godzilla' of the Indian Retail Industry.
Corporate Mission
"We share the vision and belief that by improving our performance through innovative spirit and dedication,we shall serve our customers and stakeholders satisfactorily."
Major Milestones
During its evolution, the company achieved various milestones and demonstrated innovativeness andleadership by pioneering concepts that has now become industry standards. Some of the major milestoneachieved by the company in its life span of 14 years is enumerated below:
Company Incorporated 1987-88
The Pantaloon Trouser 1987-88
India's first formal trouser brand launched
BARE 1989-90
Indian Jean brand launched
John Miller 1993-94Shirt inspired by America -Formal shirt in popular segment launched
Distribution of branded garments through multi-brand 1993-94retail outlets across nation and exports of garments
The Pantaloon Shoppee 1993-94Exclusive menswear store in franchisee format launched across nation
Pantaloons 1997-98India's Family Store launched
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BIG BAZAAR 2001-02Isse se sasta aur acha kahi nahi! - Indian Hypermarket launched
Board of Directors:
A professional and broad based board is managing the company that has experience in the relevant fields ofbusiness making it a unique balance of experience and knowledge.
Name (Age) Capacity
1. Kishore Biyani Managing Director
2. Rakesh Biyani Executive Director3. Gopikishan Biyani Executive Director4. S. Doreswamy Independent Director5. Shailesh Haribhakti Independent Director
6. Dr. Darlie O Koshy Independent Director7. Anju Poddar Independent Director
8. Bala Deshpande
Brands
John Miller Shirts - The shirt inspired by America
Pantaloon - India's No.1 trousers
Bare
Annabelle -Western wear for the contemporary modern woman
Ajile - More than Sportswear
Honey - T-2000 best trousers of the country
Bare Kids - For children from age group of 3-14 age group
Popeye Kids clothing - Priced very reasonably
Disney - Kids wear
Pantaloon Retail (India) Ltd
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BSE: 523574 | NSE: PANTALOONR | ISIN: INE623B01027
Market Cap: [Rs.Cr.] 4,390 | Face Value: [Rs.] 2
Industry: Textiles - Products
Discuss this stock
Company Profile
Pantaloon Retail India Limited (PRIL), a retailer was incorporated in 12th October of the year 1987, headquartered inMumbai, the company operates through primarily the Lifestyle' and Value' formats through multiple delivery mechanismsand lines of business, some of them being, fashion, food, general merchandise, home, leisure and entertainment,financial services, communications and wellness. The Company has stores in 51 cities across the country, constitutingover 6 million square feet of retail space. It caters to the Lifestyle' segment through its 35 Pantaloons Stores and 5Central Malls, as well as its other concepts. In Value' retailing it is present through 78 Big Bazaar hypermarkets, 113Food Bazaars and other delivery formats. In the year 1991, the company had launched BARE, the Indian jeans brand.Initial public offer (IPO) was made in May of the year 1992. During the year 1994, the Pantaloon Shoppe, an exclusivemenswear store in franchisee format launched across the nation and also the company starts the distribution of brandedgarments through multi-brand retail outlets across the nation. In the year 1995, the John Miller, formal shirt brand of thecompany was launched in market. India's family store Pantaloons was launched in Kolkata during the year 1997. In the
year 2001, Big Bazaar, Is se sasta aur accha kahi nahin' India's first hypermarket chain was launched, after this, asupermarket chain also launched in the period of 2002 under the name and style of Food Bazaar. The Company hadinitiated India's first seamless mall in Bangalore in the name of 'Central' in the year 2004. During the year 2005, FashionStation of the company was launched, it was the popular fashion chain and also in the same year, a little larger' (aLL),an exclusive store for plus-size individuals was launched. In 2006, Future Capital Holdings, the company's financial armlaunched its real estate funds Kshitij and Horizon and private equity fund Indivision. Multiple retail formats includingCollection i, Furniture Bazaar, Shoe Factory, EZone, Depot and futurebazaar.com are launched across the nation in theyear 2006. The Company had signed a Memorandum of Understanding (MOU) with Blue Foods Private Limited to forma 50-50 Joint Venture Company in July 31st of the year 2006 for setting up food courts and speciality restaurants acrossthe country. In January of the year 2008, the company had entered into joint venture with US based Staples Indian officeproducts business unit, Future Office. As at February 2008, Pantaloon awarded a comprehensive USD 50 million 5-yearIT outsourcing contract to Wipro Infotech. The Company initiated its flagship hypermarket retail store 'Big Bazaar' inBarrdhaman city during January of the year 2008. Pantaloons launched an exclusive line of film merchandise 'TASHANCollection' across all its 40 stores in April of the year 2008.
Pantaloon Retail (India) Limited is India's leading retailer that operates multiple retail formats in both the value and
lifestyle segment. Pantaloon has ushered a retail revolution in India and its founder Kishore Biyani is known as India's
"King of Retail". Pantaloon's headquarter is in Mumbai. The company currently operates over 5 million square feet of
retail space and has plans to increase it to 30 million sq. ft by 2011. Pantaloon has plans to open over 3000 new
stores by 2010.
Pantaloon's origin can be traced to 1987 when the company was incorporated as Manz Wear Private Limited. The
company launched Pantaloons trouser, India's first formal trouser brand. In 1992, Pantaloon launched its IPO. In
1994, The Pantaloon Shoppe - exclusive menswear store in franchisee format was launched across the country.
Pantaloon started distribution of distribution of branded garments through multi-brand retail outlets across the nation.
In 2001, Big Bazaar, India's first hypermarket chain was launched. In 2002, Food Bazaar, the supermarket chain was
launched. In 2006, Future Capital Holdings, the company's financial arm launched real estate funds, "Kshitij" and
"Horizon" and private equity fund "Indivision". The company is also planning forays into insurance and consumer
credit.
Pantaloon Retail is the flagship company of Future Group. The lines of business of Future Group are:
E-commerce: Pantaloon's website Futurebazaar.com has revolutionized the e-commerce business in India. It offers
a wide range of products at affordable prices. It has been named as Best Indian Website 2007 in the Shopping
category by PC World.
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Food: In food business, the group offers a host of options. Food Bazaar - a chain of large supermarkets; Brew Bar - a
beer bar; caf Bollywood - a national chain of eateries; Chamosa - a pan-Indian chain of snack counters, and Sports
Bar - a bistro focused on the world of sports.
Fashion: The group offers a variety of options in fashion. Its brands include aLL, Blue Sky, Central, Etam, Fashion
Station, Gini & Jony, Navaras, Pantaloons, and Top 10.
Home & Electronics: Options include: Collection i - a lifestyle furniture store; Electronics Bazaar - offers branded
electronic goods and appliances; e-zone - trendiest electronics items; Furniture Bazaar - entire range of Home
Furniture; Home Town - one stop destination for all the home needs.
Leisure & Entertainment: Options are: Bowling Co. - state-of-the-art premium family entertainment centre, offering
multiple, novel and unique leisure and entertainment options; F 123 - offers a wide range of gaming options ranging
from bowling and pool to redemption and interactive video games to bumper cars.
Wellness & Beauty: Options are: Health Village - a state-of-the art spa and yoga centre; Star & Sitara: Beauty salon
for men and women; Tulsi - provides access to the best allopathic, ayurvedic and homeopathic medicinal products;
Turmeric - offers beauty products like colour cosmetics, fragrances, herbal and specialty skin items, hair products and
bath accessories.
Books & Music: Future Group's brand - "Depot" offers Books, CDs, and stationery items.
Major Achievements of Pantaloon Retail
Chosen as International Retailer for the Year 2007
Chosen as Emerging Market Retailer of the Year 2007
Best Employers in India (Rank 14th) in the Hewitt Best Employers 2007 survey.
Best Managed Company in India (Mid-cap) for the year 2006.
Won Images Retail Awards 2006 for Best Value Retail Store, Best Retail Destination, and Best Food &Grocery Store.
Note: The above information was last updated on 21-07-2007