Gujarat was founded in 1960 and is located in Gujarat, India, with a purpose to drive regional economic growth through diversified business practices. The company primarily focuses on manufacturing and exporting a variety of products, including textiles and chemicals, catering to both domestic and international markets.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Gujarat began issuing bonds in 2005, significantly enhancing its capital structure to fund various growth initiatives. The most notable issuance came in 2019, where it raised ?500 crore to finance capacity expansion projects, with yields currently competitive at approximately 7.5%, aligning with industry averages. Recent news highlights their focus on sustainability, as they plan to introduce green bonds, further diversifying their portfolio while appealing to socially responsible investors.