Spenta International

Hi Brajesh,
I too have not been able to find out the buyer list but when I call them up they has giving me the below idea:-

1. Spenta is supplying socks as white label to most of the retailers in the country and boasts of customers like Reliance retail, Future group, AB etc.
2. It claimed itself to be the leader in Export of white level socks via large trading houses who are selling to big brands internationally.
3. Recently they are trying to develop their own brand as Spenta Socks which they have got a very good response.

Hi Chaitanyak,

The main parameter I judge is cash floe and profit margin and in both parameter Virat Ind stand way lower than Spenta. Also I haven’t got any good response from the management of Virat.

My concern is not with Virat but with the other major player in the industry like Mustang, Renfro etc. I am doing an analysis on them as a part of my business and competitor analysis. Will updated more as soon as I finished.

If you guys can gather any information on the same [in the buyer range as well as with the competitor]it will be very helpful for me.

N.B. :- I have not buy Spenta Int yet as my analysis is not complete but the financial of a company is the first line of checking for me and undoubtedly Spenta Int has very lucrative financial as I have described above.