Interloop Limited

Interloop Limited (اانٹرلوُپ لمیٹڈ) is a textile based B2B manufacturing company based in Faisalabad, Pakistan.[1] It supplies socks and leggings to retailers like Nike, Adidas, H&M, Puma, Levi's, Reebok and Target.[2][3]

Interloop Limited
TypePublic limited company
PSX: ILP
IndustryTextile
GenreBusiness-to-business
Founded1992
FoundersMusadaq Zulqarnain, Navid Fazil, and Tariq Rashid
Headquarters
Faislabad
,
Pakistan
Area served
Worldwide
Key people
Musadaq Zulqarnain (Chairman)
Navid Fazil (CEO)
ProductsYarns, hosiery, denim, and apparel
Number of employees
17000 (2018)
Websitewww.interloop-pk.com

The company has five hosiery manufacturing divisions, located in Pakistan, Bangladesh and Sri Lanka.[4]

History

Interloop was established in 1992 as a B2B manufacturer of socks and leggings by brothers Musadaq Zulqarnain and Navid Fazil along with Tariq Rashid. After eight years, a second production unit was opened with 400 knitting machines installed.[1]

In 2003, Interloop opened its first vertically integrated hosiery plant in Faisalabad in an effort to make its supply chain management more efficient. In 2005, the company opened their second hosiery plant, and launched a yarn dying division a year later, also in Faisalabad.[1]

Pakistan Stock Exchange

The company was converted into public limited company on July 18, 2008 from being private limited.

In March 2019, Interloop raised more than 5 billion pkr through Pakistan's largest private sector IPO, placing it amongst the top 50 companies listed on the Pakistan Stock Exchange by market capitalization.[2][5][6][7]

See also

References
  1. "Interloop targeting Pakistan's largest-ever private sector IPO". Pakistan Today.
  2. "Purpose At Work: How Interloop Activates Purpose To Drive B2B Growth". Forbes.
  3. "Nike Sock Supplier Plans Biggest Pakistan Private Sector IPO". Bloomberg.
  4. "Interloop Limited – A complete vertically integrated company". Business Recorder.
  5. "Interloop: knocks the socks off!". Business Recorder.
  6. "Interloop to raise Rs4.9b at PSX this week". Express Tribune.
  7. "Interloop IPO raises Rs5.025bln". The News International.
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