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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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20246/30/2024Yes----

Industries
SIC Code Description
2281 Yarn spinning mills

Officers and Directors

Title
Name
Age		 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
Number of Employees: 637 (As of 6/30/2024)
Outstanding Shares: 9,920,000 (As of 9/30/2024)
Stock Exchange: PSX
Fax Number: +92 212419817


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Monday, December 2, 2024