Commercial Credit Report for Ideal Spinning Mills Ltd

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	Ideal Spinning Mills Ltd
404-405, 4th Floor
Business Centre, Mumtaz Hassan Road
Phone: +92 212412814p:+92 212412814	KARACHI, 74000 Pakistan	Ticker: IDSMIDSM

Business Summary

Ideal Spinning Mills Limited is a Pakistan-based company, which is engaged in the manufacturing and sale of yarn, cloth, and hosiery products. The Company's segments include spinning, weaving and socks. The Company's spinning segment produces various qualities of yarn using natural and artificial fibers. Its weaving segment produces various qualities of greige fabric using yarn. The Company’s socks segment is engaged in the manufacturing of socks from yarn, elastic, and other ancillary materials. The Company's geographical locations include Europe, Asia, America, and Pakistan. The Company's factory is located at Tehsil Jaranwala, District Faisalabad in the Province of Punjab.

(Source: F-4)

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	6/30/2023	Yes	-	-	-	-

Industries

SIC Code	Description
2281	Yarn spinning mills

Officers and Directors

Title	Name	Title Date	Start Date
Chairman of the Board	Muhammad SaeedSheikh	3/31/2014
Chief Executive Officer, Executive Director	AmjadSaeed	3/31/2014
Chief Financial Officer	Muhammad KashifZahur	10/15/2019	10/15/2019
6 additional Officers and Directors records available in full report.

General Information

Outstanding Shares:	9,920,000	(As of 12/31/2023)
Stock Exchange:	PSX
Fax Number:	+92 212419817

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